Landsea Homes

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.

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

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

• Residential homebuilding
• Smart home construction
• Energy-efficient homes
• Master-planned communities
• Suburban housing development

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Home Sales: Revenue generated from the sale of newly constructed residential homes to buyers. Primary revenue stream from direct home sales transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core 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

Named customers1 record

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Richfield HomescoreStrategic or Co-development PartnerLandsea 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 HomescoreStrategic or Co-development PartnerLandsea 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

Direct 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

• Xx.com/LandseaHomes
• Facebookfacebook.com/LandseaHomes
• LinkedInlinkedin.com/company/landsea-holdings-corporation

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Landsea Homes