LGI Homes announces sales launch for luxury townhomes at Gardens at Skyway, Seattle, featuring modern designs and community amenities.
Quiver AI Summary
LGI Homes, Inc. has announced the opening of sales for its luxury brand Terrata Homes at the Gardens at Skyway, a new townhome community near Seattle. This neighborhood features contemporary design and modern features, offering a range of four floor plans from 1,314 to 1,967 square feet, with options for two to four bedrooms and two-and-a-half to three-and-a-half baths. Each townhome includes an attached garage and boasts open-concept living spaces with high-quality finishes. The community promotes connection with amenities like green spaces, walking paths, a playground, and a basketball court, while also providing easy access to downtown Seattle and various shopping and recreation options. Homes are priced from the mid-$700s, and the company emphasizes a simplified homebuying process with transparent pricing and curated finishes.
Potential Positives
- LGI Homes is expanding its luxury brand, Terrata Homes, by launching a new modern townhome community, Gardens at Skyway, in Seattle, which enhances its market presence in a high-demand area.
- The new community offers a range of contemporary townhome designs and various customizable features, appealing to diverse buyer preferences and needs.
- Gardens at Skyway includes numerous amenities aimed at promoting a sense of community and active lifestyle, making it an attractive option for families and individuals alike.
- The strategic location provides homeowners with convenient access to key urban areas, shopping, dining, and outdoor recreation, increasing its desirability.
Potential Negatives
- New homes at Gardens at Skyway begin at mid-$700s, which may be perceived as expensive given the current market conditions and could limit the pool of potential buyers.
- The emphasis on luxury features may indicate LGI Homes is targeting a narrower market segment, potentially alienating first-time homebuyers looking for more affordable options.
- The press release does not address any potential challenges or competition the company may face in the current housing market, which could be a significant oversight given the dynamic nature of real estate.
FAQ
What are the new townhome options available at Gardens at Skyway?
Gardens at Skyway offers four new floor plans, with sizes ranging from 1,314 to 1,967 square feet.
How far is Gardens at Skyway from downtown Seattle?
The community is located just 11 miles from downtown Seattle, providing easy access to the city.
What features are included in the townhomes?
Each townhome includes modern finishes, open-concept living spaces, and attached garages, among other features.
What amenities does Gardens at Skyway offer residents?
Residents enjoy open green spaces, walking paths, playgrounds, picnic areas, and a basketball court within the community.
What is the price range for homes at Gardens at Skyway?
New homes at Gardens at Skyway are available starting from the mid-$700s.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LGIH Congressional Stock Trading
Members of Congress have traded $LGIH stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 04/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LGIH Hedge Fund Activity
We have seen 124 institutional investors add shares of $LGIH stock to their portfolio, and 115 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VOSS CAPITAL, LP added 225,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $11,592,000
- GOLDMAN SACHS GROUP INC added 222,958 shares (+89.1%) to their portfolio in Q2 2025, for an estimated $11,486,796
- MILLENNIUM MANAGEMENT LLC added 184,291 shares (+1235.1%) to their portfolio in Q2 2025, for an estimated $9,494,672
- CITADEL ADVISORS LLC added 173,933 shares (+55.2%) to their portfolio in Q2 2025, for an estimated $8,961,028
- MORGAN STANLEY added 161,760 shares (+52.7%) to their portfolio in Q2 2025, for an estimated $8,333,875
- ALTSHULER SHAHAM LTD added 160,000 shares (+26.1%) to their portfolio in Q2 2025, for an estimated $8,243,200
- ANOMALY CAPITAL MANAGEMENT, LP removed 137,128 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $7,064,834
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LGIH Analyst Ratings
Wall Street analysts have issued reports on $LGIH in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 08/27/2025
- JP Morgan issued a "Underweight" rating on 07/09/2025
To track analyst ratings and price targets for $LGIH, check out Quiver Quantitative's $LGIH forecast page.
$LGIH Price Targets
Multiple analysts have issued price targets for $LGIH recently. We have seen 4 analysts offer price targets for $LGIH in the last 6 months, with a median target of $70.5.
Here are some recent targets:
- Jay McCanless from Wedbush set a target price of $95.0 on 10/06/2025
- Aaron Hecht from JMP Securities set a target price of $85.0 on 08/27/2025
- Michael Rehaut from JP Morgan set a target price of $47.0 on 07/09/2025
- Alex Rygiel from Texas Capital Securities set a target price of $56.0 on 06/17/2025
Full Release
SEATTLE, Oct. 08, 2025 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (NASDAQ: LGIH) is proud to announce that its luxury brand, Terrata Homes , is open for sales at Gardens at Skyway , a modern townhome community located in Seattle. Just 11 miles from downtown Seattle, this brand-new neighborhood combines contemporary design, carefully curated upgrades, and lifestyle-forward features in a setting that offers both convenience and comfort.
Gardens at Skyway showcases a collection of four brand-new floor plans, ranging in size from 1,314 to 1,967 square feet. Each townhome includes an attached one- or two-car garage and features open-concept living spaces that maximize natural light and create an effortless flow throughout the home. Homebuyers can choose from two- to four-bedroom layouts with two-and-a-half to three-and-a-half baths. Select plans also incorporate highly sought-after flex spaces, giving homeowners the ability to adapt their home for work, play, or relaxation. Additionally, all interiors are appointed with modern finishes, including quartz countertops, stainless-steel appliances, luxury vinyl plank flooring, and designer hardware and fixtures, all included as standard.
Gardens at Skyway is designed to encourage connection, recreation, and leisure. Residents will enjoy open green space, walking paths and inviting streetscapes. Families will appreciate the on-site playground, while neighbors can gather at the picnic areas or enjoy a game on the half-court basketball court.
In addition to the amenities within the neighborhood, the location of Gardens at Skyway places homeowners close to the very best of the Puget Sound region. Downtown Seattle and Bellevue are both within a short drive, making commuting simple with easy access to I-5 and I-405. Nearby destinations like Westfield Southcenter and The Landing offer endless options for shopping, dining, and entertainment, while parks, scenic trails, and outdoor recreation opportunities provide a welcome escape for those who want to explore the Pacific Northwest.
“Gardens at Skyway is an incredible opportunity for buyers to enjoy modern townhome living in an unbeatable location. From the floor plans to the community amenities and easy access to downtown Seattle, this neighborhood truly has it all,” said Zachary Penrod, Vice President of Sales. “With Terrata Homes, the focus is on simplifying the homebuying process while delivering lasting value. At Gardens at Skyway, that vision comes to life with curated finishes, transparent pricing, and a streamlined buying experience.”
New homes at Gardens at Skyway are now available from the mid-$700s. For more information, or to schedule a private tour, please call (877) 657-4403 ext 1228, or visit www.TerrataHomes.com/GardensAtSkyway .
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com .
Media Contact:
Rachel Eaton
(844) 885-8940 ext. 2560