KB Home Announces the Grand Opening of Villas at Sycamore Farms in Surprise

Commuter-friendly location near Loop 303 and Cactus Road blends
modern comforts with natural scenery

SURPRISE, Ariz.–(BUSINESS WIRE)–$KBH #ArizonaHomes–KB Home (NYSE: KBH) today announced the grand opening of Villas
at Sycamore Farms
in the South Surprise area outside of Phoenix.
Featuring stunning mountain and desert views, ample recreational
amenities, and easy access to major thoroughfares, Villas at Sycamore
Farms offers both the convenience of master-planned living and the
serenity of idyllic natural vistas.

Villas at Sycamore Farms’ proximity to the new Loop 303 offers quick
commutes to large employment centers. Luke Air Force Base is just 10
minutes away and downtown Phoenix is approximately 45 minutes away.

Planned community amenities for Villas at Sycamore Farms include a pool,
ramada, rock climbing, and open green space. Villas at Sycamore Farms is
also close to several off-site recreational facilities, including
Surprise Stadium, Surprise Tennis and Racquet Complex, DreamCatcher
Park, Surprise Aquatic Center, and several golf courses.

Active-minded and nature-loving residents at Villas at Sycamore Farms
can enjoy hiking, mountain biking, and horseback riding at nearby White
Tank Mountain Regional Park on its 30 miles of shared-use trails, while
the Wildlife World Zoo and Aquarium is located a few minutes away.

The seven one- and two-story floor plans available at Villas at Sycamore
Farms range in size from 1,483 to 2,537 square feet, and can be built
with up to five bedrooms and three baths. The KB homes at Villas at
Sycamore Farms also include a number of desirable design features and
can be tailored to suit each homebuyer’s individual preferences. Home
prices start in the $180,000s.

All KB homes, including those at Villas at Sycamore Farms, are ENERGY
STAR® 3.0 certified and equipped with advanced energy- and water-saving
features. Included features, such as dual pane, low-E windows, increased
insulation and WaterSense® labeled faucets and fixtures, can help
increase homeowners’ comfort while saving on monthly energy expenses
compared to typical new or resale homes.

KB Home’s Villas at Sycamore Farms is now open at 16576 W Jenan Drive.
From Loop 303 Exit Cactus, right on Sarival, right on 165th drive, right
on Jenan and Villas at Sycamore Farms is on right. For more information
about KB Home in Phoenix, 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