Toll Brothers Announces New Luxury Home Community Coming Soon to Chevy Chase, Maryland
Toll Brothers (NYSE:TOL) has announced its newest luxury home community, Chevy Chase Crossing, coming to Maryland in early 2025. The development will feature two collections of luxury townhomes located along the new Purple Line transit system at Manor Road and Erdem Place in Chevy Chase.
The townhomes will range from 2,400 to over 3,600 square feet, offering 3 to 4 bedrooms, two-car garages, and elevator options. Starting at $1.7 million, each home will include open kitchen/great room combinations, primary bedroom suites, and flex rooms. Buyers can personalize their homes at the Toll Brothers Design Studio with professional consultants.
The community is situated within the Montgomery County Public Schools district and offers convenient access to Interstate 495, Connecticut Avenue, and the future Purple Line station. Residents will be near Rock Creek Park and shopping destinations including Chevy Chase Lake, Bethesda Row, and Chevy Chase Pavilion.
Toll Brothers (NYSE:TOL) ha annunciato la sua nuova comunità di case di lusso, Chevy Chase Crossing, che sorgerà nel Maryland all'inizio del 2025. Lo sviluppo presenterà due collezioni di lussuose villette a schiera situate lungo il nuovo sistema di trasporto Purple Line, in Manor Road ed Erdem Place a Chevy Chase.
Le villette varieranno da 2.400 a oltre 3.600 piedi quadrati, offrendo da 3 a 4 camere da letto, garage per due auto e opzioni di ascensore. A partire da $1.7 milioni, ogni casa includerà combinazioni di cucina/area comune aperta, suite per la camera da letto principale e stanze multifunzionali. Gli acquirenti possono personalizzare le loro case presso lo Studio di Design di Toll Brothers con consulenti professionali.
La comunità è situata all'interno del distretto delle Scuole Pubbliche della Contea di Montgomery e offre un accesso conveniente all'Interstate 495, a Connecticut Avenue e alla futura stazione della Purple Line. I residenti saranno vicini al Rock Creek Park e a destinazioni di shopping tra cui Chevy Chase Lake, Bethesda Row e Chevy Chase Pavilion.
Toll Brothers (NYSE:TOL) ha anunciado su nueva comunidad de casas de lujo, Chevy Chase Crossing, que llegará a Maryland a principios de 2025. El desarrollo contará con dos colecciones de lujosas casas adosadas ubicadas a lo largo del nuevo sistema de transporte Purple Line en Manor Road y Erdem Place en Chevy Chase.
Las casas adosadas variarán de 2,400 a más de 3,600 pies cuadrados, ofreciendo de 3 a 4 habitaciones, garajes para dos coches y opciones de ascensor. A partir de $1.7 millones, cada casa incluirá combinaciones de cocina/sala de estar abiertas, suites para el dormitorio principal y salas flexibles. Los compradores podrán personalizar sus hogares en el Estudio de Diseño de Toll Brothers con consultores profesionales.
La comunidad está situada dentro del distrito de las Escuelas Públicas del Condado de Montgomery y ofrece acceso conveniente a la Interestatal 495, Connecticut Avenue y la futura estación de la Purple Line. Los residentes estarán cerca del Rock Creek Park y de destinos comerciales como Chevy Chase Lake, Bethesda Row y Chevy Chase Pavilion.
Toll Brothers (NYSE:TOL)가 2025년 초 메릴랜드에 새 고급 주택 커뮤니티인 Chevy Chase Crossing을 발표했습니다. 이 개발은 Chevy Chase의 Manor Road와 Erdem Place에 위치한 새로운 퍼플 라인 교통 시스템을 따라 두 가지 고급 타운홈 컬렉션을 특징으로 합니다.
타운홈은 2,400평방피트에서 3,600평방피트 이상까지 다양하며, 3~4개의 침실, 2대 자동차를 위한 차고, 엘리베이터 옵션을 제공합니다. $1.7 백만부터 시작하는 각 주택은 오픈 키친/그레이트 룸 조합, 주요 침실 스위트 및 플렉스 룸을 포함합니다. 구매자는 Toll Brothers 디자인 스튜디오에서 전문 상담원과 함께 자신의 집을 개인화할 수 있습니다.
이 커뮤니티는 몽고메리 카운티 공립학교 구역 내에 위치하며, Interstate 495, Connecticut Avenue 및 미래의 퍼플 라인 역으로 편리하게 접근할 수 있습니다. 주민들은 Rock Creek Park 및 Chevy Chase Lake, Bethesda Row, Chevy Chase Pavilion과 같은 쇼핑 명소와 가까운 곳에 있습니다.
Toll Brothers (NYSE:TOL) a annoncé sa nouvelle communauté résidentielle de luxe, Chevy Chase Crossing, qui sera située dans le Maryland au début de 2025. Le développement comprendra deux collections de maisons de ville luxueuses situées le long du nouveau système de transport Purple Line à Manor Road et Erdem Place à Chevy Chase.
Les maisons de ville varieront de 2 400 à plus de 3 600 pieds carrés, offrant de 3 à 4 chambres, des garages pour deux voitures et des options d'ascenseur. À partir de $1.7 millions, chaque maison comprendra des combinaisons cuisine/salle de séjour ouvertes, des suites pour la chambre principale et des pièces polyvalentes. Les acheteurs pourront personnaliser leurs maisons au studio de design de Toll Brothers avec des consultants professionnels.
