🚧 Intelligent Real Estate Investments - Hines

Grand Opening of Costa Del Sol Model Homes Introduces Public to Palencia's Final Neighborhood

(HOUSTON) – More than 150 real estate professionals, customers, and potential clients toured newly furnished model homes by Arthur Rutenberg Homes, CornerStone Homes, and Cottage Home Company at the recent Model Homes Grand Opening in Palencia’s Costa del Sol neighborhood, the last estate-home neighborhood within Palencia.

Guests were delighted by the uniquely custom features of the Costa del Sol model homes with water and golf views. With food prepared by Anthony’s Catering, invited guests toured each of the three models which included hors d’oeuvres and unique cuisine as well as entertainment at each venue. Palencia resident, Eva Karjono, violinist, entertained with classics at one model home, while a Spanish guitarist and a wonderful vocalist delighted guests at the other two models.

Cottage Home Company showcased The Hampton model home, with cedar shake siding, four bedrooms and four and a half-baths. The Hampton features a bonus room with a balcony overlooking the golf course and a lake, high-end appliances like Wolf and Sub-zero, making it a cook’s dream kitchen.

The Arthur Rutenberg Homes’ model offering, The Castellina, is a four-bedroom, four-and-a-half bath, 4,769-square-foot model featuring a bonus room and second floor club room with balcony. The model home includes the Arthur Rutenberg signature 90-degree pocket sliding doors which open onto a wraparound lanai/cabana area with pool, perfect for entertaining guests.

The Southaven model by CornerStone Homes has five bedrooms, five baths, 3,682 square feet, with more than 700 square feet of outdoor living space with lanai, stone summer kitchen and custom pool. The owner’s bath in the model features a bay window walk-through shower sure to pamper homeowners.

Originally, 62 estate lots were offered in the newly opened neighborhood, which presents expansive views of the Intracoastal Waterway, lake-front, golf and preserve home sites nestled under a canopy of majestic oaks. The majority of these home sites have already been purchased; thus, interested buyers should schedule a tour with one of the Palencia Realty agents before this opportunity to live in northeast Florida’s premier resort-lifestyle community is gone.

Each of the three Costa del Sol homebuilders offers a wide variety of home plans that can be customized to meet the individual needs of every buyer. Costa del Sol is being transformed into one of the most beautiful neighborhoods in Palencia and all of northeast Florida. Homes of notable architectural character are interwoven into the tapestry mature forests with three golf holes and the Intracoastal Waterway providing a spectacular backdrop. The Palencia Sales Center and the model homes are open daily.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.