LGI Homes Introduces Eldorado, Its Largest Seattle-Area Community to Date
LGI Homes (NASDAQ: LGIH) opened Eldorado, its largest Seattle-area community with 491 homesites in Bremerton on April 1, 2026.
Rhea-AI Summary
LGI Homes (NASDAQ: LGIH) opened Eldorado, its largest Seattle-area community with 491 homesites in Bremerton on April 1, 2026. The Kitsap Peninsula development offers three- to five-bedroom homes starting in the low $500s, over 10 acres of amenities valued at about $3 million, and family-oriented features with easy access to Silverdale and Bremerton.
Eldorado includes the CompleteHome Plus package with energy-efficient Whirlpool appliances, quartz countertops, 42" upper cabinets, and other standard upgrades; tours and sales contact info are available for interested buyers.
Positive
- 491 homesites — largest Seattle-area community to date
- $3 million of amenities across more than ten acres
- New homes start in the low $500s, three–five bedrooms
Negative
- None.
Details
News Market Reaction – LGIH
In the Apr 1 session, LGIH declined 3.34%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Eldorado homesites
- 491 homesites
- Largest LGI Seattle-area community
- Community amenities value
- $3 million
- More than ten acres of amenities at Eldorado
- Eldorado location to park
- 5 minutes
- Drive from Eldorado to Silverdale Waterfront Park
- Eldorado starting prices
- low $500s
- Starting home prices at Eldorado community
- Share price
- $39.53
- Last close prior to this news
- Daily price move
- 4.72%
- 24h price change before publication
- 52-week range
- $33.55–$69.50
- 52-week low and high before this news
- 200-day moving average
- $51.26
- Long-term trend reference for LGIH
Historical Context
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Grand opening of Goldfields Ranch in California with 499 homesites.
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Launch of Spring Sales Event offering over $20,000 in buyer savings.
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Opening of Evergreen Ridge townhome community in Colorado Springs.
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Opening in master-planned Farmstead community near Denver with major amenities.
-
Grand opening of Edmonds Ranch in Seagoville, Texas with new homesites.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
energy star technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SEATTLE, April 01, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the Grand Opening of Eldorado in Bremerton, the Company’s largest community to date in the Seattle area, featuring 491 homesites. Eldorado offers homebuyers exceptional value with new homes in an amenity-rich community.
Ideally situated on the Kitsap Peninsula, Eldorado offers scenic surroundings with convenient access to Downtown Bremerton and nearby Silverdale for excellent shopping, schools, and everyday conveniences. “Eldorado is perfectly positioned for families, located just five minutes from Silverdale Waterfront Park and ten minutes from everything that Silverdale has to offer,” stated Zachary Penrod, Vice President of Sales. In addition to its prime location, Eldorado will feature more than ten acres of amenities, valued at approximately
Eldorado will feature a collection of spacious three-, four-, and five-bedroom homes with beautiful front yard landscaping and stately exteriors with stone detailing starting in the low
Kitsap County is home to a strong and vibrant military presence, and Eldorado is proud to welcome those who serve. “Thank you to all of the military members that we have met so far from the multiple bases close to Eldorado. We’re looking forward to continuing to support our active duty and veteran members yet to come,” stated Penrod.
To learn more or schedule a tour, interested buyers can call (877) 916-1983 ext 732 or visit LGIHomes.com/Eldorado.
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. LGI Homes has closed over 80,000 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/8f6455bc-24c0-4f42-887f-4ca43c307bfc
