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Toll Brothers Announces New Luxury Home Community Coming Soon to Parker, Colorado

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Toll Brothers (NYSE:TOL) has announced a new luxury home community, Toll Brothers at Cherry Creek Trail, coming to Parker, Colorado. The community will feature 102 home sites with ranch-style designs ranging from 1,746 to 2,118+ square feet. Homes will be priced from the low $700,000s, offering mid-century modern architectural styles and personalization options.

The community will include amenities such as pickleball courts, walking trails, and direct access to Cherry Creek Trail. Located near shops, restaurants, and golf courses, it offers convenient access to major highways and the highly-ranked Douglas County School District. Construction of the Sales Center and model homes is underway, with sales expected to begin in early 2025.

Toll Brothers (NYSE:TOL) ha annunciato una nuova comunità di case di lusso, Toll Brothers at Cherry Creek Trail, che sorgerà a Parker, Colorado. La comunità presenterà 102 lotti residenziali con design in stile ranch che variano da 1.746 a oltre 2.118 piedi quadrati. Le case avranno un prezzo a partire da poche centinaia di migliaia di dollari, offrendo stili architettonici di metà secolo e opzioni di personalizzazione.

La comunità includerà servizi come campi da pickleball, sentieri pedonali e accesso diretto a Cherry Creek Trail. Situata vicino a negozi, ristoranti e campi da golf, offre un accesso conveniente alle principali autostrade e al ben considerato Douglas County School District. La costruzione del Centro Vendite e delle case modello è in corso, con vendite previste per inizio 2025.

Toll Brothers (NYSE:TOL) ha anunciado una nueva comunidad de casas de lujo, Toll Brothers at Cherry Creek Trail, que llegará a Parker, Colorado. La comunidad contará con 102 lotes de vivienda con diseños estilo rancho que van desde 1,746 hasta más de 2,118 pies cuadrados. Las casas tendrán precios desde los bajos $700,000, ofreciendo estilos arquitectónicos de mediados de siglo y opciones de personalización.

La comunidad incluirá comodidades como . Ubicada cerca de tiendas, restaurantes y campos de golf, ofrece acceso conveniente a las principales autopistas y al altamente clasificado Douglas County School District. La construcción del Centro de Ventas y de las casas modelo está en marcha, con ventas previstas para principios de 2025.

Toll Brothers (NYSE:TOL)는 콜로라도 파커에 위치한 새로운 고급 주택 커뮤니티인 Toll Brothers at Cherry Creek Trail를 발표했습니다. 이 커뮤니티는 102개의 주택 부지를 특징으로 하며, 규모는 1,746에서 2,118 제곱피트 이상까지 다양합니다. 주택 가격은 70만 달러 초반대부터 시작되며, 중세기 현대 건축 스타일과 개인화 옵션을 제공합니다.

커뮤니티에는 피클볼 코트, 산책로, 그리고 Cherry Creek Trail에 대한 직접 접근과 같은 편의 시설이 포함됩니다. 상점, 레스토랑, 골프장이 가까이 있어 주요 고속도로와 높은 순위의 더글라스 카운티 학군에 편리하게 접근할 수 있습니다. 판매 센터와 모델 주택 건설이 진행 중이며, 2025년 초에 판매가 시작될 예정입니다.

Toll Brothers (NYSE:TOL) a annoncé une nouvelle communauté de maisons de luxe, Toll Brothers at Cherry Creek Trail, qui sera implantée à Parker, Colorado. La communauté proposera 102 terrains résidentiels avec des designs de style ranch allant de 1 746 à plus de 2 118 pieds carrés. Les maisons seront affichées à partir de quelques centaines de milliers de dollars, offrant des styles architecturaux du milieu du siècle et des options de personnalisation.

La communauté comprendra des commodités telles que des terrains de pickleball, des sentiers de promenade et un accès direct au Cherry Creek Trail. Située à proximité de magasins, de restaurants et de terrains de golf, elle offre un accès pratique aux grandes routes et au très réputé Douglas County School District. La construction du Centre de ventes et des maisons témoins est en cours, avec un début des ventes prévu début 2025.

Toll Brothers (NYSE:TOL) hat eine neue Luxus-Wohnsiedlung mit dem Namen Toll Brothers at Cherry Creek Trail in Parker, Colorado angekündigt. Die Gemeinde wird 102 Bauplätze mit Ranch-Stil-Designs bieten, die von 1.746 bis über 2.118 Quadratfuß reichen. Die Häuser werden ab unterhalb von 700.000 US-Dollar angeboten und bieten architektonische Stile im mid-century modern und Personalisierungsoptionen.

Die Gemeinde wird Annehmlichkeiten wie Pickleballplätze, Wanderwege und direkten Zugang zum Cherry Creek Trail umfassen. Die Lage in der Nähe von Geschäften, Restaurants und Golfplätzen bietet einen bequemen Zugang zu wichtigen Autobahnen und dem hochrangigen Douglas County School District. Der Bau des Verkaufszentrums und der Musterhäuser ist im Gange, und der Verkaufsstart wird für Anfang 2025 erwartet.

