KB Home Announces the Grand Opening of Terrain in Castle Rock

Builder debuts single-story paired homes in desirable master-planned
community with ample amenities; priced from the $360,000s

CASTLE ROCK, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24KBH&src=ctag” target=”_blank”gt;$KBHlt;/agt; lt;a href=”https://twitter.com/hashtag/Denver?src=hash” target=”_blank”gt;#Denverlt;/agt;–KB Home (NYSE: KBH) today announced the grand opening of Terrain, its
latest collection of new homes situated in a popular master-planned
community near downtown Castle Rock. The KB homes offered at Terrain
will feature desirable ranch-style paired home designs, further
diversifying KB Home’s product offerings to accommodate home buyers with
a variety of needs.


At Terrain, KB Home will construct 120 new ranch-style paired homes in
six new floor plans. With up to four bedrooms and three-and-a-half
baths, and ranging in size from approximately 1,400 to 1,700 square
feet, the homes at Terrain allow for single-story living and desirable
design characteristics like spacious great rooms, ample storage space,
finished basement options and covered patios. Pricing begins from the
$360,000s.

Residents at Terrain can enjoy resort-style community amenities, which
include a clubhouse, pool, playground, picnic pavilion and tennis
courts. Canine residents can run and play at Dog Bone Park. Nearly half
of the land in the Terrain master plan is reserved for parks, open space
and preservation, and a network of interconnected trails increases
walkability while offering wildlife observation areas. Castlewood Canyon
State Park is also accessible by trail from the community and nearby
Castle Rock offers ample shopping, dining and entertainment. School-age
children may attend Douglas County Schools.

“Terrain offers a compelling mix of natural surroundings and access to
urban conveniences and amenities,” said Randy Carpenter, president of KB
Home’s Colorado division. “Additionally, these ranch-style paired homes
represent an unusual home buying opportunity, appealing to buyers in a
variety of circumstances, from first-time and move-down buyers to buyers
simply seeking a low-maintenance lifestyle.”

KB Home will host a grand opening celebration at Terrain,
Saturday–Sunday, Feb. 23–24, 10 a.m.–6 p.m., during which attendees may
tour the two elegantly appointed model homes. Refreshments will be
provided, 1–4 p.m., both days.

The KB homes at Terrain will be built to current ENERGY STAR®
certification 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. These energy- and water-saving features are estimated to save home
buyers between $624 and $756 a year in utility costs, depending on floor
plan.

KB Home’s distinct home building process allows buyers to personalize
many aspects of their new home to suit their budget and style. After
selecting their lot and floor plan, KB home buyers can work with expert
design consultants who will guide them through every aspect of the
process at the KB Home Design Studio, a retail-like showroom where they
may select from a variety of design choices, including countertops,
cabinets, lighting, appliances and window coverings.

The Terrain sales office is located at 4229 Happy Hollow Dr. in Castle
Rock. From I-25, take Exit 184/Meadows Pkwy./Founders Pkwy. and head
east on Founders Pkwy. Turn left on Hwy. 86 and right on Happy Hollow
Dr. The sales office is on the right. The Terrain sales office is open,
Saturdays through Thursdays, 10 a.m.–6 p.m., and Fridays, 1–6 p.m. For
more information about Terrain or KB Home’s other new-home
neighborhoods, 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 more than 600,000 homes delivered since our founding in
1957. We operate in 38 markets in eight states, primarily serving
first-time and first move-up homebuyers, as well as second move-up and
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, our industry leadership in
sustainability helps to lower the cost of homeownership for our buyers
compared to a typical resale home. We take a broad approach to
sustainability, encompassing energy efficiency, water conservation,
healthier indoor environments, smart home capabilities and waste
reduction. KB Home is the first national builder to have earned awards
under all of the U.S. EPA’s homebuilder programs — ENERGY STAR®,
WaterSense® and Indoor airPLUS®. 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

Craig LeMessurier, KB Home
925-580-1583 or
[email protected]

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