Mariposa begins Construction on New Commercial, Mixed-Use Neighborhood

Twilight Kitchen-a05e9e07
Kitchen in Twilight home at Mariposa.
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25 Lots for Twilight Homes in Mariposa under construction with Butterfly Holdings

 

Real estate investment and development company Mariposa East, LP, an affiliate of Harvard Investments, Inc. has announced Twilight Homes will soon begin constructing new models in their newest neighborhood, The M @ Mariposa. This 2-acre parcel will include a commercial area as well as 25 new Twilight homes. The Mariposa master-planned community is found in Rio Rancho, New Mexico, just 30 minutes north of Albuquerque.
 
“We are gratified Twilight Homes is building an additional neighborhood and beginning construction soon of their new model,” stated Tim Brislin, vice president for Mariposa East, LP. “Twilight’s homes have been in high demand here at Mariposa and with near sell-out of their existing neighborhoods, it’s great that this high-caliber builder continues to be part of our growth.”
 
The neighborhood is under development by Butterfly Holdings, a subsidiary of AMREP. The area was zoned for mixed use which allows single family, multi-family and commercial uses. The homes will be one and two-story homes. With the infrastructure nearly complete, Twilight anticipates starting to build a two-story model this month. Twilight offers a single-story plan that is 1,808 square feet and two 2-story plans that are 2,582 square feet and 2,732 square feet.
 
These brand new plans are ideal for those looking for a worry-free, low-maintenance style of living. The Mariposa community includes a Silver LEED-certified Residents’ Community Center, indoor and outdoor pools, Fitness Center, movement studio for yoga and other classes, kitchen and social area, community park including various ball courts, playground, ramadas and picnic areas, and renowned monumental sculptural art. 
 
Mariposa, just outside picturesque Rio Rancho, New Mexico, includes a large portion that will never be developed. The Mariposa Preserve, owned by The Albuquerque Academy, and consisting of 2,200 acres of dedicated open space is adjacent to Mariposa, and is protected in perpetuity. 
 
Mariposa has multiple neighborhoods available, including numerous award-winning builders and custom home neighborhoods with estate-sized homesites. Homes are designed for retirees, couples, single individuals and families of every size and type. Both seasonal and full-time residents call Mariposa home. Homes range from approximately 1,500 square feet to approximately 4,500 square feet. Prices currently range from the low $200,000s to the $400,000s with homesites starting at $50,000 .
 
Find out more about Mariposa and what makes it the premier master-planned community in Northern New Mexico by visiting
https://www.liveinmariposa.com/
 

About Maricopa East, LP

Mariposa East, LP, an affiliate of Harvard Investments, Inc. purchased Mariposa East in 2014. Harvard Investments is the US subsidiary of The Hill Companies; a family-owned company based in western Canada. The Hill Companies has roots that go back to 1903, when it specialized in real estate development and insurance. More diversified today, Hill Companies continues to develop real estate, and has added other businesses, including oil and gas production and distribution, broadcasting, manufacturing, and more. To learn more about Harvard Investments, visit http://www.harvardinvestments.com.

 

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