KB HOME OPENS HAWTHORN AND LAMBERT AT CHERRY RANCH: NEW HOMES FROM THE $590Ks IN DESIRABLE SANTA ROSA, CALIFORNIA
KB Home (NYSE: KBH) opened two new communities, Hawthorn and Lambert at Cherry Ranch, in Santa Rosa, California, with homes priced from the $590,000s.
Rhea-AI Summary
KB Home (NYSE: KBH) opened two new communities, Hawthorn and Lambert at Cherry Ranch, in Santa Rosa, California, with homes priced from the $590,000s. The offering includes two-story single-family and paired homes up to 4 bedrooms and 2.5 baths, ENERGY STAR targeted features, and onsite design studio personalization.
Sales office and model homes are open for walk-ins, private tours, and live video tours; community is near Highway 12, US-101, Charles M. Schulz airport, and downtown Santa Rosa.
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Details
News Market Reaction – KBH
In the May 8 session, KBH gained 0.69%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Starting price
- From the $590,000s
- Hawthorn and Lambert at Cherry Ranch pricing
- Bedrooms
- Up to 4 bedrooms
- Home configurations at Cherry Ranch
- Bathrooms
- Up to 2.5 baths
- Home configurations at Cherry Ranch
- ENERGY STAR penetration
- Fewer than 12% of new homes nationwide
- Share of new homes meeting ENERGY STAR certification standard
- FMR LLC ownership
- 5,080,393.72 shares (8.1%)
- Schedule 13G/A beneficial ownership of KB Home common stock
- Share price
- $49.18
- KBH price before this news
- Market cap
- $3,111,738,379
- KBH market capitalization pre-news
- Days to cover
- 5.37 days
- Short interest coverage metric from risk context
Historical Context
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Launch of Sorrel community in American Canyon with homes from the $590Ks.
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Opening of Meriden Las Vegas-area master plan with five new communities.
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Board declared a quarterly cash dividend of $0.25 per share.
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Release of 19th Sustainability Report with efficiency and savings milestones.
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Opening of The Charles community in Idaho, homes from mid $300,000s.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
energy star technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
New communities in the heart of Sonoma Wine Country and minutes from historic downtown
Hawthorn and Lambert at Cherry Ranch at a Glance:
- Price: From the
,000s$590 - Location:
Santa Rosa, California , on Fresno Avenue just south of Sebastopol Road, near the Highway 12 and U.S. Highway 101 interchange - Home type: Two-story single-family and paired homes
- Bedrooms/baths: Up to 4 bedrooms and 2.5 baths
- School district:
Santa Rosa City Schools
Hawthorn and Lambert at Cherry Ranch provide convenient access to Highway 12 and U.S. Highway 101, which connect residents to downtown
The homes at Cherry Ranch are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. 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 Hawthorn and Lambert, we're bringing two new-home communities to a beautiful
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
The Hawthorn and Lambert at Cherry Ranch 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
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
clemessurier@kbhome.com
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SOURCE KB Home
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