National builder's newest Orange County neighborhood features
impressive homes and excellent amenities in a prime location
IRVINE, Calif.--(BUSINESS WIRE)--
KB Home (NYSE: KBH), one of the nation's largest and most recognized
homebuilders, today announced the grand opening of Palo Alto at
Stonegate Village, an exclusive collection of stylish single-family
residences situated in one of Orange County's most desirable
master-planned communities. Located in the City of Irvine, home to some
of the largest employers, highest safety-rated neighborhoods and most
respected schools in Southern California, KB Home's Palo Alto community
offers homebuyers the opportunity to live in a well-established area
consistently recognized as one of the best places to live in the country.
Homeowners at KB Home's Palo Alto will have access to an array of
resort-style amenities, including sport courts, a tot lot, barbecue
areas, seven parks and four pools, with lush walking and biking pathways
that wind through the scenic village. Parents at KB Home's Palo Alto at
Stonegate can be proud to send their students to highly-rated
educational institutions within the award-winning Irvine Unified School
District.
Located close to the 241 and 133 toll roads, and the 5 and 405 freeways,
KB Home's Palo Alto offers convenient travel for quick commutes to
surrounding employment centers or leisurely trips throughout Southern
California and beyond.
The 121 KB homes planned at Palo Alto all include expansive great rooms,
sleek gourmet kitchens, and spacious master bedroom suites, with the
ability to tailor each design to suit the discerning needs and tastes of
a sophisticated clientele. The community's three distinct floor plans
range in size from 3,002 to 3,380 square feet and can accommodate as
many as six bedrooms and six-and-a-half baths, including an en suite
bathroom for each secondary bedroom. Pricing starts from the low-$1
millions.
KB homes at Palo Alto are also designed to be highly energy- and
water-efficient, equipped with a variety of features that can lower use
and utility bills for KB homeowners compared to typical new or resale
homes. In addition to the array of resource- and money-saving elements
KB Home includes in all of its new homes at no additional cost to
buyers, all KB homes at Palo Alto will include high-efficiency solar
systems as standard to help homeowners further reduce their energy usage
and control their home's utility expenses.
KB Home estimates that at current residential electric rates, a
1.4-kilowatt high-efficiency photovoltaic system installed as a standard
part of a 3,380-square-foot, ENERGY STAR® certified home at Palo Alto
would yield average energy savings of $205 per month, or nearly $25,000
over ten years, compared to a typical resale home without these features.
KB Home's Palo Alto at Stonegate Village is now open in Irvine. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150618005383/en/
KB Home
Carly Kraft, 310-231-4142 or ckraft@kbhome.com
Source: KB Home
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