 In 1925, Harold S. Chase organized a syndicate known as La Cumbre Estates Corporation that purchased the 1,200 acres situated west of Las Palmas and Roble Drives and the agricultural land located south of Hollister Avenue.The La Cumbre Estates Corporation developed the land into the residential area that exists today.The first houses constructed were "Las Terrasas" built in 1925 as the home of Harold S. Chase and "Florestal" built in 1926 for Peter Cooper Bryce.