KB HOME OPENS SANDSTONE, A NEW MASTER-PLANNED COMMUNITY OF OVER 1,500 HOMES IN A PRIME NORTH LAS VEGAS LOCATION

KB Home (KBH) opened the first phase of Sandstone, a nearly 300-acre master-planned community in North Las Vegas with over 1,500 planned homes, on September 4, 2026.

Rhea-AI Summary

KB Home (KBH) opened the first phase of Sandstone, a nearly 300-acre master-planned community in North Las Vegas with over 1,500 planned homes, on September 4, 2026.

The Sandstone at Tule Springs master plan features four communities, with Landings and Reserves now open and Meadows and Gardens under construction. Homes are priced from the $300,000s and include one- and two-story single-family homes and two-story townhomes with up to five bedrooms and five baths. The community will offer over 12 acres of planned parks, trails and a trailhead connecting to Tule Springs Fossil Beds National Monument, plus sports courts, playgrounds and a dog park. KB homes are designed to be ENERGY STAR® certified and energy- and water-efficient, with buyers able to personalize interiors through the KB Home Design Studio.

Positive

• Over 1,500 new homes planned across nearly 300 acres in North Las Vegas
• Homes in Sandstone at Tule Springs priced from the $300,000s
• Master plan includes over 12 acres of planned parks, trails and trailheads
• Largest new-home community KB Home has developed in the past 10 years
• Homes designed to be ENERGY STAR® certified, a standard met by fewer than 12% of new U.S. homes

Negative

• None.

Market Context

CVCO was up 1.57% in current peer data. Against that backdrop, this expansion announcement adds oper...

Analysis

CVCO was up 1.57% in current peer data. Against that backdrop, this expansion announcement adds operating context, while KBH’s comparable openings were mixed; moderate short positioning remains a volatility risk to monitor.

Key Figures

Homes planned: over 1,500 homes Master plan size: nearly 300 acres Communities: 4 communities +4 more

7 metrics

Homes planned over 1,500 homes Sandstone master plan

Master plan size nearly 300 acres North Las Vegas development

Communities 4 communities Sandstone master plan

Starting price from the $300,000s Sandstone homes

Planned parks and trails over 12 acres On-site amenities

ENERGY STAR coverage fewer than 12% New homes nationwide meet the certification standard

Development comparison 10 years Largest new-home community KB Home developed in the past decade

Historical Context

5 past events · Latest: Sep 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Sep 03	Community opening	Positive	+0.4%	Opened Morningside with entry-level pricing and single-family homes in Florida
Aug 28	Leadership appointment	Positive	+0.3%	Named Casey Dare president of the Tampa division effective August 28
Aug 14	Community opening	Positive	-1.1%	Opened Brighton Crossings with homes priced from the $460,000s
Jul 31	Community opening	Positive	-2.5%	Opened Elowen townhomes in Las Vegas priced from the $390,000s
Jul 31	Community opening	Positive	-2.5%	Opened Aurora at One Lake with single-family homes in California

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

Pattern Detected

Comparable KBH community-opening announcements produced mixed reactions, with two positive and three negative 24-hour price changes.

Key Terms

energy star

1 terms

energy star technical

"They are designed to be ENERGY STAR® certified"

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.

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

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Master plan features four new communities affordably priced from the $300,000s and over 12 acres of planned on-site parks and trails.

NORTH LAS VEGAS, Nev., Sept. 4, 2026 /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of the first phase of Sandstone, the homebuilder's massive new master plan in North Las Vegas. This master plan spans nearly 300 acres, with four new communities and over 1,500 new homes within the Villages at Tule Springs. Sandstone also offers over 12 acres of planned on-site parks, an extensive trail system and a new trailhead with access to the Tule Springs Fossil Beds National Monument.

"KB Home's new Sandstone master plan represents a significant investment in North Las Vegas and our future," said Scott Black, Mayor Pro Tem, City of North Las Vegas. "These new homes will help provide more attainable homeownership opportunities for years to come, while creating jobs, supporting local businesses and generating economic activity throughout our city."

