Builder opens luxurious new community with attractively priced homes in the popular West Lake Houston corridor

KB Home (NYSE: KBH), one of the nation’s largest and most recognized homebuilders, is celebrating the grand opening of its Lakewood Pines Preserve community, an ideally-located new neighborhood offering homes priced from the low-$200,000s and exclusive access to a host of excellent planned amenities. Nestled within the desirable West Lake Houston corridor, Lakewood Pines Preserve is close to the area’s major employers, as well as premier shopping and entertainment.

Lakewood Pines Preserve is conveniently located close to great shopping at the Atascocita Town Center and the local H-E-B® Summerwood Market, as well as to major employment centers, including the Houston Ship Channel and upcoming Generation Park.

KB Home will host a grand opening event on Saturday, October 17, where guests can enjoy complimentary barbecue fare and live entertainment.

The extensive community amenities planned for Lakewood Pines Preserve include a pool, air-conditioned clubhouse, a park with pavilion, trails, a pond, and recreation center for residents’ exclusive use. In addition, with its prime location along the western shore of Lake Houston, homeowners can easily enjoy a variety of outdoor recreational activities, including boating and fishing. Families with school-age children will be served by the highly-rated Humble School District.

The eight one- and two-story floor plans available at Lakewood Pines Preserve range in size from 2,130 to 3,353 square feet, with up to five bedrooms and three-and-a-half baths. The KB homes at Lakewood Pines Preserve include desirable design features, and can be personalized to suit each homebuyer’s individual preferences.

All KB homes, including those at the Lakewood Pines Preserve, are ENERGY STAR® certified, meaning they are designed to be more energy-efficient than most typical new and resale homes available in the area.

KB Home’s Lakewood Pines Preserve community is located at 13015 Ivory Field Lane in Houston. Visit www.kbhome.com or call 888-KB-HOMES to learn more.

About KB HomeKB 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 earned the WaterSense® Sustained Excellence designation in 2015. 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.

KB HomeCara Kane, 321-299-6844ckane@kbhome.com

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