The Oaks of Calabasas is a new, guard-gated, master planned community featuring estate homes.

Click here for more information
on protecting your financing from
long-term interest rate fluctuations

Back to Current News

STRONG SALES CONTINUE FOR NEW MILLENNIUM - October 14, 2004

NEW LUXURY HOMES RELEASED AT THE OAKS - August 24, 2004

NEW LUXURY HOMES RELEASED AT THE OAKS - August 11, 2004

NEW MILLENNIUM OFFERS WELLS FARGO FLEXIBLE FINANCING PROGRAM - June 24, 2004

PAVILION PROVIDES POSH PREVIEW - June 17, 2004

FOUR NEW LUXURY ENCLAVES COMING TO THE OAKS - October 21, 2003

THE OAKS ATTRACTS OVER $100 MILLION IN SALES - August 16, 2003

CUSTOM HOMESITES COMING SOON TO THE OAKS OF CALABASAS - February 7, 2003

INTEREST REMAINS STRONG AT THE MANORS - NEW PHASE RELEASED - January 6, 2003

LUXURIOUS RESIDENCES FEATURED AT THE OAKS OF CALABASAS - January 6, 2003

NEW COMMUNITY TO OPEN AT THE OAKS OF CALABASAS - December 10, 2002

THE MANORS' AWARD-WINNING DESIGN DRAWS HOMEBUYERS - November 15, 2002

HIGH RANKING SCHOOLS OFFER ALTERNATIVE TO PRIVATE EDUCATION - March 6, 2002

EXQUISITE SETTING ENHANCES LUXURY RESIDENCES - February 28, 2002

UPSCALE ENVIRONS PROVIDE ELEGANT ENTRY TO LUXURY RESIDENCES - February 28, 2002

LUXURY RESIDENCES OFFER ATTRACTIVE INVESTMENT OPPORTUNITY - January 7, 2002

VINTAGE COMMUNITIES JOINS THE OAKS OF CALABASAS' ROSTER OF LUXURY HOMEBUILDERS - September 14, 2001

GRAND OPENING NEARS FOR PRESTIGIOUS ESTATES - August 31, 2001

NEW MILLENNIUM HOMES ANNOUNCES TWO NEW DEVELOPMENTS AT THE OAKS OF CALABASAS - April 2, 2001

NEW MILLENNIUM HOMES BEGINS GRADING ON NEXT PHASE AT THE OAKS OF CALABASAS - June 21, 2000

STRONG SALES CONTINUE FOR NEW MILLENNIUM October 14, 2004
Calabasas, CA— Luxury home builder and developer New Millennium Homes reports continued strong buyer demand for its new residences and custom estate lots within the highly sought-after master-planned community of The Oaks of Calabasas. Since the initial phase releases in May, New Millennium has experienced brisk sales of its four elegant neighborhoods—The Arbors, The Classics, The Masters, and The Reserve. An unsurpassed location, superb architecture and craftsmanship, and first-class amenities were cited as key factors influencing buyers.

“Over $125 million dollars in sales attest to the high desirability of these properties, with many having sold soon after release,” said New Millennium's CEO Louis J. Malone. “Our savvy buyers recognize the many advantages these luxury neighborhoods provide. In addition to the prime, one-of-a-kind location, buyers appreciate the broad choice of floor plans and an abundance of custom options, including a special edition home theater system available only in a New Millennium home. The highly acclaimed Las Virgenes School District has also been a contributing factor for many families.”

These upscale neighborhoods can be previewed at New Millennium’s luxurious indoor/outdoor sales pavilion. Designed to provide a unique experience in the new home purchase process, the sales pavilion features a comfortable club atmosphere and professionally decorated vignette rooms highlighting many of the custom upgrades available. A new model home complex is under construction, and is anticipated to open in Winter 2005. When complete, this new complex will include 13 model homes in one convenient location.

The Arbors features a choice of single or two levels, four floor plans ranging from 3,400 to 4,200 sq. ft. and Traditional/Farmhouse, Monterey, Craftsman and English Cottage architectural styles. The Classics features a choice of single or two levels, three floor plans ranging from 4,400 to 5,000 sq. ft. and Tuscan, Santa Barbara and French Country architectural styles. The Masters features a choice of single or two levels, three floor plans ranging from 4,600 to 5,500 sq. ft. and Provence, Plantation and Andalusian architectural styles. While The Reserve features a choice of single or two levels, three floor plans ranging from 5,000 to 6,500 sq. ft. and Italian Villa, Montecito and European Country architectural styles. Lots for each neighborhood range from 10,000 to 20,000 sq. ft. and prices start in the mid $1,000,000s.

Also within The Oaks, New Millennium's The Estates is currently offering homesites averaging over an acre of usable lot space for buyers wishing to design and build their own custom estate. These homesites feature breathtaking views of the surrounding Santa Monica Mountains. Common areas within The Estates feature colored concrete streets and an elaborately detailed entry gate exclusively for residents of The Estates. The final phase of these custom homesites has recently been released for sale, with only a few sites remaining. Prices for The Estates sites start at $1,625,000.

Situated directly adjacent to the Santa Monica Mountains’ acres of open space, The Oaks offers exquisite views, 24-hour guard-gated security and access to the acclaimed Las Virgenes Unified School District. Located near miles of nature trails and just a short 20-minute drive to the Pacific Ocean, The Oaks also offers a multitude of outdoor recreational opportunities. Other conveniences in the surrounding area include first-class restaurants and shopping.

Prices and availability are subject to change without notice. For more information about The Arbors, The Classics, The Masters, The Reserve or The Estates, call (818) 224-3694 or visit www.theoaksofcalabasas.com. Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

NEW LUXURY HOMES RELEASED AT THE OAKS August 24, 2004
Calabasas, CA— New Millennium Homes has released the first phases of homes at The Masters and The Reserve at its master-planned community of The Oaks of Calabasas. An additional phase at The Classics has also just been released. Rounding out the quartet of elegant new neighborhoods, The Arbors offers a limited number of homes still available for sale. A new model home complex featuring 13 model homes in one convenient location is anticipated to open this fall.

“We've seen a tremendous response to the initial phase releases at The Classics and The Arbors with 56 of 59 homes already sold,” said New Millennium's CEO Louis J. Malone. “Generously sized lots surrounded by the area's natural beauty and an excellent public school system are just some of the factors contributing to the high demand.”

New Millennium’s luxurious indoor/outdoor sales pavilion was designed to provide a unique experience in the new home purchase process, offering a comfortable club atmosphere and decorated vignette rooms featuring many of the custom upgrades available.

The Masters features a choice of three floor plans from 4,600 to 5,500 sq. ft. and Provence, Plantation and Andalusian architectural styles. The Reserve features a choice of three floor plans from 5,000 to 6,500 sq. ft. and Italian Villa, Montecito and European Country architectural styles. The Classics features a choice of three floor plans from 4,400 to 5,000 sq. ft. and Tuscan, Santa Barbara and French Country architectural styles. While The Arbors features a choice of four floor plans from 3,400 to 4,200 sq. ft. and Traditional/Farmhouse, Monterey, Craftsman and English Cottage architectural styles. Both single and two story homes are available. Lots for each neighborhood range from 10,000 to 20,000 sq. ft. and prices start in the mid $1,000,000s.

Prices and availability are subject to change without notice. For more information please call (818) 224-3694 or visit www.theoaksofcalabasas.com. Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

NEW LUXURY HOMES RELEASED AT THE OAKS - August 11, 2004
Calabasas, CA— New Millennium Homes has announced the much-anticipated release of the first phases of homes at The Masters and The Reserve, two new luxury neighborhoods at its renowned master-planned community of The Oaks of Calabasas. An additional phase at The Classics has also just been released. Rounding out the quartet of elegant new neighborhoods introduced this past spring, The Arbors offers a limited number of homes still available for sale. Models for all four neighborhoods are anticipated to open this fall.

