|
Getting your Trinity Audio player ready...
|
Danville-based developer Trumark Homes is gearing up to add two more major residential communities to its Tri-Valley portfolio, with nearly 200 new homes across two different San Ramon Valley developments set to hit the market in the coming months.
The company announced that it is expecting to begin pre-sales and open up model homes to the public this summer for its 61-unit Deerwood Heights project in San Ramon and its 124-unit The Orchard project in Danville.
“The Orchard and Deerwood Heights were thoughtfully designed in prime Tri-Valley locations with the space and functionality that Northern California buyers are looking for in today’s market,” said Tony Bosowski, Northern California division president at Trumark Homes in a press release last month..
“Each community reflects the intentionality that goes into every Trumark home, from floor plans and amenities to the neighborhoods we choose,” he continued. “The positive response we have received so far echoes the demand that exists.”
The Orchard project has been in the works for several years at this point, and has served as a much-anticipated prospect for Danville as it seeks to allow for the increased housing units allocated to the town in the current cycle of the Regional Housing Needs Assessment.
Just as notable, however, is the project’s role in bringing life back to the long-vacated Borel property that served as the town’s last remaining walnut orchard before falling into disrepair over the years amid the death of its owner Armand Borel and legal turmoil with his estate and the East Bay Regional Park District.
Borel’s wish for the site had been to turn it into an agricultural park aimed at educating the public about the region’s history and preserving the remnants of that history contained on the site. But in order to fund that, the parks district opted in 2022 to sell a seven-acre portion of the site to developers to secure funding for the park on the remaining site.
Trumark closed escrow on a deal securing the site in 2024, with construction of the project and the sale of units on the horizon marking one of three different developments that are set to make up the reinvention of the overall site.
In addition to The Orchard, the site is set to host a 43-unit affordable housing project that the town approved bond funding for early last year, as well as the long-anticipated agricultural park on the remaining 10 acres.
Pricing for the two-to-three bedroom units is set to start at the mid-$1 million range.
The company is hosting a webinar on the project, units, and sales process Saturday (June 6) from 10 a.m. to 11 a.m.
Meanwhile, the Deerwood Heights project was approved by the city of San Ramon in 2023, marking a new vision for the vacant site at 2481 Deerwood Drive near Bollinger Canyon Road that was previously zoned for office space.
Although the two projects are on opposite sides of the city limits, they are situated less than two miles from one another, with The Orchard at the southern end of Danville and Deerwood Heights in the northwestern corner of San Ramon.
Prices for the three to three and a half bedroom Deerwood Heights units are set to start at $998,000. Trumark is hosting a grand opening for the development from 11 a.m. to 2 p.m. June 13.
The two new developments are set to go on the market in the near future alongside a number of other local Trumark homes, including Arroyo Crossings in Livermore and Parkton and Francis Ranch in Dublin.
Although the company has been taking increasing steps to spread its wings to other markets in recent years, its original territory continues to be a top priority according to last month’s announcement, which cited the Tri-Valley locations as among the top desirable characteristics of the new projects.
“Northern California continues to be one of the most dynamic and high-demand housing markets, and we remain committed to increasing available inventory with a variety of home types and options to meet the needs of all buyers,” Bosowski said.
