Mattamy Homes bought 37 acres belonging to the Church of Jesus Christ of Latter-day Saints in the East Valley for $13.64 million.
The land is at Pecos Road and Hartford Street in Chandler.
Land Advisors Organization brokered the deal between Mattamy Arizona LLC and the seller, Property Reserve Inc., a real estate arm of the Church of Jesus Christ of Latter-day Saints.
The land is not developed and is called Haven. It is zoned for 283 single-family homes.
Land Advisors Bret Rinehart, Ben Heglie and Ryan Semro represented Canada-based Mattamy.
Mattamy has a number of other residential developments in the Phoenix market.
The LDS Church is a big real estate and landowner in the Phoenix region with holdings in both the East and West Valley.