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LGI Homes Opens New Community North of Seattle in Marysville

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LGI Homes, Inc. (NASDAQ: LGIH) has opened a new community called The Village at Whiskey Ridge in Marysville, Washington. The community offers affordable townhomes with family-friendly amenities, close to major employment centers and attractions. LGI Homes has sold over 20 homes since the opening in February, with prices starting at $560,000 for three- and four-bedroom homes. The townhomes feature modern kitchens, private owner retreats, and energy-saving features. The community is commuter-friendly, with convenient access to employers in Everett and downtown Seattle.

Positive
  • LGI Homes has successfully opened a new community, The Village at Whiskey Ridge, in Marysville, Washington, offering move-in-ready townhomes with modern amenities at affordable prices.

  • The community features family-friendly amenities such as a neighborhood park, dog park, and basketball court, along with stunning views of the Puget Sound.

  • LGI Homes has exceeded expectations by selling over 20 homes since the opening at the end of February, showcasing strong demand for the new community.

  • The townhomes at The Village at Whiskey Ridge come with designer upgrades included, such as stainless steel kitchen appliances, quartz countertops, and luxury vinyl plank flooring.

  • The strategic location of the community provides easy access to major employment centers in Everett, downtown Seattle, and various amenities like grocery stores, restaurants, and healthcare providers.

Negative
  • Despite the success in sales, the starting prices for three- and four-bedroom homes at The Village at Whiskey Ridge might be out of reach for some potential buyers, starting at $560,000.

  • While the community offers energy-saving features and designer upgrades, the overall affordability of the townhomes may still be a concern for certain buyers in the region.

MARYSVILLE, Wash., May 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of The Village at Whiskey Ridge, a new community located in Marysville, Washington. The new community is situated 5 miles east of I-5 and less than a mile from WA-9, providing commuters access to major employment centers and attractions in Marysville, Everett and Bellevue. The Village at Whiskey Ridge features family-friendly amenities and an incredible lineup of move-in-ready townhomes at some of the most affordable prices in the area.

“We have 51 lots here in Marysville, and we are just down the street from one of the most successful communities in our history in Washington, Kembers Court. We are in the middle of an area that is growing. With five other builders selling homes within 1 mile of our community, LGI Homes at The Village at Whiskey Ridge is the most affordable. We have three- and four-bedroom homes available for our customers starting in the $560,000 range, with all upgrades included in that price. The community offers incredible views of the Puget Sound, a neighborhood park, dog park and basketball court. We have exceeded expectations by selling over 20 homes since we opened at the end of February,” said Zachary Penrod, VP of Sales of LGI Homes’ Washington division.

LGI is unveiling six new floor plans at The Village at Whiskey Ridge, ranging in size from approximately 1,400 to 1,890 square feet, with up to four bedrooms and two-and-a-half bathrooms. The spacious two-story homes feature open layouts with modern kitchens, large family rooms, private owner retreats, flex rooms and attached garages. Each of the newly constructed townhomes at The Village Whiskey Ridge is move-in ready and built with designer upgrades included as part of LGI’s CompleteHome Plus™ package. Premier upgrades include chef-ready kitchens equipped with a full suite of stainless steel kitchen appliances by Whirlpool®, quartz countertops and modern white cabinets topped with crown molding. Luxury vinyl plank flooring, 2-inch faux wood blinds and ceiling fans add comfort and style. Additional energy saving features included in every home are programmable thermostats, recessed ENERGY STAR LED lighting and Low-E double-pane windows.

The Village at Whiskey Ridge places homeowners in the center of it all. This community is commuter-friendly and provides easy access to employers in Everett such as Boeing and the U.S. Navy, as well as downtown Seattle, which is only 45 minutes away. The Village at Whiskey Ridge residents will enjoy ultimate convenience with a variety of grocery stores and retailers located within miles of the community. Excellent schools, restaurants and healthcare providers are also just around the corner from this new community.

The spacious new townhomes at The Village at Whiskey Ridge are priced from the $550s For additional information or to schedule a tour, interested homebuyers are encouraged to call (855) 837-7599 ext 315 or visit LGIHomes.com/TheVillageatWhiskeyRidge.

About LGI Homes, Inc.
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 65,000 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 2023 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/9bf93d36-ca7c-47f2-a7bb-316526636840


FAQ

What is the name of the new community opened by LGI Homes in Marysville, Washington?

LGI Homes opened The Village at Whiskey Ridge in Marysville, Washington.

How many homes has LGI Homes sold since the opening of The Village at Whiskey Ridge?

LGI Homes has sold over 20 homes since the opening at the end of February.

What are the starting prices for the townhomes at The Village at Whiskey Ridge?

The townhomes at The Village at Whiskey Ridge start at prices from the $550s.

What amenities are offered at The Village at Whiskey Ridge?

The community offers amenities such as a neighborhood park, dog park, and basketball court, along with luxury townhomes featuring modern kitchens and private owner retreats.

LGI Homes, Inc.

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About LGIH

based in the woodlands, texas, lgi homes is a publicly-traded homebuilder that has been making the dream of homeownership come true for buyers since 2003. our beautiful new homes, offered in amenity-rich communities conveniently located near major metropolitan areas, give the best in location, affordability and lifestyle to our homebuyers. our mission is simple: give first-time and long-time homebuyers quality homes at affordable prices. we are able to pass through savings to our customers because we procure and develop our own land, maximizing efficiencies and keeping costs low. our communities are located close to the urban centers where people work and play, while allowing our residents to enjoy the slower pace, open space and reduced expense that exists just a short distance from the city. we consider our communities the best of both worlds: where affordable homeownership meets the vibrancy and attractions of the greater metropolitan area. in addition to our presence in several tex