Surrounded by a working farm and adjacent to the LDS Gilbert Temple, The New Home Company (NEW HOME, NYSE: NWHM) announces Belmont, a collection of 53 spacious single-family homes within the master-planned community of Somerset in Gilbert, Arizona. A model home Grand Opening is planned for Saturday, August 18, 2018.

The homes of Belmont, NEW HOME’s first to debut in the Phoenix area’s southeast valley, feature European-influenced single-story homes, some with “pop-up” options for a partial second story. Architectural styles include Spanish, French Country, Farmhouse and Desert Prairie. These expansive homes, designed by Bassenian Lagoni Architects, offer three to seven bedrooms, three and one-half to five and one-half bathrooms, three to four-car garages and up to 5,295 square feet of living space. The homes are priced from the low $700,000s and the community’s successful pre-opening campaign has already resulted in numerous sales.

Located on vast farmland, Somerset includes many recreational amenities for Belmont buyers to enjoy such as parks, basketball and tennis, and a network of walking trails that bridge each of the neighborhoods with a community lake where families can gather for picnics or events with their fellow residents and friends. Somerset is also surrounded by the natural beauty of the nearby San Tan and Superstition Mountain ranges.

“We’re extremely proud of the thoughtfully designed homes at Belmont, and we’re excited to be a part of Gilbert, the fastest growing city in Metropolitan Phoenix,” said NEW HOME Arizona Division President Pat Moroney. “With some of the largest residences in the region, Belmont is ideal for large, growing families, and our two furnished models will allow future buyers to experience these expansive homes first-hand. We look forward to our Grand Opening and expect even greater success once home shoppers can see the level of craftsmanship NEW HOME brings to Belmont.”

Those interested in a new home at Belmont are encouraged to visit www.BelmontNWHM.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. Last year, NEW HOME was named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal. The top ranking was based on NEW HOME’s 208% revenue growth over the previous two years. 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. For two years in a row, NEW HOME was 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.