In August 2011, in partnership with a local developer, Lexin acquired 42 lots (the “Property”) within 46-lot Rancho Madera, a partially built-out single family homes development located in the heart of downtown Cave Creek, north Scottsdale, Arizona. All site improvements have been installed. Upon completion, the Property will feature European paver street, lush desert landscaping, clubhouse and heated pool. The Property sits at the foot of the Black Mountain Summit Preserve. As a result, it enjoys great views of the surrounding area and provides a secluded, exclusive feel. Off-site amenities, many of which are within walking distance, include several small shops, restaurants and art galleries, as well as recreation and close proximity to highly regarded public schools.
Rancho Madera is fully sold out.