Investment group buys Rancho Las Flores for $45M
his 10,000-acre master planned community is situated north of the San Bernardino Mountain range and east of downtown Hesperia.
IMAGE COURTESY RNMDESIGN.COM
Investment group buys Rancho Las Flores for $45M.
HESPERIA • A real estate investment firm paid $45 million to buy bankrupt Rancho Las Flores, a nearly 10,000-acre master-planned residential community in Summit Valley.
Meanwhile, the city of Hesperia is trying to buy the property’s water rights. The City Council will vote duri.
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