KB Home announced the grand opening of Lakeshore, its latest community of single-family new homes in an established neighborhood in the San Carlos area of San Diego. Lakeshore is convenient to both Interstate 8 and Highway 125, offering easy access to destinations throughout San Diego County. Residents at Lakeshore can enjoy the community’s proximity to several local points of interest in and around San Carlos. La Mesita Park, with its play equipment, grassy areas, tennis courts, and skate park, is within walking distance, and Harry Griffen Park features a dog run and free summer concerts. Mission Trails Regional Park and Lake Murray are excellent locales in which to spend a day boating, fishing, and exploring the large network of walking and biking trails, and Mission Trails Golf Course features 18 scenic holes at the foot of Cowles Mountain. Grossmont Center is a convenient destination for a day of shopping, a celebratory meal, or to catch the latest new releases on the big screen. At Lakeshore, KB Home plans to construct a total of 49 two-story residences, available in two distinct home designs of either 2,522 or 2,678 square feet. Depending on each homebuyer’s choice of floor plan and structural options, the KB homes at Lakeshore can accommodate up to five bedrooms and four baths. Homebuyers may also select a first-floor bedroom suite with a secondary entrance. The homes will be placed on large conventional lots with full driveways. Two-car-garages, open floor plans, expansive backyards, and ample storage are characteristic of all the homes at Lakeshore. Pricing starts from the mid-$700,000s. KB homebuyers at Lakeshore will have the opportunity to personalize many aspects of their new home as part of KB Home’s unique homebuilding experience. In addition to choosing their home’s community location, floor plan, and structural options, buyers may select from a wide range of flooring, cabinets, lighting, and other interior finishes and amenities to fit their taste and budget at the KB Home Design Studio, a retail-like design center. All new KB homes, including those at Lakeshore, are built to ENERGY STAR 3.0® guidelines and include WaterSense® labeled faucets and fixtures, meaning they are designed to be more energy- and water-efficient than most typical new and resale homes available in the area.
KB Home is a homebuilding company. The Company's segments include homebuilding and financial services. The homebuilding segment is engaged in the acquisition and development of land primarily for residential purposes. The Company builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed for first-time and first move-up, as well as second move-up and active adult, homebuyers. It offers homes in development communities, at urban in-fill locations and as part of mixed-use projects. The financial services segment offers various insurance products to its homebuyers in the markets where the Company builds homes and provides title services in certain of those markets. Its financial services also provide mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC, an unconsolidated joint venture between the Company and a third party.
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