The last builder parcel at Pinewalk, the 1,300-acre master-planned community on Greenbriar Road in northwest St. Johns County, has changed hands. Sekisui House Florida LP paid $14.31 million for 56.56 acres in a deed recorded September 8, 2026, the Jacksonville Daily Record reported on September 9, and the developer says the sale represents Pinewalk's final lots. It is the third builder land deal at Pinewalk since late July. The three total about 888.57 acres and nearly $119.7 million, on a site the developer bought for $31.33 million in December 2022.
What Sekisui House bought
The Daily Record's September 9 report, by J. Brooks Terry, gives the specifics. The buyer is Sekisui House Florida LP, a subsidiary of Denver-based Sekisui House U.S. and formerly Richmond American Homes of Florida LP. The seller is BTI Partners through Greenbriar Property Holdings LLC. The deed was executed September 4 and recorded September 8 in St. Johns County property records at $14.31 million. A news release cited by the Daily Record caps the sale at 108 lots, which works out to roughly $132,500 per lot on our arithmetic, before any site work or fees the contract may carry.
The two Taylor Morrison deals that came first
The Daily Record reported on September 8 that Taylor Morrison filed two environmental resource permit applications with the St. Johns River Water Management District on September 4, covering 414 acres near Greenbriar Road and Veterans Parkway. Those filings follow two purchases from Greenbriar Property Holdings totaling $105.38 million: $60 million in July for 437 acres for Esplanade at Pinewalk, which the company and the Daily Record describe as a 55-plus community, and $45.38 million on August 27 for 395 acres for Laurelwood at Esplanade at Pinewalk, a gated section of roughly 400 single-family homes open to all ages.
Jeremy Hampson, Taylor Morrison's Jacksonville division president, told the Daily Record that initial phase plans are approved for Esplanade. The company's listing, as quoted in the report, puts homes from the $400,000s to more than $1 million at 1,684 to 3,730 square feet. Laurelwood pricing has not been released. Sales for both are slated to begin in mid-2027, and Hampson said Taylor Morrison has no immediate plans for more St. Johns County acquisitions.
From $31.33 million to $119.7 million in under four years
The Daily Record reported on December 28, 2022 that Fort Lauderdale-based BTI Partners, through Greenbriar Property Owners Holdings and Westport Capital Partners, bought the 1,300 acres between Veterans and Longleaf parkways for $31.33 million on December 27, 2022 from the Helow family's Marian Service Inc. BTI said it would build more than 2,000 single-family homes and start site infrastructure so builders could begin within two to four years. BTI's project page, updated August 7, 2026, lists 2,000 residential units and a January 2025 development start.
Side by side, the reported numbers are about $24,100 per acre paid in 2022 and about $134,700 per acre received across the 888.57 acres sold since late July 2026. That is not a like-for-like comparison: the 2026 parcels carry entitlements and master infrastructure the raw land did not, and BTI's costs in between are not public. It is still a clean illustration of what a St. Johns County land developer is paid for carrying entitlement and infrastructure risk, and of why builders here keep buying finished lots rather than raw dirt.
Where the reports leave gaps
Three things we cannot confirm. First, the developer calls the Sekisui House parcel Pinewalk's final lots, but the three deals we can document cover 888.57 of about 1,300 acres; the balance presumably includes earlier sections such as Greenbriar Village at Pinewalk, plus roads, preserve and amenity land. Second, the 108-lot cap comes from a release the Daily Record cites; we have not read it. Third, 2,000 units is BTI's plan, not a delivered count. We will update this post if a build-out figure is published.
What this means for buyers, sellers and agents
For buyers, the calendar matters more than the headline. Taylor Morrison's sections do not open sales until mid-2027, and Sekisui House has not announced a product line or timeline for its 108 lots, so none of this is inventory you can contract on this fall. The published Esplanade range, $400,000s to over $1 million, is a marker for what new construction along Greenbriar Road is expected to cost, and the 55-plus restriction on that section is a stated covenant to confirm with the builder. Price the community development district assessment too: our St. Johns County CDD fee guide shows how those bonds land on the tax bill, and our St. Johns County property tax guide covers millage and homestead.
For sellers in the CR 210 West corridor, roughly 900 more new homes are now funded and in permitting for 2027 and beyond, on top of the pipeline in our Davis enclave story. New supply at scale tends to narrow the resale premium, as our new-home premium analysis found, so a 2027 resale listing here will compete with builder incentives. Current St. Johns homes for sale show what the corridor trades at today.
People also ask
Who bought the last lots at Pinewalk in St. Johns County?
Sekisui House Florida LP, formerly Richmond American Homes of Florida LP and a subsidiary of Sekisui House U.S., bought 56.56 acres for $14.31 million from BTI Partners through Greenbriar Property Holdings LLC. The deed was recorded September 8, 2026 and the sale is capped at 108 lots, per the Jacksonville Daily Record's September 9, 2026 report, which says the developer called the parcel Pinewalk's final lots.
What is Taylor Morrison building at Pinewalk and when do sales start?
Two sections, per the Jacksonville Daily Record on September 8, 2026: Esplanade at Pinewalk, 437 acres bought in July 2026 for $60 million, described as a 55-plus community with homes from the $400,000s to more than $1 million, and Laurelwood at Esplanade at Pinewalk, 395 acres bought August 27, 2026 for $45.38 million, a gated section of roughly 400 single-family homes open to all ages. Sales for both are slated to begin in mid-2027.
How much has Pinewalk's developer sold the land for compared with what it paid?
BTI Partners bought the 1,300-acre site for $31.33 million on December 27, 2022, per the Jacksonville Daily Record. Between late July and September 8, 2026 it sold about 888.57 acres to Taylor Morrison and Sekisui House for nearly $119.7 million. That is roughly $24,100 per acre paid versus $134,700 per acre received on our arithmetic, though the 2026 parcels carry entitlements and infrastructure the raw land did not.
The takeaway
Pinewalk's developer has sold its builder lots: 832 acres to Taylor Morrison in July and August 2026 for $105.38 million, and a final 56.56 acres, capped at 108 lots, to Sekisui House Florida for $14.31 million in a deed recorded September 8, 2026. That is about $119.7 million on land bought for $31.33 million in December 2022. The first Taylor Morrison sales are slated for mid-2027; Sekisui House has not announced its plans for the lots.
Sources
- Jacksonville Daily Record, "Sekisui House Florida buys 56.56 acres in St. Johns County for $14.3 million", by J. Brooks Terry, published September 9, 2026: jaxdailyrecord.com
- Jacksonville Daily Record, "Taylor Morrison advances St. Johns County neighborhood", by J. Brooks Terry, published September 8, 2026: jaxdailyrecord.com
- Jacksonville Daily Record, "BTI Partners buys 1,300 acres in St. Johns County, plans 2,000-home community", by Dan Macdonald, published December 28, 2022: jaxdailyrecord.com
- BTI Partners, "PineWalk, St. Johns County, FL" project page, last updated August 7, 2026: btipartners.com
How this article was prepared: every figure, date and name above is taken from the named reports and is attributed to the outlet that published it. The three Jacksonville Daily Record reports and the BTI Partners project page were read in full; the Sekisui House news release is cited only as quoted by the Daily Record. Per-acre and per-lot figures are our own arithmetic on the reported totals. Nothing here is a forecast or a recommendation. Momentum Realty has no role in any of these transactions. Figures are as reported by the named outlets and are deemed reliable but not guaranteed. Equal Housing Opportunity.