Agave will be comprised of 80 single-story flats within the master-planned community of La Floresta in Brea.

Representing its first 55+ age-restricted community in Orange County, The New Home Company (NEW HOME, NYSE: NWHM) has announced the opening of its Sales Gallery at Agave, a neighborhood of 80 single-story flats within the La Floresta master plan in Brea.

NEW HOME will open an on-site Sales Gallery on August 19 for the Agave Interest Registry and general public as part of its upcoming pre-sales program. This will be the first opportunity for interested home shoppers to meet with the Sales Managers, view anticipated pricing, and walk the phase one residences now under construction. A model home Grand Opening for Agave is anticipated for late October 2017.

Agave, named for the perennial herb Agave Shawi native to the habitats along the Southern California coast, is located at the northernmost edge of La Floresta’s gated and 55+ age-restricted enclave of Buena Vida.

Designed by the award-winning Dahlin Group, the residences of Agave will offer a new and distinct architectural style to La Floresta and Buena Vida: Stacked single-story flats conceived to provide a convenient, turn-key lifestyle. The homes will be served by semi-private elevators with direct access to each unit and will range from 1,379 to 1,726 square feet with up to three bedrooms plus den, two baths and a private deck area.

“Agave will offer the ideal opportunity for 55+ homeowners who want to remain in the heart of Orange County with the benefits of a low-maintenance residence in a gated community,” said NEW HOME Chief Marketing Officer Joan Marcus-Colvin. “We’ve put a tremendous amount of thought and care into the design of these homes and we look forward to bringing them to market.”

Set within an intimate, pedestrian-friendly land plan, the La Floresta master-planned community embraces Brea’s lively atmosphere. Walking, biking and meandering trails link people and places within La Floresta. Agave residents will enjoy full access to the Buena Vida Clubhouse, an exclusive recreation center with pool and social activities.

The community’s adjacent retail center, Village of La Floresta, is easily accessible to Agave and features indoor/outdoor dining, charming shops and offices.

Those interested in a new home at Agave are encouraged to visit www.AgaveNWHM.com to register and receive updates on community progress, future events and sales opportunities.

About The New Home Company

NEW HOME is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and Phoenix. NEW HOME is a multi-year recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. In 2017, NEW HOME won a total of 22 Eliant Awards, the highest number earned by a home builder in this year's competition. For two years in a row, NEW HOME has been named to the Inc. Magazine Founders 40 list, recognizing newly public companies that have maintained a strong entrepreneurial spirit. For more information about the company or its current new-home offerings, visit www.NWHM.com.

Paolucci Salling & Martin Communication Arts | Public RelationsMike Hoye, 310-346-0845 (mobile)mhoye@PSMCommArts.com

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