New Millennium’s luxurious indoor/outdoor sales pavilion provides homebuyers an opulent preview of their purchase and an opportunity to relax and meet future neighbors in lush and serene surroundings. Designed to provide a unique experience in the new home purchase process, the sales pavilion offers a comfortable club atmosphere and professionally decorated vignette rooms featuring many of the custom upgrades available to buyers. A new model home complex is under construction within the pavilion grounds, and when complete, this new complex will feature 13 model homes available in one convenient location.

Award-winning Pasadena architect Adele Chang of Lim Chang Rohling and Associates has designed all four of these elegant new neighborhoods. The Masters features a choice of single or two levels, three floor plans ranging from 4,600 to 5,500 sq. ft. and Provence, Plantation and Andalusian architectural styles. The Reserve features a choice of single or two levels, three floor plans ranging from 5,000 to 6,500 sq. ft. and Italian Villa, Montecito and European Country architectural styles. The Classics features a choice of single or two levels, three floor plans ranging from 4,400 to 5,000 sq. ft. and Tuscan, Santa Barbara and French Country architectural styles. While The Arbors features a choice of single or two levels, four floor plans ranging from 3,400 to 4,200 sq. ft. and Traditional/Farmhouse, Monterey, Craftsman and English Cottage architectural styles.

Luxury and quality prevail throughout. Standard features include custom-designed, solid wood entry and French doors, high ceilings, wine storage area, central vacuum system, extensive category 5 technology wiring and top-of-the-line kitchen appliances. Custom options include staff quarters, guest suite, home theater, exercise room and library. Lots for each neighborhood range from 10,000 to 20,000 sq. ft. and prices start in the mid $1,000,000s.

Also within The Oaks, New Millennium's The Estates is currently offering homesites averaging over an acre of usable lot space for buyers wishing to design and build their own custom estate. These homesites feature breathtaking views of the surrounding Santa Monica Mountains, and each lot is sized to accommodate a spacious residence as well as outdoor amenities such as a tennis court or pool. Common areas within The Estates feature colored concrete streets and an elaborately detailed entry gate exclusively for residents of The Estates. The final phase of these custom homesites has recently been released for sale, with only a few sites remaining. Prices for The Estates sites start at $1,625,000.

Two other luxury communities currently grace The Oaks' grounds. Vintage at The Oaks by Vintage Communities is nearly sold out, but two models are still open for preview. Castille by Laing Luxury Homes is now selling with models open daily. Castille offers a choice of Santa Barbara Estate, Spanish Villa, Montecito Estate, Provence, Tuscan Villa and Old Hollywood architectural styles. Three floor plans range from 4,890 to 6,500 sq. ft. with up to 7 bedrooms. Lot sizes average 16,000 sq. ft. and prices for Castille start in the mid $1,000,000s.

With a prime location directly adjacent to the Santa Monica Mountains, The Oaks offers exquisite views, an elegant entry corridor through upscale Calabasas Park and access to the acclaimed Las Virgenes Unified School District. Located near miles of nature trails and just a short 20-minute drive to the Pacific Ocean, The Oaks' offers a multitude of outdoor recreational opportunities. Other conveniences in the surrounding area include first-class restaurants and shopping.

Prices and availability are subject to change without notice. For more information about The Masters, The Reserve, The Classics, The Arbors or The Estates, call (818) 224-3694. To reach Vintage Communities, call 818-225-7308. To reach Castille, call (818) 225-9229. Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

NEW MILLENNIUM OFFERS WELLS FARGO FLEXIBLE FINANCING PROGRAM - June 24, 2004

Calabasas, CA—New Millennium Homes has teamed with Wells Fargo Home Mortgage to offer an attractive new home financing program. The Builder BestSM program guarantees buyers current rates for up to 360 days while their home is under construction. Offering competitive interest rates and a host of flexible features, this optional program is open to buyers of New Millennium’s elegant new residences at the highly sought-after master-planned community of The Oaks of Calabasas. Four extraordinary luxury neighborhoods now taking shape include The Arbors, The Classics, The Masters and The Reserve.

“The Builder Best financing program offers our buyers long-term protection against market volatility,” said New Millennium’s CEO Louis J. Malone. “The effects of fluctuating interest rates are minimized, protecting their investment during the construction process. In addition to superior location, luxurious lifestyle and top-of-the-line amenities, access to Builder Best provides another exceptional advantage to purchasing a New Millennium home.”

Buyers are invited to preview these new neighborhoods in the lush and serene atmosphere of New Millennium’s indoor/outdoor sales pavilion, offering a truly unique experience in the new home purchase process. A main entry patio, plush clubroom and loggia with spectacular views provide the perfect setting to display many of the available standard and custom options. Within the pavilion grounds, a model home complex, featuring 13 residences representing all four neighborhoods is slated for completion in late fall 2004.

Buyers may select from numerous architectural designs and 13 floor plans. Representatives are available to answer questions, conduct tours of the grounds and provide private offices for personal one-on-one consultations. For buyers preferring to explore on their own, printed information and directional flags and banners are color-coded for each neighborhood to facilitate easy navigation around the complex.

The Arbors features a choice of single or two-levels, four floor plans ranging from 3,400 to 4,200 sq. ft. and Traditional/Farmhouse, Monterey, Craftsman and English Cottage architectural styles. The Classics features a choice of single or two-levels, three floor plans ranging from 4,400 to 5,000 sq. ft. and Tuscan, Santa Barbara and French Country architectural styles.

The Masters features a choice of single or two-levels, three floor plans ranging from 4,600 to 5,500 sq. ft. and Provence, Plantation and Andalusian architectural styles. While The Reserve features a choice of single or two-levels, three floor plans ranging from 5,000 to 6,500 sq. ft. and Italian Villa, Montecito and European Country architectural styles. Lots for each neighborhood range from 10,000 to 20,000 sq. ft. and prices start in the mid $1,000,000s. The first phases at The Arbors and The Classics have been released for sale and the first move-ins are anticipated for the first quarter of 2005. Interest lists are currently forming for each neighborhood.

With a superb, one-of-a-kind location directly adjacent to the Santa Monica Mountains, The Oaks offers exquisite views, 24-hour guard-gated security and access to the acclaimed Las Virgenes Unified School District. Amenities in the surrounding area include a multitude of recreational opportunities, first-class restaurants and shopping malls, a weekly farmer's market and major healthcare facilities.

Prices and availability are subject to change without notice. For information about The Arbors, The Classics, The Masters or The Reserve, call (818) 224-3694. For information on the Builder Best financing program, call Wells Fargo representative, Todd Silver at (805) 495-4123. Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

PAVILION PROVIDES POSH PREVIEW - June 17, 2004
Calabasas, CA—Renowned builder New Millennium Homes offers luxury homebuyers a unique preview of their purchase and an opportunity to relax and meet future neighbors in the lush and serene atmosphere of its new indoor/outdoor Sales Pavilion. Introducing four new luxury enclaves, The Arbors, The Classics, The Masters and The Reserve, New Millennium’s Sales Pavilion provides an unforgettable experience in the new home purchase process. The enclaves are situated within the Oaks of Calabasas, the highly sought-after master-planned community featuring choice locations, views and 24-hour guard-gated security.

Within the pavilion grounds, a model home complex, featuring 13 professionally decorated residences representing all four enclaves is currently under construction. Buyers may select from 39 architectural designs and 13 floor plans. Models are slated for completion in late fall 2004.

“Our savvy clients will experience incomparable choice and a beautiful and relaxing atmosphere unlike any other,” said New Millennium’s CEO Louis J. Malone. “While making decisions, buyers can sit down with a fresh-brewed cup of espresso at one of several comfortable seating areas, some offering spectacular views. Many buyers return for visits after making their purchase, commenting that they already feel at home at The Oaks.”

Visitors arriving at the hilltop pavilion are greeted by colorful flowerbeds, peaceful fountains and padded benches on the main entry patio. A topography map, brochures and available lot information are all readily available as are representatives who can answer questions, conduct tours of the pavilion grounds and provide private offices for personal one-on-one consultations. For buyers preferring to explore on their own, printed information and directional flags and banners are color-coded for each enclave to facilitate easy navigation around the complex.

