KB Homes is in a joint venture which owns raw land in a beautiful canyon/hillside area in Simi Valley, called Runkle Ranch. Aesthetically the ranch will produce primo home sites. The housing to be created would probably have to be at the top of KB's product line, because of infrastructure costs and the big lots the city required.
Not too long ago, KB Homes went to the Simi Valley City Council and got their land use approvals extended, so the property is still buildable and sellable to land investors or other home builders.
Do any of you out there in KB land have any idea whether the Runkle Ranch property is being marketed for sale, or whether KB Homes actually intends to build out Runkle Ranch?
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