KB Home Announces the Grand Opening of Daybreak in Moreno Valley

Investor Relations

KB Home Announces the Grand Opening of Daybreak in Moreno Valley

December 15, 2017 at 5:00 PM EST

National builder introduces new homes in a commuter-friendly, established neighborhood from the $420,000s

RIVERSIDE, Calif.--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced the grand opening of Daybreak, the builder's latest Riverside-area new home community situated in a tranquil Moreno Valley neighborhood. Daybreak's convenient location allows for easy commuting throughout Riverside, Los Angeles, and Orange Counties via Interstates 10, 15, 215 and Highway 60.

Nestled in the Riverside foothills, Daybreak features magnificent views of the San Gorgonio Mountains and is close to major employment and education centers, including UC Riverside, Riverside Community College, Kaiser Permanente®, and Loma Linda University Medical Center. Shopping, dining, and entertainment options are available at Stoneridge Towne Centre, Moreno Valley Mall, Towngate Shopping Center, and downtown Riverside. Residents at Daybreak can golf at the nearby Moreno Valley Golf Course, plan an excursion to the Lake Perris State Recreation Area for swimming, boating, hiking, horseback riding, climbing, or camping, and explore the 1,100 sloping acres of hiking, mountain biking, and equestrian trails at Box Springs Mountain Reserve Park.

"Homebuyers looking for significant square footage in a new single-story home will find it at Daybreak," said John Fenn, president, KB Home Inland Empire division. "Many homesites feature terrific views of Moreno Valley, and Daybreak's proximity to downtown Riverside will appeal to buyers who want to experience all it has to offer."

KB Home plans on constructing 114 new homes at Daybreak, where homebuyers can choose from six one- and two-story floor plans. Ranging in size from 2,159 to 2,854 square feet, the new homes offer up to six bedrooms and three baths with two-car-garages. Large great rooms, ample storage, and flex spaces are characteristic of all the homes at Daybreak. Pricing begins in the $420,000s.

Homebuyers who purchase a new KB home at Daybreak will have the opportunity to personalize many aspects of their home as part of the builder's unique homebuilding experience. In addition to choosing their home's community location, floor plan, and exterior design style, homebuyers can adjust structural features to best suit their needs, such as converting a den or loft into an additional bedroom or opting for an enlarged garage. Homebuyers can then select from a wide range of flooring, cabinets, lighting, and other interior finishes and amenities with the help of a design professional at the KB Home Studio, a retail-like center, to fit their taste and budget.

As with all KB homes, those offered at Daybreak will be built to ENERGY STAR® 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.

The grand opening of Daybreak will take place Saturday, December 16th at 10:00 a.m. to 6:00 p.m. Be one of the first to tour the community's beautifully-adorned model homes located at 10429 Cloud Haven Drive in Moreno Valley. From Highway 60, exit Perris Boulevard heading north. Turn right on Covey Road and follow signs to the sales center. For more information about Daybreak or any other new KB Home neighborhoods in the Inland Empire, visit www.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.

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

Source: KB Home

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