KB HOME OPENS MOONLIGHT AT LUNA PARK: A RARE OPPORTUNITY TO OWN A NEW HOME IN IRVINE, CALIFORNIA

Rhea-AI Summary

KB Home (NYSE: KBH) opened Moonlight at Luna Park in Irvine, California, offering three-story detached homes from $1.7 million with 4 bedrooms and 4.5 baths. The community features resort-style amenities, first-floor junior suites, proximity to I-5/I-405, and access to Saddleback Valley Unified School District.

Homebuyers can personalize homes at an on-site design studio; homes are designed for ENERGY STAR certification and include energy- and water-efficiency features. Sales office and model homes are open for tours and live video visits.

News Market Reaction – KBH

+1.73%

+1.73% Session close to close

In the Apr 20 session, KBH gained 1.73%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement expands KB Home’s footprint in a premium, supply-constrained Irvine submarket, wit...

Analysis

This announcement expands KB Home’s footprint in a premium, supply-constrained Irvine submarket, with Moonlight at Luna Park offering homes from $1.7 million and extensive resort-style amenities. It follows recent community launches in Texas and Nevada and comes shortly after Q1 2026 results that showed weaker revenue and margins. Investors may watch how demand, pricing power in Orange County and overall backlog trends evolve against this higher-end California offering.

Key Figures

Starting home price: From $1.7 million Home layout: 4 bedrooms / 4.5 baths Amenity area: 8-acre facility +2 more

5 metrics

Starting home price From $1.7 million Moonlight at Luna Park base pricing

Home layout 4 bedrooms / 4.5 baths Typical Moonlight at Luna Park home configuration

Amenity area 8-acre facility "The Pools" resort-style amenity complex size

Trails network Over 100 miles Walking and biking trails in the master plan

Energy-efficient standard Fewer than 12% of new homes Share of new homes nationwide meeting ENERGY STAR certification standard

Historical Context

5 past events · Latest: Apr 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 10	Community opening	Positive	-1.2%	Opened five new neighborhoods within the Meriden master plan in Henderson.
Apr 08	HQ relocation	Positive	+1.6%	Announced move of corporate headquarters to Tempe to lower cost structure.
Apr 02	Community opening	Positive	-0.7%	Grand opening of Nagel Crossing gated community in San Antonio.
Mar 31	ESG recognition	Positive	+2.5%	Named to Newsweek’s 2026 America’s Most Charitable Companies list.
Mar 24	Earnings results	Negative	-1.6%	Reported Q1 2026 with lower revenue, EPS and margins versus prior year.

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

Pattern Detected

Stock reactions to general news have been mixed, with community openings sometimes met by mild declines, while reputational and strategic announcements leaned positive.

Recent Company History

Over the past month, KB Home has balanced softer financial results with ongoing expansion and brand-building. The Q1 2026 report on Mar 24 highlighted revenue and earnings declines, followed by recognition on Newsweek’s charitable list on Mar 31. Since then, KBH has opened new communities in San Antonio (Apr 2) and Henderson (Apr 10) and announced a headquarters move to Tempe (Apr 8). Today’s Irvine launch fits the pattern of steady community growth despite recent margin pressure.

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 system meets independent standards for superior energy efficiency. Think of it like a fuel-efficiency rating for appliances or buildings: it signals lower ongoing energy costs, reduced environmental impact, and often stronger consumer demand. For investors, Energy Star certified assets can mean lower operating expenses, higher resale or rental appeal, and reduced regulatory or reputational risk—factors that can improve returns.

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

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New community with resort-style amenities and easy access to top-rated schools and Orange County beaches is now open for tours.

IRVINE, Calif., April 17, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Moonlight at Luna Park. Located in highly desirable Irvine, California, Moonlight at Luna Park offers a rare opportunity to own a new, personalized home in one of Orange County's most sought-after submarkets, where demand outpaces supply.

Moonlight at Luna Park at a Glance:

• Price: From $1.7 million
• Location: Irvine, California, at the corner of Waterfowl and Saturn near the Interstate 5 and 405 interchange
• Home type: Three-story detached homes
• Bedrooms/baths: 4 bedrooms/4.5 baths
• School district: Saddleback Valley Unified School District
• Amenities: Resort-style amenities, including pools, clubhouses, playgrounds and sports courts
• Special features: First-floor junior suites with kitchenettes and full baths

Moonlight at Luna Park provides convenient access to Interstates 5 and 405, which connect residents to downtown Irvine as well as Orange County employment centers. The community is just minutes from popular attractions, including Great Park Ice & FivePoint Arena, Great Park Balloon & Carousel, Wild Rivers Waterpark and popular beaches. Homeowners will have access to a host of resort-style amenities that focus on an active, community-driven lifestyle. These include "The Pools," an 8-acre facility that features lap pools, spas, leisure swimming areas, indoor and outdoor gathering spaces, a kitchen, fire pits and stylish poolside cabanas for residents to relax. Additionally, the master plan offers specialized fitness parks, over 100 miles of walking and biking trails, and themed gardens. Moonlight at Luna Park is also just minutes from world-class shopping and dining at Irvine Spectrum Center^®.

The homes at Moonlight at Luna Park are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, lofts and first-floor junior suites featuring kitchenettes and full baths. 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 on-site KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.

"With Moonlight at Luna Park, we're bringing beautiful new homes with access to a wide variety of resort-style amenities to highly desirable Irvine," said Steve Ruffner, Regional General Manager of KB Home's Coastal 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 Moonlight at Luna Park 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 United States. We operate in 49 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-moonlight-at-luna-park-a-rare-opportunity-to-own-a-new-home-in-irvine-california-302746252.html

SOURCE KB Home

FAQ

What homes and pricing does KBH offer at Moonlight at Luna Park in Irvine as of April 17, 2026?

KB Home is offering three-story detached homes starting from $1.7 million with 4 bedrooms and 4.5 baths. According to the company, the community includes first-floor junior suites and on-site personalization at the KB Home Design Studio.

What amenities does Moonlight at Luna Park (KBH) provide to residents in Irvine?

Moonlight at Luna Park offers resort-style amenities including an 8-acre pool facility, spas, gathering spaces, and sports courts. According to the company, the master plan also includes fitness parks, themed gardens, and over 100 miles of walking and biking trails.

How can buyers personalize a KBH home at Moonlight at Luna Park and where do they do it?

Buyers can personalize floor plans, exterior styles, and interior finishes at an on-site KB Home Design Studio. According to the company, the studio offers a wide range of choices to fit buyers' styles and budgets during the purchase process.

Is Moonlight at Luna Park near major roads, schools, and Orange County attractions for KBH buyers?

Yes. Moonlight at Luna Park is near the I-5/I-405 interchange, close to Saddleback Valley Unified School District and Orange County attractions. According to the company, residents have easy access to downtown Irvine, parks, arenas, and nearby beaches.

Are KB Home houses at Moonlight at Luna Park designed for energy efficiency and certifications?

KB Home designs the Moonlight at Luna Park homes to be ENERGY STAR certified and energy- and water-efficient. According to the company, this certification offers greater comfort and potential utility cost savings compared to non-certified new homes.