Toll Brothers Announces Overbrook Estates Community Coming Soon to Huntersville, North Carolina
Toll Brothers (NYSE:TOL) announced its newest master-planned community, Overbrook Estates, coming to Huntersville, North Carolina. The development will feature 357 new homes with construction starting in early spring 2025 and sales beginning in late spring 2025. The community will offer nine home designs across three collections, ranging from 3,030 to 3,905+ square feet, with prices starting from the $600,000s.
The homes will include 3 to 6 bedrooms, 2.5 to 5.5 baths, and 2- to 3-car garages. The community will feature amenities including a pool and cabana, and is located near Lake Norman with easy access to Highway 77 and Gilead Road. Buyers will have access to the Toll Brothers Design Studio for home customization.
Toll Brothers (NYSE:TOL) ha annunciato la sua nuova comunità pianificata, Overbrook Estates, che sorgerà a Huntersville, North Carolina. Lo sviluppo comprenderà 357 nuove abitazioni, con i lavori che inizieranno all'inizio della primavera 2025 e le vendite che prenderanno il via alla fine della primavera 2025. La comunità offrirà nove design abitativi distribuiti in tre collezioni, che variano da 3.030 a oltre 3.905 piedi quadrati, con prezzi a partire da $600.000.
Le abitazioni includeranno da 3 a 6 camere da letto, da 2,5 a 5,5 bagni, e garage per 2 o 3 auto. La comunità offrirà servizi come una piscina e una cabana, ed è situata vicino al Lago Norman con facile accesso all'Autostrada 77 e a Gilead Road. I compratori avranno accesso allo Studio di Design Toll Brothers per la personalizzazione delle abitazioni.
Toll Brothers (NYSE:TOL) anunció su nueva comunidad planificada, Overbrook Estates, que llegará a Huntersville, Carolina del Norte. El desarrollo contará con 357 nuevas casas, con la construcción comenzando a principios de la primavera de 2025 y las ventas comenzando a finales de la primavera de 2025. La comunidad ofrecerá nueve diseños de casas en tres colecciones, que van desde 3,030 hasta más de 3,905 pies cuadrados, con precios a partir de los $600,000.
Las casas incluirán de 3 a 6 dormitorios, de 2.5 a 5.5 baños y garajes para 2 o 3 autos. La comunidad contará con comodidades que incluyen una piscina y una cabaña, y está ubicada cerca del Lago Norman con fácil acceso a la Carretera 77 y Gilead Road. Los compradores tendrán acceso al Estudio de Diseño de Toll Brothers para la personalización de sus casas.
Toll Brothers (NYSE:TOL)는 노스캐롤라이나주 헌터스빌에 새롭게 계획된 커뮤니티 Overbrook Estates를 발표했습니다. 이 개발은 357채의 새로운 주택을 특징으로 하며, 건설은 2025년 봄 초에 시작되고 판매는 2025년 봄 늦게 시작됩니다. 이 커뮤니티는 3,030에서 3,905+ 제곱피트에 이르는 세 가지 컬렉션의 아홉 가지 주택 디자인을 제공하며, 가격은 600,000달러부터 시작합니다.
주택은 3에서 6개의 침실, 2.5에서 5.5개의 욕실, 2~3대의 자동차를 수용할 수 있는 차고를 포함합니다. 이 커뮤니티에는 수영장과 캐빈과 같은 편의시설이 포함되며, 노스캐롤라이나주 노먼 호수 근처에 위치하고 77번 고속도로 및 길리어드 로드에 쉽게 접근할 수 있습니다. 구매자는 주택 맞춤화를 위한 Toll Brothers 디자인 스튜디오에 접근할 수 있습니다.
Toll Brothers (NYSE:TOL) a annoncé sa nouvelle communauté planifiée, Overbrook Estates, à Huntersville, Caroline du Nord. Le développement comprendra 357 nouvelles maisons, avec des travaux de construction commençant au début du printemps 2025 et des ventes débutant à la fin du printemps 2025. La communauté proposera neuf modèles de maisons répartis en trois collections, allant de 3 030 à plus de 3 905 pieds carrés, avec des prix à partir de 600 000 $.
