KB Home Introduces Palo Alto at Stonegate in Irvine
June 18 2015 - 11:00AM
Business Wire
National builder’s newest Orange County neighborhood features
impressive homes and excellent amenities in a prime
location
KB Home (NYSE: KBH), one of the nation’s largest and most
recognized homebuilders, today announced the grand opening of Palo
Alto at Stonegate Village, an exclusive collection of stylish
single-family residences situated in one of Orange County’s most
desirable master-planned communities. Located in the City of
Irvine, home to some of the largest employers, highest safety-rated
neighborhoods and most respected schools in Southern California, KB
Home’s Palo Alto community offers homebuyers the opportunity to
live in a well-established area consistently recognized as one of
the best places to live in the country.
Homeowners at KB Home’s Palo Alto will have access to an array
of resort-style amenities, including sport courts, a tot lot,
barbecue areas, seven parks and four pools, with lush walking and
biking pathways that wind through the scenic village. Parents at KB
Home’s Palo Alto at Stonegate can be proud to send their students
to highly-rated educational institutions within the award-winning
Irvine Unified School District.
Located close to the 241 and 133 toll roads, and the 5 and 405
freeways, KB Home’s Palo Alto offers convenient travel for quick
commutes to surrounding employment centers or leisurely trips
throughout Southern California and beyond.
The 121 KB homes planned at Palo Alto all include expansive
great rooms, sleek gourmet kitchens, and spacious master bedroom
suites, with the ability to tailor each design to suit the
discerning needs and tastes of a sophisticated clientele. The
community’s three distinct floor plans range in size from 3,002 to
3,380 square feet and can accommodate as many as six bedrooms and
six-and-a-half baths, including an en suite bathroom for each
secondary bedroom. Pricing starts from the low-$1 millions.
KB homes at Palo Alto are also designed to be highly energy- and
water-efficient, equipped with a variety of features that can lower
use and utility bills for KB homeowners compared to typical new or
resale homes. In addition to the array of resource- and
money-saving elements KB Home includes in all of its new homes at
no additional cost to buyers, all KB homes at Palo Alto will
include high-efficiency solar systems as standard to help
homeowners further reduce their energy usage and control their
home’s utility expenses.
KB Home estimates that at current residential electric rates, a
1.4-kilowatt high-efficiency photovoltaic system installed as a
standard part of a 3,380-square-foot, ENERGY STAR® certified home
at Palo Alto would yield average energy savings of $205 per month,
or nearly $25,000 over ten years, compared to a typical resale home
without these features.
KB Home’s Palo Alto at Stonegate Village is now open in Irvine.
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 homebuilding
companies in the United States. Since its founding in 1957, the
company has built more than half a million quality homes. KB Home's
unique homebuilding approach lets each buyer customize their new
home from lot location to floor plan and design features. As a
leader in utilizing state-of-the-art sustainable building
practices, all KB homes are highly energy efficient and meet strict
ENERGY STAR® guidelines. This helps to lower monthly utility costs
for homeowners, which the company demonstrates with its proprietary
KB Home Energy Performance Guide® (EPG®). KB Home has been named an
ENERGY STAR Partner of the Year Sustained Excellence Award winner
for five straight years and a WaterSense® Partner of the Year for
four consecutive years. A FORTUNE 1,000 company, Los Angeles-based
KB Home was the first homebuilder listed on the New York Stock
Exchange, and trades under the ticker symbol "KBH." For more
information about KB Home, call 888-KB-HOMES, visit www.kbhome.com,
or connect with KB Home on Facebook.com/KBHome and
Twitter.com/KBHome.
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KB HomeCarly Kraft, 310-231-4142 or ckraft@kbhome.com
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