SAN MATEO, Calif. (August 27, 2015) – The New Home Company (NEW HOME, NYSE: NWHM) today announced the opening of Tidelands, a collection of contemporary residences overlooking the San Francisco Bay in San Mateo, Calif. where the first phase of homes is now available. Tidelands will feature a total of 76 homes offering views of the bay and the city skyline.
“These contemporary residences offer homebuyers a rare opportunity to purchase a new home in the Bay Area with close proximity to both water and an urban lifestyle,” said Brian Olin, Bay Area President for NEW HOME. “In addition to a great climate, San Mateo boasts numerous parks making it easy to enjoy a healthy, outdoor lifestyle in the heart of the San Francisco Peninsula, with convenient access north to the city or south to Silicon Valley.”
The homes at Tidelands range from 784 to 1,645 square feet of living space with up to three bedrooms and two baths. Prices range from the mid $800,000s to low $1 millions.
“Securing waterfront property is the dream of every homebuilder, so we feel fortunate to have acquired such a special piece of land so close to the bay in San Mateo,” said Olin. “This is a market in need of attainably priced new homes. We’ve worked hard to create a land plan and thoughtfully designed homes that will meet this need. We expect to have great success with Tidelands and all that it has to offer.”
Tidelands is located near the southwestern corner of Mariner’s Island Boulevard and East Third Avenue in San Mateo. Those interested in a new home at Tidelands are encouraged to visit a recently opened community Information Center or go to www.TidelandsNWHM.com to sign up for the Interest Registry and receive regular updates on sales events and the progress of the community.
About The New Home Company
NEW HOME, one of California’s most active homebuilders, is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California, including coastal Southern California, the San Francisco Bay area and metro Sacramento. In 2013, 2014 and 2015, NEW HOME was the recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. Earlier this year, NEW HOME was awarded the BIA Bay Area “Community of the Year” Award of Excellence for its master-planned community of Orchard Park in San Jose. For more information about the company or its current new-home offerings, visit www.NWHM.com.