LATHROP, Calif.--(BUSINESS WIRE)--Award-winning California homebuilder Trumark Homes today announced it will develop two new home communities, Avalon and Avalon Point, within the River Islands master planned community in Lathrop, Calif. Named one of the most successful master planned communities in America, Avalon and Avalon Point will be comprised of 126 single-family detached homes within the master plan, and offer homeowners myriad amenities such as parks, riverfront trails, significant recreational space, a collection of technology and STEAM-focused schools and access to retail shopping.
River Islands Attracts First-Time Buyers, Diverse Families of All Sizes
Over the past year, home sales at River Islands have been accelerating at a rapid pace with sales up 57% in 2020. According to River Islands Development, 76% of homebuyers are relocating from the Bay Area. Trumark anticipates its Avalon and Avalon Point communities will help support housing demand in River Islands and provide spacious and attainable options for homebuyers with growing families seeking housing opportunities outside of costly urban markets.
“River Island’s vision to unite the best elements of the relaxed Delta lifestyle, coupled with all the amenities the master plan will provide at full buildout, made it an attractive location for Trumark’s family-oriented product,” said Tony Bosowski, Northern California Division President at Trumark Homes. “With the goal to increase housing supply and availability of world-class neighborhoods to prospective Bay Area homebuyers looking to relocate to San Joaquin County, our team is proud to have been selected to build at River Islands, and we look forward to steady sales at Avalon and Avalon Point once we break ground later this year.”
Avalon Community to Deliver 57 Single-Family Detached Homes
Starting from the mid $600,000s, Trumark’s Avalon community will offer two single-family detached plans. They include:
- Plan 1, a one-story design, will be 2,827 square feet and will feature four bedrooms and four bathrooms.
- Plan 2, a two-story design, will be 3,761 square feet and will feature five bedrooms and five bathrooms.
Avalon Point Neighborhood Will Comprise 69 Single-Family Detached Homes, Lakefront Access
Trumark’s Avalon Point community will offer the same two-story plan, with the option to include an additional dwelling unit for a multi-generational suite. Avalon Point also will feature a second two-story plan, offering 4,192 square feet, five bedrooms, five bathrooms and an additional dwelling unit. The community also will benefit from several lakefront units, a park and numerous cul-de-sacs, creating more spacious and secluded homesites.
San Joaquin County Experiences Surge in Housing Demand
Located in San Joaquin County off of Interstate 5 at E Louise Avenue, homes within the River Islands master plan offer a central location within a 30-minute drive of 25,000 businesses in Downtown Stockton and other Bay Area employment centers. The site is also located near various local shopping centers in Lathrop, Manteca and Tracy, and will feature its own commercial centers within the master plan at full buildout.
Avalon and Avalon Point are two of Trumark’s eight new communities in Northern California. Last month Trumark acquired 37 homesites within the waterfront San Rafael project, Loch Lomond. Crest and Leeward on the island of Alameda opened sales in winter of last year. Other Northern California communities include: Compass Bay in Newark; Harmony in Sunnyvale; and Origin, a premier age-qualified community in Manteca and the first WELL-certified residential community.
The River Islands master plan will also offer lake entry for non-motorized boats, access to the Altamont Commuter Express (ACE) Train with connections to BART and a state-of-the-art business campus. For more information on Avalon and Avalon Point, click here.
About Trumark Homes
With over 30 years of trusted experience and recognition as 2019 Developer of the Year by Builder and Developer and 2018 Builder of the Year by Professional Builder, the Trumark Group of Companies is a diversified real estate development and builder that includes: Trumark Communities, a master planned community developer; Trumark Homes, a next generation homebuilder; Trumark Commercial, which builds, leases and sells commercial buildings; and Trumark Urban, a vertically integrated residential developer focused on core urban neighborhoods. Earlier this year, Trumark Homes entered into an agreement with Japan-based Daiwa House Industry Co., Ltd., who acquired 60% of the equity interest in Trumark and will commit to further developing the business. www.trumarkco.com.