Press Release

July 23, 2015

Pine Canyon Launches New Home Site Enclave


Mid year also marks strong sales for the community

Flagstaff, Ariz. (July 23, 2015) Pine Canyon, a private, luxury golf community in Flagstaff, has announced the completion of 47 new estate sized home sites, averaging approximately ½ acre in size.

Walnut Canyon, one of the most pristine neighborhoods in the community, is bordered by holes 2, 3 and 4 of the Jay Morrish-designed, championship golf course, as well as Coconino National Forest. Pricing begins at $275,000 and offers some of the best views in the community. The home sites have been highly anticipated with 15 reservations already held. Progress on the enclave is moving quickly-­‐ paving is complete and minor site improvements will be finished by the middle of September, when final public report is anticipated.

With the introduction of Walnut Canyon and other community additions on the horizon, sales interest remains strong at Pine Canyon. Year to date, the community has reported nearly $13 million in closed sales, with another $7 million in escrow and $4.9 million in reservations. In addition, since June five Elk Pass Townhomes, two Creekside Village homes, and two homesites are pending, while two Deer Creek Cabins and one homesite have closed. Considering these current figures, Pine Canyon should surpass the $27 million in sales in 2014.

About Pine Canyon
Located adjacent to the Coconino National Forest, Pine Canyon is a 600+-­‐acre, private, luxury golf course community in the high country of Flagstaff, Arizona. In addition to its 18-­‐hole championship golf course, Pine Canyon boasts stunning views of the San Francisco Peaks, an award-­‐winning 35,000-­‐square-­‐foot clubhouse, a second expansive recreation-­‐focused amenity building, and a number of other family-­‐oriented offerings.

Real estate options at Pine Canyon include detached mountain cabins, paired homes, townhome trios and custom estate homes and homesites. For more information on Pine Canyon call 866.779.5700 or visit http://www.pinecanyon.net/.
Pine Canyon is a development of The True Life Companies, a strategic real estate investment and management firm composed of top-­‐tier professionals with over 200 years of combined industry experience in all facets of real estate acquisitions, development, management and homebuilding.

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