KB Home Announces the Grand Opening of Coves of Estero Bay in Fort Myers

Gated neighborhood debuts in a prime location just west of Highway 41 near beautiful Sanibel and Estero Islands

KB Home (NYSE: KBH), one of the nation’s largest and most recognized homebuilders, today announced the grand opening of Coves of Estero Bay in Fort Myers, a private community ideally located just minutes from US-41, I-75 and Southwest Florida International Airport, affording residents easy commutes to the area’s major job centers, renowned beaches and air travel.

For those looking for outdoor recreation, Sanibel Island, Estero Island, Fort Myers Beach, Lakes Regional Park, Estero Bay Preserve State Park and a variety of golf and country clubs are nearby. Planned community amenities for Coves of Estero include a gated entrance, pool and clubhouse.

Homeowners at Coves of Estero Bay can also enjoy great local shopping, dining and entertainment at Coconut Point® Mall, Gulf Coast Town Center, Miromar Outlets®, Fort Myers River District and Tanger® Outlets.

Homebuyers at Coves of Estero Bay have their choice of five attractive floor plans that range in size from 1,863 to 2,620 square feet, and can accommodate up to four bedrooms and two-and-a-half bathrooms. Pricing begins in the high-$200,000s, with no CDD fees.

All KB homes, including those at Coves of Estero Bay, are ENERGY STAR® certified, meaning they are designed to be more energy-efficient than most typical new and resale homes available in the area. The water- and energy-saving features built into every new KB home can also help homeowners save money on their monthly utility bills.

KB Home’s Coves of Estero Bay community is located at 6417 Estero Bay Drive in Fort Myers. Visit www.kbhome.com or call 888-KB-HOMES to learn more.

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.

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KB HomeCara Kane, [e-mail]