The Villas in Ocotillo originally opened in 2006 and within the first year waterfront properties were selling for over $1 million. The builder was Kitchell Custom Homes and the luxury interiors included Cantera fireplaces, Viking appliances, wood beamed ceilings, alder doors and 2×6 construction. Some floor plans even included basements. Of the 49 homesites, the original builder sold 19 before the remaining lots went into bankruptcy. What happened next… read on.