Adjoining the entry patio, a clubroom offers buyers an opportunity to preview many of the standard and custom options available, including a gourmet kitchen, smooth-surfaced interior walls, and crown and door moldings. Buyers may relax on a plush sofa or chair while they peruse home blueprints or keep track of the ball game on a state-of-the-art wide-screen flat television.

Just outside the clubroom, a loggia offers additional outdoor, shaded seating and spectacular views of the surrounding countryside. Children can also enjoy a large playroom complete with DVD player.

The Arbors features a choice of single or two-levels, four floor plans ranging from 3,400 to 4,200 square feet and Traditional/Farmhouse, Monterey, Craftsman and English Cottage architectural styles. The Classics features a choice of single or two-levels, three floor plans ranging from 4,400 to 5,000 square feet and Tuscan, Santa Barbara and French Country architectural styles. The Masters features a choice of single or two-levels, three floor plans ranging from 4,600 to 5,500 square feet and Provence, Plantation and Andalusian architectural styles. While The Reserve features a choice of single or two-levels, three floor plans ranging from 5,000 to 6,500 square feet and Italian Villa, Montecito and European Country architectural styles.

Luxury and quality throughout the enclaves prevail. Standard features include custom-designed, solid wood entry and French doors, high ceilings, wine storage area, central vacuum system, extensive category 5 technology wiring and top-of-the-line kitchen appliances. Custom options include staff quarters, guest suite, home theater, exercise room and library.

The first move-ins at The Arbors and The Classics are anticipated for the first quarter of 2005, with the first move-ins at The Masters and The Reserve anticipated for the second quarter of 2005. Lots for each enclave range from 10,000 to 20,000 square feet and prices start in the mid $1,000,000s. The first phases of The Arbors and The Classics have nearly sold out and the next phase at The Arbors has just been released for sale. Interest lists for The Classics, The Masters and The Reserve are now forming.

With a prime location directly adjacent to the Santa Monica Mountains, The Oaks offers exquisite views, an elegant entry corridor through upscale Calabasas Park and access to the acclaimed Las Virgenes Unified School District. Located near miles of hiking and biking trails and just a short 20-minute drive to the Pacific Ocean, The Oaks' offers a multitude of outdoor recreational opportunities. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer's market and major healthcare facilities.

Prices and availability are subject to change without notice. For information about The Arbors, The Classics, The Masters or The Reserve, call (818) 224-3694. Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

FOUR NEW LUXURY ENCLAVES COMING TO THE OAKS - October 21, 2003
Calabasas, CA— Homebuyers are showing an enthusiastic interest in The Oaks of Calabasas, and as a result, New Millennium Homes has announced plans for additional enclaves at its 600-acre master-planned community of luxury homes and homesites. The Collection and The Classics are anticipated to be open for preview in the spring of 2004, with The Masters and The Reserve previewing in the fall of 2004. Priority lists are currently forming for each community. Located adjacent to the permanent open space of the Santa Monica Mountain Conservancy, The Oaks enjoys magnificent views and vistas, an elegant entry corridor through upscale Calabasas Park and 24-hour, guard-gated entry.

"Sales this year have surpassed $100 million, attesting to The Oaks’ popularity," said Geri Schonberg, New Millennium’s director of sales. "Astute homebuyers recognize the superior location and quality craftsmanship at The Oaks. These new enclaves will enhance The Oaks’ architectural diversity and elegant ambiance." Preliminary plans include one and two-story homes ranging from 3,400 to 6,200 sq. ft. on lots ranging from 10,000 to 15,000 sq. ft.

A variety of luxury communities grace The Oaks’ opulent grounds. Vintage at The Oaks is now forming an interest list for future releases, and the sales office and models remain open. Castille, elegant residences by Laing Luxury Homes, features up to 7 bedrooms and square footage ranging from 4,890 to 6,500. Lots average 16,000 sq. ft. with some offering exquisite views. Castille’s sales office and models are now open. Prices start in the mid $1,000,000s. New Millennium’s The Estates offers homesites to buyers wishing to design and build their own custom estate. Lots average 41,000 sq. ft., with some as large as 67,000 sq. ft. Homesites are priced from $1,130,000 to $1,500,000s.

The Oaks proximity to the ocean, mountains and nearby wilderness areas offers a multitude of outdoor recreational opportunities. Served by the acclaimed Las Virgenes Unified School District, Calabasas features a variety of amenities, such as first-class restaurants and shopping malls, a weekly farmer's market and major healthcare facilities.

Please contact Vintage at (818) 225-7308 or Castille at (818) 225-9229. For information about New Millennium’s communities please call (818) 224-3694 or visit www.theoaksofcalabasas.com.

Directions: From the 101 Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

THE OAKS ATTRACTS OVER $100 MILLION IN SALES - August 16, 2003
Calabasas, CA— Homebuyers are showing an enthusiastic interest in The Oaks of Calabasas, the 600-acre master-planned community adjacent to the Santa Monica Mountain Conservancy’s permanent open space. Continued strong sales have been reported with architectural variety, 24-hour guard gated security and excellent schools cited as key factors influencing buyers.

"Sales this year alone have surpassed $100 million, attesting to The Oaks’ popularity and fine reputation," said Geri Schonberg, New Millennium’s director of sales. "Astute homebuyers recognize the superior location and quality craftsmanship The Oaks offers."

Overlooking the charming, historic city of Calabasas, The Oaks enjoys an elegant entry route through upscale Calabasas Park. Residents enjoy oak tree-lined streets, well-maintained foliage and colorful flowerbeds that accent its spacious grounds. The Oaks’ proximity to the ocean, mountains and nearby wilderness areas offers a multitude of outdoor recreational opportunities, and the beaches of Malibu are within a 20-minute drive. Served by the acclaimed Las Virgenes Unified School District, Calabasas is also within commuting distance to several accredited institutions of higher learning. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer’s market, numerous places of worship and major healthcare facilities.

A variety of luxury communities currently grace The Oaks’ opulent grounds. The Manors and Vintage at The Oaks have recently sold out of their original phases of homes. Both communities are currently forming interest lists for the future release of additional homes. Vintage’s sales office and models remain open daily. Currently selling are Castille, elegant residences by Laing Luxury Homes, and New Millennium’s The Estates offering homesites to buyers wishing to design and build their own custom estate.

Now celebrating the grand opening of its sales office and three professionally decorated models, Castille, features spectacular floor plans and exterior styles designed by Robert Hidey Architects of Irvine. Santa Barbara Estate, Spanish Villa, Montecito Estate, Provence, Tuscan Villa and Old Hollywood architectural styles are offered in three floor plans that range from 4,890 to 6,500 sq. ft. To make their homes unique, buyers may choose from a broad range of personalized upgrades and options with help from a designer at the Castille design studio. Lot sizes average 16,000 sq. ft. allowing ample opportunity for outdoor living. Prices are anticipated to start in the mid $1,000,000s.

In just five weeks, The Estates has sold 25 of the initial 55 lots released for sale. These homesites average 41,000 sq. ft. of usable lot space, with some as large as 67,000 sq. ft. Plans for the common areas include colored concrete streets and an elaborately detailed entry gate exclusively for residents of The Estates. Homesite prices range from $1,130,000 to $1,500,000’s.

New Millennium has announced plans for additional luxury enclaves that will further enhance the community’s architectural diversity and elegant ambiance. Tentative plans include single and two-level floor plans ranging from 3,300 to 6,200 sq. ft. on lot sizes ranging from 10,000 to 15,000 sq. ft. A variety of architectural styles are planned including Spanish Colonial, English Cottage, Italian Villa, European Country and Santa Barbara, among others. These additional communities are expected to break ground in the spring of 2004.

