KB HOME OPENS ELOWEN: NEW TOWNHOMES FROM THE $390Ks IN LAS VEGAS

KB Home (NYSE: KBH) has opened Elowen, a new gated townhome community in Las Vegas’ Centennial Hills area, offering two-story townhomes priced from the $390,000s with up to four bedrooms and 2.5 baths in the Clark County School District.

Rhea-AI Summary

KB Home (NYSE: KBH) has opened Elowen, a new gated townhome community in Las Vegas’ Centennial Hills area, offering two-story townhomes priced from the $390,000s with up to four bedrooms and 2.5 baths in the Clark County School District.

The community provides convenient access to Interstate 11 and the 215 Beltway, nearby parks and outdoor recreation, and features ENERGY STAR® designed homes with personalization options through the KB Home Design Studio. Sales office and model homes are open for walk-in, appointment, and live video tours.

Argus Jul 31 session

-2.45% close to close Open Argus

Details

News Market Reaction – KBH

In the Jul 31 session, KBH declined 2.45%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

KBH's recent community-opening reactions included 2.05% for Townsend and -2.68% for Meadowbrook, fra...

Analysis

KBH's recent community-opening reactions included 2.05% for Townsend and -2.68% for Meadowbrook, framing Elowen as a comparable launch. The active S-3ASR shelf and recent net selling remain relevant risks to watch.

Key Figures

Starting home price: From the $390,000s Bedrooms: Up to 4 bedrooms Bathrooms: 2.5 baths +4 more

Starting home price

From the $390,000s

Elowen townhomes

Bedrooms

Up to 4 bedrooms

Elowen townhomes

Bathrooms

2.5 baths

Elowen townhomes

ENERGY STAR share

Fewer than 12%

New homes nationwide meet the certification standard

Operating markets

50 markets

KB Home company description

Homes built

Over 700,000 homes

KB Home company history

Home type

Two-story townhomes

Elowen community

Historical Context

5 past events · Latest: Jul 24

5 events

1. Jul 24

   Community opening

   24h Move

   +2.0%

   Townsend paired-home community opened in Santee with prices from the mid $700,000s.

2. Jul 10

   Community opening

   24h Move

   -2.7%

   Meadowbrook townhome community opened in Campbell with prices starting at $1.2 million.

3. Jul 10

   Community opening

   24h Move

   -0.7%

   Enclaves at Tumamoc opened in Tucson with homes priced from the low $300,000s.

4. Jul 10

   Company recognition

   24h Move

   -0.7%

   KB Home was named among America's Best Companies by TIME for 2026.

5. Jul 10

   Community opening

   24h Move

   -0.7%

   Greyhawk and Sparrow communities opened in Santa Rosa with homes from the mid $600,000s.

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

Key Terms

energy star certified

1 terms

energy star certified technical

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

A government-backed label indicating a product, building, or appliance meets specific energy-efficiency standards set by a recognized program. For investors, the label signals lower operating costs, potential consumer preference, and regulatory alignment—similar to a fuel-efficiency sticker on a car that helps compare long-term expenses and market appeal without predicting performance or returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New gated community close to local schools and parks is now open for tours.

LAS VEGAS, July 31, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Elowen, a new gated community offering personalized townhomes in Las Vegas.  

Elowen at a Glance:

• Price: From the $390,000s
• Location: Las Vegas, Nevada, at the corner of North Durango Drive and Grand Montecito Parkway near Interstate 11 and Las Vegas Beltway (CC-215)
• Home type: Two-story townhomes
• Bedrooms/baths: Up to 4 bedrooms and 2.5 baths
• School district: Clark County School District

Elowen provides convenient access to Interstate 11 and 215 Beltway, which connect residents to the area's major employers, including Centennial Hills Hospital Medical Center^®. The community is situated in the Centennial Hills area, which offers shopping, dining and entertainment, and is a short drive to the world-famous Las Vegas Strip. Elowen is also walking distance to Raptor Play Park and Viper Park, which features a children's playground and sports fields. Outdoor enthusiasts will appreciate the community's proximity to Mount Charleston and Lee Canyon.

The homes at Elowen are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, ample storage space and private, gated front courtyards.  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.

"With Elowen, we're bringing a new gated community to a prime Centennial Hills location. The new community is close to local schools, parks and outdoor recreation," said Jim McDade, President of KB Home's Las Vegas 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 them 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 Elowen 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:

Craig LeMessurier, KB Home
925-580-1583
clemessurier@kbhome.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kb-home-opens-elowen-new-townhomes-from-the-390ks-in-las-vegas-302839785.html

SOURCE KB Home

FAQ

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

What is KB Home (KBH) offering at the new Elowen community in Las Vegas?

KB Home is offering personalized, two-story townhomes at Elowen, a new gated community in Las Vegas. According to KB Home, homes feature modern kitchens, large great rooms, walk-in bedroom suites and private, gated front courtyards tailored through the KB Home Design Studio.

What are the starting prices for KB Home (KBH) Elowen townhomes in Las Vegas?

Elowen townhomes from KB Home start from the $390,000s in Las Vegas. According to KB Home, these two-story homes offer up to four bedrooms, 2.5 baths and personalization options aimed at balancing buyer preferences with an affordable purchase price.

Where is KB Home (KBH) Elowen located and what amenities are nearby?

Elowen is located at North Durango Drive and Grand Montecito Parkway in Las Vegas’ Centennial Hills area. According to KB Home, it offers access to Interstate 11, the 215 Beltway, nearby parks, shopping, dining, Centennial Hills Hospital and the Las Vegas Strip.

Are KB Home (KBH) Elowen townhomes ENERGY STAR certified?

KB Home designs Elowen townhomes to be ENERGY STAR® certified, emphasizing energy and water efficiency. According to KB Home, fewer than 12% of new homes nationwide meet this standard, which can support comfort, healthier indoor environments and potential utility cost savings for buyers.

Can buyers personalize their homes at KB Home (KBH) Elowen in Las Vegas?

Buyers at Elowen can personalize floor plans, exterior styles and interior finishes. According to KB Home, the Design Studio lets homebuyers choose from a wide range of design options so they pay for features they value while aligning choices with their budget.

How can prospective buyers tour KB Home (KBH) Elowen townhomes in Las Vegas?

Prospective buyers can tour Elowen through walk-in visits, private in-person appointments and live video tours. According to KB Home, the Elowen sales office and model homes are open, and additional information is available by calling 888-KB-HOMES or visiting kbhome.com.