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Tri Pointe Homes Announces Grand Opening, Sales Underway at The Knolls at Mountain House

1. Tri Pointe Homes opened The Knolls, a new community of 143 homes. 2. Mountain House offers top-rated schools and parks, boosting local appeal. 3. Homes range from 2,400 to 3,003 square feet, starting in the $1 million range. 4. LivingSmart® program promotes energy efficiency and sustainable living. 5. Community events and amenities enhance livability in Mountain House.

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FAQ

Why Bullish?

The successful launch of The Knolls may increase housing demand and stock price, reminiscent of past strong performances following community developments.

How important is it?

The article highlights a new development that is likely to attract buyers, reflecting positively on TPH's growth and sales potential.

Why Short Term?

Immediate interest and potential sales from The Knolls could drive short-term growth, similar to past openings that spurred investor interest.

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MOUNTAIN HOUSE, Calif.--(BUSINESS WIRE)--Tri Pointe Homes, Inc. (NYSE: TPH), one of the nation’s largest and most trusted homebuilders, held a grand opening for The Knolls at Mountain House, a new neighborhood of 143 single-family homes nestled within the scenic hills of Mountain House––a town ranked as one of California’s best places to live. Top-rated schools, abundant parks, and urban accessibility are some of the features that residents at The Knolls at Mountain House will appreciate. “One of the many coveted features of living here in Mountain House is its commutability and location convenience,” said Carrie Newbery, VP Community Experience at Tri Pointe Homes. “Mountain House is centrally located near freeways and is within an hour’s drive to San Francisco, Sacramento, and San Jose. Plus, commuters have the option of accessing the nearby Tracy and Livermore train stations, and the Pleasanton BART station.” The Knolls at Mountain House offers four unique floorplans, with versatile layouts that comfortably accommodate today’s modern lifestyles, range from approximately 2,400 to 3,003 square feet. Designs offer up to five bedrooms, three-and-a-half baths, and two-bay garages. Open-concept plans are made for entertaining, with features like great rooms, lofts, and optional outdoor living areas. The gourmet kitchens include spacious islands, granite countertops and lots of included features; the coveted stainless steel and gas appliances within the homes are sure to create kitchen envy! Private GenSmart suites provide opportunities for multi-generational living, while a main-level bedroom and bath––a hard-to-find amenity in many new homes––serves as a wing for a home office or guest quarters. Standout options include a Spa Shower, a luxurious upgrade that further enhances the beautifully appointed primary bath. Pricing begins in the $1 Millions. At The Knolls, the home are built with Tri Pointe Homes’ LivingSmart® program, which incorporates energy-efficient technology and sustainable design features to enhance comfort, health, and long-term savings. The program focuses on five key areas: HealthSmart®, EnergySmart®, EarthSmart®, WaterSmart®, and HomeSmart®, ensuring that each home offers a greener, more connected living experience. Mountain House residents enjoy a long list of community activities and events for all ages, including Saturday Farmer’s Markets, Music in the Park, the Kite Festival, and the Independence Day Parade. One of the area’s biggest highlights is its parks. Every neighborhood within Mountain House touts a five-acre village park with picnic areas, open fields, and play structures. Many offer hiking trails, ball fields, bocce courts, tennis courts, splash pads, and more. At The Knolls at Mountain House, residents will enjoy a large, eight-acre park with paved trails, volleyball courts, barbecue areas, and playground equipment. For families seeking quality schools, The Knolls at Mountain House is zoned for Lammersville Unified School District, the highest-achieving school district in the San Joaquin Valley. LUSD includes seven elementary schools serving grades TK through 8 and one comprehensive high school. Students at Mountain House High School can also participate in dual enrollment at Delta College, conveniently located right in Mountain House, resulting in an AA degree at their high school graduation. “Living at The Knolls at Mountain House gives you that rare combination of small-town serenity and big-city bustle when you need it,” said Newbery. “Imagine meeting neighbors and making friends in your beautiful neighborhood surrounded by lush parks and peaceful nature. This truly is a special place where you can own a brand-new home with plenty of space to grow, yet still feel connected to the pulse of the city, whether it’s for work or play.” For more information, please call 925.414.0639, or join the interest group at www.tripointehomes.com/the-knolls-at-mountain-house. About Tri Pointe Homes® One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves— some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe has won multiple Builder of the Year awards, was named to the 2024 Fortune World’s Most Admired Companies™ list, is one of the 2023 Fortune 100 Best Companies to Work For® and was designated as one of the 2023 PEOPLE Companies That Care®. The company was also named as a Great Place To Work-Certified™ company for four years in a row (2021 through 2024), and was named on several Great Place To Work® Best Workplaces lists in 2022 and 2023. Building upon the legacy that was established more than 50 years ago under the name Quadrant Homes®, Tri Pointe Homes is an award-winning leader in the Washington real estate sector. For more information, please visit TriPointeHomes.com. More News From Tri Pointe Homes, Inc.

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