KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, today announced the grand opening of Lyons Ridge in Morrison, an idyllic new home community surrounded by sweeping foothills and the picturesque grounds of the Red Rocks Country Club golf course. The luxurious single-family homes available at Lyons Ridge feature elegant exteriors with classic Colorado stone-and-wood facades that complement the area's natural beauty. Combined with the surrounding scenery, KB Home's Lyons Ridge offers the tranquil charm of a mountain retreat with all of the conveniences of being near the major employment and retail centers of the greater Denver area.

Priced from the $500,000s, KB Home is introducing several new one- and two-story floor plans at Lyons Ridge that range between 1,747 and 3,606 square feet, with up to seven bedrooms, three-and-a-half baths, and three-car garages. KB homes at Lyons Ridge feature open floor plans with spacious great rooms, gourmet kitchens, and optional walk-out basements. New homeowners at Lyons Ridge will be able to personalize their home at the KB Home Studio, a retail-like design center where buyers choose from a wide variety of options such as flooring, appliances, countertops, cabinets, lighting, and high-tech enhancements.

"Lyons Ridge is a one-of-a-kind community, where the spectacular local landscape provides a breathtaking backdrop for our innovative KB homes," said Matt Mandino, president of KB Home's Colorado division. "We designed Lyons Ridge to be a sanctuary for our homebuyers; a place where going home would feel like getting away, while still enjoying easy access to the big-city amenities that Denver has to offer."

KB Home's Lyons Ridge is close to major highways, as well as to an array of recreational activities in the area, including the nearby Red Rocks Amphitheater. Designated a "dark sky" neighborhood, residents at Lyons Ridge will be able to enjoy terrific views of star-studded night skies.

All KB homes at Lyons Ridge are ENERGY STAR® certified with energy- and water-saving features that have the potential to translate into significantly lower utility bills for KB homeowners, especially when compared to other new or resale homes.

A leader in new home innovation, KB Home also includes a Wiser TM home management system in all of its new homes to help homeowners track their energy consumption, and built-in USB ports that allow gadgets like tablets and smart phones to plug directly into the wall. It's also possible to include other technologies in a new KB home at Lyons Ridge, like home automation, state-of-the-art security systems and multi-room audio systems.

KB Home's Lyons Ridge is now open for public tours. 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 signature Built to Order TM approach lets each buyer customize their new home from lot location to floor plan and design features. In addition to meeting strict ENERGY STAR® guidelines, all KB homes are highly energy efficient to help lower monthly utility costs for homeowners, which the company demonstrates with its proprietary KB Home Energy Performance Guide® (EPG®). A leader in utilizing state-of-the-art sustainable building practices, KB Home was named the #1 Green Homebuilder in the most recent study by Calvert Investments and the #1 Homebuilder on FORTUNE magazine's 2011 World's Most Admired Companies list. 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's new home communities, call 888-KB-HOMES or visit www.kbhome.com.

KB Home
Craig LeMessurier
925-983-4509
clemessurier@kbhome.com