KB Home Introduces Highmark at IronRidge in Lake Forest

Investor Relations

KB Home Introduces Highmark at IronRidge in Lake Forest

December 19, 2017 at 8:00 AM EST

Homebuilder's newest Orange County neighborhood features stunning, spacious homes and resort-style amenities in a prime location from the low-$1 millions

LAKE FOREST, Calif.--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced the grand opening of Highmark, an exclusive collection of stylish single-family luxury residences in the gated IronRidge master planned community. Situated in the Portola Hills area of Lake Forest in Orange County, Highmark at IronRidge offers large homesites with sweeping vistas.

Homeowners at KB Home's Highmark at IronRidge will have access to an array of planned resort-style amenities, including a recreation center, community pools, playground and a sports park. Nearby Whiting Ranch Wilderness Park offers 17 miles of hiking, biking and equestrian trails, and the California State University-run Tucker Wildlife Sanctuary features a science center and amphitheater. Parents at KB Home's Highmark at IronRidge will have the opportunity to send their children to schools in the Saddleback Unified School District.

Located near California State Routes 241 and 133 and Interstates 5 and 405, KB Home's Highmark at IronRidge offers easy travel and convenient commutes to surrounding employment centers and points of interest throughout Southern California.

The 83 KB homes planned at Highmark at IronRidge all include expansive great rooms, sleek gourmet kitchens with large island countertops, and spacious master bedroom suites, with the ability to tailor each design to meet the sophisticated tastes of today's discerning homebuyers. The community's three distinct floor plans range in size from 2,814 to 3,324 square feet, and can accommodate as many as six bedrooms and five bathrooms, including an en-suite bathroom for each secondary bedroom. Pricing begins in the low-$1 millions.

Homebuyers who purchase a new KB home at Highmark at IronRidge 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 the California room into a conservatory or adding a terrace off the master suite. 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.

All new KB homes in Orange County, including those at Highmark at IronRidge, will be 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, and can lower utility bills for KB homeowners, compared to most typical new and resale homes available in the area. KB Home estimates that at current residential electric rates, a 3,224-square-foot, ENERGY STAR® certified KB home at Highmark at IronRidge could yield average energy savings of $1,572 per year, or over $47,000 over thirty years.

The sales center and beautifully adorned model homes located at 2041 Aliso Canyon Drive in Lake Forest are open Mondays from 1:00 p.m. to 6:00 p.m., Tuesday-Fridays from 9:00 a.m. to 5:00 p.m., and Saturday and Sundays from 10:00 a.m. to 6:00 p.m. For more information on KB Home communities in Orange County, 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.

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

Source: KB Home

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