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MBK HOMES TO RELEASE PHASE 5 AT HIGHLANDS NEIGHBORHOOD DESIRABLE CUL-DE-SAC LOCATION SURE TO SELL QUICKLY


CASTAIC, CA– As MBK Homes releases Phase 5 at The Highlands at Hillcrest in Castaic, enthusiastic homebuyers are thrilled at the excellent value they have discovered. The value is a result of the combination of great homes on large lots, neighborhood schools within walking distance and a convenient location. This current phase is even more desirable for the fact that these homes are situated on a prime cul-de-sac, one of the community's best locations.

"It is gratifying to see The Highlands neighborhood begin to take shape as homeowners are moving in, getting settled and forming a community," said Stefan Markowitz, President of MBK Homes. "Our buyers are thrilled at having saved up to $50,000 just by driving a few more miles. The Highlands gives buyers exactly what they want for a better price: spacious homes that accommodate their family's needs on a large pool sized lot all for a great price starting in the mid $200,000s."

Homebuyers may choose from three spacious, two-story floorplans that range from approximately 1,955 to 2,255 square feet, including three to five bedrooms and two and one-half to three baths. Living areas include formal living and dining rooms for elegant entertaining, as well as fireplace-warmed family rooms adjacent to thoughtfully-designed kitchens and nooks that provide the perfect setting for spending quality family time. Kitchens are highlighted by gourmet islands or peninsulas that double as casual dining bars.

Each home offers extra versatility with optional extra bedrooms and in varying plans, a tech room, loft or den. In one plan, the extra bedroom is designed to serve as a guest suite with its own private bath. The attractive appearance of the homes begins with traditional California architecture, and exterior highlights include three-car garages with sectional roll-up doors.

The Highlands' is situated amid Castaic's peaceful and natural hillside setting with beautiful views, award-winning elementary schools within walking distance of the neighborhood, and a convenient location only five minutes from the I-5 freeway. This freeway-close location makes it easy for residents to reach employment centers and other destinations throughout the Los Angeles area.

The Highlands is just minutes from Castaic Lake, a 9,000-acre state recreational park that features both power boating and watersports activities and a peaceful lagoon for non-power boats and swimming during the warmer months.

MBK Homes will soon be previewing a second Castaic neighborhood, Saratoga at Hillcrest, where larger, more spacious residences will range from approximately 2,730 to 3,285 square feet. Prices will begin in the low $300,000s. An interest list is now forming for Saratoga with pre-sales scheduled to begin in the late spring.

With its keen attention to detail, MBK Homes Ltd. is dedicated to delivering superior craftsmanship in every home it builds. MBK chooses its locations carefully, building its neighborhoods in family-oriented communities within well-respected school districts. Strengthened by the reputation and financial stability of its' parent company, Mitsui & Co., Ltd., MBK Homes is committed to providing its customers with the best value their homebuying dollar can buy and to building homes to last a lifetime.

MBK Homes continues to expand its homebuilding activities in some of Southern California's most desirable locations. MBK neighborhoods include: Wisteria in The Corona Valley, Annandale at The Landings in North Fontana, Soleil in Aliso Viejo, The Highlands and Saratoga at Hillcrest in Castaic, Heritage and Traditions at The Oaks in Murrieta and MBK Homes at Emerald Square. For more information on any of these communities, please call (888) 943-HOME or visit the company's website at www.mbkhomes.com.

To visit The Highlands, take Interstate 5 north and exit at Halsey Canyon Road. Hasley Canyon Road is located approximately 9 miles north of Valencia. Take the overpass over Interstate 5, then turn right onto The Old Road. Continue approximately one-half mile and turn left onto Hillcrest Parkway. Follow Hillcrest Parkway to the sales center at the top of the hill on the left. As and added convenience, MBK now welcomes brokers. Furnished models are open daily from 10 a.m. to 6 p.m., and additional information is available by calling (661) 295-6600 or by visiting the website at www.mbkhomes.com.

Posted on June, 4th 2000

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