Landowners' Stewards Incorporated

What Landowners' Stewards Incorporated does

Steward Land Company is a private Mountain West land development firm that transforms raw land into entitled, builder-ready residential sites. Founded in 2019 (formally incorporated in 2021) by Sky Hazlehurst and Brad Brown and headquartered in Ogden, Utah, the company operates across Utah, Idaho, and Montana, serving three distinct customer segments: landowners seeking to monetize raw property, residential builders and developers requiring entitled construction-ready sites, and accredited investors seeking co-investment opportunities in land development. The core service is land entitlement — navigating zoning, rezoning, annexation, municipal approvals, and infrastructure coordination — delivered through a documented methodology called the Steward Way Entitlement Framework, which the company presents as a repeatable playbook built from 30+ years of combined experience.

The firm has no proprietary technology platforms, APIs, or AI/ML capabilities; its value is derived from operational expertise, civil engineering knowledge, and relationship networks with municipalities, builders, and capital partners. Revenue is generated through two primary streams: (1) project-level promote structures and management fees on land development projects, with co-investment alongside investor partners aligning incentives, and (2) acquisition and development margins earned when the company acquires raw land, navigates entitlement, and sells entitled sites to builders or developers. Investment minimums for accredited investors are $500K+ per deal, with typical 1-3 year capital commitment windows. Distribution is direct and relationship-driven — no marketplace or reseller channels — with channel relationships spanning major national homebuilders (Lennar, DR Horton) and regional builders (Nilson Homes, Mountain States, Wright Development, Kanyon). Cumulative reported scale includes 13,000+ units delivered, 60+ projects active or complete, 1,250+ acres of raw land transformed, $38M+ in total deal value, and a 98% investor retention rate. The team comprises approximately 10 people, including a Controller with Goldman Sachs asset management experience and a COO hired in late 2024 from a former Air Force Captain background managing $300M+ programs.

Name

Landowners' Stewards Incorporated

Legal name

Steward Land Company

Website

https://stewardland.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Steward Land Company is a Mountain West land development firm that transforms raw land into entitled, builder-ready residential sites for landowners, builders/developers (including Lennar and DR Horton), and accredited investors across Utah, Idaho, and Montana.

Ownership category

akta.pro rank

Product category

Residential Land Development & Entitlement Services

NAICS

Land Subdivision (23721), Land Subdivision (237210)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Land & Development Site Brokerage (BPAJABAG)

Keywords

• Land entitlement services
• Residential land development
• Builder-ready land sales
• Land investment partnerships
• Mountain west real estate

Headquarters

HQ city

Fort Ogden

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

1. Project-level Promote and Management Fees: Steward Land Company earns revenue through project-level promote structures (promoted equity interests) and management fees charged on land development projects. The company co-invests alongside investor partners in each deal, aligning incentives.
2. Land Acquisition and Development: The company acquires raw land, navigates the entitlement process to increase its value, and either develops it further or sells entitled 'papered' sites to builders and developers for a profit.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Steward Land Company transforms raw land into builder-ready, entitled sites through a documented entitlement framework covering zoning, rezoning, development agreements, easements, and municipal approvals. It sells or partners on these entitled sites with three audiences: accredited investors who co-invest in off-market development deals via the Steward Land Partner Network (minimum $500K per deal), residential builders and developers who purchase construction-ready lots and master-planned communities, and landowners who use free Land Strategy Calls to explore sale, partnership, or development options.

Product overview

Steward Land Company is a land development firm offering a unified suite of services centered on land entitlement and residential land development. The core offering consists of Land Entitlement Services that transform raw land into build-ready sites, supported by three customer-facing service lines: the Investor Partner Network for accredited investors seeking off-market land opportunities; Builder-Ready Land Sales for developers seeking entitled sites; and Landowner Land Strategy Services for property owners exploring options. Notable project sub-products include the SkyRim Master-Planned Community (a mixed-use development in Hurricane, UT featuring commercial, apartment, townhome, and single-family components), the Grand Central Subdivision (a single-family development in Nampa, ID), SkyRim Apartment Option Pad (a flexible residential superpad), and SkyRim Commercial (a commercial development site). The company operates across Utah, Idaho, and the broader Mountain West region.

