Toll Brothers Announces New Luxury Home Community Coming Soon to Encinitas, California
Toll Brothers (NYSE:TOL) has announced its new luxury home community, The Cove at Encinitas, coming to La Costa Avenue in Encinitas, California in early 2025. The exclusive neighborhood will feature 42 homes ranging from 1,600 to 4,000+ square feet, with prices starting at $3.2 million.
The homes will offer 3 to 5 bedrooms and 2.5 to 5.5 baths, featuring coastal contemporary, contemporary craftsman, and modern farmhouse architectural styles. Each residence will include open-concept layouts with spacious kitchens, great rooms, and various bonus spaces. The community will be within walking distance of South Ponto Beach and include two pocket parks.
Toll Brothers (NYSE:TOL) ha annunciato la sua nuova comunità residenziale di lusso, The Cove at Encinitas, che sorgerà su La Costa Avenue a Encinitas, California, all'inizio del 2025. Il quartiere esclusivo presenterà 42 abitazioni che vanno da 1.600 a oltre 4.000 piedi quadrati, con prezzi a partire da 3,2 milioni di dollari.
Le abitazioni offriranno da 3 a 5 camere da letto e da 2,5 a 5,5 bagni, con stili architettonici che includono il contemporaneo costiero, il craftsman contemporaneo e il modern farmhouse. Ogni residenza sarà dotata di layout a concetto aperto con cucine spaziose, soggiorni e vari spazi aggiuntivi. La comunità sarà a pochi passi dalla South Ponto Beach e includerà due parchi nascosti.
Toll Brothers (NYSE:TOL) ha anunciado su nueva comunidad de casas de lujo, The Cove at Encinitas, que llegará a La Costa Avenue en Encinitas, California, a principios de 2025. El vecindario exclusivo contará con 42 casas que van desde 1,600 hasta más de 4,000 pies cuadrados, con precios a partir de 3.2 millones de dólares.
Las casas ofrecerán de 3 a 5 dormitorios y de 2.5 a 5.5 baños, con estilos arquitectónicos que incluyen el contemporáneo costero, el craftsman contemporáneo y el farmhouse moderno. Cada residencia incluirá planos de concepto abierto con cocinas amplias, salas de estar y varios espacios adicionales. La comunidad estará a poca distancia de la playa South Ponto e incluirá dos parques pequeños.
Toll Brothers (NYSE:TOL)는 2025년 초에 캘리포니아 엔시니타스의 라코스타 애비뉴에 새 럭셔리 주택 단지인 The Cove at Encinitas를 발표했습니다. 이 독점 커뮤니티는 1,600~4,000 제곱피트의 주택 42채를 포함하며, 가격은 3.2 백만 달러부터 시작합니다.
주택은 3~5개의 침실과 2.5~5.5개의 욕실을 제공하며, 해안 현대식, 현대식 장인 스타일, 현대 농가 스타일의 건축 양식을 특징으로 합니다. 각 주거지는 넓은 주방과 훌륭한 거실, 다양한 추가 공간이 있는 개방형 레이아웃을 포함합니다. 이 커뮤니티는 사우스 폰토 해변까지 도보 거리에 있으며 두 개의 작은 공원을 포함합니다.
Toll Brothers (NYSE:TOL) a annoncé sa nouvelle communauté de maisons de luxe, The Cove at Encinitas, qui sera construite sur La Costa Avenue à Encinitas, Californie, au début de 2025. Le quartier exclusif comprendra 42 maisons allant de 1 600 à plus de 4 000 pieds carrés, avec des prix commençant à 3,2 millions de dollars.
Les maisons offriront de 3 à 5 chambres et de 2,5 à 5,5 salles de bains, avec des styles architecturaux comprenant le contemporain côtier, le craftsman contemporain et le farmhouse moderne. Chaque résidence comprendra des plans à concept ouvert avec des cuisines spacieuses, des grands salons et divers espaces supplémentaires. La communauté sera à distance de marche de la plage de South Ponto et comprendra deux parcs de poche.
Toll Brothers (NYSE:TOL) hat seine neue Luxus-Wohnanlage, The Cove at Encinitas, angekündigt, die Anfang 2025 an der La Costa Avenue in Encinitas, Kalifornien, eröffnet wird. Die exklusive Nachbarschaft wird 42 Häuser bieten, die zwischen 1.600 und über 4.000 Quadratfuß groß sind, mit Preisen ab 3,2 Millionen Dollar.
Die Häuser werden 3 bis 5 Schlafzimmer und 2,5 bis 5,5 Badezimmer bieten und architektonische Stile wie Küstenmodern, zeitgenössisches Handwerk und modernes Bauernhaus umfassen. Jede Residenz wird offene Grundrisse mit geräumigen Küchen, großen Wohnräumen und verschiedenen zusätzlichen Räumen beinhalten. Die Gemeinschaft wird nur wenige Gehminuten vom South Ponto Beach entfernt sein und zwei kleine Parks beinhalten.
- collection of 42 luxury homes indicates exclusivity and potential premium pricing
- Prime coastal location near beaches and recreational amenities adds value proposition
- Starting price point of $3.2 million suggests strong profit margins
- Customization options through Design Studio may drive additional revenue
- None.
Insights
This luxury home development in Encinitas represents a strategic expansion in the high-end California coastal market. With homes priced from
The size range of 1,600 to 4,000+ square feet with flexible layouts caters to diverse buyer preferences in the luxury segment. The walkable beach access and extensive community amenities align with current luxury real estate trends emphasizing lifestyle and wellness. This development could strengthen Toll Brothers' market position in Southern California's competitive luxury housing sector.
This development aligns with Toll Brothers' luxury market strategy and could positively impact margins. The
The Encinitas location commands premium pricing due to its coastal setting and affluent demographic profile. While the project won't materially impact TOL's overall revenues given their
ENCINITAS, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its highly anticipated new community, The Cove at Encinitas, is coming soon to La Costa Avenue in Encinitas, California. This exclusive Toll Brothers neighborhood will feature a limited collection of just 42 homes and is expected to open in early 2025.
The Cove at Encinitas will offer distinctive floor plans with single- and two-story home designs, ranging from 1,600 to 4,000+ square feet. Home designs will include 3 to 5 bedrooms and 2.5 to 5.5 baths, with architectural styles including coastal contemporary, contemporary craftsman, and modern farmhouse. Each home will showcase an open-concept layout with a spacious kitchen, great room, and casual dining space, as well as unique bonus spaces including lofts, home offices, flex rooms, and bedrooms with en suite baths. Homes will be priced from
Home buyers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
“We are excited to bring this intimate enclave of luxury homes to the desirable coastal city of Encinitas,” said Brad Hare, Division President of Toll Brothers in Southern California. “With its prime location near the beach and exceptional design, The Cove at Encinitas will provide residents with the best of coastal living.”
Residents will enjoy the convenience of being within walking distance of South Ponto Beach, with cul-de-sac streets and two community pocket parks. The community is located near restaurants, shopping, and recreational opportunities, with six beaches within the city of Encinitas, numerous coastal viewpoints, 85 acres of open space, and 40 miles of trails. Residents will enjoy 19 parks nearby including three sports parks, a skatepark, and off-leash dog parks.
Additional Toll Brothers new home communities in the San Diego area include Everly at Civita and Mira Vista.
For more information and to join the Toll Brothers interest list for The Cove at Encinitas, call (844) 700-8655 or visit TollBrothers.com/CA.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2599420f-f21e-4c1e-bf3c-f6cde4cc5078
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