Desert Moon Estates
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Desert Moon Estates is an approved 739 single family lot subdivision on 200 acres located in the Town of Buckeye, Arizona. The Preliminary Plat was approved in December 2005. Entitlements are vested in the Town of Buckeye. Final plat maps and improvement plans for Desert Moon Estates have been prepared but have not been processed for final approval.
Desert Moon Estates has a Certificate of Assured Water Supply issued by Global Water. Pursuant to an agreement with Global Water, Water transmission mains and storage reservoirs were constructed and dedicated to Global Water to serve the property. A total of $2.6 million ($3,500/unit) in fees has been prepaid for the construction of water supply infrastructure. Desert Moon Estates is one of the few remaining projects with water supply availability that has also paid their water fees.
Sewer service is provided by The Town of Buckeye. Sewer collection lines and infrastructure, including an expansion of the Beloat Wastewater Treatment Plant (WWTP), were constructed and dedicated. The Watson Road Community Facilities District funded sewer infrastructure improvements that will serve the Desert Moon Estates project and other area projects. The Town of Buckeye confirmed that there is adequate capacity remaining in the sewer system to serve the Desert Moon Estates project as well as other projects planned for future connection to the Beloat WWTP.
With current finished lot inventory levels depleting and strong recovery in the Phoenix MSA housing market, Desert Moon Estates is well-positioned for development. Unlike many of the competitive communities in Buckeye, Desert Moon Estates is located near the main commuting corridor of the Phoenix Metro. The I-10 is located directly north of the site and provides access to the greater Phoenix MSA. Many of the competitive communities experience longer commute times because they are located a significant distance from the freeway.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.