The 43-acre parcel of land that comprises the iconic Greasewood Flat and Reata Pass has recently been sold, and the heirs of former owner George ‘Doc’ Cavalliere seem satisfied. The land was purchased by developers Taylor Morrison, who may choose to build new Troon homes in the area.
Previously, there had been much controversy over what was to be done over the land that held Greasewood Flat, a beloved haunt for many Troon residents. The Cavalliere family had considered selling the 43 acres in order to pay off debts, but they were reluctant to close down the historic restaurant and bar. Another option was to sell a different parcel of land to the city of Scottsdale to add to the McDowell Sonoran Preserve. This would take care of the debt and allow the family to keep the 43-acres on the corner of Alma School Road and Pinnacle Vista Drive.
Though the land has since been sold in a Probate Court hearing, the Cavalliere family remains hopeful. Taylor Morrison Homes has yet to decide what they plan for their newly acquired parcel, but they have expressed a commitment to providing “responsible development” of the land, as well as preserving its history. This, along with the continued operation of Greasewood Flat, has made the sale a win for all parties.
The sale of this land may mean new home construction in Troon. A spokeswoman for Taylor Morrison has stated that the developers are taking the time to consider all possible options.
If you are looking for new Troon homes for sale, give us a call at (602) 791-0536 or email Carmen@TopScottsdaleHomes.com. There are several new construction homes in Troon North, and we would be happy to schedule a showing with you.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com