KB Home Announces the Grand Opening of Haywood at Five Knolls in Santa Clarita

Builder’s newest L.A. County community debuts in beautiful master
plan, with convenience to area employers, major transportation routes,
and recreational attractions

SANTA CLARITA, Calif.–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, today announced the grand opening of Haywood at Five
Knolls, a scenically inspired master-planned community offering
spectacular hillside vistas and impressive on-site amenities in a
sought-after Santa Clarita location. With close proximity to the I-5 and
14 freeways, KB Home’s Haywood at Five Knolls will provide residents
convenient commutes to the area’s major employment centers. A grand
opening celebration is scheduled for Saturday, September 26.

Named for the five signature knolls that characterize the community, the
Five Knolls neighborhood is designed to integrate organically with its
natural surroundings and features an extensive array of walking, hiking
and biking paths that link to more than thirty miles of trails
throughout Santa Clarita. KB homeowners at Haywood will also be able to
enjoy the community’s parks, picnic areas, playgrounds and sport courts,
as well as The Club at Five Knolls—a private recreation center that
includes a clubhouse, swimming pool and spa.

Haywood residents can also take advantage of Santa Clarita’s shopping,
dining and entertainment opportunities, as Five Knolls is just minutes
from Westfield Valencia Town Center, Six Flags Magic Mountain and the
130-acre Central Park and Sports Complex.

KB Home plans to construct 115 homes at Haywood, with floor plans that
range in size from 1,856 to 2,324 square feet and feature up to five
bedrooms and three baths. Each plan is designed with an emphasis on
outdoor living, allowing homeowners to enjoy Southern California’s
pleasant climate from the comfort of home. Pricing begins in the
low-$500,000s.

With KB Home’s unique homebuilding approach, homebuyers at Haywood will
be able to tailor their chosen residence to suit their individual
preferences. From selecting their lot location and floor plan, to
customizing décor elements such as flooring style and paint colors, KB
homeowners are able to choose the right home for them.

KB homes at Haywood will be ENERGY STAR® certified, meaning they will be
some of the most energy-efficient available today, and have the
potential to save homeowners money on their utility costs when compared
to a typical new or resale home.

All KB homes, including those at Five Knolls, also incorporate a number
of water-saving features, such as WaterSense® labeled faucets, toilets,
and showerheads, that can save up to an estimated 30,000 gallons of
water and $300 in utility bills annually when compared to a home without
these features.

KB Home’s Haywood at Five Knolls is now open at Golden Valley and
Newhall Ranch Road in Santa Clarita. From I-5, exit Valencia Boulevard
heading east. Turn left on Bouqet Canyon Road, right on Newhall Ranch
Road, left on Five Knolls Drive and right on Bentwood Lane to the sales
center.

For more information, visit www.kbhome.com
or call 888-KB-HOMES.

About KB Home

KB Home is one of the largest and most recognized homebuilding companies
in the United States. Since its founding in 1957, the company has built
more than half a million quality homes. KB Home’s unique homebuilding
approach lets each buyer customize their new home from lot location to
floor plan and design features. As a leader in utilizing
state-of-the-art sustainable building practices, all KB homes are highly
energy efficient and meet strict ENERGY STAR® guidelines. This helps to
lower monthly utility costs for homeowners, which the company
demonstrates with its proprietary KB Home Energy Performance Guide®
(EPG®). KB Home has been named an ENERGY STAR Partner of the Year
Sustained Excellence Award winner for five straight years and a
WaterSense® Partner of the Year for four consecutive years. A FORTUNE
1,000 company, Los Angeles-based KB Home was the first homebuilder
listed on the New York Stock Exchange, and trades under the ticker
symbol “KBH.” For more information about KB Home, call 888-KB-HOMES,
visit www.kbhome.com,
or connect with KB Home on Facebook.com/KBHome and Twitter.com/KBHome.

Contacts

KB Home
Craig LeMessurier, 925-983-4509
clemessurier@kbhome.com