Ryan Homes Announces the Grand Opening of the New Ravenna Single-Family Model Home at Crystal Lake South in Chesapeake, VA

CHESAPEAKE, Va., Oct. 12, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the Grand Opening of its new Ravenna single-family model home at Crystal Lake South in Chesapeake, Virginia. Built by NVR's Ryan Homes division, Crystal Lake South offers luxury lakefront homes just minutes from major commuter routes. Homes at Crystal Lake South are priced from the upper $290's.

Crystal Lake South offers true lakefront living with inviting views and beautiful surroundings. Located in the Western Branch area of Chesapeake with easy access to Interstates 64, 264 and 664, this waterfront community offers the best of both worlds, combining luxury with natural surroundings and everyday convenience. Homeowners enjoy freshwater fishing, canoeing, kayaking and gorgeous sunsets right in their backyard. This picturesque community features a diverse array of floorplans to suit any lifestyle, from ranch-style living and first-floor owner's suites to two-level homes with up to 6 bedrooms.

The new Ravenna model at Crystal Lake South offers all the amenities homebuyers need for a modern lifestyle in a timeless design. An optional island and large pantry provide plenty of space and storage in the eat-in kitchen. Adding the optional morning room with breakfast bar and gourmet island elevates the space into a chef's dream. Upstairs, the second-floor laundry room offers unmatched convenience while the luxury owner's suite features a massive walk-in closet and optional separate soaking tub and shower. Boasting up to 6 bedrooms and up to 4 baths, the Ravenna offers an abundance of space for homeowners to enjoy.

Like all new Ryan homes, those at Crystal Lake South are fully ENERGY STAR® Certified, yielding monthly utility bills up to 30% lower than standard homes, according to the EPA. All Ryan homes also carry 10-year structural warranties, and are independently verified for quality by a third-party inspection company.

For further information about Ryan Homes' new single-family homes at Crystal Lake South, please phone (757) 506-5853 or visit RyanHomes.com/CrystalLake. You can also "like" Ryan Homes on Facebook or visit MyRyanHome.com.

About NVR

NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and builds homes under the Ryan Homes, NVHomes and Fox Ridge Homes trade names, and operates in 27 metropolitan areas in 15 states. For more information about NVR, Inc. and its brands, see www.nvrinc.com, www.ryanhomes.com, www.nvhomes.com and www.foxridgehomes.com.

The information in this press release is subject to change and the pricing and other features of any NVR-built home will be established at the time of sale. ENERGY STAR® is a registered trademark owned by the U.S. government.