Poulsbo-based Pope Resources announced a $6.8 million residential land sale in Gig Harbor this week.
Pope sold 63 single-family lots in its Harbor Hill development to Richmond American Homes, according to a news release. Harbor Hill is a mixed-use development that includes residential properties, a business park and commercial properties.
“This is the second bulk sale of fully developed single-family lots we have closed on thus far this quarter,” Pope CEO David L. Nunes said in a release. “We look forward to additional residential lot sales from our Harbor Hill project over the coming months and years as the project matures and enjoys increased interest from merchant builders.”
Pope and its subsidiaries own or manage 204,000 acres of timberland and development property in Washington.