For information on The Estates, The Manors or future enclaves at The Oaks, call (818) 224-3694. Contact Vintage at (818) 225-7308 or Castille at (818) 225-9229. For additional information please visit www.theoaksofcalabasas.com.
Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

INTEREST REMAINS STRONG AT THE MANORS - NEW PHASE RELEASED
Calabasas, CA - New Millennium Homes has reported continued strong interest and sales of its luxury residences at The Manors. An initial release of 22 homes and 9 within the second release of 13 homes have already sold, and the final phase of 12 homes has just been released for sale. Located within The Oaks of Calabasas, New Millennium Homes' 600-acre master-planned community, The Manors recently received a 2002 Pacific Coast Builders Conference Gold Nugget Merit Award and a 2002 Building Industry Association Elan Award for architectural design.

The Manors offers a collection of four European-inspired architectural styles with several innovative floor plans featuring luxurious amenities and conveniences tailored to the exquisite geographic location and Southern California lifestyle.

"The Manors' first two phases of homes sold relatively quickly and we expect the final phase to generate a comparable amount of interest," said Geri Schonberg, New Millenniums director of sales. "The top-notch location, sophisticated design and fine craftsmanship of these homes are some of the main factors that have motivated our buyers."

Nestled in the spectacular foothills of the Santa Monica Mountains, The Manors offers a wide range of lot sizes and stunning views and vistas of the surrounding hills, canyons and countryside. Homebuyers may select from French Country, Italianate, Spanish Colonial and Traditional styles in a vast array of exterior colors and elevations. These single- and two-story residences range from 4,473 to 5,700 square feet with up to 5 bedrooms and 5 3/4 baths. Prices start in the $1,300,000s.

Designed by Adele Chang of Pasadena's Lim Chang Rohling & Associates, The Manors joins a long list of the internationally renowned architect's impressive projects. In addition to her design award for The Manors, Chang's accomplishments in the U.S. include the 2002 Gold Nugget Residential Project of the Year Grand Award for Anoakia Estates in Arcadia, as well as the award-winning Santa Venetia in Irvine and the Tustin Ranch Estates in Tustin. Internationally, Chang designed the 30-story Walsin Tower currently under construction in Taipei, Taiwan.

Incorporated into The Manors' designs are unique, quality features to delight a variety of personal tastes, such as the distinctive, finely detailed, smooth stucco exterior finish. Additional amenities include marble countertops in the master bathrooms, wood-burning fireplaces in outdoor courtyards and top-of-the-line appliances. A wide range of quality upgrades provides buyers an opportunity to individualize their new luxury residence. Custom options such as a guest suite, staff quarters, exercise room with sauna, game room and terrace are available.

The Manors is one of a limited number of premier communities currently under development at The Oaks of Calabasas. The Oaks enjoys an elegant entry corridor through upscale Calabasas Park, leading to an impressive 24-hour guarded gate that opens to Majestic Oak tree-lined streets, expansive lawns and colorful flowerbeds.

Located in the historic city of Calabasas, the proximity to the mountains, ocean and nearby wilderness areas offers a variety of outdoor recreational opportunities. Other amenities in the surrounding area include first-class restaurants, shopping malls and major healthcare facilities. Calabasas is also served by the acclaimed Las Virgenes Unified School District and is within commuting distance to numerous accredited universities.

The Manors' sales office and models are open daily from 10:00 a.m. to 5:00 p.m. For more information, call (818) 224-3694 or visit www.theoaksofcalabasas.com.
Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

The Manors

4,473 to 5,700 square feet
Up to 5 bedrooms
Up to 5 3/4 bathrooms
From $1,300,000s

LUXURIOUS RESIDENCES FEATURED AT THE OAKS OF CALABASAS - January 6, 2003
Calabasas, CA - New Millennium Homes invites homebuyers to experience graceful ambiance at the Oaks of Calabasas, its 600-acre master planned community of new luxury residences. Each residence features quality craftsmanship, first-class amenities and exquisite architectural detail. A benchmark for building excellence, the Oaks enjoys a graceful entry through upscale Calabasas Park, a spectacular mountain setting, Majestic oak tree-lined streets and acres of lush, natural foliage and flowers.

"The fine architecture, landscaping and dramatic mountain backdrop create a stunning and elegant atmosphere," said Geri Schonberg, New Millennium's director of sales. "Whether they prefer lots of activity and entertaining or a scenic, tranquil retreat, discriminating homebuyers will appreciate the luxurious lifestyle available to them at The Oaks."

The Oaks is located adjacent to the Santa Monica Mountain Conservancy's permanent and pristine open space. Its proximity to the ocean, mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities. Served by the acclaimed Las Virgenes Unified School District, Calabasas is also within commuting distance to numerous accredited universities. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer's market, numerous places of worship and major healthcare facilities.

From its 24-hour, guard-gated entry to its well-appointed grounds, residents experience an incomparable lifestyle and unsurpassed elegance at The Oaks. This premiere community offers a variety of distinctive neighborhoods to choose from, all featuring a wide range of architectural styles, floor plans and custom options, with some home sites featuring exquisite views.

New Millennium Homes, which is overseeing development of The Oaks community, is also constructing The Manors luxury homes designed by Pasadena's award-winning architect Adele Chang of Lim Chang Rohling & Associates. New Millennium has recently released additional home sites that are currently available for sale, with some featuring exquisite views. The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,700 square feet with up to 5 bedrooms and 5 3/4 baths. Prices for The Manors start in the $1,200,000s and models are currently open for viewing.

Vintage at The Oaks by Costa Mesa-based Vintage Communities offers homes designed by Bassenian/Lagoni Architects of Newport Beach. Vintage features a selection of American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles. Four floor plans range in size from 3,554 to 4,367 square feet with up to 5 bedrooms and 4 1/2 baths. Sites measure approximately 12,000 square feet, with prices starting just under $1,000,000. Currently selling, four elegant new models are now open for viewing.

Newport Beach-based The Luxury Group of John Laing Homes features Castille, 21 new homes designed by Robert Hidey Architects of Irvine. These residences offer a choice of Santa Barbara, Provance, Italian Country and Old Hollywood architectural styles. Three floor plans range from 4,800 to 6,200 square feet with up to 8 bedrooms and 6 1/2 baths. To make their homes unique, buyers may choose from a broad range of personalized upgrades and options. Lot sizes average 16,000 square feet allowing ample room for a pool, spa or private garden. Residences at Castille are priced from $1,300,000 and models are expected to open this summer.

Please contact The Manors at (818) 224-3694, Vintage at (818) 225-7308, or Castille at (818) 225-9229. For additional information please visit www.theoaksofcalabasas.com.

Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

NEW COMMUNITY TO OPEN AT THE OAKS OF CALABASAS - December 10, 2002
Calabasas, CA- The Oaks of Calabasas is preparing for the Grand Opening of its newest community of luxury homes, Vintage at The Oaks. This highly anticipated event will be held on January 11th, and will feature the debut of four elegantly decorated models. Designed by the Costa Mesa-based Vintage Communities team in collaboration with the award-winning firm of Bassenian/Lagoni Architects of Newport Beach, Vintage at The Oaks features a selection of American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles. Four floor plans range in size from 3,554 to 4,367 sq. ft. with up to 5 bedrooms and 4 3/4 baths. View oriented sites average approximately 12,000 sq. ft. with ample space for pools, entertainment patios and children's play areas. Prices start from just over $1,000,000.

Stunning mountain peaks, scenic canyons and lush foliage provide a spectacular backdrop for The Oaks of Calabasas, New Millennium Homes' 600-acre master-planned community of luxury residences. Located adjacent to the Santa Monica Mountain Conservancy's pristine and permanent open space, The Oaks enjoys magnificent views and vistas and the calm tranquility of a country retreat. Inside the privacy of its 24-hour guarded gates, mature Majestic Oak tree-lined streets, natural landscaping and colorful flowerbeds accent the spacious grounds.

"The Oaks combines a beautiful geographic setting and convenient access to all the amenities of a major metropolitan area. The elegant entry corridor through upscale Calabasas Park and the acres of permanent open space surrounding The Oaks, place it among the most desired communities in the area," said Lou Malone, President of New Millennium Homes.

