LGI Homes Announces Homes for Sale at Neuse Ridge in Clayton, NC
Rhea-AI Summary
LGI Homes (NASDAQ: LGIH) announces the grand opening of a new section within Neuse Ridge in Clayton, North Carolina. The development features 25 new homes starting at $339,900, equipped with the CompleteHome™ package including Whirlpool® appliances, granite countertops, and various premium amenities.
Located southeast of Raleigh-Durham metro with easy access to major highways, Neuse Ridge offers proximity to the Neuse River Greenway, Clemmons Educational State Forest, and local amenities. The community is within walking distance to Venison Ridge Swim and Tennis Club and is served by Johnston County schools.
The grand opening is scheduled for August 23rd, 2025, offering exclusive opportunities for early buyers.
Positive
- Strategic location with easy access to I-40, I-95, and US-70 for commuting to Raleigh and Durham
- Comprehensive CompleteHome™ package included in base price
- Premium community amenities including tennis courts, pickleball courts, workout facility and pool
- Limited availability of only 25 homes suggests potential exclusivity value
Negative
- Starting price of $339,900 may limit accessibility for some buyers
News Market Reaction – LGIH
On the day this news was published, LGIH gained 8.79%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.4% during that session. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $128M to the company's valuation, bringing the market cap to $1.59B at that time.
Data tracked by StockTitan Argus on the day of publication.
CLAYTON, N.C., Aug. 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the grand opening of a new section within Neuse Ridge, offering an exclusive opportunity to own a brand-new home in this already established and sought-after community in Clayton, North Carolina, southeast of the Raleigh-Durham metro. With its blend of comfort, convenience, and family-friendly charm, Neuse Ridge has become a favorite among homebuyers, and now, for the first time, LGI Homes brings its signature quality and value to this popular neighborhood. Ideally located with easy access to I-40, I-95, and US-70, residents will enjoy convenient commutes to Raleigh, Durham, and major employment centers throughout the region.
"Neuse Ridge is nestled within an established community, where each homesite is uniquely designed to offer privacy,” stated Dayne Luck, Vice President of Sales for Raleigh/Durham. “We are excited to build a collection of 25 well-designed homes to complement the existing community.”
Neuse Ridge is perfectly situated for those commuting to Raleigh or Research Triangle Park, while also offering direct access to local treasures like the Neuse River Greenway, Clemmons Educational State Forest, and the Neuse Country Club. The community is also served by top-rated Johnston County schools, making it a standout choice for families focused on education and lifestyle.
“We are located only 10 minutes from the Glen Laurel Golf Course, and are within walking distance to the popular Venison Ridge Swim and Tennis Club, which offers tennis courts, pickleball courts, a workout facility and a pool,” stated Luck. “This community has something for everyone.”
Homes at Neuse Ridge start at
The grand opening at Neuse Ridge will take place on August 23rd, giving homebuyers the first opportunity to tour the homes and take advantage of exclusive offers. For more information, customers are encouraged to call (855) 687-8221 ext. 1126 or visit the Medley Park information center at 193 Seville Way, Clayton, NC, 27520.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e95c8da4-81a7-4451-9396-0dac31e6e598