La communauté est située dans le district des écoles publiques du comté de Montgomery et offre un accès pratique à l'Interstate 495, à Connecticut Avenue et à la future station de la Purple Line. Les résidents seront à proximité du parc Rock Creek et de destinations shopping telles que Chevy Chase Lake, Bethesda Row et Chevy Chase Pavilion.
Toll Brothers (NYSE:TOL) hat seine neueste Luxuswohnanlage Chevy Chase Crossing angekündigt, die Anfang 2025 in Maryland eröffnet wird. Das Projekt wird zwei Kollektionen luxuriöser Stadthäuser umfassen, die entlang des neuen Purple Line-Transportsystems in der Manor Road und der Erdem Place in Chevy Chase liegen.
Die Stadthäuser werden eine Fläche von 2.400 bis über 3.600 Quadratfuß bieten, mit 3 bis 4 Schlafzimmern, Garagen für zwei Autos und Aufzugsoptionen. Ab einem Preis von $1.7 Millionen wird jedes Haus offene Küchen-Großraumbereiche, Hauptschlafzimmer-Suiten und Flexräume umfassen. Käufer können ihre Häuser im Toll Brothers Design Studio mit professionellen Beratern individuell gestalten.
Die Gemeinschaft befindet sich im Schulbezirk der Montgomery County Public Schools und bietet einen bequemen Zugang zur Interstate 495, Connecticut Avenue und der zukünftigen Purple Line-Station. Die Bewohner werden in der Nähe des Rock Creek Park sowie der Einkaufsziele Chevy Chase Lake, Bethesda Row und Chevy Chase Pavilion wohnen.
- Launch of new luxury townhome community in premium Chevy Chase location
- Strategic positioning near future Purple Line transit system enhancing property value potential
- Premium pricing starting at $1.7 million indicates strong margin potential
- Location in highly-rated school district adds to property value proposition
- None.
Insights
The launch of Chevy Chase Crossing represents a strategic expansion in Toll Brothers' luxury portfolio, targeting an affluent D.C. Metro submarket with homes priced from
The product mix, featuring 2,400-3,600 square foot townhomes, aligns with current market demands for spacious urban-suburban hybrid living spaces. The Montgomery County location, known for its highly-rated school district, provides a strong foundation for property value appreciation. The price point positions these homes in the upper quartile of the local market, reflecting TOL's continued focus on the luxury segment where margins tend to be more resilient during market fluctuations.
The development's proximity to high-end retail corridors and major transportation arteries suggests strong potential for both primary residence buyers and property investors focused on long-term value appreciation in transit-oriented luxury developments.
This expansion showcases TOL's execution of its land acquisition strategy in high-barrier-to-entry markets. The Chevy Chase location, with its proximity to D.C. and affluent demographic profile, should support TOL's premium pricing strategy and help maintain healthy margins despite broader market pressures. The
The development's connection to the Purple Line transit project represents a significant value proposition, as transit-oriented developments typically experience above-market appreciation rates. The timing of this launch, coinciding with the Purple Line's development, positions TOL to capitalize on anticipated property value increases as the transit infrastructure materializes.
For investors, this project demonstrates TOL's ability to secure prime land positions in affluent submarkets, supporting the company's premium brand positioning and potentially contributing to sustained margin strength in their Mid-Atlantic portfolio.
CHEVY CHASE, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest D.C. Metro area community, Chevy Chase Crossing, is coming soon to Maryland. This exclusive Toll Brothers neighborhood will feature two distinct collections of luxury townhomes, perfectly designed for modern living and situated along the anticipated new Purple Line transit system. The community will be located at Manor Road and Erdem Place in Chevy Chase and is anticipated to open in early 2025.
Chevy Chase Crossing will offer luxurious townhomes with spacious floor plans ranging from more than 2,400 to over 3,600 square feet, including 3 to 4 bedrooms, two-car garages, and options for elevators. Each home is designed to provide an exceptional living experience with features such as open kitchen/great room combos, luxurious primary bedroom suites, spacious secondary bedrooms, convenient bedroom-level laundry rooms, and flex rooms. 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 introduce Chevy Chase Crossing, a community that perfectly blends luxury and convenience in one of the most desirable locations in the D.C. Metro area,” said Nimita Shah, Division President of Toll Brothers in D.C. Metro. “With its proximity to the future Purple Line, major commuting routes, and abundant shopping and dining, this community offers an unparalleled lifestyle for our homeowners.”
Chevy Chase Crossing by Toll Brothers is located within the highly rated Montgomery County Public Schools district. Toll Brothers homeowners will enjoy being just minutes to the new Purple Line station, in addition to having seamless access to Interstate 495 and Connecticut Avenue. The community is also close to recreation at Rock Creek Park, and exceptional shopping, dining, and entertainment options at nearby Chevy Chase Lake, Bethesda Row, The Shops at Wisconsin Place, and Chevy Chase Pavilion.
Additional Toll Brothers new home communities in the D.C. Metro area include Amalyn and The Grove at Dominion Hills.
For more information and to join the Toll Brothers interest list for Chevy Chase Crossing, call (866) 232-1718 or visit TollBrothers.com/DC.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 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, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/df367d62-5648-4059-9f7c-15ad38d9aaa3
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Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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