Overlooking the charming, historic city of Calabasas, The Oaks' proximity to the ocean, mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities, including miles of hiking, biking and equestrian trails. Neighboring The Oaks is the private Calabasas Country Club featuring an 18-hole golf course, and the pristine beaches of Malibu are within a short, 20-minute drive.

The Oaks community also features The Manors, New Millennium's luxury homes designed by Pasadena architect Adele Chang of Lim Chang Rohling & Associates. The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,700 sq. ft. with up to 5 bedrooms and 5 3/4 baths, with some lots featuring exquisite views. Prices for The Manors start at $1,244,000 and models are currently open for viewing.

Newport Beach-based John Laing Homes Luxury Group features Castille, luxury homes designed by Robert Hidey Architects of Irvine. These residences offer a choice of Santa Barbara, Provance, Italian Country and Old Hollywood architectural styles. Three floor plans range from 4,800 to 6,200 sq. ft. with up to 8 bedrooms and 6 1/2 baths. To make their homes unique, buyers may choose from a broad range of personalized upgrades and options. Lot sizes average 16,000 sq. ft. allowing ample room for a pool, spa or private garden, with many featuring views of the surrounding area. Residences at Castille are priced from $1,300,000 and models are expected to open in the summer of 2003.

Please contact The Manors at (818) 224-3694, Vintage at (818) 225-7308, or Castille at (818) 225-9229. For more information please visit www.theoaksofcalabasas.com.

Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

THE MANORS' AWARD-WINNING DESIGN DRAWS HOMEBUYERS - November 15, 2002
Calabasas, CA - Award-winning design and distinctive, European architectural styles are a major draw for homebuyers at The Manors at The Oaks of Calabasas. New Millennium Homes' community of luxury residences has been honored by the Building Industry Association with the 2002 Elan Award for best design of a detached home over 3,500 square feet for its Plan 1. The Manors also received a Gold Nugget Award of Merit at the 2002 Pacific Coast Builders Conference for best single-family detached home over 5,000 sq. ft. for its Plan 2.

"In addition to the innovative floor plans, homebuyers have also cited The Manors' spectacular mountain setting, excellent schools and upscale surrounding neighborhoods as major motivating factors," said Geri Schonberg, New Millennium's director of sales.

Located adjacent to the scenic Santa Monica Mountain Conservancy's acres of permanent open space, The Oaks of Calabasas enjoys an elegant entry corridor through Calabasas Park and is served by the acclaimed Los Virgenes School District. Other prime amenities in the area include a variety of outdoor recreational opportunities, first-class restaurants, shopping malls, and major healthcare facilities.

The Manors' award-winning designs are the work of renowned international architect, Adele Chang of Pasadena's Lim Chang Rohling & Associates. Chang received her architecture degree from California Polytechnic University, Pomona and founded her own firm in 1989. She is the recipient of numerous Pacific Coast Builders Conference Gold Nugget Awards, among others.

Chang's accomplishments in the U.S. include award-winning Santa Venetia in Irvine, the Tustin Ranch Estates in Tustin and La Vina Estates in Alta Dena. She has also designed numerous private estates in Beverly Hills, Palm Desert, Palos Verdes and San Marino. International accomplishments include the 30-story Walsin Tower currently under construction in Taipei, Taiwan.

The Manors offers four classic architectural designs including French Country, Italianate, Spanish Colonial and Traditional styles. Single- and two-story residences in this 24-hour guard gated community range in size from 4,473 to 5,700 square feet. Prices start from the $1,200,000s.

The Manors' sales office and models are open daily from 10:00 a.m. to 5:00 p.m. For more information, call (818) 224-3694 or visit www.theoaksofcalabasas.com.

Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.

HIGH RANKING SCHOOLS OFFER ALTERNATIVE TO PRIVATE EDUCATION - March 6, 2002
Calabasas, CA - The Las Virgenes School District that serves The Oaks of Calabasas, New Millennium Homes' 600-acre master-planned community of luxury residences, ranks academically as one of the best school districts within Los Angeles County, as indicated by a recent Academic Performance Index. District schools also rank in the top half percentile of academic achievement within California and the country, according to the Spring, 2001 Stanford 9 Achievement Test percentile ranks. In addition, 12 out of the total 13 schools have received California or National School Recognition Program awards.

"Besides location, the quality of an area's public education system is one of the most significant factors to consider when choosing a home," said Lou Malone, New Millennium's president. "The outstanding Las Virgenes District schools that serve The Oaks are a reliable and academically sound alternative to private schools. The cost of private school can cost upwards of $12,000 per year, per child. Las Virgenes schools offer families an opportunity to save as much as $288,000 for two children over the course of a 12-year education. That's a substantial sum that could be saved for college or other expenses."

Located adjacent to the Santa Monica Mountain Conservancy's permanent open space, The Oaks overlooks the historic city of Calabasas and enjoys magnificent views and vistas of the mountains and surrounding countryside. Inside its 24-hour guarded gates, Majestic Oak tree-lined streets, natural landscaping and colorful flowerbeds accent the grounds. The Oaks' proximity to the mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities. Currently, The Oaks is offering estate-style residences in three luxurious communities-The Manors, Spyglass and Vintage at The Oaks.

In addition to overseeing development of The Oaks, New Millennium is constructing The Manors, 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,834 square feet with up to 5 bedrooms and 5 3/4 baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,170,000.

London-based Taylor Woodrow Homes, Inc. will construct Spyglass' 36 residences designed by Ade Collie and EBTA Architects of Irvine. Spyglass offers Santa Barbara, Italian Country and American Traditional architectural styles. Three floor plans range from 4,692 to 5,552 square feet with up to 7 bedrooms and 7 1/2 baths. Generously proportioned sites average 1/4 acre. Prices for Spyglass start at $1,500,000.

Costa Mesa-based Vintage Communities, Inc. will construct 54 residences at Vintage at The Oaks. Designed by Bassenian/Lagoni Architects of Newport Beach, Vintage offers American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles. Four floor plans range from 3,554 to 4,367 square feet with up to 5 bedrooms and 4 1/2 baths. Sites measure approximately 12,000 square feet. Prices for Vintage start in the $900,000s.

The Manors' models and sales office are open daily from 10:00 a.m. to 5:00 p.m. The Spyglass interim sales office is open Tuesday through Sunday from 10:00 a.m. to 5:00 p.m., and Monday from 2:00 p.m. to 5:00 p.m. Vintage's interim sales office is open Thursday through Monday from 11:00 a.m. to 6:00 p.m. Models for both Spyglass and Vintage will open this Spring. Please contact The Manors at (818) 224-3694. Spyglass may be reached at (818) 591-2993. Vintage at the Oaks may be reached at (818) 225-7308. For more information please visit www.theoaksofcalabasas.com.

The Manors

4,473 to 5,834 square feet
Up to 5 bedrooms
Up to 5 3/4 bathrooms
From $1,170,000

Spyglass

4,692 to 5,552 square feet
Up to 7 bedrooms
Up to 7 1/2 bathrooms
From $1,500,000

Vintage at The Oaks

3,554 to 4,367 square feet
Up to 5 bedrooms
Up to 4 1/2 bathrooms
In the $900,000s

EXQUISITE SETTING ENHANCES LUXURY RESIDENCES - February 28, 2002
Calabasas, CA -Stunning mountain peaks, scenic canyons and lush foliage provide a spectacular backdrop for The Oaks of Calabasas, New Millennium Homes' 600-acre master-planned community of luxury residences. Located adjacent to the Santa Monica Mountain Conservancy's pristine and permanent open space, The Oaks enjoys magnificent views and vistas and the calm tranquility of a country retreat. Inside its 24-hour guarded gates, mature Majestic Oak tree-lined streets, natural landscaping and colorful flowerbeds accent the spacious grounds.

