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Toll Brothers Announces New Luxury Home Community Coming Soon to Carson City, Nevada

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Toll Brothers (NYSE:TOL) announced its newest luxury home community, Venado Valley, coming to Carson City, Nevada. The development, located at North Ormsby Boulevard and West Washington Street, will feature 40 single-family homes. The community will offer two home designs ranging from 2,129 to 2,337+ square feet with 3-4 bedrooms, 2-3.5 baths, and 3-car garages. Construction of the Sales Center and model homes is underway, with sales expected to begin in spring 2025. The location offers walkability to Carson City's historic downtown, with access to shops, restaurants, and outdoor recreation.

Toll Brothers (NYSE:TOL) ha annunciato la sua nuova comunità di case di lusso, Venado Valley, che sorgerà a Carson City, Nevada. Lo sviluppo, situato all'incrocio tra North Ormsby Boulevard e West Washington Street, presenterà 40 case unifamiliari. La comunità offrirà due design abitativi che spaziano da 2.129 a 2.337+ piedi quadrati, con 3-4 camere da letto, 2-3,5 bagni e garage per 3 auto. La costruzione del Centro Vendite e delle case campione è già in corso, e si prevede che le vendite inizino nella primavera del 2025. La posizione offre una buona accessibilità al centro storico di Carson City, con accesso a negozi, ristoranti e aree ricreative all'aperto.

Toll Brothers (NYSE:TOL) anunció su nueva comunidad de casas de lujo, Venado Valley, que llegará a Carson City, Nevada. El desarrollo, ubicado en North Ormsby Boulevard y West Washington Street, contará con 40 casas unifamiliares. La comunidad ofrecerá dos diseños de vivienda que van desde 2,129 a 2,337+ pies cuadrados, con 3-4 dormitorios, 2-3.5 baños y garajes para 3 autos. La construcción del Centro de Ventas y de las casas modelo está en marcha, y se espera que las ventas comiencen en la primavera de 2025. La ubicación ofrece la posibilidad de caminar al histórico centro de Carson City, con acceso a tiendas, restaurantes y recreación al aire libre.

Toll Brothers (NYSE:TOL)는 네바다주 카슨 시티에 새 럭셔리 주택 커뮤니티 Venado Valley를 발표했습니다. North Ormsby Boulevard와 West Washington Street에 위치한 이 개발 지역에는 40개의 단독 주택이 들어설 예정입니다. 이 커뮤니티에서는 2,129에서 2,337+ 제곱피트에 이르는 두 가지 주택 디자인을 제공하며, 3-4개의 침실, 2-3.5개의 욕실, 3대의 자동차를 수용할 수 있는 차고를 포함합니다. 판매 센터와 모델 주택 건설이 진행 중이며, 판매는 2025년 봄에 시작될 것으로 예상됩니다. 이 위치는 카슨 시티의 역사적인 중심가에 도보로 접근할 수 있으며, 상점, 레스토랑, 야외 활동에 대한 접근성을 제공합니다.

Toll Brothers (NYSE:TOL) a annoncé sa nouvelle communauté de maisons de luxe, Venado Valley, qui sera située à Carson City, au Nevada. Le développement, situé à l'intersection de North Ormsby Boulevard et de West Washington Street, comprendra 40 maisons individuelles. La communauté proposera deux modèles de maisons allant de 1975 à 2337+ pieds carrés, avec 3-4 chambres, 2-3.5 salles de bain et des garages pour 3 voitures. La construction du centre de vente et des maisons modèles est en cours, avec des ventes prévues pour commencer au printemps 2025. L'emplacement permet d'accéder facilement au centre historique de Carson City, avec accès à des boutiques, des restaurants et des loisirs en plein air.

Toll Brothers (NYSE:TOL) hat seine neueste Luxuswohnanlage, Venado Valley, in Carson City, Nevada, angekündigt. Die Entwicklung, die an der North Ormsby Boulevard und West Washington Street liegt, wird 40 Einfamilienhäuser umfassen. Die Gemeinschaft wird zwei Hausdesigns anbieten, die von 1.975 bis 2.166+ Quadratfuß reichen, mit 3-4 Schlafzimmern, 2-3,5 Bädern und 3-Auto-Garagen. Der Bau des Verkaufscenters und der Musterhäuser ist im Gange, und der Verkauf wird voraussichtlich im Frühling 2025 beginnen. Die Lage ermöglicht einen fußläufigen Zugang zur historischen Innenstadt von Carson City, mit Zugang zu Geschäften, Restaurants und Freizeitmöglichkeiten im Freien.

Positive
  • Expansion into new market with 40 luxury homes in Carson City
  • Prime location with walkability to downtown area
  • Strategic positioning in luxury segment with 3-car garages standard
Negative
  • None.

Insights

The announcement of a new 40-unit luxury home community in Carson City represents minimal material impact on Toll Brothers' overall operations. With over $10 billion in annual revenue and thousands of homes delivered yearly, this small development won't meaningfully affect the company's financial performance. While the project demonstrates TOL's continued geographic expansion strategy and focus on luxury markets, the spring 2025 sales timeline and modest community size make this news primarily operational rather than market-moving. The 2,100+ square foot homes align with TOL's luxury positioning but lack specific pricing details needed to assess potential revenue impact.

CARSON CITY, Nev., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Venado Valley, is coming soon to the intersection of North Ormsby Boulevard and West Washington Street in Carson City, Nevada. Construction of the Sales Center and model homes is currently underway, and sales are expected to begin in spring 2025.

Venado Valley by Toll Brothers will be a brand-new luxury community of 40 single-family homes in a prime location. Home buyers will be able to choose from two exquisite home designs ranging from 2,129 to 2,337+ square feet with 3 to 4 bedrooms, 2 to 3.5 baths, and 3-car garages. This private enclave is walkable to Carson City’s historic downtown and offers an ideal setting for every lifestyle with exceptional access to nearby shops and restaurants and an array of outdoor recreation. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known.

Venado Valley by Toll Brothers

“We are thrilled to introduce Venado Valley by Toll Brothers to the Carson City market,” said Donna O’Connell, Division President of Toll Brothers in Reno. “With its stunning location and exceptional design, this community is set to become one of the most sought-after addresses in the area.”

For more information and to join the interest list for Venado Valley by Toll Brothers, call (855) 400-8655 or visit TollBrothers.com/NV.

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 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/06129ee6-2a1f-48af-9cd8-b094cd7a69cd

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)


FAQ

When will Toll Brothers' Venado Valley community in Carson City begin sales?

Sales at Venado Valley are expected to begin in spring 2025.

How many homes will TOL build in the new Venado Valley community?

Toll Brothers will build 40 single-family homes in the Venado Valley community.

What is the size range of homes in TOL's new Carson City development?

The homes will range from 2,129 to 2,337+ square feet.

Where is TOL's new Venado Valley community located in Carson City?

Venado Valley is located at the intersection of North Ormsby Boulevard and West Washington Street in Carson City, Nevada.

What are the key features of TOL's Venado Valley homes in Carson City?

The homes feature 3-4 bedrooms, 2-3.5 baths, 3-car garages, and walkable access to Carson City's historic downtown.

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