Toll Brothers Announces New Luxury Townhome Community, Raven Crest, Coming Soon to Las Vegas, Nevada
Toll Brothers (NYSE:TOL) has announced plans to open Raven Crest, a new luxury townhome community in the Summerlin area of Las Vegas, Nevada. The development will feature three- and four-story townhomes ranging from 2,300 to 2,640 square feet, with prices starting from the mid-$700,000s.
The community will offer six different home designs with 3 to 4 bedrooms, 2.5 to 3.5 baths, and attached 2-car garages. Notable features include front entry courtyards, covered patios, rooftop terraces, and optional private elevators. Buyers can also opt for multigenerational living suites.
Located at 11545 Hillrise Avenue, Raven Crest residents will have access to master plan amenities including walking trails, parks, and a community pool. The community is scheduled to open for sale in spring 2025, with construction already underway.
Toll Brothers (NYSE:TOL) ha annunciato i piani per aprire Raven Crest, una nuova comunità di townhome di lusso nell'area di Summerlin a Las Vegas, Nevada. Lo sviluppo presenterà townhome di tre e quattro piani che variano da 2.300 a 2.640 piedi quadrati, con prezzi che partono da circa 700.000 dollari.
La comunità offrirà sei diverse tipologie di abitazioni con 3 o 4 camere da letto, 2,5 o 3,5 bagni e garage attaccati per 2 auto. Tra le caratteristiche principali ci sono cortili d'ingresso, patii coperti, terrazze sul tetto e ascensori privati opzionali. Gli acquirenti possono anche scegliere suite per vivere multigenerazionalmente.
Situata al 11545 di Hillrise Avenue, i residenti di Raven Crest avranno accesso ai servizi del master plan, che includono sentieri, parchi e una piscina comunitaria. La comunità è prevista per l'apertura alla vendita nella primavera del 2025, con i lavori già in corso.
Toll Brothers (NYSE:TOL) ha anunciado planes para abrir Raven Crest, una nueva comunidad de casas adosadas de lujo en el área de Summerlin en Las Vegas, Nevada. El desarrollo contará con casas adosadas de tres y cuatro pisos que van de 2,300 a 2,640 pies cuadrados, con precios que comienzan desde los 700,000 dólares.
La comunidad ofrecerá seis diseños diferentes de viviendas con 3 a 4 dormitorios, 2.5 a 3.5 baños y garajes adjuntos para 2 coches. Las características destacadas incluyen patios de entrada, patios cubiertos, terrazas en la azotea y ascensores privados opcionales. Los compradores también pueden optar por suites de vida multigeneracional.
Ubicada en 11545 Hillrise Avenue, los residentes de Raven Crest tendrán acceso a servicios de planificación maestra que incluyen senderos para caminar, parques y una piscina comunitaria. La comunidad está programada para abrir a la venta en la primavera de 2025, con la construcción ya en curso.
톨 브라더스 (NYSE:TOL)는 네바다주 라스베이거스의 서머린 지역에 레이븐 크레스트라는 새로운 럭셔리 타운홈 커뮤니티를 개설할 계획을 발표했습니다. 이 개발은 2,300에서 2,640 평방 피트까지 다양한 3층 및 4층 타운홈을 특징으로 하며, 가격은 70만 달러 중반부터 시작합니다.
이 커뮤니티는 3개에서 4개 침실, 2.5개에서 3.5개 욕실, 2대 차량이 가능한 차고가 있는 6가지 다양한 집 디자인을 제공합니다. 주요 특징으로는 앞쪽 입구의 중정, 덮인 파티오, 옥상 테라스, 선택 가능한 개인 엘리베이터가 있습니다. 구매자는 다세대 거주용 스위트도 선택할 수 있습니다.
레드 스프링스 애비뉴 11545번지에 위치한 레이븐 크레스트 거주자는 산책로, 공원, 커뮤니티 풀 등의 편의 시설에 접근할 수 있습니다. 이 커뮤니티는 2025년 봄에 판매를 시작할 예정이며, 현재 건설이 진행 중입니다.
Toll Brothers (NYSE:TOL) a annoncé des projets pour ouvrir Raven Crest, une nouvelle communauté de maisons de ville de luxe dans le quartier de Summerlin à Las Vegas, Nevada. Le développement comportera des maisons de ville à trois et quatre étages allant de 2 300 à 2 640 pieds carrés, avec des prix commençant autour de 700 000 dollars.
La communauté proposera six modèles de maisons différents avec 3 à 4 chambres, 2,5 à 3,5 salles de bains et des garages attachés pour 2 voitures. Parmi les caractéristiques notables, on trouve des cours d'entrée, des patios couverts, des terrasses sur le toit et des ascenseurs privés en option. Les acheteurs peuvent également opter pour des suites de vie multigénérationnelles.
