KB Home Buys Lots for New Community in Valencia
KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, and Newhall Land, a premier community planner in north Los Angeles County, today announced a land purchase agreement for a new home community within the highly desirable master-planned development of River Village in Valencia, which is also known as “Awesometown.” KB Home acquired 54 finished lots from Newhall Land for a new community called Charleston at River Village. Model home construction is currently underway, with plans to open this new community to home shoppers in the spring.
The five two-story floor plans anticipated to be offered at Charleston at River Village include up to six bedrooms, four-and-a-half baths, and range in size from 3,413 to 4,511 square feet. Sun rooms, first-floor junior suites and large walk-in dual closets in the master bedroom are just some of the Built to Order options that will be available at Charleston at River Village.
Residents will also have access to River Village's exclusive amenities like recreation centers, parks, and trails along the Santa Clarita River. Families will be served by the highly-rated Saugus Unified School District. The community is also in close proximity to Metrolink stations and the I-5 freeway, making for an easy commute to major employment centers in the greater Ventura and Los Angeles metropolitan areas.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.