KB Home (NYSE: KBH) today announced the grand opening of Falling Water, the company’s first new-home community in the Seattle market.
Tucked inside a Bonney Lake neighborhood, Falling Water will contain 96 one- and two-story homes and six distinct floor plans. With up to four bedrooms and three baths, and ranging in size from approximately 1,600 to 2,550 square feet, the KB homes at Falling Water feature desirable design characteristics like optional three-car garages, spacious great rooms and elegant master suites. Pricing begins from the $380,000s.
“KB Home is thrilled to debut our distinct home building process and ENERGY STAR certified new homes to this vibrant market,” said Ryan Kemp, president of KB Home’s Seattle division. “We believe offering a highly efficient new home that can be personalized to fit the needs of each customer’s unique lifestyle will resonate with Seattle home buyers.”
KB Home’s building process allows buyers to personalize many aspects of their new home to suit their budget and style. After selecting their lot and floor plan, KB homebuyers can work with expert design consultants who will guide them through every aspect of the process as they select from a variety of design choices, including countertops, cabinets, lighting, appliances and window coverings.
Located near Washington State Route 410, KB Home’s Falling Water offers convenient commuting to Tacoma and the greater Seattle metro area. Community schools, and dining, shopping, recreation and the beautiful White River Amphitheater, which hosts live music, are all within a few minutes’ drive. Nearby Victor Falls Park features a tranquil hidden waterfall, and abundant natural surroundings are waiting to be explored at Lake Tapps, Crystal Mountain Resort and Mount Rainier National Park.
All the KB homes at Falling Water will be built to current ENERGY STAR certification guidelines, will include WaterSense® labeled faucets and fixtures, and will provide advanced indoor air quality systems. Only 10 percent of new homes in the U.S. are currently built to current ENERGY STAR certification guidelines. As such, the KB homes at Falling Water are designed to be more energy and water efficient than most typical new and resale homes available in the area. These energy- and water-saving features are estimated to help save home buyers between $1,000 and $1,400 a year in utility costs, adding up to potential savings of over $30,000 over the life of a 30-year mortgage, depending on floor plan.