Home Industries Real Estate Maplecrest Country Club in Somers sold for residential development

Maplecrest Country Club in Somers sold for residential development

A map of Home Path Financial's proposal.
A map of Home Path Financial's proposal.

A redevelopment of the Maplecrest Country Club in Somers with more than 300 housing units is moving forward with the purchase of the 162-acre project site. Butler-based Home Path Financial is proposing a development with 302 housing units split between single family homes and duplexes at the property, located at 9401 18th St., according to village

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
A redevelopment of the Maplecrest Country Club in Somers with more than 300 housing units is moving forward with the purchase of the 162-acre project site. Butler-based Home Path Financial is proposing a development with 302 housing units split between single family homes and duplexes at the property, located at 9401 18th St., according to village documents. Not included in that unit count is a multifamily component of the project that would be developed in a future phase. A Home Path Financial affiliate purchased the property for $3.25 million, according to state property records posted Monday. The seller was Maplecrest Country Club. Home Path Financial, which has six divisions including a single-family home development division, received approvals from the village's Plan Commission in May. In late 2023, Milwaukee-based Three Leaf Partners and Kenosha-based Land Quest proposed a 798-unit redevelopment, a mixture of single family and multifamily, for-sale and rentals: 502 apartments in two different styles, 244 single‐family homes and 52 for-sale duplex units. In 2024, Three Leaf Partners stopped pursuing the project “given other development opportunities taking priority,” the company’s chief development officer John Ford told BizTimes in December. Land Quest did not respond to requests for comment. While the previous proposal planned to develop its multifamily components first, the new proposal from Home Path Financial plans to begin with the single family portion of the project, which will include: [caption id="attachment_607660" align="aligncenter" width="885"] A map of Home Path Financial's proposal.[/caption]

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