Landsea Homes
Landsea Homes Corporation was a publicly traded U.S. homebuilder (NASDAQ: LSEA) that built high-performance, smart-home-enabled residential properties across California, Arizona, Texas, and Colorado, serving individual homebuyers through direct sales offices. The company was taken private by New Home Company in 2025 for approximately $1.2 billion.
- Company typePublic
- Founded2013
- HeadquartersNewport Beach, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Landsea Homes does
Landsea Homes Corporation was a publicly traded U.S. homebuilder (NASDAQ: LSEA, founded 2013, headquartered in Newport Beach, California) that designed and constructed residential homes, mid- and high-rise properties, and master-planned communities across California, Arizona, Texas, and Colorado. Its core offering centered on high-performance homes featuring integrated smart home automation and energy-saving construction, targeting individual and family homebuyers in growing suburban markets. The company was originally backed by China's Landsea Group and grew primarily through acquisitions rather than organic expansion, completing asset purchases of Richfield Homes (Colorado, October 2023) and Antares Homes (Dallas-Fort Worth, April 2024, approximately $242.5 million) to broaden its geographic footprint to 13 Texas cities and three Colorado communities.
The company monetized through direct one-time sales of newly constructed homes via company-operated sales offices at model home communities, with quote-based, market-driven pricing. Capital structure was funded significantly through senior unsecured notes, including $250 million raised in July 2023 (with BlackRock and Angelo Gordon) and $300 million in March 2024. In 2025, the company underwent a dual ownership change: New Home Company (Apollo-backed) acquired Landsea Homes for approximately $1.2 billion in an all-cash transaction and took it private via Nasdaq delisting, while Risewell Homes separately acquired Landsea's U.S. operations from its China-based parent for approximately $430 million following Texas SB 17 restrictions on foreign capital linked to China, Russia, Iran, and North Korea. The combined New Home Company entity became a top-25 national homebuilder at closing.
Landsea Homes firmographics
Firmographics- Name
- Landsea Homes
- Legal name
- Landsea Homes Corporation
- Website
- https://landseahomes.com
- Company type
- Public
- Founded year
- 2013
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Landsea Homes Corporation was a publicly traded U.S. homebuilder (NASDAQ: LSEA) that built high-performance, smart-home-enabled residential properties across California, Arizona, Texas, and Colorado, serving individual homebuyers through direct sales offices. The company was taken private by New Home Company in 2025 for approximately $1.2 billion.
- Ownership category
- akta.pro rank
Landsea Homes industry classification
Industry- Product category
- Residential Homebuilding
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (2372), New Single-Family Housing Construction (except For-Sale Builders) (236115)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)
- akta.pro secondary industries
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)
Keywords
Where Landsea Homes is headquartered
LocationHeadquarters
- HQ city
- Newport Beach
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Landsea Homes business model
Business model- GTM type
- B2C
- Offering type
- Services
Revenue model
- Home Sales: Revenue generated from the sale of newly constructed residential homes to buyers. Primary revenue stream from direct home sales transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard new home offerings |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Landsea Homes product offering
Product offeringCore offering
Landsea Homes designs, builds, and sells newly constructed single-family homes, mid- and high-rise properties, and master-planned residential communities across select U.S. markets. Its homes feature integrated smart home automation and energy-saving construction as standard offerings. The company distributes homes through company-operated sales offices at model home communities, supplemented by real estate broker partnerships.
Product overview
Landsea Homes is a residential homebuilder operating across multiple U.S. markets. The company builds high-performance homes featuring smart home automation and energy-saving features. Following its acquisitions of Antares Homes (Dallas-Fort Worth, Texas) and Richfield Homes (Colorado), the company expanded its portfolio to include operations across 13 Texas cities and Colorado. In 2025, Landsea Homes was acquired by New Home Company for approximately $1.2 billion and subsequently sold its U.S. operations to Risewell Homes for $430 million.
Differentiator
Problem solved
Functional benefit
Products and services
- High-Performance Homes with Smart Home Automation
Quantifiable outcome
- Expanded to 13 cities in Texas through single acquisition
Companies that use Landsea Homes
Customer profileNamed customers1 record
Segments1 record
Landsea Homes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Landsea Homes partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Richfield HomescoreLandsea Homes acquired Richfield Homes' assets and lot inventory through an asset purchase, establishing a new Colorado division and gaining three new communities and approximately 30 employees.
- Antares HomescoreLandsea Homes completed acquisition of Antares Homes for approximately $242.5 million, expanding into Dallas-Fort Worth market with 2,254 lots across 13 cities.