Differentiator

Problem solved

Functional benefit

Products and services

• Land Entitlement Services Guides raw land through the entitlement process — zoning, rezoning, development agreements, easements, and municipal approvals — to deliver build-ready, documented sites for residential developers.
• Steward Land Partner Network Private network providing accredited investors with access to off-market land development opportunities in the Intermountain region, paired with co-investment by Steward, management fees, promoted equity, and standardized risk and sensitivity reporting.
• Builder-Ready Land Sales Sale of fully entitled, engineered, and construction-ready land sites to residential builders and developers across the Mountain West for single-family, townhome, multifamily, and mixed-use projects, including full documentation packages (plats, studies, conditions of approval).
• Landowner Land Strategy Services Free 20-minute Land Strategy Calls plus follow-on consulting that outlines paths for landowners to sell, partner, or develop their property — including sale, seller financing, participation agreements, or partnership structures — to maximize value.
• SkyRim Master-Planned Community A mixed-use master-planned community in Hurricane, UT featuring commercial, apartment, townhome, and single-family residential components.
• Grand Central Subdivision A 7-acre, 30-lot single-family subdivision in Nampa, Idaho, in the entitlement process and designed to serve housing demand in the Treasure Valley market.
• SkyRim Apartment Option Pad A 6.5-acre flexible development site within the SkyRim master-planned community, envisioned for up to 144 apartment units and suitable for townhomes or single-family homes, delivered as a fully improved superpad.
• SkyRim Commercial A 7-acre commercial site along SR-9 in Hurricane, UT, with highway frontage and shadow-anchoring from an adjacent Walmart, suitable for retail, services, dining, or mixed-use development.

Quantifiable outcome

• 13,000+ Units Delivered
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• LennarcoreChannel Partner/ Reseller/ DistributorMajor national homebuilder and partner in land acquisition deals. Lennar is one of the largest U.S. homebuilders and represents a significant customer channel for Steward's entitled land sites.
• DR HortoncoreChannel Partner/ Reseller/ DistributorAmerica's largest homebuilder by volume, operating as a key partner/customer for Steward's entitled land parcels in the Mountain West region.
• Nilson HomescoreChannel Partner/ Reseller/ DistributorRegional homebuilder in Utah/Idaho markets, consistent partner on Steward land development projects as a buyer of entitled lots.
• Mountain StatescoreChannel Partner/ Reseller/ DistributorRegional homebuilding company serving the Mountain West, purchasing entitled land parcels from Steward for residential development.
• Wright DevelopmentcoreChannel Partner/ Reseller/ DistributorRegional developer and homebuilder operating in Utah/Idaho markets, partner on land acquisition and development projects.
• KanyonminorChannel Partner/ Reseller/ DistributorRegional homebuilder/developer in the Mountain West market, appearing as a project partner on the Steward Land website.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• PulteGroup: National homebuilder with land development operations across U.S. growth markets. Comparable as a deep-pocketed buyer of entitled lots and a potential competitor in sourcing raw land.
• Lennar: Major national homebuilder and Steward partner. Comparable as a deep-pocketed buyer of entitled Mountain West lots, while also competing via Lennar's own land acquisition infrastructure.
• D.R. Horton: America's largest homebuilder by volume and a Steward channel partner. Comparable as a buyer of entitled lots at scale, but operates broadly across the U.S. with internal land teams that compete with Steward's seller role.
• Taylor Morrison: Top-five U.S. homebuilder with active land entitlement operations in Mountain West states. Comparable as a builder that both produces and competes for entitled residential sites.

Regional players

• Woodside Homes: Mountain West-focused homebuilder active in Utah and Idaho. Comparable because it both develops and acquires land for residential communities, overlapping with Steward's buyer profile and regional focus on the same submarkets.
• Fieldstone Homes: Mountain West homebuilder operating in Utah and Idaho. Comparable as a regional builder purchasing entitled lots and competing for similar landowner relationships in the same growth corridors.
• Ivory Homes: Utah-based homebuilder with in-house land acquisition and development. Comparable as a regional builder-developer competing for the same entitled lots and end markets in the Wasatch Front.

Direct peers

• Land Advisors Organization: National land brokerage and advisory firm that sources, entitles, and transacts residential land for builders and developers. Most directly comparable to Steward's seller-side land entitlement and lot disposition model, differing mainly in geographic breadth.

Others

• Newmark: Commercial real estate services firm with land, capital markets, and investment sales advisory. Comparable as a real estate advisory ecosystem participant relevant to landowner advisory and builder-side transactions.
• Colliers: Global real estate services firm where Steward founder Sky Hazlehurst previously worked as a top producer. Comparable as a commercial real estate services ecosystem participant relevant to land brokerage and investment sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61579502371651
• LinkedInlinkedin.com/company/steward-land-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Landowners' Stewards Incorporated