Press Release brought to you by K. Hovnanian Homes

K. Hovnanian® Opens New Community in Avon Lake

01/13/2016

Avon Lake, OH, January 2016 – K. Hovnanian® Homes, one of America’s largest homebuilders, has recently opened Belden Pointe in the lakefront city of Avon Lake for sale. This new community of nearly 60 single-family homes is located just minutes from Lake Erie, on Rebecca Lane off of Belden Road. Belden Pointe will feature a collection of luxurious new homes on wooded homesites. The new community will hold a grand opening in early spring 2016, according to Derek Lewallen, Marketing Manager for K. Hovnanian’s® Ohio Division.

“K. Hovnanian® has aggressive plans for growth in the New Year, with a number of new communities planned and in development in Northeast Ohio,” Lewallen commented. “Belden Pointe is certainly one of the most anticipated of our new projects. This is going to be a very distinctive neighborhood; one that’s ideal for families and commuters, with a price point and quality of construction that really sets it apart from other communities offering homes of this size in Lorain County.”

Something else that sets Belden Pointe apart from other communities in the area is the level of smart home technology that will be included with each new home. Buyers at Belden Pointe will have a choice of six distinctive floorplans, with single-family homes that offer from 2,214–3,122 square feet of living space, with some homes offering even more space with upgrades. Homes feature three to four bedrooms, two-and-a-half bathrooms, two-car garages, and optional finished basements. Every home will come equipped with a smart home technology package from Guardian Protection Services*, including a wireless Z-wave communication hub to provide remote automation and control of an included thermostat, for convenience and energy savings. Homeowners may enhance their smart home technology to include other features such as automation of lights and locks, interactive security, video monitoring and other advanced services. Belden Pointe homeowners will also appreciate that the community is one of the few in the area that is completed wired with fiber optic technology, providing faster connections.

In addition to state-of-the-art technology to provide the ultimate in convenience, homes at Belden Pointe are designed with warm, open and inviting atmospheres that are ideal for entertaining and comfortable everyday living. Well-appointed owners’ suites are spacious and refined, with private baths and oversized closets. Contemporary, open kitchens feature oak cabinets and select GE® appliances. Other design touches that will be appreciated include a centrally located second-floor laundry in select homes, a convenient mudroom ideally located to prevent traction of debris throughout the home, and optional kitchen islands to provide additional space for storage and meal preparation. Some floorplans offer first-floor owners’ suites, striking open lofts, and expansive two-story family and dining rooms. Pricing, which is subject to change, begins from $244,990.

The homes at Belden Pointe are as impressive on the outside as they are inside. Sophisticated exteriors and charming architectural accents make a grand first impression and provide truly exceptional curb appeal. An intimate neighborhood, Belden Pointe will feature homes set against wooded sites along a single street. This design is intended to provide a safer neighborhood for children to play and quieter evenings at home.

Avon Lake provides an outstanding location for this new community. Located just off Lake Erie between Cleveland and Lorain, the city offers a suburban quality of life that is unsurpassed in Northern Ohio. Residents can enjoy a variety of recreational and family activities that include public beaches, 20 miles of bike trails, a boat launch, and five well-appointed city parks. Other popular activities in the area include a municipal swimming pool, three nearby golf courses, a swim club, tennis courts, an outdoor ice rink, and youth and adult sports. Families can also enjoy summer baseball games under the lights at nearby All Pro Freight Stadium, where the Lake Erie Crushers play. Belden Pointe is also just minutes away from shopping malls, grocery stores and boutiques, as well as a variety of outdoor farmer's markets and roadside fruit and vegetable stands.

Belden Pointe homeowners will enjoy close proximity to major roadways in the area, including I-90 and I-80, as well as Routes 254, 83, 301, 611, and 20. The community is located approximately 20 miles west of Cleveland, providing residents with an easy work commute and convenient access to all that the city has to offer, from its finest museums, theaters and entertainment venues, to its professional sports stadiums.

K. Hovnanian® has already sold several homes at Belden Pointe. Now is a great time to visit and make your new home at Belden Pointe, which promises to be one of Northeast Ohio’s hottest new communities in 2016. For more information and to register for the Interest List, call 866-578-5624. You may also learn more about the community online at www.khov.com/BeldenPointe.

*Permission to use the Guardian name was granted by John A. Piroli, Senior Director, Guardian Home Technologies.

ABOUT HOVNANIAN ENTERPRISES®, INC.:

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of 55+ homes.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2014 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail or fax lists, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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Source

K. Hovnanian Homes

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