Single Family Lot Development
Evergrove is a 240-acre large-scale master planned community in Louden County, VA, the wealthiest county in the United States.
Deal Overview
• 1,076 total housing units across multiple product types
• 610 market-rate lots (detached and attached products)
• 274 active adult lots (detached and attached products)
• 180 LIHTC units (via pad sale to LIHTC developer)
• 12 affordable lots dedicated to local Habitat for Humanity
• 100% of lots presold to NVR and DRB Group
• Dedicating 11 acres to USTA to build their Mid-Atlantic Tennis Campus to hold regional events and will include 36 tennis and pickleball courts and 35k sf of amenity and conferencing space
• 40+ acres of park space, trails and green space
Location Overview
• Historic downtown Leesburg is an 8-minute drive and big box retailers such as Costco, Walmart and a Simon Properties outlet mall are a 10-minute drive
• Easy access to major Northern Virginia employment hubs such as Reston, Tysons and Arlington via the adjacent Dulles Greenway
• Loudoun County is the wealthiest county in America, average household income in a 2-mile radius is $213k and median household income is $196k
