ATWATER — Sterling Communities of Sacramento is restarting new home construction in Atwater's Clairmont Reserve. That subdivision had been developed from 2003 to 2006 by Pacific Union Homes, which pulled out when the housing market crashed.
The land then was repossessed by lenders.
The subdivision's 109 empty lots were purchased at a bargain price by Sterling, according to Andy Krotik, who is marketing the homes through Coldwell Banker Gonella Realty.
Initially, three floor plans will be built there, with base prices starting at $169,900 for the 1,693-square-foot model, $182,500 for the 1,802-square-foot model and $199,900 for the 2,186-square-foot model.
More floor plans are being designed, with up to 2,700 square feet and three-car garages.
The development's lot sizes range from 6,000 to 9,000 square feet.
Construction of three model homes has begun, and they are expected to open April 16 on Cloverfield Court off Grandview Drive.
The first new homes are expected to be ready for buyers to occupy in May.
Besides regular property taxes, homes in the development must pay fees for a community facilities district, which are about $700 per year.
An interest list for prospective buyers is being compiled. For more information, call 209-358-6429 or go online to www.MercedCountyLand.com.
Bee staff writer J.N. Sbranti can be reached at firstname.lastname@example.org or 578-2196.