The Lakes at Rancho El Dorado is an established and appealing master planned residential community located in Maricopa, AZ just south of Phoenix. In 2008, Harvard Investments and Meritage Homes acquired the community’s remaining 2,000± lots with Meritage receiving approximately 400 finished lots and Harvard Investments receiving approximately 1,600 undeveloped lots.
In 2020, Harvard Investments announced the planned next stage development with new builder partners, lakeside and interior homesites, and park amenities. After making horizontal improvements to 728 lots, Harvard Investments sold new parcel sales to Meritage, Richmond American, Gehan, and DR Horton. These builders offer home buyers value-added opportunities with waterfront and interior lots, multiple floor plans, and attached RV garage options. In addition, Harvard Investments plans to add a 2-acre lakeside park. In late 2021, Harvard Investments announced the sale of its final two neighborhoods to Richmond American Homes. Richmond acquired 237 homesites adding to their four neighborhoods. Harvard's success includes selling over 1,600 home sites in just over two years.
This community’s prime Maricopa location, close proximity to I-10, great schools, the award-winning Copper Sky Recreational Complex, nearby statewide top 10 golf courses, the reputation for being one of the safest cities in the state, along with other value-added amenities make it an ideal home destination. Maricopa offers residents small town charm with plenty of nearby hiking, biking, and camping access.