SOURCE: William Lyon Homes

William Lyon Homes

March 14, 2011 11:00 ET

Magnolia Lane in Elk Grove Has Residence Three Homes for a Spring Move-In

ELK GROVE, CA--(Marketwire - March 14, 2011) - Magnolia Lane in Elk Grove by William Lyon Homes currently has a selection of upgraded and landscaped Residence Three homes on large lots for spring move-in. Homeshoppers are encouraged to act quickly as this unique offering is selling fast. Local renters who are eager to purchase their first home and move immediately will find the neighborhood's Residence Three designs the perfect opportunity to achieve these personal goals. With prices starting from the $200,000s at this single-family detached home neighborhood, tour the models soon or click on for more information.

"With four bedrooms, two- and one-half bathrooms and an open downstairs layout for dining and socializing, the Residence Three's generous living spaces can accommodate the needs of today's growing families," said Lesley Pennington, Director of Sales for William Lyon Homes. "The first floor includes a family room with an optional fireplace that flows into the kitchen and nook, an area that is traditionally the centerpiece of daily activity. A separate living room presents a more formal setting for special occasions. Upstairs, the master bedroom showcases a large master bath, complete with walk-in closet and the laundry area is also conveniently located on the second level."

"While it does vary per individual location, Residence Three upgrades may include birch cabinets, two-tone paint, stainless steel kitchen appliances, granite countertops, upgraded tile and carpeting plus front yard landscaping. Magnolia Lane homeowners will also have the convenience of professionally designed rear yard landscaping," Pennignton added.

Don't miss the latest opportunities at Magnolia Lane, where new homeownership in Elk Grove is available. During a visit, guests can learn more about this week's Featured Home, a Residence Three, Lot #72, that is priced at $264,990. Visitors will also experience the pride of William Lyon Homes, a builder who is committed to giving every customer the opportunity to spend less and live better.

Well-suited for a diversity of lifestyles, the Magnolia Lane neighborhood showcases one- and two-story floorplans that range from approximately 1,719 to 2,409 square feet, with three to five bedrooms, two to three bathrooms and two-car garages. Every home comes complete with all new appliances, heating, plumbing and electrical systems -- a long-term builder warranty provides another important benefit for Magnolia Lane buyers.

Located within the community of Madeira, Magnolia Lane residents will be just a short walk from recreational amenities every family member can enjoy, including athletic fields, playgrounds and parks. Situated between Highway 99 and I-5, Magnolia Lane places homeowners near major commuter roadways, the local library, movie theater, the Laguna Community Park and Aquatic Center, and more. Parents will also be pleased to learn the neighborhood is included within the well-respected Elk Grove Unified School District and is just blocks from award-winning schools.

A 3% Broker Referral Fee is offered at Magnolia Lane. Brokers must bring their client on their first visit to register. Broker Referral Fee to be paid at the close of escrow.

During a tour of the Magnolia Lane models and sales gallery, visitors should also inquire about popular fixed rate FHA financing that requires only 3.5% down; the advantage of VA and Conventional loan options. FHA, VA and Conventional program guidelines and loan limits are subject to change. All loans subject to credit approval; restrictions may apply. Down payment, payment terms and rates vary based on market conditions and qualifying requirements.

It matters who your builder is, and William Lyon Homes means it when they say that they put themselves into their homes. They build each and every home as if it were their own and have earned a solid track record for constructing homes throughout the West since 1954.

To visit Magnolia Lane from I-5, exit Elk Grove Boulevard East, make a right on Bruceville Road, left on Civic Center Drive, right on Babylon Drive, and left on Cordially Way. Models will be on the left. From Highway 99, exit Elk Grove Boulevard West, left on Big Horn Boulevard, right on Civic Center Drive, left on Babylon Drive and left on Cordially Way.

The models and sales gallery are open daily from 10 a.m. to 6 p.m. For more information on Magnolia Lane, please call 1-916-226-2667.

Prices are effective as of the date of publication. All homes are subject to prior sale. Prices and availability of homes are subject to change without notice. DRE Officer License: 00982816.