East County Business News – New homes planned in Lakeside

KB Home Coastal Inc. of Los Angeles has purchased 67 residential lots on 16.5 acres at 10025 and 10103 Ranchitos Road in Lakeside for a planned community of 67 single-family homes, according to brokerage firm Colliers International. The purchase price was $6 million and Colliers represented the seller, Loma Verde Inc. Each home is expected to have a lot size of roughly 6,000 square feet. Construction start date was not announced.