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MBK HOMES IS PLEASED TO ANNOUNCE THE
GRAND OPENING OF SERRANO AT RANCHO ETIWANDA


RANCHO CUCAMONGA, CA--July 16, 2002­­ With model homes nearing completion, prospective homebuyers will soon make it home to Serrano at Rancho Etiwanda, a new neighborhood be MBK Homes located in Rancho Cucamonga.

Serrano's Grand Opening of the model homes is scheduled for Saturday, August 10th, 2002. The opening will celebrate the unveiling of three professionally appointed model homes. The temporary sales center is now open so interested homebuyers can receive pricing for the homes and learn about Serrano's floorplan designs and elevations. On August 10th interested homebuyers can tour the handsomely furnished models and perhaps even meet a few future neighbors.

The Serrano Sales Team, Kevin Lawrence and Gloria Aguilar, anticipate an excellent turnout for the celebration. "The interest in these homes has been growing steadily since MBK announced its plans for Serrano," commented Lawrence. "We're very enthusiastic about the official grand opening of the model homes. The homes are coming along beautifully and buyers are already beginning to take advantage of the incredible value being offered here."
Priced affordably from the mid $300,000s, Serrano features four two-story floorplan designs with up to five bedrooms, three and one-half baths and three- and four-car tandem garages. All homes feature spacious family rooms, gourmet kitchens with spacious center islands and breakfast nooks as well as formal living and dining areas.

The homes' interiors come loaded with many sought-after amenities such as wood-burning fireplaces, General Electric kitchen appliance packages and custom-crafted cabinetry. They also feature an abundance of unique architectural details such as two-story volume ceilings, nine foot high ceilings on the second floor, large media niches and bull-nosed (rounded) corners.

Architectural styles include Ranch, Country, Bungalow, Santa Barbara and San Juan and the homes are marked with stylish details such as deep front porches, wrap-around porches and side entryways which vary per plan to create an inviting street scene.

As MBK Homes prepares for the Model Grand Opening of Serrano, interested homebuyers are encouraged to now join the Serrano Interest List and find out about the VIB program by calling Neighborhood Sales Manager Kevin Lawrence or Neighborhood Sales Associate Gloria Aguilar at (909) 899-1100 or emailing serrano@mbk.com.

As a member of the Serrano Interest List prospective buyers are eligible to become a member of the Serrano VIB (Very Important Homebuyer) Registry Program. Membership in the program will ensure that enrolled homebuyers receive preferential treatment when choosing a homesite and also enjoy advanced access to important information including previews, tours, grand openings and new phase release dates and pricing.

Plan One, Primrose, will measure approximately 2,862 square feet in size. This home will feature three bedrooms, three baths, den, loft and three-car attached garage. Options will include fourth bedroom and fifth bedroom with full bath.

Plan Two, Larkspur, will be available with two different entry variations: a front entry and a side entry. Measuring approximately 3,156 square feet in size, this home will feature three bedrooms, three baths, den, loft and three-car attached garage. Options include fourth bedroom with full bath, fifth bedroom and master retreat.

Plan Three, Heliotrope, will encompass approximately 3,227 square feet of space and will feature three bedrooms, three baths, den, loft and three-car attached garage. Options will include fourth bedroom and fifth bedroom with full bath.

Plan Four, Stellaria, will be Serrano's largest home measuring approximately 3,787 square feet in size. It will feature four bedrooms, three baths, den, loft and four-car tandem garage. Available option will include a fifth bedroom with full bath, fifth bedroom suite with full bath, sixth bedroom, super family room and three-car garage, which expands the living area to approximately 3,980 square feet.

Serrano at Rancho Etiwanda will be located in the city of Rancho Cucamonga, which was recently rated the eleventh safest city in the United States by Money Magazine. Rancho Cucamonga will offer Serrano residents convenient access to the Ontario Airport, the Ontario Mills shopping mall, local wineries, the California Speedway and some of the best schools in the Inland Empire.

Serrano homeowners will soon enjoy a shorter commute to Pasadena and other cities in the San Gabriel Valley area with the new expansion of the 210/30 Freeway, anticipated to open fall 2002. Access to the new freeway is minutes from Serrano.

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, Saratoga at Hillcrest in Castaic, Heritage and Traditions at The Oaks in Murrieta and HighPointe at Eagle Glen. Coming soon: Westridge at Valencia in the Santa Clarita Valley, Berkeley in Brea and Inverness at Vista Del Verde in Yorba Linda. For more information on any of these communities, please call (888) 943-HOMES or visit the company's website at www.mbkhomes.com.


Posted on July, 16th 2002

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