"Location is an important factor any homebuyer should consider," said Lou Malone, New Millennium's President. "The Oaks combines a beautiful geographic setting with convenient access to all the amenities of a major metropolitan area. The elegant entry corridor through upscale Calabasas Park and the permanent open space surrounding The Oaks are major draws."

Served by the acclaimed Las Virgenes Unified School District, Calabasas is also within commuting distance to numerous accredited universities. Other conveniences in the surrounding area include first-class restaurants, outdoor cafes and shopping malls, a weekly farmer's market and major healthcare facilities. Nearby freeways provide access to all the major business districts, entertainment and cultural centers of the greater Los Angeles area.

In addition to overseeing development of The Oaks, New Millennium is constructing The Manors, 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. Currently viewing, The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,834 square feet with up to 5 bedrooms and 5 3/4 baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,270,000.

London-based Taylor Woodrow Homes, Inc. will construct Spyglass, 36 residences designed by Ade Collie and EBTA Architects of Irvine. Currently previewing, Spyglass offers Santa Barbara, Italian Country and American Traditional architectural styles. Three floor plans range from 4,692 to 5,552 square feet with up to 7 bedrooms and 7 1/2 baths. Generously proportioned sites average approximately 1/4 acre. Anticipated prices for Spyglass will start at $1,500,000.

Costa Mesa-based Vintage Communities, Inc. will construct Vintage at The Oaks, 54 residences designed by Bassenian/Lagoni Architects of Newport Beach. Slated to preview in Spring 2002, Vintage will offer homebuyers a selection of American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles. Four floor plans will range from 3,554 to 4,367 square feet with up to 5 bedrooms and 4 1/2 baths. Sites measure approximately 12,000 square feet. Prices for Vintage will start in the $900,000s.

The Manors' models and sales office are open daily from 10:00 a.m. to 5:00 p.m. The interim sales office for Spyglass is open Tuesday through Sunday from 10:00 a.m. to 5:00 p.m., and Monday from 2:00 p.m. to 5:00 p.m. The interim sales office for Vintage is open Thursday through Monday from 11:00 a.m. to 6:00 p.m. Models for both Spyglass and Vintage will be open this Spring. Please contact The Manors at (818) 224-3694; Spyglass may be reached at (800) 474-3222; and Vintage at the Oaks may be reached at (949) 253-7100. For more information please visit www.theoaksofcalabasas.com.

UPSCALE ENVIRONS PROVIDE ELEGANT ENTRY TO LUXURY RESIDENCES - February 28, 2002
Calabasas, CA - Sculpted fountains, manicured landscaping and towering trees line the drive to The Oaks of Calabasas, New Millennium Homes' 600-acre master-planned community of luxury residences. Homeowners enjoy easy freeway access, nearby restaurants and shopping areas of Calabasas, the well-maintained corridor winds up toward the scenic mountains, past upscale residential communities and attractive country club grounds presenting a consistent, elegant look and feel leading to The Oaks entry gate and beyond.

"The surrounding area's attractiveness and uniformity adds to the overall ambiance of The Oaks," said New Millennium's President Lou Malone.

Located adjacent to the Santa Monica Mountain Conservancy's permanent and pristine open space, The Oaks' 24-hour, guard-gated community of single- and two-level luxury residences offers a wide range of architectural styles, floor plans and magnificent mountain views and vistas. Inside the gates, mature Majestic Oak tree-lined streets, natural foliage and colorful flowerbeds accent the spacious grounds.

The Oaks' proximity to the ocean, mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities. Served by the acclaimed Las Virgenes Unified School District, Calabasas is also within commuting distance to numerous accredited universities. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer's market, numerous places of worship and major healthcare facilities.

In addition to overseeing development of The Oaks, New Millennium is constructing The Manors, 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. Currently viewing, The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,834 square feet with up to 5 bedrooms and 5 3/4 baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,170,000.

The Manors' models and sales office are open daily from 10:00 a.m. to 5:00 p.m. The interim sales office for Spyglass is open Tuesday through Sunday from 10:00 a.m. to 5:00 p.m., and Monday from 2:00 p.m. to 5:00 p.m. The interim sales office for Vintage is open Thursday through Monday from 11:00 a.m. to 6:00 p.m. Models for both Spyglass and Vintage will be open this Spring. Please contact The Manors at (818) 224-3694. Spyglass may be reached at (818) 591-2993. Vintage at the Oaks may be reached at (818) 225-7308. For more information please visit www.theoaksofcalabasas.com.

LUXURY RESIDENCES OFFER ATTRACTIVE INVESTMENT OPPORTUNITY - January 7, 2002
Calabasas, CA - New luxury homes at The Oaks of Calabasas, a 600-acre master-planned community developed and managed by New Millennium Homes, include a host of amenities and quality craftsmanship that offer an attractive investment opportunity. In addition to its prime Calabasas Park location adjacent to the Santa Monica Mountain Conservancy's permanent open space, The Oaks is served by the acclaimed Las Virgenes Unified School District.

"Resale values of existing luxury homes in the community have increased almost 70 percent in just five years," said New Millennium's President Lou Malone. "We believe owning a luxury residence at The Oaks represents one of the most sound and enjoyable investments a discerning individual can make."

Twenty-three luxury homes were originally built at The Oaks in 1997 and sold at an average price of $700,000. Five of these homes have since been resold at an average selling price of $1,191,400.

Located in the charming, historic city of Calabasas, The Oaks' 24-hour, guard-gated community of single- and two-level luxury residences offers a wide range of architectural styles, floor plans and magnificent mountain views and vistas.

The Oaks' proximity to the ocean, mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities. In addition to being served by the acclaimed Las Virgenes Unified School District, The Oaks is also within commuting distance to numerous accredited universities. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer's market, numerous places of worship and major healthcare facilities.

New Millennium Homes, which is overseeing development of The Oaks community, is also constructing The Manors, 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. Currently viewing, The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles. Four floor plans range from 4,473 to 5,834 square feet with up to 5 bedrooms and 5 3/4 baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,170,000.

London-based Taylor Woodrow Homes, Inc. will feature Spyglass, 36 residences designed by Ade Collie and EBTA Architects of Irvine. Currently open for preview, Spyglass offers Santa Barbara, Italian Country and American Traditional architectural styles. Three floor plans range from 4,692 to 5,552 square feet with up to 7 bedrooms and 7 1/2 baths. Generously proportioned sites average approximately 1/4 acre. Anticipated prices for Spyglass will start at $1,400,000.

Costa Mesa-based Vintage Communities, Inc. will feature Vintage at The Oaks, 54 residences designed by Bassenian/Lagoni Architects of Newport Beach. Now open for preview, Vintage offers homebuyers a selection of American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles. Four floor plans will range from 3,554 to 4,367 square feet with up to 5 bedrooms and 4 3/4 baths. Sites measure approximately 12,000 square feet. Prices for Vintage will start under $1,000,000.

VINTAGE COMMUNITIES JOINS THE OAKS OF CALABASAS' ROSTER OF LUXURY HOMEBUILDERS - September 14, 2001
Calabasas, CA - New Millennium Homes is pleased to announce the addition of a new luxury homebuilder at The Oaks of Calabasas, its 600-acre master-planned community adjacent to the scenic Santa Monica Mountain Conservancy. Costa Mesa-based Vintage Communities will develop Vintage at The Oaks, 54 estate-sized residences within The Oaks of Calabasas guard-gated grounds. Adding its own unique collection of European-inspired estates, Vintage joins The Oaks' other luxury communities, New Millennium's The Manors and Taylor Woodrow's Spyglass.

"Vintage's outstanding architectural styles and fine craftsmanship will further enhance the prestige and character of The Oaks," said New Millennium's President and Chief Operating Officer Lou Malone. "Its unique lot locations, floor plans and exterior designs will offer astute homebuyers an even greater choice."

Slated to break ground in November 2001, Vintage will offer a selection of French Country, Tuscany, East Coast Traditional, Federal and Americana styles designed by Bassenian Logoni Architects. Estate residences will range from 3,533 to 4,366 square feet and will include up to 5 bedrooms and up to 4 1/2 baths. Sales office and models are expected to be open in spring 2002. Prices for Vintage start under $1,000,000.

