Cheyenne at Olivebrook | Affordable New Homes in Winchester, CA by KB Home

Cheyenne at Olivebrook by KB Home is one of the most affordable new home communities in Winchester, California. With floor plans ranging from 1,383 to 2,874 square feet and pricing starting in the low $500Ks, this neighborhood is ideal for budget-conscious buyers seeking flexible layouts, no HOA fees, and modern finishes in a growing area of the Temecula Valley.

Flexible Floor Plans

KB Home is known for its customizable options, and Cheyenne at Olivebrook is no exception. Buyers can choose from a variety of 3 to 6-bedroom homes with flexible options like converting lofts or dens into additional bedrooms or offices.

- **1383 Plan:** 3 bed / 2 bath / 1,383 sq ft — $526K–$551K
- **1542 Plan:** 3 bed / 2 bath / 1,542 sq ft — $558K
- **1762 Plan:** 3–4 bed / 2 bath / 1,762 sq ft — $560K
- **1919 Plan:** 3–4 bed / 2 bath / 1,919 sq ft — $584K
- **2519 Plan:** 4–6 bed / 2.5–3 bath / 2,519 sq ft — $652K
- **2874 Plan:** 4–6 bed / 2.5–3 bath / 2,874 sq ft — $668K

No HOA, No Problem

There is no HOA fee in this community, saving homeowners approximately $150/month. While this provides more freedom and lower monthly payments, it also means there is no oversight on home aesthetics, so buyers should be prepared for a variety of paint colors or landscaping styles.

Solar Options

Solar is required and offered with two options:
- **Lease:** $120–$210/month depending on home size
- **Purchase:** $16,000–$23,000 rolled into the loan

The purchase option typically provides long-term savings and qualifies for a federal tax credit.

Property Taxes

The estimated tax rate is 1.85%. Example: a $550,000 home would have an annual tax bill of $10,175, or about $848/month. Taxes fund local infrastructure, schools, and fire protection services.

Nearby Amenities & Commute

While Cheyenne at Olivebrook is currently in a more remote part of Winchester, growth is expected. Nearby shopping and dining options are limited for now, but the area is rapidly developing. The community is approximately 15–20 minutes from major freeways.

Schools & District Ratings

Zoned schools include:
- **Winchester Elementary:** 3/10
- **Rancho Viejo Middle School:** 4/10
- **TKIs High School:** 5/10

Ratings from GreatSchools.org. New schools and rising tax revenue are expected to improve scores over time.

Homebuying Tips

1. **Bring a buyer's agent** with you on your first visit to protect your interests.
2. **Use the builder’s lender** to receive up to $15,000+ in closing cost credits. Service may vary.
3. Expect to budget for **window coverings and backyard landscaping**, which are not included.

Final Thoughts

Cheyenne at Olivebrook offers an excellent opportunity to own a new home in the Temecula Valley for a competitive price. With flexible floor plans, no HOA, and solar options, this neighborhood is ideal for buyers who value customization and affordability. While the location is still developing, the long-term potential and low entry pricing make it a standout in Winchester’s growing market.

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