Transactions - APRIL 14, 2020

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Walton sells 270 acres in Buckeye master plans

by Andrea Zander

Walton has sold 270 acres in the Mystic Vista and Vista Bonita master plans located in Buckeye, Ariz.

MPC Developments has purchased 145 acres in the Mystic Vista community located at Apache Road and Southern Avenue. Mystic Vista is zoned fully residential for 564 single-family detached home sites.

Villa Capri Mobile Home Park bought 125 acres consisting of two parcels of land in the Vista Bonita master plan located in the vicinity of Apache Road and Broadway Road. These two projects are zoned residential for approximately 500 single-family detached home sites. Previously, 20 acres of Vista Bonita were sold to the City of Buckeye for the construction of a new water campus.

Buckeye is the country’s seventh fastest growing city, located 35 miles west of downtown Phoenix. Buckeye is experiencing rapid growth, with more than 30 master-planned communities approved and 2,651 single-family permits issued in 2019, according to the Buckeye Valley Chamber of Commerce.

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