The real estate development company Cole West announced that it has closed on 38 homesites for a new community called Lone Tree in Syracuse, Utah.
Located roughly 30 miles north of Salt Lake City, Lone Tree will consist of 38 single-family homes ranging from 3,500 to 5,000 finished square feet with six new floorplans and options for three to four bedrooms and two-and-a-half to three-and-a-half bathrooms above ground. All homes will feature two-car garages with options for three-car garages on larger lots.
Development is slated to begin this summer, with home sales commencing early next year with prices expected to start in the $700,000s.
The Washington, Utah-based Cole West did not disclose financial aspects of the homesite acquisition.
“This is a great opportunity in Northern Utah to expand Cole West’s presence and advance our continued growth as Utah’s premier homebuilder,” said Chris Winter, Cole West president of homebuilding. “Lone Tree is our second new home community in the growing city of Syracuse, popular with homebuyers looking for a unique, high-quality lifestyle, and top-rated schools. Lone tree will provide thoughtfully designed homes built with lasting craftsmanship and enduring quality.”
Photo: Chris Winter
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