The New Home Company Set to Unveil Sterling at Esencia in Rancho Mission Viejo

Model homes will debut at Sterling, the final residential collection to open in Esencia, on Saturday, March 21

ALISO VIEJO, Calif.--(BUSINESS WIRE)--The New Home Company (NEW HOME, NYSE: NWHM) today announced the Model Home Grand Opening for Sterling, a collection of stunning two-story, single-family residences on a hilltop setting at Esencia in Rancho Mission Viejo. NEW HOME will debut three furnished models on Saturday, March 21, 2020. Sterling is the final neighborhood to open at Esencia and will be the last new models in Rancho Mission Viejo until early 2022.

The homes of Sterling offer an inspired combination of size and value with some of the most desirable floorplans at Esencia. Depending on family size and lifestyle preferences, Sterling buyers can choose from four-bedroom, loft or potential five-bedroom floorplans in the popular Transitional and Interpretive Farmhouse architectural styles created by Bassenian Lagoni. The homes feature up to 2,595 square feet of living space and are priced from the mid $800,000s to the mid $900,000s.

Sterling homeowners will enjoy the indoor/outdoor ranch lifestyle of Esencia with an abundance of community amenities, including The Hilltop Club community center, The Pavilion gymnasium, Sports Park and Oak Canyon Preserve. Serving residents is the Esencia K-8 and Tesoro High School, both part of the award-winning Capistrano Unified School District.

“As the final neighborhood to open at Esencia, anticipation and interest in Sterling has been growing since we announced our plans for these hilltop residences last fall,” said Joan Webb, Chief Marketing Officer for NEW HOME. “With its world-class amenities, excellent schools, convenient access to employment centers and overall exceptional quality of life, Rancho Mission Viejo is one of the most sought-after addresses in Southern California, and we’re pleased to add Sterling to its impressive portfolio of new-home neighborhoods.”

For more information on Sterling, visit www.SterlingNWHM.com.

In addition to the launch of Sterling, NEW HOME is currently selling residences at Cobalt in Esencia NorthWalk. Cobalt showcases three floorplans, many with optional loft spaces rare in similarly sized homes. The paired homes, also designed by Bassenian Lagoni, range from 1,223 to 1,527 square feet with two to three bedrooms and two and one-half baths. Cobalt is priced from the mid $500,000s.

Named for its location along the northern-most point of Esencia’s approximately 890 acres, The NorthWalk Neighborhoods offer scenic panoramas and walkable pathways linking neighborhoods to The Backyard, a 5.5-acre linear park dotted with an eclectic mix of amenities including covered loggias, fire pits, a zip rail, children’s play zones and playhouses, and an outdoor social gathering place complete with BBQs, picnic tables and unique chandelier trees that create the perfect ambiance for a relaxing night on The Ranch with friends, family and neighbors. In addition, Esencia is planned to include a sports park with multiple athletic fields as well as an approximately 50-acre commercial center with retail shops and services, restaurants, and professional and medical offices.

The amenities of Esencia join a lengthy list of recreational and social facilities previously opened for Rancho Mission Viejo residents to enjoy, including clubhouses, swimming pools and spas, community farms, water splash zones, picnic/grilling pavilions and event rooms with kitchens, a fully equipped fitness center, seasonal/special event bars, an adventure play park, miles of multi-use trails, tot lots, bocce ball and pickle ball courts, fire pits, a putting green, gardens and patio gathering places, a scenic oak canyon preserve and the Canyon Coffee coffeehouse.

About The New Home Company

NEW HOME is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and Phoenix. NEW HOME was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. NEW HOME was twice named to the Inc. Magazine Founders 40 list, recognizing public companies that have maintained a strong entrepreneurial spirit. For more information about the company or its current new-home offerings, visit www.NWHM.com.