Artisan Homes of Jacksonville closed on the purchase of 17 acres at 96131 Tuscany Way in Fernandina Beach on Sept. 21. Artisan paid $1 million for the property. Colliers International represented the seller, Tuscany Preserve LLC.
Previously approved for 36 condominiums, Artisan Homes intends two develop 11 duplex townhome buildings for a total of 22 units.
The development will be called Marsh View. Infrastructure is planned for completion by May 2018 and a model home complete in June or July.
Home sizes will start at 2,500 square feet and prices begin at $490,000.