NEW HOME has already sold more than one-half of Seabluff's 75 residences to a wide-range of buyers attracted to its urban village lifestyle.

The New Home Company (((NEW HOME, NYSE:NWHM) today announced the official opening of Seabluff, a collection of 75 contemporary townhomes and stylishly stacked flats within Playa Vista, the connected urban community on the Westside of Los Angeles. A public Grand Opening of Seabluff's furnished model home and sales gallery is set for March 23, 2019.

Seabluff marks the final opportunity for newly constructed attached, for-sale homes in Playa Vista and is NEW HOME's first community in the heart of Silicon Beach. NEW HOME has enjoyed a successful pre-opening sales campaign at Seabluff, during which over half of the 75 residences have sold, including all of the two-story townhomes. A select collection of the one-story flats is still available for purchase.

At Seabluff, the highly acclaimed KFA Architecture created the modern designs with open floorplans, warm wood accents, patio decks and shared courtyards. The stacked flats range from 1,107 to 1,848 square feet with two to three bedrooms and up to three bathrooms. Prices begin in the low $1 millions.

"Seabluff is a neighborhood that appeals to both young professionals and empty nesters looking for an urban village lifestyle in one of Southern California's most vibrant new-home communities," said NEW HOME Chief Marketing Officer, Joan Marcus Webb. "We have been so pleased with our pre-sale success which launched from our sales pod last year, and now with the grand opening of our furnished model, we expect the remaining flats to sell out in the coming months."

Seabluff is within walking distance to The Campus at Playa Vista, the hub of creative and tech companies such as IMAX, Google, YouTube Space L.A., Yahoo, and ICANN, and media firms including Group M, Fullscreen and 72andSunny. Seabluff is also close to the dining at Playa Vista's retail and entertainment center Runway Playa Vista and to the recreation of The Resort, a private resident club.

Residents of Seabluff will also enjoy Playa Vista's 29 urban parks, including Concert Park, a community favorite for outdoor concerts and movies, picnics, food trucks, yoga and leisurely walks.

Those interested in a new home at Seabluff are encouraged to visit www.SeabluffNWHM.com to join the Interest Registry and receive updates on the neighborhood.

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