The New Home Company Celebrates Grand Debut of Russell Ranch as Community Rises in Hills Above Folsom
August 11 2020 - 11:00AM
Business Wire
NEW HOME offers small-group tours for guests
to experience the recently completed resort-style amenities and
view model homes in thoughtfully designed masterplan south of
Highway 50
The New Home Company (NEW HOME, NYSE: NWHM) announced today that
it recently celebrated the Grand Debut of Russell Ranch, the
thoughtfully designed master-planned community set in the rolling
hills of Folsom, California.
NEW HOME hosted a series of socially distanced, small-group
tours for guests to experience the just completed resort-style
amenities and view model homes in the three neighborhoods now open
in the masterplan south of Highway 50. Since a pre-opening sales
campaign began at Russell Ranch earlier this year, 58 homes have
sold to date.
During the highly anticipated celebration, groups comprised of
no more than five people were provided the first look at the
Russell House (private clubhouse), The Springs Pool & Spa, Camp
Russell Kid’s Game Room, outdoor bar and fire pits that together
serve as the recreational heart of Russell Ranch. With indoor and
outdoor spaces, these amenities provide a setting for neighborhood
gatherings, recreation and fitness activities, as well as
entertainment and dining.
“After years of planning and development, and then having to
come up with a strategy to open the community safely in light of
the pandemic, it was especially gratifying to welcome those
interested in Russell Ranch to our Grand Debut,” said Kevin Carson,
President, Northern California for NEW HOME. “We’ve worked hard on
creating a vision for Russell Ranch that we believe will establish
it as one of the most desirable master-planned communities in the
Sacramento region. Our small-group tours remain available by
appointment and we encourage everyone to come see all Russell Ranch
has to offer. We just ask that they follow our safety guidelines by
limiting the number in their party, social distancing and wearing
masks.”
Russell Ranch, which is part of the greater Folsom Plan Area,
has plans for approximately 1,025 homes. The community has been
designed to respect the natural topography of the land, presenting
breathtaking views to the west and south from future residences. It
is located south of Highway 50, east of Placerville Road, and north
of White Rock Road within the Folsom City limits.
Rooted in the historical authenticity and natural beauty of
Folsom, Russell Ranch’s first three neighborhoods are now open and
feature traditional single-family and court homes in varying
styles. Plans for a fourth neighborhood, Gold Hill by NEW HOME,
will be announced soon.
NEW HOME is building Silver Crest, 108 single-family detached
homes designed by Woodley Architectural Group and ranging from
approximately 2,626 to 3,502 square feet with three to five
bedrooms and up to four and one-half baths. Silver Crest offers
beautiful single- and two-story residences and three elevations
including California Villa, California Wine Country and Modern
Pacific. Silver Crest is priced from the mid $700,000s.
Iron Ridge is a collection of 95 single-family detached homes
built by Anthem United and designed by Woodley Architectural Group.
The one- and two-story residences range from approximately 1,779 to
2,953 square feet with two to five bedrooms and up to four and
one-half baths. Iron Ridge offers four distinct floorplans
featuring three beautiful elevations such as Spanish Eclectic,
Modern Farmhouse and California Prairie. The homes are priced from
the mid $500,000s.
Meritage Homes is building Steel Canyon, a neighborhood of 114
single-family court homes. Steel Canyon features two-story detached
residences designed by JZMK Partners with private rear yards in a
six-pack cluster configuration. The homes will range from
approximately 1,800 to 2,145 square feet with three bedrooms and
two and one-half baths. Two of the plans have an option for a
fourth bedroom and third bathroom and each plan includes a Great
Room and kitchen island for casual dining. All three plans showcase
three elevations including California Craftsman, Transitional
Bungalow and California Cottage. Prices start in the high
$400,000s.
Residents of Russell Ranch will experience breathtaking views
from many of the homes, public open spaces, trails and the Russell
House. Additional amenities within Russell Ranch include nearly 10
miles of bicycle and pedestrian trails with pet-rest stations, a
future 10-acre neighborhood park and a future elementary school
site.
An interest list for Russell Ranch is now forming at
www.LiveRussellRanch.com.
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, visit NWHM.com.
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Mike Hoye — Paolucci Salling & Martin Communication
Arts | Public Relations (310) 346-0845 (mobile) or
mhoye@PSMCommArts.com
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