John Wayne’s former Arizona land sold to developer for massive community

Article originally posted on Phoenix Business Journal on September 3, 2025

Nearly 1,000 acres of the sprawling Red River Ranch property once owned by Hollywood icon John Wayne have been sold to a developer planning to build a massive master-planned community that could be incorporated into a larger master plan with tens of thousands of homes.

CLB Real Property Holding Co. LLC, an entity tracing to Tempe-based W Holdings, paid $29 million for 925.46 acres to a partnership between Scottsdale-based El Dorado Holdings Inc. and Robson Communities Inc., according to Tempe-based Vizzda LLC.

That leaves El Dorado Holdings with the final remaining 582 acres of Red River Ranch, said Michael Ingram, founder and chairman of El Dorado Holdings.

“They’re interested in buying the remainder,” Ingram told the Business Journal.

As far back as October 2000, the property in Pinal County was approved for 2,120 homes, according to Vizzda.

Find Complete Article Here: https://www.bizjournals.com/phoenix/news/2025/08/30/john-wayne-red-river-ranch-arizona-homes.html?cx_testId=40&cx_testVariant=cx_9&cx_artPos=9