HOLIDAY

Ironridge by Landsea Homes Sells Out

– Sellout of 481 single-family homes and townhomes underscores continued demand in the market

– Landsea Homes prepares to bring more housing to Orange County this year

Lake Forest, Calif. – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced that its scenic IronRidge master-planned community in Lake Forest, California, has completely sold out. The first homes at IronRidge opened for sale in November 2017.

“IronRidge’s attainable price points and sustainably designed, resort-style inspired homes garnered quick and strong interest from Orange County homebuyers. It’s an exciting milestone to sell out Landsea Homes’ first and largest Orange County master planned community to date,” said Patrick Higgins, Vice President of Sales and Marketing, Southern California division of Landsea Homes. “Each neighborhood was envisioned to create a welcoming setting and each home was carefully crafted for a variety of lifestyle needs.”

IronRidge contains 251 townhomes and 230 single-family detached homes in five different neighborhoods, including:

– Copperleaf: 107 three-story townhomes

– Brookhaven: 80 two-story, single-family detached homes

– Sagebluff: 65 two-story, single-family detached homes

– Silveroak: 144 three-story townhomes

– Windstone: 85 two-story, single-family detached homes

All homes offer a scenic Saddleback Mountain backdrop and provide tranquil luxury living. Select homes at IronRidge also contain Landsea Homes’ High Performance Home features and LiveFlex® opportunities, allowing residents the chance to personalize their home to meet their needs.

Over the last four-and-a-half years, we have watched eager homeowners make IronRidge their home as each neighborhood opened for sale. This is a true reflection and testament to the great demand for Landsea Homes.” Patrick Higgins, Vice President of Sales and Marketing, Southern California division of Landsea Homes

Community amenities include The Ridge, a sophisticated central clubhouse, a resort-style pool, and playground. Residents also have access to miles of hiking and biking trails, as well as the region’s prime shopping, dining, and entertainment options.

“Over the last four-and-a-half years, we have watched eager homeowners make IronRidge their home as each neighborhood opened for sale. This is a true reflection and testament to the great demand for Landsea Homes,” added Higgins.

Homes in Orange County are currently selling at Petra in San Juan Capistrano, Nolin in Anaheim and Hudson in Placentia.

Homes are also selling at the ShadeTree and Neuhouse master-planned communities in Ontario, and the official groundbreaking for Narra Hills in Fontana took place earlier this year.

For more information about Landsea Homes’ communities, please visit: https://landseahomes.com/.

About Landsea Homes Corporation

Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Newport Beach, CA that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation’s most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea Homes was named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation.

An award-winning homebuilder that builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities, Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to “Live in Your Element.” Our homes allow people to live where they want to live, how they want to live – in a home created especially for them.

Driven by a pioneering commitment to sustainability, Landsea Homes’ High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple®. Homes include features that make life easier and provide energy savings that allow for more comfortable living at a lower cost through sustainability features that contribute to healthier living for both homeowners and the planet.

Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees, and stakeholders by creating an unparalleled lifestyle experience that is unmatched.

For more information on Landsea Homes, visit: www.landseahomes.com.

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