The Oaks is currently previewing The Manors and Spyglass. Overlooking the charming, historic city of Calabasas, The Oaks' highly anticipated, 24-hour guard-gated community of single- and two-level luxury residences offers a wide range of sophisticated architectural styles, innovative floor plans and magnificent mountain views and vistas. The spacious grounds are accented with mature Heritage Oak tree-lined streets, well-maintained natural foliage and colorful flowerbeds.

In addition to overseeing development of The Oaks community, New Millennium is constructing The Manors' 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. London-based Taylor Woodrow Homes, Inc. will introduce Spyglass, 36 residences designed by Ade Collie and EBTA Architects of Irvine. Both enclaves provide ample lot space for a pool, spa or private garden.

The Manors offers a choice of French Country, Spanish Colonial, Italianate and Traditional architectural styles ranging from 4,473 square feet with three or four bedrooms and 3 1/2 baths to 5,834 square feet with five bedrooms and up to 5 3/4 baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,170,000.

New Millennium welcomes visitors to preview The Manors' estate sites and visit its interim sales office. Four professionally decorated model homes and sales office are currently under construction at The Manors with the grand opening celebration scheduled for the weekend of October 13-14. Spyglass offers a choice of Santa Barbara, Italian Country and American Traditional architectural styles ranging from 4,692 square feet with 4 bedrooms and 4 1/2 baths to 5,552 square feet with 5 bedrooms and 5 1/2 baths. Generously proportioned sites average approximately 1/4 acre. Anticipated prices for Spyglass will start at $1,300,000.

Taylor Woodrow invites buyers to preview Spyglass estate sites. Professionally decorated models and a Spyglass sales office are due for completion in spring 2002.

Located in the city of Calabasas, The Oaks enjoys a well-established infrastructure. The city's proximity to the mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities, including miles of hiking, biking and equestrian trails. Neighboring The Oaks is the private Calabasas Country Club featuring an 18-hole golf course, and the pristine beaches of Malibu are within a short, 20-minute drive. Served by the acclaimed Las Virgenes Unified School District, Calabasas is also within commuting distance to accredited universities, such as Pepperdine, CSU Northridge, UCLA, USC, Cal Lutheran and Pierce Community College.

Other conveniences in the surrounding area of Calabasas include first-class restaurants and shopping malls, a weekly farmer's market, numerous places of worship and major healthcare facilities. Nearby freeways allow convenient accessibility to all the major business districts, entertainment and cultural centers of the greater Los Angeles area.

The Manors interim sales office is open daily from 10:00 a.m. to 5:00 p.m. New Home Consultants, Royette Hellebrand and Geri Schonberg are available to answer questions and assist interested buyers with advance purchase information. Contact The Manors at (818) 224-3694 or visit www.theoaksofcalabasas.com. New home consultants for Spyglass may be reached at (800) 474-3222 or visit www.taylorwoodrow.com. For more information on Vintage at the Oaks of Calabasas, call (714) 825-1750, extension 136.

To visit The Oaks of Calabasas, drive north on the 101 Ventura Freeway from the 405 Freeway or south on the 101 Ventura Freeway from the Conejo Valley and exit at Parkway Calabasas. Proceed south on Parkway Calabasas toward the mountains and drive approximately three
miles to The Oaks gated entry.

GRAND OPENING NEARS FOR PRESTIGIOUS ESTATES - August 31, 2001
Calabasas, CA - New Millennium Homes announced the imminent grand opening of its first prestigious enclave of luxury estate residences at The Oaks of Calabasas, the 600-acre master-planned community adjacent to the scenic Santa Monica Mountain Conservancy.

Currently previewing, The Oaks will kick off the grand opening of The Manors in October,
followed by the grand opening of Taylor Woodrow's Spyglass in Spring 2002.

"The Oaks offers an outstanding selection of estates designed to reflect prestige combined with comfort and convenience," said New Millennium's President and COO Lou Malone. "These well-appointed residences provide an attractive blend of distinctive opulence and practicality with a stunningly beautiful, yet convenient location."

Overlooking the charming, historic city of Calabasas, this highly anticipated, 24-hour guard-gated community of single- and two-level estate-sized residences offers a wide range of sophisticated architectural styles, innovative floor plans and magnificent mountain views and vistas. The spacious grounds are accented with mature Heritage Oak tree-lined streets, well-maintained natural foliage and colorful flowerbeds.

In addition to overseeing development of The Oaks community, New Millennium is constructing The Manors' 27 luxury residences designed by renowned Pasadena architect Adele Chang of Lim Chang Rohling & Associates. London-based Taylor Woodrow Homes, Inc. is the latest company to join The Oaks as one of this community's world-class builders. Recognized and acclaimed for its luxury homes, Taylor Woodrow will introduce Spyglass, 36 residences designed by Ade Collie and EBTA Architects of Irvine. Both enclaves provide ample lot space for a pool, spa or private garden.

The Manors offers a choice of French Country, Spanish Colonial, Italianate and Traditional architectural styles ranging from 4,473 square feet with three or four bedrooms and 3 - baths to 4,834 square feet with five bedrooms and up to 5 - baths. The sites feature 12,000 to 24,000 square feet of usable lot space. Prices for The Manors start at $1,170,000.

New Millennium welcomes visitors to preview The Manors' estate sites and visit the interim sales office. Four professionally decorated model homes are currently under construction at The Manors with anticipated completion by Fall 2001.

Spyglass offers a choice of Santa Barbara, Italian Country and American Traditional architectural styles ranging from 4,692 square feet with 4 bedrooms and 4 1/2 baths to 5,552 square feet with 5 bedrooms and 5 1/2 baths. Generously proportioned sites average approximately 1/4 acre. Anticipated prices for Spyglass start at $1,300,000.

Taylor Woodrow invites visitors to preview Spyglass estate sites. An interim sales office for Spyglass is anticipated to be open in Winter 2002, with models expected to be completed in Spring 2002.

The Manors interim sales office is open daily from 10:00 a.m. to 5:00 p.m. New Home Consultants, Royette Hellebrand and Geri Schonberg are available to answer questions and assist interested buyers with advance purchase information. For more information on The Manors, call (818) 224-3694 or visit www.theoaksofcalabasas.com. For more information on Spyglass, call (800) 474-3222 or visit www.taylorwoodrow.com

NEW MILLENNIUM HOMES ANNOUNCES TWO NEW DEVELOPMENTS AT THE OAKS OF CALABASAS - April 2, 2001
Calabasas, CA - New Millennium Homes is pleased to announce two prestigious new developments within The Oaks of Calabasas, their 600-acre master-planned community nestled in the serene foothills of the Santa Monica Mountains. Coupling sophisticated architecture and innovative floorplans with magnificent views and Heritage Oak-lined streets, this highly anticipated guard-gated enclave of luxurious single- and two-story estate-sized homes offers a grand sense of elegance from the outside in.

Taylor Woodrow Homes, Inc., an international leader in residential design and construction, is the latest company to join The Oaks as one of this community's world-class builders. Recognized and acclaimed for their luxury homes, Taylor Woodrow introduces a stunning collection of 36 single- and two-story, estate-style homes ranging from 4,651 - 5,399 square feet. Available in a variety of floor plans and elevations, these homes afford some incredible views, with prices anticipated to be from $1.5 million. Elegantly appointed, these homes are rich in color and crafted with select materials, inherent of the eclectic architectural character. An on-site sales information center is anticipated to open for pre-model previewing beginning early fall, with models expected to be complete in winter 2002.

In addition to overseeing development of The Oaks community, New Millennium is also building homes in an area of The Oaks. This elegant new group of luxury homes called The Manors represents the latest estate-style residences from renowned architect Adele Chang, of Lim Chang Rohling & Associates. European sophistication and distinction abound in four exquisite floor plans that include French Country, Spanish Colonial, Italianate and Traditional elevations, ranging from 4,473 - 5,834 square feet. Available in both single- and two-story homes, prices for The Manors start in the low $1,000,000s. Prospective homeowners can preview this exciting opportunity at the newly opened, on-site interim sales office, with models expected to be complete this summer.

