KB HOME OPENS CANOE CREEK RESERVE: NEW HOMES FROM THE LOW $300Ks IN ST. CLOUD, FLORIDA

KB Home (NYSE:KBH) opened Canoe Creek Reserve, a new community in St.

Rhea-AI Summary

KB Home (NYSE:KBH) opened Canoe Creek Reserve, a new community in St. Cloud, Florida, featuring one- and two-story single-family homes priced from the low $300,000s.

The community offers up to 6 bedrooms and 3.5 baths, a pool with cabana, playground, ENERGY STAR®-designed homes and multiple touring options.

Argus Jun 5 session

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Details

News Market Reaction – KBH

In the Jun 5 session, KBH declined 0.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights KB Home’s continued geographic expansion with Canoe Creek Reserve, offe...

Analysis

This announcement highlights KB Home’s continued geographic expansion with Canoe Creek Reserve, offering homes from the low $300,000s and up to 6 bedrooms in a commuter-friendly St. Cloud location. It reinforces themes seen in recent news: ENERGY STAR®-designed efficiency, personalization via the Design Studio, and amenity-rich communities. Investors may watch how ongoing community launches interact with prior regulatory developments and the stock’s position below its 200-day MA $58.64.

Key Figures

Starting price: low $300,000s Max bedrooms: 6 bedrooms Max bathrooms: 3.5 baths +2 more

Starting price

low $300,000s

Canoe Creek Reserve homes starting price guidance

Max bedrooms

6 bedrooms

Maximum bedroom count in Canoe Creek Reserve floor plans

Max bathrooms

3.5 baths

Maximum bathroom count in Canoe Creek Reserve floor plans

ENERGY STAR share

fewer than 12%

Share of new homes nationwide meeting ENERGY STAR certification standard

Sales contact

888-KB-HOMES

Dedicated phone number for KB Home inquiries

Historical Context

5 past events · Latest: Jun 03

5 events

1. Jun 03

   Community opening

   24h Move

   -0.6%

   Opening of Elevon master-planned community near Dallas with resort-style amenities.

2. May 29

   Community opening

   24h Move

   +4.6%

   Launch of Ashford at Placer One in Roseville with homes from the $490,000s.

3. May 22

   Community opening

   24h Move

   +1.3%

   Opening of gated Cloudbreak Ridge communities in Summerlin, Las Vegas.

4. May 22

   Community opening

   24h Move

   +1.2%

   Launch of Sunset Ridge in Spanaway with up to 6-bedroom homes.

5. May 22

   Community opening

   24h Move

   +1.2%

   Opening of Jade townhomes in El Monte, California, from the low $700,000s.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

energy star

1 terms

energy star technical

"They are designed to be ENERGY STAR® certified, a standard that fewer than 12%..."

A government-backed label that indicates a product, appliance or building meets set energy-efficiency standards. For investors, an ENERGY STAR rating signals lower ongoing utility and maintenance costs, stronger appeal to cost- and eco-conscious buyers or tenants, and possible access to incentives or reduced regulatory risk—think of it like a fuel-efficiency sticker that helps compare long-term operating costs and market desirability.

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New community with a variety of planned amenities near outdoor recreation is now open for tours.

ORLANDO, Fla., June 5, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Canoe Creek Reserve, a new-home community in St. Cloud, Florida.  

Canoe Creek Reserve at a Glance:

• Price: From the low $300,000s
• Location: St. Cloud, Florida, at the intersection of Canoe Creek Road and Mildred Bass Road
• Home type: One- and two-story single-family floor plans
• Bedrooms/baths: Up to 6 bedrooms and 3.5 baths
• Community amenities: Pool with cabana and children's playground
• School district: The School District of Osceola County

Canoe Creek Reserve is located at the corner of Canoe Creek Road and Mildred Bass Road, providing easy access to US-192, Florida's Turnpike and Narcoossee Road for a quick commute to downtown St. Cloud and the Lake Nona area. Residents will also enjoy the proximity to a variety of outdoor recreation, including Royal St. Cloud Golf Links, St. Cloud Lakefront Park, which features a beach and splash pad, and St. Cloud Civic Center Complex, which offers ball fields, basketball courts, pavilions, playgrounds and a pool. 

The homes at Canoe Creek Reserve are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.

"We are excited to introduce Central Florida homebuyers to beautiful one- and two-story homes in a highly desirable location convenient to a variety of shopping and dining in downtown St. Cloud," said Fred Wyborski, President of KB Home's Orlando division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put the customer in control, so they're not paying for features they don't value or compromising on ones they do."

KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are 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 compared to new homes without certification.

The Canoe Creek Reserve sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. 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 U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders 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.

For Further Information:
Cara Kane, KB Home
321-299-6844
ckane@kbhome.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kb-home-opens-canoe-creek-reserve-new-homes-from-the-low-300ks-in-st-cloud-florida-302792147.html

SOURCE KB Home

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is KB Home's Canoe Creek Reserve community in St. Cloud, FL (KBH)?

Canoe Creek Reserve is a new KB Home single-family community in St. Cloud, Florida. According to KB Home, it offers one- and two-story homes, modern layouts, community amenities, and access to nearby recreation, shopping, and dining options in downtown St. Cloud.

What are the starting home prices at KB Home's Canoe Creek Reserve (NYSE:KBH)?

Homes at Canoe Creek Reserve start from the low $300,000s. According to KB Home, these prices apply to one- and two-story single-family homes designed for contemporary living, with options to personalize floor plans, exteriors, and interior finishes at the KB Home Design Studio.

Where is Canoe Creek Reserve by KB Home located in St. Cloud, Florida?

Canoe Creek Reserve is located at Canoe Creek Road and Mildred Bass Road in St. Cloud. According to KB Home, the community provides convenient access to US-192, Florida's Turnpike and Narcoossee Road for commutes to downtown St. Cloud and the Lake Nona area.

What amenities does KB Home's Canoe Creek Reserve community offer buyers?

Canoe Creek Reserve offers a community pool with cabana and a children's playground. According to KB Home, residents also benefit from nearby outdoor recreation, including Royal St. Cloud Golf Links, St. Cloud Lakefront Park, and the St. Cloud Civic Center Complex with multiple sports facilities.

How energy efficient are the homes at Canoe Creek Reserve by KB Home?

Homes at Canoe Creek Reserve are engineered for high energy and water efficiency. According to KB Home, they are designed to be ENERGY STAR® certified, a standard met by fewer than 12% of new homes nationwide, supporting comfort, healthier indoor environments and potential utility cost savings.

How can buyers tour KB Home's Canoe Creek Reserve community in St. Cloud (KBH)?

The Canoe Creek Reserve sales office and model homes are open for walk-in and private tours. According to KB Home, buyers can also schedule private in-person appointments or live video tours, and get more information by calling 888-KB-HOMES or visiting the company's website.