KB Home Opens Montevello in North Stockton

Continuing its growth in Central California, homebuilder offers
spacious single-story homes in an established neighborhood from the
$380,000s

STOCKTON, Calif.–(BUSINESS WIRE)–$KBH #CentralCalifornia–KB Home (NYSE: KBH) today announced that its newest Central California
community, Montevello, is now open for sale in an established north
Stockton location. Montevello is situated close to Interstate 5 and
Highway 99, providing easy access to downtown Stockton, Sacramento, the
Bay Area, and the Sierra Mountains. Additionally, the neighborhood is
near the Altamont Commuter Express train (ACE), popular shopping and
dining destinations, and local schools.

Convenient to the downtown waterfront, employment centers and other
attractions throughout the Central Valley, the neighborhood represents
another step in KB Home’s ongoing expansion in the region. The
homebuilder plans to open seven additional communities across Sacramento
and San Joaquin counties over the coming months.

“Given the rising consumer demand for new homes in Sacramento and the
Central Valley, we are pleased to be opening a new community in
Stockton,” said Joe Killinger, president of KB Home’s Central California
division. “This new community is a prominent addition to the diverse mix
of locations, home styles, and design choices KB Home offers, and
highlights our growing business in the region.”

KB Home currently has several new home communities open for sale in the
Central Valley, including locations in Galt, Manteca, Rocklin,
Roseville, Sacramento and Stockton. At Montevello, KB Home plans to
construct a total of 122 single-story residences, available in five home
designs that range in size from 1,925 to 3,061 square feet and can
accommodate up to six bedrooms, four baths, and a two-car-garage.
Pricing starts from the $380,000s.

KB homebuyers at Montevello will have the opportunity to personalize
many aspects of their home as part of KB Home’s unique homebuilding
experience. In addition to choosing their home’s community location,
floor plan, and exterior design style, buyers can adjust structural
features to best suit their needs, such as converting multipurpose
spaces to additional bedrooms. At the KB Home Design Studio, a
retail-like design center, homebuyers can then select from a wide range
of flooring, cabinets, lighting, and other interior finishes and
amenities to fit their taste and budget.

All new KB homes in California, including those at Montevello, are built
to ENERGY STAR 3.0® guidelines and include WaterSense® labeled faucets
and fixtures, meaning they are designed to be more energy- and
water-efficient than most typical new and resale homes available in the
area.

KB Home’s Montevello is currently selling from KB Home’s Avalon sales
office located just down the street at 10301 Petty Lane in Stockton. The
sales office is open from 10:00 a.m. to 6:00 p.m. Thursday through
Tuesday and from 2:00 p.m. to 6:00 p.m. on Wednesdays. For more
information about Montevello or KB Home’s other Sacramento or Central
Valley neighborhoods, visit kbhome.com or call 888-KB-HOMES.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United
States, with nearly 600,000 homes delivered since our founding in 1957.
We operate in 36 markets in 7 states, primarily serving first-time and
first move-up homebuyers, as well as active adults. We are
differentiated in offering customers the ability to personalize what
they value most in their home, from choosing their lot, floor plan, and
exterior, to selecting design and décor choices in our KB Home Studios.
In addition, we are an industry leader in sustainability, building
innovative and highly energy- and water-efficient homes. We invite you
to learn more about KB Home by visiting www.kbhome.com,
calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome
or Twitter.com/KBHome.

Contacts

KB Home
Craig LeMessurier
925-983-4509
[email protected]