Owners of the Harmon Ranch on Oak Knoll development site recently sold their 10.87-acre property in Poway to Lennar Homes for $24.5 million, officials said.
The sale was announced Oct. 30 by Colliers, a professional services and investment management company that facilitated the transaction. The date of the sale was not available at press time.
Colliers Senior Vice President Ciara Trujillo, Senior Executive Vice President David Santistevan and Vice President Erin McKinley brokered the deal on behalf of the sellers, Susan Lynn Roschke and Sherry Anne Urena, who are successor trustees of the Harmon Family Trust Agreement, according to a Colliers press release.
The site at 12624, 12650 and 12702 Oak Knoll Road was approved for the development of 64 single-family homes by the Poway City Council in April.
The date of the sale was not available at press time.
“The sellers carefully selected Lennar Homes because of their thoughtful and considerate plan to provide 64 homes to the city of Poway,” Trujillo said. “We are excited to see this development come to life.”
Lennar plans to build modern farmhouse-style, two-story homes in three floor plans ranging from 2,628 to 3,135 square feet. The homes are designed in four architectural styles with 12 different color schemes with front porches.
The plans also include a 5,600-square-foot park and a trail loop south of Oak Knoll Road. The park will open to natural open space that leads to Poway Creek.
Four single-family residences currently on the property include the cobblestone Harmon House, which was built in 1933 and is a city of Poway Historical Site. While three of the homes are expected to be demolished for the development, the Harmon House is expected to be preserved.
Don Urena, the husband of the Harmons’ daughter, Sherry Anne Urena, read a statement at one of the council meetings when the development was approved by the City Council 4-1, with council member Caylin Frank dissenting.
He said the Harmons moved to Poway in 1966 and the elder Edward Harmon was a Naval commander while his wife, Joyce Harmon, was a local real estate agent.
Edward Harmon was involved in the development of the Poway Veterans Park and played a role in building Poway’s senior citizens center, Urena said.
The family selected Lennar for the project because a single-family development was in line with their parents’ wishes and would be the best fit for the community, Urena had said at the meeting.
