Thursday, January 2, 2014

Stirling Sotheby’s International Realty Negotiates Sale of 398 Home Sites at Hunter’s Ridge in Ormond Beach, FL for $8.7 Million


Hunter's Ridge community, Ormond Beach, FL
John Kurtz
ORMOND BEACH, FL --- Stirling Sotheby’s International Realty recently negotiated the sale of 398 home sites at Hunter’s Ridge in Ormond Beach for a total of $8.7 million.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said associate John Kurtz negotiated the two part sale representing both the sellers.

Sixty-eight estate home sites of Ashford Lakes Estates at Hunter’s Ridge sold for $2.2 million to The Resource Group LLC, an investment and development group out of Jacksonville. The seller was Ashford Lakes Estates, LLC

BADC Huntington Communities, LLC purchased 330 partially developed single-family and townhome sites for $6.5 million. 

The sale included Huntington Townhomes, Huntington Lakes and Huntington Woods. The seller was TP Investments, LLC.

Roger Soderstrom
Hunter’s Ridge is a 5,000-acre DRI located on S.R. 40 just west of I-95. Hunter’s Ridge still has 1,100 undeveloped acres approved for 1,900 more home sites as well as commercial space, a new school and other amenities.

 Kurtz is also representing the seller of this remaining acreage, which is on the market for $15,000,000.00.

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142   Lvershelco@aol.com.  



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