KB Home Presents Magnolia at Patterson Ranch in Fremont

Builder unveils charming new community of single-family homes in
historic Fremont location with prime proximity to Silicon Valley and
Greater Bay Area employers

FREMONT, Calif.–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, today announced the grand opening of Magnolia,
the builder’s first village of single-family homes to debut at Patterson
Ranch, a highly-anticipated master-planned community situated in
Fremont’s desirable Ardenwood area. With its superior commuting
location, urban farm-inspired amenities and beautiful homes with
well-appointed finishes, this idyllic neighborhood presents a unique
opportunity for new homeownership in one of the Bay Area’s most
sought-after cities.

Magnolia at Patterson Ranch is surrounded by vibrant employment centers,
and provides excellent access west to the Silicon Valley via the
Dumbarton Bridge, south to San Jose and north to Oakland via Interstate
880. The community is also close to Bay Area Rapid Transit (BART) and
Altamont Commuter Express (ACE) stations for convenient travel
throughout the region. Fremont itself is home to a number of high-tech,
life science and clean technology firms, and manufacturing facilities,
including Tesla Motor®’s primary production plant.

In paying homage to the site’s agrarian heritage, Patterson Ranch is
planned to feature more than 15 acres of parks and open space
highlighted by an urban farm with a community garden and working
orchard. When completed, homeowners with a green thumb will be able to
take advantage of an on-site barn with tools for cultivating vegetables,
herbs and native plants, as well as the orchard’s apple, almond, peach
and fig trees. Additional planned amenities include a farmhouse-style
community center featuring a chef’s kitchen along with private meeting
and gathering areas, basketball and tennis courts, as well as walking
paths. Magnolia at Patterson Ranch is adjacent to the popular Coyote
Hills Regional Park.

The four one- and two-story floor plans available at Magnolia at
Patterson Ranch range in size from 1,973 to 3,105 square feet, and can
include as many as six bedrooms, four-and-a-half baths, and two-car
garages. Priced from the low $1-millions, the KB homes at Magnolia at
Patterson Ranch feature Farmhouse, Victorian and Craftsman exterior
architectural designs, and refined interior finishes.

Each new KB home can be personalized at the KB Home Design Studio, where
buyers are guided by one of KB Home’s design professionals to create the
home of their dreams. At the Design Studio, buyers can select everything
from flooring and cabinetry to flexible room options, home technology
solutions and many décor choices, all based on their lifestyle and
preferences.

All KB homes at Magnolia at Patterson Ranch will be both ENERGY STAR®
qualified and GreenPoint Rated, meaning they have been designed to
operate more efficiently and help save homeowners money on their energy
bills, when compared to a typical new or resale home.

The energy-efficient home designs offered at Magnolia at Patterson Ranch
include a number of energy- and water-saving features such as the
Carrier® Côr™ smart thermostat, ENERGY STAR certified appliances and
WaterSense® labeled fixtures

KB Home’s Magnolia at Patterson Ranch is now open in Fremont. 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 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 NYSE-listed homebuilder (ticker symbol: KBH), 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

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