EXHIBIT 5.2


                                December 15, 2004

KB Home
10990 Wilshire Blvd.
Los Angeles, California 90024

      Re:   Registration Statements on Form S-3 (No. 333-71630 and 333-120458)


Ladies and Gentlemen:

            We have acted as special counsel to (i) KB Home, a Delaware
corporation (the "Company"), and (ii) KB Home Coastal Inc., a California
corporation, KB Home Colorado Inc., a Colorado corporation, KB Home Greater Los
Angeles Inc., a California corporation, KB Home Lone Star LP, a Texas limited
partnership, KB Home Nevada Inc., a Nevada corporation, KB Home North Bay Inc.,
a California corporation, KB Home Phoenix Inc., an Arizona corporation, and KB
Home South Bay Inc., a California corporation (collectively, the "Guarantors"),
in connection with the Company's and the Guarantors' Registration Statements on
Form S-3 (No. 333-71630 and 333-120458) (collectively, the "Registration
Statement"), filed with the Securities and Exchange Commission under the
Securities Act of 1933 for the registration of the offer and sale by the Company
and the Guarantors from time to time of up to $1,500,000,000 maximum aggregate
initial offering price of the securities listed therein.

            This opinion is intended to update the opinion we previously
delivered in connection with the initial filing of the Registration Statement
and is being delivered to you in connection with the proposed issuance of
$300,000,000 aggregate principal amount of the Company's 5-7/8% Senior Notes due
2015 (the "Notes") offered pursuant to the Underwriting Agreement, dated
December 7, 2004 (the "Underwriting Agreement"), between the Company, the
Guarantors and Credit Suisse First Boston LLC. The Notes and the Guarantees are
to be issued pursuant to an Indenture, dated as of January 28, 2004, among the
Company, the Guarantors and SunTrust Bank, as Trustee (the "Base Indenture"), a
First Supplemental Indenture, dated as of January 28, 2004, among the Company,
the Guarantors and SunTrust Bank, as Trustee (the "First Supplemental
Indenture"), and a Second Supplemental Indenture, dated as of June 30, 2004,
among the Company, the Guarantors and SunTrust Bank, as Trustee


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December 15, 2004
Page 2

(the "Second Supplemental Indenture," and together with the Base Indenture and
the First Supplemental Indenture, the "Indenture"), and the Officers'
Certificate dated December 15, 2004 establishing the form and terms of the
Notes.

            We have examined originals or copies, certified or otherwise
identified to our satisfaction, of such documents, corporate records,
certificates of public officials and other instruments as we have deemed
necessary or advisable for purposes of this opinion.

            For purposes of this opinion, we have assumed the authenticity of
all documents submitted to us as originals, the conformity to the originals of
all documents submitted to us as copies and the authenticity of the originals of
all documents submitted to us as copies. We have also assumed the genuineness of
the signatures of persons signing all documents in connection with which this
opinion is rendered, the authority of such persons signing on behalf of the
parties thereto (other than persons signing on behalf of the Company or the
Guarantors) and the due authorization, execution and delivery of all documents
by the parties thereto (other than by the Company and the Guarantors). As to any
facts material to the opinions expressed herein which we have not independently
established or verified, we have relied upon statements and representations of
officers and other representatives of the Company, the Guarantors and others.

            Our opinion expressed below is subject to the qualifications that we
express no opinion as to the applicability of, compliance with, or effect of (i)
any bankruptcy, insolvency, reorganization, fraudulent transfer, fraudulent
conveyance, moratorium or other similar law affecting the enforcement of
creditors' rights generally, (ii) general principles of equity (regardless of
whether enforcement is considered in a proceeding in equity or at law) and (iii)
public policy considerations which may limit the rights of parties to obtain
certain remedies.

            Based upon and subject to the assumptions, qualifications,
exclusions and other limitations contained in this letter, we are of the opinion
that when the Notes have been duly executed and authenticated as provided by the
Indenture and shall have been delivered against payment therefor pursuant to the
terms of the Underwriting Agreement, the Notes will constitute the valid and
binding obligation of the Company and the Guarantees will constitute the valid
and binding obligations of the Guarantors.

            We hereby confirm, based on the assumptions and subject to the
qualifications and limitations set forth therein, that the statements in the
section captioned "Material United States Federal Income Tax Considerations" in
the Prospectus Supplement, dated December 7, 2004, relating to the offering of
the Notes pursuant to the Registration Statement, to the extent that such
statements include statements of law, reflect our opinion of the material
federal income tax considerations discussed therein. No opinion is expressed on
matters other than those specifically referred to herein.

            We hereby consent to the use of this opinion as Exhibit 5.2 and
Exhibit 8.1 to the Registration Statement and to the reference to our name in
the Registration Statement. In giving


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December 15, 2004
Page 3

such consent, we do not thereby admit that we are in the category of persons
whose consent is required under Section 7 of the Act.

                                               Very truly yours,

                                               /s/ MUNGER, TOLLES & OLSON LLP

                                               MUNGER, TOLLES & OLSON LLP