Domestic Master Planned Communities

Mountain House

Mountain House, CA

Visit the Mountain House website: www.mountainhouse.net

Mountain House, one of the most ambitious real estate development projects in California, is a 5,000 acre master planned “New Town” community located 60 miles east of downtown San Francisco, in San Joaquin County. It consists of a mixed-use land plan calling for 15,000 residential dwelling units and 12 million square feet of commercial, office and industrial projects.

SunChase acquired the project in 1991 as an assemblage of optioned parcels and then proceeded to secure all necessary local, state and federal entitlements and permits in order to break ground in 2001.  The project also required the formation and staffing of a Community Services District to provide urban services to the community.

From 2001 through 2006, the SunChase team constructed over $350 million of infrastructure, including a freeway interchange, sewer and water treatment plants, fire station, several neighborhood parks, a creek restoration, a large centralized community park, miles of roadways and underground utilities, and funded construction of two K-8 schools utilizing Mello Roos Bonds. SunChase secured institutional financing from GMAC for infrastructure construction.

SunChase negotiated numerous lot sales to some of the nation’s largest public home builders (Lennar, Pulte and Centex Homes) who constructed approximately 3,000 homes during this period.,   Unprecedented sales demand and value increases, made Mountain House one of the most desirable communities in the region.

At the height of the real estate market, in 2005, SunChase completed the bulk sale of the balance of its residential holdings in Mountain House (8,400 lots) to Shea Homes, resulting in one of the largest real estate transactions in the history of Northern California.

SunChase continues to own approximately 400 acres of retail, office, industrial and multi-family parcels in Mountain House.