Située au 11545 Hillrise Avenue, les résidents de Raven Crest auront accès aux commodités du plan directeur, notamment des sentiers, des parcs et une piscine communautaire. La communauté devrait ouvrir à la vente au printemps 2025, la construction étant déjà en cours.
Toll Brothers (NYSE:TOL) hat Pläne angekündigt, Raven Crest, eine neue luxuriöse Reihenhausgemeinschaft im Sommerlin-Viertel von Las Vegas, Nevada, zu eröffnen. Die Entwicklung umfasst drei- und vierstöckige Reihenhäuser mit einer Fläche von 2.300 bis 2.640 Quadratfuß, deren Preise bei etwa 700.000 Dollar beginnen.
Die Gemeinschaft bietet sechs verschiedene Hausdesigns mit 3 bis 4 Schlafzimmern, 2,5 bis 3,5 Badezimmern und angeschlossenen Garagen für 2 Autos. Zu den besonderen Merkmalen gehören Eingangsflächen, überdachte Terrassen, Dachterrassen und optionale private Aufzüge. Käufer können auch Mehrgenerationensuiten wählen.
Die Raven Crest Residents, die sich an der Hillrise Avenue 11545 befinden, haben Zugang zu den Annehmlichkeiten des Masterplans, darunter Wanderwege, Parks und einen Gemeinschaftspool. Die Eröffnung der Gemeinschaft zum Verkauf ist für den Frühling 2025 geplant, und der Bau hat bereits begonnen.
- New revenue stream from luxury townhome development in premium Las Vegas location
- Premium pricing point starting from mid-$700,000s indicates strong profit potential
- Diverse product offering with six different home designs appeals to broader market
- None.
Insights
This new luxury townhome development in Las Vegas represents a strategic move for Toll Brothers, targeting the high-end segment of the housing market with units starting from the
The development features larger units ranging from 2,300 to 2,640 square feet, with premium amenities like private elevators and rooftop terraces that typically command higher margins. Based on the average price point and unit size, this project could generate estimated revenues of
In simpler terms: Think of this as opening a new luxury store in an upscale mall - it's good for business but won't dramatically change the company's overall financial picture. The real value lies in strengthening TOL's brand position in the luxury segment and expanding their footprint in a key growth market.
The timing and positioning of Raven Crest reflect careful market analysis. Las Vegas's luxury real estate market has shown resilience and Summerlin consistently ranks among the top-selling master-planned communities in the U.S. The multigenerational living options align with emerging demographic trends, particularly in the Southwest where extended family living arrangements are increasingly common.
The project's emphasis on low-maintenance townhomes with high-end features targets two key buyer segments: affluent downsizers and luxury-oriented professionals seeking lock-and-leave lifestyles. The 2,300+ square foot floor plans are notably larger than typical townhomes, filling a market gap between traditional townhouses and single-family homes.
Simply put: Toll Brothers is building fancy townhouses that are bigger and more luxurious than usual, in one of Vegas's best neighborhoods. They're betting that wealthy buyers want the amenities of a big house but with less maintenance hassle.
New luxury townhome community will offer master-plan amenities, multigenerational living suites, rooftop terraces, and private elevator options
LAS VEGAS, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced that it will be opening a new community, Raven Crest, in the highly sought-after Summerlin area of Las Vegas, Nevada. This exclusive neighborhood will offer three- and four-story townhome designs with front entry courtyards, covered patios, rooftop terraces, and optional private elevators. Construction is underway, and the community is scheduled to open for sale in spring 2025.
Raven Crest brings exquisite low-maintenance townhome living to Summerlin’s Kestrel Commons Village. Six luxury Toll Brothers home designs offer spacious floor plans ranging from 2,300 to 2,640 square feet with 3 to 4 bedrooms, 2.5 to 3.5 baths, attached 2-car garages, and options for multigenerational living suites. The townhome designs feature three- or four-stories of luxury living with pricing anticipated to start from the mid-
Home buyers will experience unparalleled one-stop home personalization at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of curated selections for their new dream home with the assistance of their own Toll Brothers professional Design Consultant.
“We are excited to bring our newly released luxury townhome designs to the dynamic Summerlin master plan in the spring,” said Janet Love, Division President of Toll Brothers in Las Vegas. “Raven Crest will offer residents the very best of Toll Brothers quality and convenience in one of the most sought-after locations in Las Vegas.”
Raven Crest is ideally located with access to master plan amenities, including miles of walking trails, parks, and a community pool. Homeowners will also enjoy abundant outdoor recreation opportunities nearby.
This highly anticipated Toll Brothers community will be located on 11545 Hillrise Avenue in Las Vegas. For more information and to join the Toll Brothers interest list for Raven Crest, call (855) 700-8655 or visit RavenCrestByTollBrothers.com.
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
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f3aa695-4668-49d7-9d29-edad343938ce
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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