Keystone Custom Homes Expands into Virginia

Keystone Custom Homes is pleased to announce its newest strategic partnership with Southern Development Homes, a trusted leader in residential homebuilding in Charlottesville and Central Virginia.

Strength in Partnership

Keystone’s growth into Virginia strengthens our operations as a Top 100 homebuilder, now generating over $430 million in annual revenue. With this expansion, we further unify our footprint along the East Coast, from Pennsylvania and Maryland to North Carolina and now Virginia, allowing us to serve more homebuyers with consistency, care, and integrity. For over two decades, Southern Development Homes has been known throughout Central Virginia as “Charlottesville’s Community Builder.” Their team brings deep local relationships, a legacy of quality craftsmanship, and a sincere connection to the communities they serve. We are honored to join forces with a company whose values so closely align with ours.

Expanding our Impact

Keystone Custom Homes is built on a unique model, 90% of the company is owned by a charitable foundation. That means the majority of our profits go directly to organizations working to fight poverty, support education, and empower families globally. Southern Development brings its own deep commitment to giving, having spent more than two decades investing in the well-being of Charlottesville and Central Virginia through local partnerships, sustainable building practices, and community service.

Together, we’re doubling down on a mission that is part of something bigger. 

“Our shared commitment to ‘profit for purpose’ makes this partnership so meaningful. Together with Southern Development, we will continue delivering exceptional homes while giving back locally and globally", says Keystones founder, Jeff Rutt. 

Looking Ahead

“Our goal has always been to build homes that people are proud of and communities that thrive,” Frank Ballif says. “Partnering with Keystone helps us do that on a larger scale while staying true to our values.” Moving forward, the combined strength of Southern Development Homes and Keystone Custom Homes will operate as one unified team, preserving the values and local relationships that built Southern Development’s strong reputation, while expanding our ability to serve even more families across Virginia with care, innovation, and purpose.