Expected to be one of the most sought after locations in the Valley, The Oaks of Calabasas' breath-taking backdrop and the privacy of a guard-gated community offers residents a superior value, prestige and quality of life. Homeowners will enjoy the Heritage Oak-lined streets, breathtaking views and the abundant open space of the adjacent Santa Monica Mountains with miles of hiking, biking and horseback trails located virtually in their own backyards. In addition, The Oaks is conveniently located just a short 20-minute drive from the pristine beaches of Malibu.

Situated in an area well known for its affluence, The City of Calabasas is also rich in history. In fact, from the Chumash Indians, to the first settlers to arrive in covered wagons, to the arrival of the Pony express, Calabasas has long been appreciated as an enchanting location that offers a superior quality of life.

The first Calabasas high school was built in 1880 and served as part of what is now the highly acclaimed Las Virgenes Unified School District, which features six educational facilities located throughout the City including four elementary schools, a middle school and Calabasas High School. Other well-regarded educational institutions within driving distance include accredited universities such as Pepperdine, CSU Northridge, UCLA, USC, Cal Lutheran and Pierce Community College.

Other nearby conveniences include the Warner Center, a public library, numerous places of worship, shopping centers, The Commons, healthcare facilities, restaurants, as well as various employment opportunities and business possibilities. There's even an Old Town Calabasas farmer's market on Saturday mornings for fresh fruits, vegetables and flowers.

Accessibility to freeways will no doubt be an asset to the commuter, and state-of-the-art entertainment venues, nearby city and state parks, and outstanding golf courses are features for all types of recreation seekers.

For more information on how you can take advantage of the exciting opportunity at The Oaks of Calabasas, please call 1-888-808-OAKS or visit us on the Web at www.theoaksofcalabasas.com.

Directions: From the 101 freeway, exit Parkway Calabasas and turn south. Proceed approximately 3 miles to the gated-entry.

NEW MILLENNIUM HOMES BEGINS GRADING ON NEXT PHASE AT THE OAKS OF CALABASAS - June 21, 2000
Calabasas, CA - New Millennium Homes is pleased to announce that they have begun grading on 118 lots of their exquisite new master-planned community, The Oaks of Calabasas. Upon completion, the guard-gated enclave of 550 upscale residences is expected to include homes ranging from 4,000 to over 6,000 square feet, with a variety of sophisticated architectural styles and dramatic, innovative floor plans to choose from. Models are currently in the planning stage with completion expected in the second quarter of next year.

New Millennium Homes will be playing dual roles in this exciting new development, as both Master and Merchant builder. In this dual role, New Millennium will oversee development of the community, in addition to building their own product, with homes expected to be from 4,500 to 5,500 square feet. Several other prominent developers are expected to construct homes within the 600-acre site. "We're very excited to be moving forward with this unique master planned community," states Lou Malone, New Millennium's Executive Vice President. "It's not often that we find a development that is as beautifully situated as The Oaks. We've retained Adele Chang of Lim Chang Rohling & Associates to develop four unique floorplans to be featured in our homes."

Nestled amongst the beautiful scenery and rolling hills of the Santa Monica mountains in the serene and affluent city of Calabasas, The Oaks is expected to be one of the Valley's most sought after locations, offering great value, prestige and quality of life. Homeowners will enjoy the Heritage Oak lined streets, breathtaking views and abundant open space with miles of hiking, biking and horseback trails located virtually in their own backyards.

In addition to offering beautiful homes and the privacy of a guard-gated community, The Oaks is located in the highly acclaimed Las Virgenes Unified School District and features six educational facilities located throughout the city of Calabasas - four elementary schools, a middle school and Calabasas High School. Calabasas is also within convenient driving distance of accredited universities including Pepperdine University, California State University Northridge, UCLA, USC, California Lutheran University and Pierce Community College.

Nearby conveniences include the Warner Center, a public library, numerous places of worship, shopping centers, The Commons, healthcare facilities, restaurants, as well as various employment opportunities and business possibilities. And you may visit Old Town Calabasas' farmer's market on Saturday mornings for fresh fruits and vegetables.

For more information about the exciting new community, The Oaks of Calabasas, or to be placed on our interest list, please call 1-888-808-OAKS.

Directions: From the 101 freeway, exit Parkway Calabasas and turn south. Proceed approximately 3 miles to the gated-entry.

CUSTOM HOMESITES COMING SOON TO THE OAKS OF CALABASAS Calabasas, CA — New Millennium Homes has announced the groundbreaking of 55 custom home sites at The Estates at The Oaks of Calabasas. These estate-sized lots feature an average of 41,000 sq. ft. of usable lot space, with some as large as 67,000 sq. ft. These home sites are ideal for buyers wishing to design and build their own custom estate. The Estates is the newest enclave of luxury residential sites within The Oaks’ 600-acre master planned community situated in the scenic hills above the charming, historic city of Calabasas.

"Each lot at The Estates is sized to accommodate a spacious residence as well as outdoor amenities such as a full-sized tennis court, sport court, pool, spa, putting green or formal garden," said New Millennium’s Director of Sales, Geri Schonberg. "The Estates offers a limited opportunity to a fortunate few to build their dream home in one of the most sought after locations in the San Fernando Valley."

The Estates is located along the southern edge of The Oaks of Calabasas community, and plans include colored concrete streets and an elaborately detailed entry gate exclusively for the residents of The Estates. The highlight of this additional entry will be dense planting of oak trees gracing the intricately designed entrance. Prices for The Estates custom home sites range from $700,000 to $1,400,000.

The Oaks of Calabasas is located adjacent to the Santa Monica Mountain Conservancy’s permanent and pristine open space. Its proximity to the ocean, mountains and nearby wilderness areas offers a variety of outdoor recreational opportunities. Served by the acclaimed Las Virgenes Unified School District, The Oaks is also within commuting distance to numerous accredited universities. Other conveniences in the surrounding area include first-class restaurants and shopping malls, a weekly farmer's market, numerous places of worship and major healthcare facilities.

From its 24-hour, guard-gated entry to its well-appointed grounds, residents experience an incomparable lifestyle and unsurpassed elegance at The Oaks. In addition to The Estates, The Oaks’ premiere community offers three other distinctive neighborhoods that feature luxury residences offering a wide range of architectural styles, floor plans and custom options.

New Millennium Homes, which is overseeing development of The Oaks, is also constructing The Manors. More than three-quarters of the original homes released have been sold and visitor traffic remains steady. These residences are currently available for sale, with some featuring exquisite views. The Manors offers French Country, Spanish Colonial, Italianate and Traditional architectural styles, four floor plans with up to 5,700 square feet, 5 bedrooms and 5 3/4 baths. Prices for The Manors start in the $1,300,000s and models are currently open for viewing.

Vintage Communities is offering Vintage at The Oaks, featuring a selection of American Farmhouse, Tuscany, East Coast Traditional and Federal architectural styles, four floor plans with up to 4,367 square feet, 5 bedrooms and 4 1/2 baths. Now in its third phase, prices start at just under $1,000,000 and models are currently open for viewing.

The Luxury Group of John Laing Homes is constructing Castille, featuring Santa Barbara, Provance, Italian Country and Old Hollywood architectural styles, three floor plans with up to 6,200 square feet, 8 bedrooms and 6 1/2 baths. Prices start in the mid $1,000,000s and models are expected to open in the summer of 2003.

For more information, contact The Estates or The Manors at (818) 224-3694, Vintage at (818) 225-7308, or Castille at (818) 225-9229 or visit www.theoaksofcalabasas.com.

Directions: From the 101 Ventura Freeway, exit at Parkway Calabasas and proceed south on Parkway Calabasas approximately three miles to The Oaks gated entry.