Harbor Custom Development Inc said it has entered into a contract with MainVue W LLC for the sale of 24 developed lots in the Horizon at Semiahmoo community in Blaine, Washington State for $4.8 million.
The company said the closing is scheduled for late December 2021.
In July 2021, Harbor acquired 214 acres, including 71 developed lots, adjacent to the Semiahmoo resort in Blaine.
READ: Harbor Custom Development enters contract to sell 30 developed lots in Horseshoe Bay, Texas for over $6M
“MainVue Homes’ stellar reputation, upscale design, and luxury finishes lay the groundwork for a very successful project,” said Harbor CEO Sterling Griffin in a statement.
Harbor is a real estate development company involved in all aspects of the land development cycle including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sales, and management of various residential projects in Western Washington's Puget Sound region; Sacramento, California; and Austin, Texas.
The company’s business strategy is to acquire and develop land strategically, based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces. It focuses on real estate within target markets with convenient access to metropolitan areas that are generally characterized by diverse economic and employment bases and increasing populations.
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