Walton Global, a leader in global real estate investment and land asset management, announces the successful Phase 1 sale of the 244.83-acre Lee Farm master planned community, also known as Pinecrest, to Forestar Group Inc., a leading residential lot developer. As part of the development plan, Forestar expects to deliver finished lots to homebuilder D.R. Horton for the construction of approximately 1,016 residential units, including single-family detached homes, paired homes, and townhomes upon full buildout of the community in Loveland, Colorado. 

“Lee Farm possesses strong long-term growth potential, as it works to meet Northern Colorado’s increased population demands,” said Anthony Ybarra, Senior Vice President, Real Estate for Walton Global. “With its stunning mountain views and conservation land to west, the property provides D.R. Horton a unique setting that aligns with what Colorado homebuyers value most.” 

Within Larimer County, Lee Farm places residents just a 30-minute drive from Fort Collins – one of Northern Colorado’s most vibrant cities. Home to Colorado State University, Fort Collins is known for its strong economy as it continues to expand across the technology, bioscience and clean energy sectors.  

“This property offers residents an affordable entry point into the Northern Colorado market, as well as easy access to many employment centers along the I-25 corridor,” said Ron Mullenbach, D.R. Horton’s Colorado Division President. “Bordered by the scenic foothills, Lee Farm gives us the opportunity to deliver quality homes at attainable price points, benefitting individuals and families across the Front Range.” 

Lee Farm offers residents convenient access to popular retail destinations near the I-25 and Highway 34 interchange, as well as reasonable commute times to Boulder, Fort Collins, and Greeley. Nearby schools include Ponderosa Elementary School, Lucile Erwin Middle School and Loveland High School. 

Walton Global remains actively engaged throughout Colorado and is committed to using strategic land investments to support long-term growth. The company will continue to focus on promoting residential and commercial solutions that lay the groundwork for resilient, thriving communities.