Vistancia Secures Over 100 Acres in Land Transactions, Prepares for Future North Peoria Growth

Peoria (Jan. 21, 2025) – Northpointe at Vistancia and the Village at Vistancia, communities in the award-winning 7,100-acre Vistancia master planned community in Peoria, have recently secured over 100 acres in land sales, continuing to poise the community for future growth.

“Vistancia’s builder interest and home sales continue to demonstrate the attractability of our community,” said Mark Hammons, General Manager of Vistancia. “Vistancia is poised for future growth in the area, offering high-quality home options, incredible amenities, outdoor fitness experiences and robust family life opportunities.”

Shea Homes, a long-time builder within the Vistancia master planned community, recently closed on 90.1 acres in Northpointe at Vistancia’s elevated desert community. Shea Homes’ new neighborhood is located east of Vistancia Boulevard, nestled at the base of Vistancia’s signature Twin Buttes mountains. Shea Homes’ neighborhood will include a total of 188 homesites. Construction began in late 2024.

“Shea Homes has enjoyed a long-standing partnership building in Vistancia, with several successful new home neighborhoods in The Village and Blackstone at Vistancia communities,” said Ken Peterson, Vice President of Sales and Marketing for Shea Homes. “We believe the growth of the North Phoenix market and the location of our Northpointe at Vistancia parcel in an elevated desert surrounding is incredibly desirable.”

Residents of Shea Homes’ new community will have access to the The Sovita Club recreation center and 10-acre amenity park. The Sovita Club features a resort-style pool, catering kitchen, movement and fitness on-demand studio, a multi-use turf court and basketball court, resident entertaining and gathering spaces, event lawns, and kids outdoor play zone.

Northpointe at Vistancia opened in 2021 and has sold approximately 700 homes to date. The community is selling its second phase in The Sovita Collection of homes featuring 469 homesites by homebuilders Beazer Homes, David Weekley Homes, and Pulte Homes. Homes start in the $400,000’s and range from 1,683 to 3,554 square feet. 

Shea Homes is now preselling their new Ridgecrest™- a Trilogy® Boutique Community™ in the 55+ Collection of homes in Northpointe at Vistancia. Ridgecrest™ includes three new home collections ranging from 1,649 to 3,040 square feet, and homes starting in the $500,000’s. Models are anticipated to be completed Spring 2025.

Upon completion, Northpointe at Vistancia is planned to include 3,200 single-family homes, private resort-style recreation centers, community parks, a K-8 elementary school, and a 1,100-acre mountain preserve with hiking trails and walking paths.

Brightland Homes recently closed on 10.8 acres with plans to build 40 lots in The Village at Vistancia, a community of family friendly multi-generational living. The lots are already under construction and models are expected to open in late 2025/early 2026.

Residents of The Village at Vistancia have access to two recreation centers, offering year-round activity. The 15,000 square foot Mountain Vista Club features an aquatic park with three pools and two waterslides, an indoor basketball gymnasium/pickleball courts, four lighted tennis courts, and a game lawn home for year-round events. The Foothills Center encompasses a six-acre recreational facility complete with a six-lane lap pool, children’s playground, and picnic ramada.

Two K-8 elementary schools, Vistancia Elementary and Lake Pleasant Elementary, are located in the community and within close proximity for neighborhood children to walk to school.

“Vistancia continues to perform well and attract strong interest from new homebuyers,” said Richard Whiteley, Co-President at IHP Capital Partners. “With its well-thought-out design, exceptional amenities, and the support of Peoria’s robust economic expansion, Vistancia is emerging as one of the most desirable master-planned communities in the Valley. We are very pleased with its performance to date and optimistic about its future growth and success.”

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About Vistancia

The award-winning Vistancia community is located in Peoria and set amongst a stunning backdrop of Sonoran Desert mountain ranges featuring dramatic views of White Peak and Twin Buttes mountains, four lifestyle residential communities, a 3.5 mile Discovery Trail, private community recreation centers with resort-style pools, two K-8 schools, parks, and two golf courses including the private Blackstone Country Club and daily fee Trilogy Golf Club. There are now three entrances into the Vistancia community. Take Loop 303 to Lone Mountain Parkway (exit 127), Jomax Road (exit 126) or Vistancia Boulevard (exit 125). For more information about Vistancia visit www.vistancia.com.

About IHP Capital Partners
IHP Capital Partners was founded in 1992 and celebrates three decades of industry leadership as one of the nation’s leading real estate investment firms. The company facilitates a path to success for its investor and development partners by providing equity for residential projects throughout the country, with a focus on the western U.S. A tactical partner and trusted fiduciary, IHP’s track record is built on experience, expertise and long-term sustained partnerships with well-known institutional investors and a wide range of the industry’s most notable builders and developers. For more information, visit www.IHPInc.com. Follow the company on LinkedIn.

About Värde Partners
Värde Partners is a leading global alternative investment firm with roots in credit and distressed. Founded in 1993, the firm has invested $80 billion since inception and manages $15 billion on behalf of a global investor base. The firm’s investments span corporate and traded credit, real estate and mortgages, private equity and direct lending. Värde employs more than 300 professionals worldwide with offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe. For more information, please visit www.varde.com.

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