KB Home Announces the Grand Opening of Sanverno at Desert Oasis

Builder’s newest neighborhood in Surprise offers bountiful amenities and new homes close to major transportation corridors and scenic vistas, priced from the low-$200,000s

KB Home (NYSE: KBH), today announced the grand opening of its Sanverno at Desert Oasis community, a new collection of one- and two-story residences located in the picturesque city of Surprise. Sanverno at Desert Oasis puts all of Phoenix at one’s fingertips, with easy access to Highway 60 and Loop 303.

Sanverno at Desert Oasis’ commuter-friendly location is close to several retail, dining, and entertainment centers, including the Westgate Entertainment District. The District’s vibrant outdoor setting delivers a unique shopping experience, as well as fine dining and live music, and is anchored by the Gila River Arena, home of the Arizona Coyotes, and adjacent to the University of Phoenix Stadium, home to the Arizona Cardinals. Sports fans can also catch spring training games at nearby Surprise Stadium or the Peoria Sports Complex.

KB Home’s Sanverno at Desert Oasis offers a special blend of breathtaking views of a spectacular desert landscape with the conveniences of urban living and premium community amenities, including a swimming pool, sport courts, parks, ramadas, and playgrounds. Additionally, golf aficionados can tee off at nearby Hillcrest Golf Club.

With homebuyer interest steadily growing, KB Home has now opened the community’s beautifully adorned model homes to the public. The grand opening celebration will take place this Saturday, April 29th from 10AM to 6PM. The one- and two-story floor plans at Sanverno at Desert Oasis range in size from 1,621 to 2,745 square feet, with up to five bedrooms, two-and-a-half baths and two-car-garages. Pricing starts in the low-$200,000s.

As part of KB Home’s unique home buying experience, homebuyers at Sanverno at Desert Oasis will have the opportunity to personalize many aspects of their new home at the KB Home Design Studio, a retail-like showroom where shoppers, guided by one of KB Home’s design professionals, can create the home of their dreams.

Like all KB homes, those offered at Sanverno at Desert Oasis 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.

KB Home’s Sanverno at Desert Oasis is now open at 17198 W. Fetlock Trail in Surprise. For more information on KB Home’s Phoenix-area communities, 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.

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KB HomeCraig LeMessurier, [e-mail]