KB Home announced the opening of two new built‑to‑order communities in Washington state, marking the first new development in the region since its last expansion. The communities, McCormick Trails in Port Orchard and Silver Lake’s Ambleside in Mill Creek, are designed to meet growing demand for high‑performance homes in the Pacific Northwest.
McCormick Trails offers two‑story homes with up to five bedrooms and three full bathrooms, priced from the mid‑$500,000s. The community features parks, playgrounds, walking trails, and easy access to local schools and waterfronts. All homes are ENERGY STAR certified, reflecting KB Home’s long‑standing commitment to energy efficiency.
Silver Lake’s Ambleside provides two‑ and three‑story homes with up to five bedrooms and three‑and‑a‑half baths, with pricing starting in the $970,000s. The development includes similar amenities—parks, playgrounds, and walking trails—and also carries ENERGY STAR certification. The mix of home sizes is intended to appeal to families and professionals seeking premium waterfront living.
The new openings come as KB Home reports a strong Q3 2025 earnings season, with earnings per share of $1.61 versus a consensus of $1.50—a beat of 7.3%. Revenue for the quarter reached $1.62 billion, up 8% year‑over‑year, driven by robust demand in the West Coast and Southwest segments. Adjusted housing gross profit margin fell to 18.9% from 19.1% a year earlier, reflecting pricing pressure and higher land costs, but the company projects full‑year housing revenues of $6.1 billion to $6.2 billion and a margin of 19.2% to 19.3%.
CEO Jeffrey Mezger said the new communities underscore KB Home’s strategy to scale its built‑to‑order model and deliver high‑performance homes that lower total cost of ownership. He added that the company is investing in land acquisition and sustainability initiatives to support long‑term growth and shareholder returns.
The launch of McCormick Trails and Silver Lake’s Ambleside signals KB Home’s continued focus on high‑demand markets and its commitment to energy‑efficient construction. With over 200,000 ENERGY STAR homes built to date, the company is positioned to capture a growing share of the Pacific Northwest housing market, where competition from builders such as Meritage Homes and M/I Homes remains intense.
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