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KB Home Announces the Grand Opening of Sandal Key, Its Newest Master-Planned Community in Weeki Wachee, Florida

1. KB Home opens Sandal Key community with personalized homes priced from mid $200,000s. 2. Sandal Key features resort-style amenities including pools, lagoons, and walking paths. 3. KB Home emphasizes personalization, leading to superior customer satisfaction ratings. 4. Homes are ENERGY STAR® certified, promoting efficiency and lower ownership costs. 5. Sandal Key's location offers easy access to outdoor recreational activities.

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Why Bullish?

The introduction of a new community with desirable amenities can increase demand. Historical performance shows that new developments often lead to stock price upticks.

How important is it?

The launch of the Sandal Key community is significant for KBH's growth strategy and reflects strong market demand.

Why Long Term?

Sandal Key's long-term appeal due to its location and amenities can generate sustained customer interest. Past successful communities have shown lasting positive impacts on KBH's stock.

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DHILENPHM
-Sandal Key offers personalized, new homes with an abundance of community amenities and near popular outdoor recreation, priced from the mid $200,000s. TAMPA, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Sandal Key, a resort-style, master-planned, lagoon community in Weeki Wachee, Florida. These new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. The community’s one- and two-story floor plans feature up to six bedrooms and three-and-a-half baths. Homeowners will enjoy the expansive blue water lagoon, which offers cabanas, kayaks, paddleboards, an obstacle course, volleyball court, swim-up bar and meeting area. Additional proposed amenities include a children’s playground, dog park, natural lake and walking paths. What sets KB Home apart is the company’s focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site. “We are pleased to offer area homebuyers new one- and two-story homes with great community amenities, including multiple pools, a dog park, children’s playground and large lagoon for swimming and various other water activities,” said Douglas Guy, President of KB Home’s Tampa division. “Families will also appreciate Sandal Key’s location near a variety of outdoor recreation at Weeki Wachee Springs State Park, Hernando Beach and Fickett Hammock Preserve. At KB Home, we’re here to help you achieve your dream with a personalized new home built uniquely for you and your life.” Innovative design plays an essential role in every home KB builds. The company’s floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification. Sandal Key is in a convenient location that offers homebuyers an exceptional lifestyle. The new community is situated off Bourassa Boulevard, which provides easy access to US-19 and SR-589. Sandal Key is just minutes from Weeki Wachee Springs State Park, and residents will also enjoy the community’s proximity to hiking and biking at Buford Springs Trailhead and Fickett Hammock Preserve. The Sandal Key sales office and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the mid $200,000s. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com. About KB Home KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com. More News From KB Home

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