Press Release brought to you by K. Hovnanian Homes

Village Glen Now Open in Madison Village

01/11/2017

Madison Village, OH, January 2017 – Following the successful openings of new-home communities last year in Streetsboro, Avon Lake, Tallmadge, and Olmsted Township, K. Hovnanian® Homes is moving into 2017 with the opening of yet another new community. Located in Madison Village, Village Glen features 45 luxurious new homes set on spacious homesites, with a natural surrounding in a quaint country setting. A grand opening celebration and new model opening is anticipated for early 2017 (all dates subject to change).

Derek Lewallen, Marketing Manager for K. Hovnanian’s® Ohio Division, commented on the new neighborhood. “Village Glen is one of our most highly anticipated communities to open this year,” Lewallen said. “We had a ‘Meet the Builder” event on site at the community in the fall and the response was tremendous. There really seems to be a demand for this type of neighborhood in Lake County. With the combination of single and two-story designs and a very affordable price point, Village Glen is an ideal community for first-time buyers and those who may be ready to move up to something a little larger.”

Village Glen offers a collection of all-new single-family home designs with up to 2,565 square feet of living space, providing ample room for living and entertaining. Homes feature open floorplans and include up to four bedrooms, two-and-a-half baths, and two-car garages, with pricing from the low-$200s. Distinguishing touches include nine-foot ceilings on the first floor, sophisticated architectural details, designer interiors, and refined exteriors with charming accents and details.

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.

The first model to open, which is currently under construction, is an Appleton design, a two-story home featuring a luxurious owner’s suite with oversized closet and private bath, an open natural flow providing easy transitions from room to room, and an available second-floor laundry room for added convenience.

Located in Lake County, about 40 miles northeast of Cleveland, Madison Village is an ideal area for families and commuters. The village provides convenient access to Cleveland for work or play, with close proximity to I-90 and Route 20. Families will appreciate being part of the Madison School system. There is a wealth of family-friendly activities nearby, including Lake Erie, state parks and wilderness preserves, local ball fields and courts, the Madison Joint Recreation District which offers year-round activities, and plenty of community events. There are also nearby ski resorts, golf courses and wineries in Northeast Ohio, as well as all the entertainment, cultural, dining and sporting destinations in Cleveland, so there’s truly something for everyone.

The Village Glen Sales Center is located at 161 Amy Avenue in Madison Village and is open Monday from 1:00 to 6:00 p.m.; and Tuesday through Sunday from 10:00 a.m. to 6:00 p.m. Interested buyers are encouraged to contact or visit the sales office to view floorplans and to stay up to date on progress and happenings at this exciting new community. For directions or more information, call 866-520-7217. You may also learn more about the new community online at khov.com/VillageGlen.

*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, New Jersey, 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 active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2015 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 list, 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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