New Home Co. has officially announced two significant land acquisitions that will add seven residential neighborhoods totaling 870 homes to the region in the coming months. The two communities?one in the Natomas Panhandle and the other in Elk Grove?represent estimated future homebuilding revenue of more than $650 million.

Most recently, New Home Co. finalized entitlements and acquired land that makes it one of the first builders in the Panhandle area of Natomas where development has been highly anticipated for years. The company has begun grading the more than 62-acre site with plans to develop 343 homes in Natomas Landing.

Three new neighborhoods will comprise Natomas Landing, all featuring one- and two-story single-family residences ranging from 1,700 to 3,147 square feet with three to five bedrooms. Model homes are expected to debut by summer 2025. Also in the Sacramento region, New Home Co. is under construction at Arbor Ranch, a master-planned community now taking shape in Elk Grove, with plans for 527 homes in four residential collections.

The company acquired the almost 95-acre property in the third quarter of 2023 and finalized entitlements and land plan. In addition to building and selling homes at Arbor Ranch, New Home Co. is responsible for the overall site improvements and infrastructure that serves the masterplan.

The single-family homes will range from approximately 1,650 to 3,600 square feet with up to 5 bedrooms, up to five- and one-half baths, two- and three-car garages and single- and two-story floorplans. The first collection of homes is anticipated to be available in late summer 2024. The company currently has several actively selling neighborhoods in the greater Sacramento area.

These include Long Meadow in Elk Grove; The Trails and The Parks at Valley Oak in Roseville; Ridgeview in El Dorado Hills and Rocklin Meadows in Rocklin.