Richmond American Announces Debut of New Yuba County Masterplan

Rhea-AI Summary

Richmond American Homes, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), has launched sales for its new masterplan, Seasons at Riverton, in Plumas Lake, California. The development features two communities offering ranch and two-story floor plans from the builder's Seasons™ Collection. These homes are designed to maximize space and make homeownership more accessible to a diverse range of buyers. The masterplan, which includes Seasons at Riverton North and South, aims to provide affordable housing options while maintaining quality and spaciousness.

Positive

• Launch of new masterplan Seasons at Riverton, potentially increasing revenue
• Offering diverse housing options to attract a wider range of buyers
• Strategic location in Plumas Lake, California, expanding market presence

Negative

• None.

Seasons at Riverton North & South are now selling in Plumas Lake!

PLUMAS LAKE, Calif., Aug. 30, 2024 /PRNewswire/ -- Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that Seasons at Riverton (RichmondAmerican.com/SeasonsAtRiverton) is now open for sales in Plumas Lake. Featuring two exciting communities, this exceptional new masterplan offers ranch and two-story floor plans from the builder's sought-after Seasons™ Collection, designed to maximize space and make homeownership more attainable for a variety of buyers.

About Seasons at Riverton North & South:

• New ranch and two-story homes from the $500s
• Seven inspired Seasons™ Collection floor plans
• Up to 6 bedrooms & approx. 3,040 sq. ft.
• 3-car & RV garages available
• Close proximity to highways & notable schools
• Short drive to popular shops & restaurants
• Near Beale Air Force Base & Toyota Amphitheatre
• Designer-curated fixtures & finishes

Seasons at Riverton is located at 1699 Bond Way (Leighton Grove and River Oaks Boulevard) in Plumas Lake. Call 530.491.7104 or visit RichmondAmerican.com for more information or to schedule an appointment.

About M.D.C. Holdings, Inc.

M.D.C. Holdings, Inc. was founded in 1972. MDC's homebuilding subsidiaries, which operate under the name Richmond American Homes, have helped more than 240,000 homebuyers achieve the American Dream since 1977. One of the largest homebuilders in the nation, MDC is committed to quality and value that is reflected in each home its subsidiaries build. The Richmond American companies have operations in Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. stock is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/richmond-american-announces-debut-of-new-yuba-county-masterplan-302235325.html

SOURCE M.D.C. Holdings, Inc.

FAQ

What is the new masterplan announced by Richmond American Homes in Plumas Lake?

Richmond American Homes has announced the debut of Seasons at Riverton, a new masterplan in Plumas Lake, California, featuring two communities: Seasons at Riverton North and South.

What types of homes are offered in the Seasons at Riverton masterplan?

The Seasons at Riverton masterplan offers ranch and two-story floor plans from Richmond American's Seasons™ Collection, designed to maximize space and make homeownership more attainable for various buyers.

How might the launch of Seasons at Riverton affect M.D.C. Holdings, Inc. (NYSE: MDC) stock?

The launch of Seasons at Riverton could potentially boost M.D.C. Holdings, Inc. (NYSE: MDC) stock by increasing revenue through new home sales and expanding the company's market presence in California.