Positive
  • Expansion into a new luxury home market in Parker, Colorado
  • 102 new home sites added to Toll Brothers' portfolio
  • Homes priced from the low $700,000s, potentially attracting a wider range of buyers
  • Exclusive amenities including pickleball courts and trail access, enhancing property value
  • Convenient location near major highways and highly-ranked school district, potentially increasing demand
Negative
  • Sales not beginning until early 2025, delaying potential revenue generation
  • home size range (1,746 to 2,118+ square feet) may restrict buyer pool

Insights

Toll Brothers' expansion in Parker, Colorado, reflects a strategic move in the luxury housing market. The 102 home sites in Cherry Creek Trail, priced from the low $700,000s, target an affluent demographic seeking mid-century modern designs. This aligns with the broader trend of suburban luxury development, capitalizing on the desire for spacious homes with high-end amenities. The early 2025 sales launch suggests confidence in the market's future strength. However, investors should note that the luxury segment can be sensitive to economic fluctuations. The project's success will depend on sustained demand for high-end homes and the overall health of Colorado's real estate market. The community's proximity to key business centers like Denver Tech Center could be a significant draw, potentially insulating it from broader market volatility.

This new development represents a positive indicator for Toll Brothers' growth strategy and revenue potential. With homes starting in the low $700,000s, the project could generate substantial revenue upon completion. Assuming an average sale price of $750,000 per unit, the 102 homes could potentially yield over $76 million in gross revenue. However, investors should consider the extended timeline, with sales not beginning until early 2025. This lag may impact short-term financial performance. The company's focus on luxury segments typically yields higher profit margins, which could boost earnings once sales commence. Toll Brothers' ability to execute this project efficiently will be crucial, as construction costs and potential market shifts could affect profitability. Overall, this expansion reinforces Toll Brothers' market position in Colorado and could contribute positively to long-term shareholder value.

DENVER, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Toll Brothers at Cherry Creek Trail, is coming soon to Scott Avenue off of South Parker Road in Parker, Colorado. Construction of the Sales Center and model homes is currently underway and sales will begin in early 2025.

Toll Brothers at Cherry Creek Trail will include 102 home sites, offering an elevated selection of ranch-style home designs with unrivaled personalization options. Residents will enjoy a seamless blend of nature and the elegance of mid-century modern architectural style with four home designs ranging from 1,746 to 2,118+ square feet, each built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Homes will be priced from the low $700,000s.

Toll Brothers at Cherry Creek Trail

“With distinctive architectural features and ranch-style floor plans designed for today’s home buyers, the new homes at Toll Brothers at Cherry Creek Trail will offer residents the best in luxury living in one of Parker’s most desirable communities,” said Reggie Carveth, Division President of Toll Brothers in Colorado.

Home buyers will have access to exclusive amenities, including pickleball courts, walking trails, and direct access to the Cherry Creek Trail. Surrounded by shops, restaurants, golf courses, and more, the area offers an array of recreation and entertainment opportunities. Children will have the opportunity to attend school in the highly ranked Douglas County School District.

Major highways including Interstates 25 and 70, and Highways 83 and E-470 are easily accessible from Toll Brothers at Cherry Creek Trail, offering homeowners convenient access to Denver Tech Center, Inverness Tech Center, and Downtown Castle Rock.

Additional Toll Brothers new home communities in Colorado include Allison Ranch, Montaine, Regency at Montaine (55+), Toll Brothers at Crystal Valley, and Toll Brothers at Macanta. More communities coming soon include Heights at DTC, ParkVue on the Platte, and Toll Brothers at Ken-Caryl Ranch.

For more information on Toll Brothers new home communities in Colorado, call (877) 431-2870 or visit TollBrothers.com/Colorado.

Toll Brothers at Cherry Creek Trail

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

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4125906b-15c3-4b73-b94c-d2e68d71c77f

https://www.globenewswire.com/NewsRoom/AttachmentNg/a590886e-e788-4a83-a16f-2f2c39054fbf

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


FAQ

When will Toll Brothers at Cherry Creek Trail in Parker, Colorado begin sales?

Toll Brothers (TOL) plans to begin sales for the Cherry Creek Trail community in Parker, Colorado in early 2025.

What is the price range for homes in Toll Brothers' new Parker, Colorado community?

Homes in Toll Brothers' (TOL) new Cherry Creek Trail community in Parker, Colorado will be priced from the low $700,000s.

How many home sites will be available in Toll Brothers' Cherry Creek Trail community?

Toll Brothers (TOL) will offer 102 home sites in its new Cherry Creek Trail community in Parker, Colorado.

What amenities will be available at Toll Brothers' new Parker, Colorado community?

Toll Brothers' (TOL) Cherry Creek Trail community in Parker, Colorado will feature amenities including pickleball courts, walking trails, and direct access to the Cherry Creek Trail.

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