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The parcels are zoned residential, which eliminates one of the barriers to development, but it could still take two to three years to build up to 80 townhomes.

If you're a private person and you enjoy Lake Minnetonka, this $7.4 million estate could be perfect.

The property, at 3580 Northome Road in Deephaven, features an 8,100-square-foot main home, said Ellen DeHaven, a real estate agent with Coldwell Banker Burnet. It has five bedrooms, 11 bathrooms and four fireplaces. Inside the home are wood flooring and exposed beam ceilings.

Built in 1925, the home also offers a stone guest house surrounded by gardens, as well as a boat house and a garage.

Property…

On Saturday, the San Antonio Housing Authority opened phase two of a major four phase project on San Antonio's East Side.

SAHA, along with St. Louis-based developer McCormack Baron Salazar and several city officials marked the opening of Wheatley Park Senior Living, a new senior living community on 910 North Mittman St. Wheatley, which broke ground in October 2016, features 80 one- and two-bedroom apartments. SAHA is currently accepting applications for future residents.

The project is just phase…

After a tumultuous 12 months, the Austin Board of Realtors has appointed a full-time CEO to lead the 13,000-member organization.

John W. Copeland, managing partner of Wealth Partners Capital Group, and wife Gianna F. Biondi sold their Palm Beach mansion for $14.05 million.

The 11,225-square-foot home at 254 Tangier Ave. sold to Tangier PB LLC, a Delaware-registered company managed by local attorney Stuart J. Haft. It’s not clear who owns the company.

The home last traded for $12.48 million in 2011. It was built on the 0.67-acre site in 2008.

Designed by architect Thomas Kirchhoff, the home has seven bedrooms, eight bathrooms,…

A condo in the new Four Seasons Residences at the Surf Club in Surfside sold for $14.5 million to an off-shore company.

SC Residences Condominium LLC, an affiliate of developer Fort Partners, sold the 4,668-square-foot unit S-511 in the building at 9001 Collins Ave. to Chateauroux Holdings, a company registered in the Bahamas with a Coral Gables address. The managing member of the company is attorney John P. Zampino, although it’s not clear who owns it.

Chateauroux Holdings also owns a condo…

Two proposed residential developments would bring 33 single-family homes and 23 townhomes to Smyrna.

U.S. mortgage rates fell this week, according to Freddie Mac.

The 30-year fixed mortgage averaged 4.4 percent for the week ending April 5, down from 4.44 percent the previous week. A year ago, mortgage rates stood at 4.1 percent.

Favorable mortgage rates have helped propel U.S. home sales as well as the refinance market.

“After dropping earlier this week on trade-related anxiety in financial markets, the benchmark 10-year Treasury stabilized on Wednesday, but at a level slightly lower than from…

Milwaukee developer Ann Pieper Eisenbrown plans to build apartments in the historic Walker’s Point warehouse that was originally intended to become the second Global Water Center.