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In 2019, we committed $17.5m to Dividend Homes to build Maravilla, a 55-unit townhome development project in Mountain View, California.
The community is comprised of three-story townhomes that offer two- and three-bedroom floor plans that feature hardwood flooring, island kitchens with quartz countertops, state-of-the-art appliances, two-car garages, decks, and courtyards.
The Spanish-style architecture showcases stucco exteriors, decorative tile, iron accents and encompasses an impressive common area with amenities such as an outdoor fireplace, plush landscaping, barbeque area, and dog park. Less than a mile to the Google Headquarters, and near popular commute routes, Caltrain, shopping, and restaurants, Maravilla is in a premier Silicon Valley neighborhood.
Homes in Phase 1 began delivering in 2021 and sold out in March 2022. The project will be complete in late 2022.