KB Opens Central Valley Community

Homes in Ceres, California start in the low $300,000s.

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KB Home (NYSE: KBH) over the weekend opened Orchard Terrace in Ceres, California, less than a mile away from the Strawberry Fields Park.

Convenient to California State Route 99 and Morgan Road, Orchard Terrace is close to major area employers, including Kaiser Permanente, Del Monte Foods and E & J Gallo Winery.

Residents of Orchard Terrace can enjoy the rich history Downtown Modesto, which features a number of notable buildings, including the McHenry Mansion and the Gallo Center for the Arts, as well as a wide selection of dining and entertainment destinations. Nearby Tuolumne River Regional Park provides over five hundred acres of parkland, bicycle trails and a golf course, and the 76-acre Ceres River Bluff Regional Park offers several sport courts and fields.

At Orchard Terrace, KB homebuyers may choose from three two-story home designs that range in size from 1,700 to 2,200 square feet and include up to four bedrooms and two-and-a-half baths. Spacious two-car garages, ample storage and large master suites are characteristic of all the homes at Orchard Terrace. Pricing begins in the low-$300,000s.

“Given the rising demand for housing in the Central Valley, we are pleased to be opening a new community in Ceres,” said Joe Killinger, president of KB Home’s Central California division. “Orchard Terrace’s proximity to transportation corridors, Downtown Modesto, and desirable area schools will appeal to homebuyers looking to own a beautiful new home in a convenient and family-friendly location.”

The KB homes at Orchard Terrace will be built to current ENERGY STAR® guidelines and include WaterSense® labeled faucets and fixtures. These energy- and water-saving features are estimated to save homebuyers between $1,572 to $1,752 a year in utility costs, depending on floor plan.

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