Stirling Sotheby’s International Realty Negotiates Sale of 398 Home Sites at Hunter’s Ridge in Ormond Beach for $8.7 Million

ORMOND BEACH, Fla. --- Stirling Sotheby’s International Realty recently negotiated the sale of 398 home sites at Hunter’s Ridge in Ormond Beach for a total of $8.7 million. Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said associate John Kurtz negotiated the two part sale representing both the sellers. Sixty-eight estate home sites of Ashford Lakes Estates at Hunter’s Ridge sold for $2.2 million to The Resource Group LLC, an investment and development group out of Jacksonville. The seller was Ashford Lakes Estates, LLC BADC Huntington Communities, LLC purchased 330 partially developed single-family and townhome sites for $6.5 million. The sale included Huntington Townhomes, Huntington Lakes and Huntington Woods. The seller was TP Investments, LLC. Hunter’s Ridge is a 5,000-acre DRI located on S.R. 40 just west of I-95. Hunter’s Ridge still has 1,100 undeveloped acres approved for 1,900 more home sites as well as commercial space, a new school and other amenities. John Kurtz with Stirling Sotheby’s International Realty is also representing the seller of this remaining acreage, which is on the market for $15,000,000.00.