Landsea Homes Breaks Ground on Three New Communities in Arizona

Phoenix, AZ. (March 28, 2022)— Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that it has officially broken ground on three new communities in Arizona including El Cidro in Goodyear, Rev at Eastmark in Mesa and The Villages at North Copper Canyon in Surprise.

“We’re excited to officially begin work to bring more thoughtfully designed High Performance homes to potential homebuyers in the greater Phoenix metro area,” said Kaylee Smith, Arizona Division President, Landsea Homes. “There will be a variety of home types at El Cidro, Rev at Eastmark and The Villages at North Copper Canyon to meet differing needs and lifestyles. Additionally, an appealing array of amenities at each community and beautiful natural surroundings will allow residents to truly ‘live in their element’.”

El Cidro is a new community in Goodyear featuring the small-town charm of single-family homes in two neighborhoods, the Peak Series and Valley Series. These 201 single-family homes range from 1,776 to 3,240 square feet with options for three to six bedrooms and two to five bathrooms. Sales are expected to begin in May.

Residents will enjoy in-town living at El Cidro with picturesque views and easy access to I-10. The city of Goodyear has abundant city parks, a state of the art 86-acre recreation campus complete with a community park and aquatic center. Outdoor enthusiasts are close to the Sierra Estrella Mountains, where hiking and biking trails abound.

Goodyear is just 20 minutes west of central Phoenix with immediate access to major transportation modes and arteries.

The Villages at North Copper Canyon will include 315 one-and two-story single-family homes in two of its neighborhoods, the Peak Series and Canyon Series. Unique and attractive floorplans range from 1,315 to 3,240 square feet with options for two to five bedrooms, two to three bathrooms, and the ability to convert three-car garages into extra rooms or storage. All floorplans will feature open concept designs perfect for individuals and families of all sizes and ideal for indoor-outdoor living. Sales are expected to begin in April.

Residents will enjoy spending time at the great lawn, playgrounds, pool, splash pad and BBQ areas.

Landsea Homes has sold more than 700 homes in North Copper Canyon since 2018.

Surprise is in the northwest Phoenix Metropolitan area, just 45 minutes from Downtown Phoenix and the Sky Harbor International Airport. It’s one of the 10 largest cities in Arizona, and residents and visitors enjoy the small-town feel with big-city amenities. Residents will be able to take in the beauty of the nearby White Tank Mountains and Lake Pleasant regional parks.

Rev at Eastmark, Landsea Homes’ newest neighborhood in the Eastmark master plan will consist of 90 thoughtfully designed and modern single-family homes in four different floorplans. The homes will range from 1,810 to 2,410 square feet with options for three to five bedrooms and two-and-a-half to three bathrooms. Select floorplans will feature LiveFlex® options for a study or loft. Sales are expected to begin in April.

Located in the heart of Mesa, Eastmark values connectivity and engagement with its top-rated schools, beautiful neighborhoods, and innovative amenities. The large-scale community of 3,200 acres integrates new homes with employment, education, recreation, and commerce.

Homes at all three communities will contain Landsea Homes’ High Performance Home features including smart home automation technology utilized by the Apple HomeKit™ environment and energy savings to make life at home healthier and more comfortable. The smart home automation features include an Apple® HomePod mini™, wireless network Internet throughout the home, entry door locks, thermostat control, garage door opener control, light dimmer switches, doorbell camera pre-wire, and high-touch customer service with an individualized training session.

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.

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