Sandstone at Tule Springs at a Glance:

• Price: From the $300,000s
• Amenities: Over 12 acres of planned parks, trails and trailheads, pickleball and basketball courts, horseshoe pits, ramadas, barbecue and picnic areas, children's playgrounds and a dog park
• Location: North Las Vegas, at the corner of North 5th Street and the Las Vegas Beltway (CC-215)
• Home type: One- and two-story, single-family homes (Landings and Reserves – now open); two-story townhomes (Meadows – coming soon); two-story, single-family homes (Gardens – coming soon)
• Bedrooms/baths: Up to 5 bedrooms and 5 baths
• School district: Clark County School District

Sandstone at Tule Springs provides easy access to the Las Vegas Beltway (CC-215) and Interstates 11 and 15, which connect residents to Harry Reid International Airport and Las Vegas' major employment centers, including Nellis and Creech Air Force Bases. The new master plan is close to shopping, dining and entertainment at Deer Springs Crossing and Deer Springs Town Center. Outdoor enthusiasts will appreciate Sandstone's proximity to Tule Springs Fossil Beds National Monument, Shadow Creek Golf Course and Aliante Golf Club, as well as hiking, biking, skiing and snowboarding at Mount Charleston and Lee Canyon.

"With Sandstone, we're bringing more than 1,500 new homes to a beautiful North Las Vegas location. As the largest new-home community we've developed in the past 10 years and the first phase of an exciting new master plan, Sandstone presents an opportunity for attainable homeownership in a highly desirable setting," 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."

The homes at Sandstone are designed for contemporary living, with modern kitchens overlooking spacious great rooms, expansive bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.

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.

Meadows and Gardens at Sandstone at Tule Springs are currently under construction, while the Landings and Reserves sales offices and model homes are 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-sandstone-a-new-master-planned-community-of-over-1-500-homes-in-a-prime-north-las-vegas-location-302870298.html

SOURCE KB Home

FAQ

What did KB Home (KBH) announce about the Sandstone community in North Las Vegas?

KB Home announced the opening of the first phase of Sandstone at Tule Springs, a nearly 300-acre master-planned community in North Las Vegas that will include over 1,500 new homes across four neighborhoods, with initial phases now open to buyers.

How many homes and how much land are included in KB Home's Sandstone at Tule Springs (KBH)?

Sandstone at Tule Springs spans nearly 300 acres and is planned for over 1,500 new homes in four communities: Landings, Reserves, Meadows and Gardens. This makes it the largest new-home community KB Home has developed in the past 10 years.

What is the starting price for homes in KB Home's Sandstone community (KBH)?

Homes in the Sandstone at Tule Springs master plan are priced from the $300,000s. The company describes the community as offering more attainable homeownership in a desirable North Las Vegas location, with a range of home sizes and layouts.

What types of homes and floor plans are offered at Sandstone at Tule Springs by KB Home (KBH)?

Sandstone offers one- and two-story single-family homes at Landings and Reserves, two-story townhomes at Meadows (coming soon), and two-story single-family homes at Gardens (coming soon), with floor plans featuring up to 5 bedrooms and 5 baths.

What amenities will be available at KB Home's Sandstone at Tule Springs (KBH)?

Sandstone will feature over 12 acres of planned parks and trails, a new trailhead to Tule Springs Fossil Beds National Monument, pickleball and basketball courts, horseshoe pits, ramadas, barbecue and picnic areas, children’s playgrounds and a dog park.

Where is KB Home's Sandstone master-planned community (KBH) located and what are the access routes?

Sandstone at Tule Springs is in North Las Vegas at the corner of North 5th Street and the Las Vegas Beltway (CC-215). It offers convenient access to CC-215 and Interstates 11 and 15, connecting residents to Harry Reid International Airport and major employment centers.

Are any neighborhoods at Sandstone at Tule Springs by KB Home (KBH) already open to buyers?

Yes. The Landings and Reserves neighborhoods have sales offices and model homes open for walk-in visits and private in-person tours by appointment, with live video tours available. The Meadows and Gardens neighborhoods are currently under construction.