KB Home Announces the Grand Opening of River Village in Santee

Builder offers rare opportunity to own spacious new homes in San
Diego area, priced from the mid-$600,000s

SANTEE, Calif.–(BUSINESS WIRE)–$KBH #KBHome–KB Home (NYSE: KBH) today announced the grand opening of River Village,
the builder’s newest solar community in San Diego County. One of the
only new home opportunities available in the East County city of Santee,
River Village offers an easy commute to area employers and access to all
San Diego has to offer, via Interstate 8 and Highways 52 and 67.

Located just minutes away from San Diego State University and Grossmont
College, River Village is also within walking distance of the
well-regarded K-8 grade Hill Creek School. Homeowners at River Village
can take in the shopping, dining, and entertainment options at nearby
Santee Trolley Square. Bordered by newly-renovated nature trails running
alongside the San Diego River to the south, River Village’s location is
also close to the hiking, biking, boating, and fishing.

KB Home plans to construct 82 one- and two-story homes at River Village,
with three floor plans available, ranging in size from 2,210 to 2,850
square feet and offering up to six bedrooms, three-and-a-half baths, and
two-car garages. Featuring desirable design options such as spacious
great rooms, flex spaces, covered patios, and ample storage, the homes
at River Village start in the mid-$600,000s.

The new homes at River Village feature large yards and will come
equipped with a 2.0 kW solar system as standard. When combined with the
many additional energy- and water-conserving features found in all KB
homes, including WaterSense® labeled faucets and fixtures, the
solar-powered homes at River Village can potentially save buyers
hundreds of dollars on utility bills each year as compared to typical
new or resale homes.

The KB Home Sales Center and model homes for River Village are located
at 10707 Braverman Drive, Santee, California, 92071. To learn more about
River Village and 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 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