KB Home Announces the Grand Opening of Lotus in Santa Ana

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Builder’s newest commuter-friendly neighborhood features beautiful
energy-efficient homes priced from the high-$500,000s

SANTA ANA, Calif.–(BUSINESS WIRE)–$KBH #KBHome–KB Home (NYSE: KBH) today announced the grand opening of Lotus, its
newest community in Orange County. Located in Santa Ana, Lotus’ central
location is convenient to Interstate 405 and Highways 22 and 55 for easy
commuting throughout Los Angeles, Orange, and San Diego counties.

Lotus’ proximity to many of Orange County’s premier job centers and
major regional points of interest will appeal to a variety of
homebuyers. Santa Ana College is a mere ten minutes away, while UC
Irvine, Cal State Fullerton and Chapman University are all within a
thirty-minute drive. Neighboring Little Saigon features a variety of
shopping, dining, and entertainment options. Family fun days can be
spent relaxing in “Surf City” at the Huntington Beach pier, chasing
thrills at world renowned theme parks Disneyland® and Knott’s Berry
Farm®, or catching a sporting event at Angels Stadium or the Honda
Center. The 607-acre Mile Square Regional Park in Fountain Valley is
less than two miles away, and school-age children living at Lotus can
enroll in the Garden Grove School District.

Homebuyers at Lotus can choose between two unique three-story floor
plans that feature up to four bedrooms, three-and-a-half baths, and
1,905 total square feet. Featuring spacious great rooms, first floor
bedrooms, a private gated park with a dog run, and BBQ area, homes at
Lotus start in the high-$500,000s.

Like all KB homes, those offered at Lotus 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 other
typical new and resale homes. The water- and energy-saving features
built into every new KB home can help homeowners save on their monthly
utility bills.

As part of KB Home’s unique home buying experience, residents at Lotus
will have the opportunity to work with one of KB Home’s design
professionals at the KB Home Design Studio to personalize many aspects
of their new home by selecting the lot, floor plan, and interior
finishes to best fit their lifestyle and budget.

KB Home’s Lotus is now open at 516 S Harbor Blvd. in Santa Ana. The KB
Home Design Studio is located at 3911 Portola Parkway in Irvine. Visit www.kbhome.com
or call 888-KB-HOMES to learn more.

About KB Home

KB Home (NYSE: KBH) is one of the largest and most recognized
homebuilders in the United States and an industry leader in
sustainability, building innovative and highly energy- and
water-efficient new homes. Founded in 1957 and the first homebuilder
listed on the New York Stock Exchange, the Company has built nearly
600,000 homes for families from coast to coast. Distinguished by its
personalized homebuilding approach, KB Home lets each buyer choose their
lot location, floor plan, décor choices, design features and other
special touches that matter most to them. To learn more about KB Home,
call 888-KB-HOMES, visit www.kbhome.com
or connect on Facebook.com/KBHome
or Twitter.com/KBHome.

Contacts

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