Scale indicators7 records
Recent moves7 records
Expansion highlights4 records
Landsea Homes competitors and assessment
Company assessmentDirect peers
- Taylor Morrison Home Corporation: Taylor Morrison is a top-10 U.S. homebuilder with direct overlap in Texas, Arizona, Colorado, and California, including master-planned communities. Closely comparable in size and acquisition-led growth strategy (e.g., William Lyon, Darling Homes).
- Toll Brothers: Toll Brothers is a national luxury homebuilder with operations across Texas, Arizona, Colorado, and California. Comparable as a move-up/luxury for-sale builder with high-end design and amenity differentiation targeting similar buyer profiles as Landsea's high-performance homes.
- KB Home: KB Home is a West Coast-focused homebuilder with operations in California, Arizona, Nevada, and Texas. Comparable as a build-to-order for-sale homebuilder targeting first-time and move-up buyers in markets overlapping with Landsea's historical California and Arizona base.
- Tri Pointe Homes: Tri Pointe Homes is a top-15 U.S. homebuilder with comparable presence in California, Arizona, Texas, and Colorado. Similar brand-based operating model (Pardee, Maracay, Winchester) and high concentration in Sun Belt markets, making it one of the closest size-and-geography peers.
- M/I Homes: M/I Homes is a Midwest- and Sun Belt-focused homebuilder with operations in Texas, Florida, the Carolinas, and Colorado. Comparable as a privately-leveraged, semi-acquisitive for-sale homebuilder operating in many of the same growth markets as Landsea's expanded footprint.
- Meritage Homes Corporation: Meritage Homes is a national homebuilder with significant overlap in Texas, Arizona, Colorado, and California, and is recognized for energy-efficient home construction. Directly comparable to Landsea's high-performance/energy-saving product positioning and similar geographic footprint.
- Century Communities: Century Communities is a top-10 U.S. homebuilder with significant operations in Texas, Colorado, Arizona, and California. Closely comparable in size, Sun Belt geographic focus, and entry-level/move-up product positioning, particularly in the Texas and Colorado markets Landsea entered via acquisition.
Broad incumbents
- PulteGroup: PulteGroup is a national homebuilder (Centex, Pulte, Del Webb, John Wieland) with overlapping presence in Arizona, Texas, and California. Comparable as a multi-brand for-sale residential builder operating across price points and geographies.
- D.R. Horton: D.R. Horton is the largest U.S. homebuilder by volume, with national scale across entry-level and move-up segments. It competes with Landsea in Texas, Arizona, and Colorado, and serves as the benchmark for volume-driven cost advantages in spec homebuilding.
- Lennar Corporation: Lennar is a top-three U.S. homebuilder with a national footprint including Texas, Florida, and California. Comparable to Landsea in master-planned community development and integrated land strategy, with greater scale and millwork/mortgage vertical integration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Landsea Homes social profiles
Digital presenceLandsea Homes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Landsea Homes leadership team
Management profileNumber of profiles
Landsea Homes subsidiaries and ownership
Company hierarchySubsidiaries2 records
Landsea Homes funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Landsea Homes M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Landsea Homes
What does Landsea Homes do?
Landsea Homes designs, builds, and sells newly constructed single-family homes, mid- and high-rise properties, and master-planned residential communities across select U.S. markets. Its homes feature integrated smart home automation and energy-saving construction as standard offerings. The company distributes homes through company-operated sales offices at model home communities, supplemented by real estate broker partnerships.
Is Landsea Homes a public or private company?
Landsea Homes is a public company. It is classified as private equity controlled and is currently acquired.
When was Landsea Homes founded?
Landsea Homes was founded in 2013. It employs 251 to 500 people.
Where is Landsea Homes based?
Landsea Homes is headquartered in Newport Beach, United States, in the North America region.
How does Landsea Homes make money?
One revenue line is on record: home Sales.
Who are Landsea Homes's main competitors?
Direct peers on record are Taylor Morrison Home Corporation, Toll Brothers, KB Home, Tri Pointe Homes, M/I Homes, Meritage Homes Corporation and Century Communities. Broad incumbents are PulteGroup, D.R. Horton and Lennar Corporation.
Does Landsea Homes have an API?
No public API is recorded for Landsea Homes.
What industry is Landsea Homes in?
Landsea Homes's product category is Residential Homebuilding. Its primary akta.pro industry code is IMAFABAD, Spec Home / Production Homebuilding (Tract & Volume Builders), with a secondary code of IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 6552.