New homes being sold again in distressed Gilbert area
Nearly two years after its initial developer went bankrupt, the sparsely populated Stratland Estates neighborhood is finding new life.
Earlier this month, Pulte Homes, which purchased 107 lots in Stratland Estates in October, began selling new homes in the long-beleaguered subdivision, near Higley and Germann roads.
Pulte is offering eight floor plans ranging from 1,900 to 3,600 square feet and including one- and two-story homes with up to six bedrooms. Prices start in the low $200,000s.
The neighborhood offers a community park with a lake, playgrounds, flower garden, ramadas and a walking trail. Soon, Pulte hopes, there will be more people around to use those amenities.
Residents in Stratland Estates have welcomed the new burst of activity. When Stratland Estates LLC went bankrupt in July 2008, it left behind dozens of vacant lots and unoccupied houses.
It wasn't long before tumbleweeds became the primary residents of the nearly-empty neighborhood, and homeowners became frustrated with the lack of resources to clean them up.
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