Les maisons comprendront de 3 à 6 chambres, de 2,5 à 5,5 salles de bains et des garages pour 2 à 3 voitures. La communauté offrira des commodités telles qu'une piscine et une cabane, et est située près du lac Norman avec un accès facile à l'autoroute 77 et à la route Gilead. Les acheteurs auront accès au studio de design Toll Brothers pour la personnalisation de leurs maisons.
Toll Brothers (NYSE:TOL) hat seine neueste groß angelegte Gemeinschaft, Overbrook Estates, in Huntersville, North Carolina, angekündigt. Die Entwicklung umfasst 357 neue Häuser, deren Bau im frühen Frühling 2025 beginnt und die Verkäufe im späten Frühling 2025 starten. Die Gemeinschaft wird neun Hausdesigns in drei Kollektionen anbieten, die von 3.030 bis über 3.905 Quadratfuß reichen, mit Preisen ab 600.000 USD.
Die Häuser werden zwischen 3 und 6 Schlafzimmer, 2,5 bis 5,5 Bäder und Garagen für 2 bis 3 Autos umfassen. Die Gemeinschaft wird Annehmlichkeiten wie einen Pool und eine Cabana bieten und liegt in der Nähe des Lake Norman mit einfachem Zugang zur Highway 77 und zur Gilead Road. Käufer haben Zugang zum Toll Brothers Design Studio zur Anpassung ihrer Häuser.
- Launch of large-scale development with 357 new luxury homes
- Strategic location near Lake Norman with proximity to major highways
- Premium pricing starting from $600,000s indicates strong margin potential
- Planned community amenities enhancing property value proposition
- None.
Insights
This new community development represents a meaningful expansion of Toll Brothers' presence in the high-growth Charlotte metropolitan area. The 357-unit project targeting the luxury segment with homes
The price point and square footage (3,030-3,905+ sq ft) indicate healthy margins potential, while the location near Lake Norman and major transportation corridors should support strong absorption rates. The project's scale and premium positioning will contribute meaningfully to Toll Brothers' North Carolina operations, though the extended timeline to sales commencement (late spring 2025) means revenue impact won't materialize until fiscal 2025-2026.
The Huntersville location demonstrates strong market fundamentals that support luxury home development. Proximity to Lake Norman, Birkdale Village and Uptown Charlotte appeals to affluent buyers seeking high-end suburban living. The area's demographics align well with Toll Brothers' target market, showing solid household income levels and population growth.
The community's amenities package and design studio offering position it competitively in the luxury segment. The nine home designs across three collections provide product diversity while maintaining operational efficiency. The timing of the launch could benefit from projected improvements in mortgage rates and housing affordability by 2025.
HUNTERSVILLE, N.C., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest master-planned community, Overbrook Estates, is coming soon to Huntersville, North Carolina, located off Highway 77 and Gilead Road. Construction of the Sales Center and model homes will begin in early spring 2025 and sales are expected to start in late spring 2025.
Overbrook Estates will include 357 new homes, including ranch and two-story single-family home designs. Home buyers will be able to choose from nine exquisite home designs across three collections ranging from 3,030 to 3,905+ square feet, with 3 to 6 bedrooms, 2.5 to 5.5 baths, and 2- to 3-car garages. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Homes are anticipated to be priced starting from the
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 our luxury home brand to the Huntersville community with Overbrook Estates by Toll Brothers,” said Ryan Switzer, Division President of Toll Brothers in Charlotte, North Carolina. “Conveniently located just off Highway 77 and Gilead and close to Lake Norman, this stunning new luxury home community will offer residents resort-style living and easy access to everything this vibrant area has to offer.”
Home buyers will enjoy proximity to nearby shopping, dining, arts and entertainment, and recreational destinations, including Birkdale Village, Historic Downtown Huntersville, McDowell Creek Greenway, as well as nearby Lake Norman. The community will feature future onsite amenities including a pool and cabana. Overbrook Estates is also just a short drive away from the excitement of Uptown Charlotte. Children will have the opportunity to attend school in the Mecklenburg County School District.
Major highways including Interstates 77 and 485, and Route 73 are easily accessible from Overbrook Estates, offering homeowners convenient access to Uptown Charlotte, Morrisville, Davidson, and Lake Norman.
For more information and to join the Toll Brothers interest list for Overbrook Estates, call (866) 232-1719 or visit TollBrothers.com/Charlotte.
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, 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/00efb8b7-140d-4d66-b421-027fcf5a2e3d
https://www.globenewswire.com/NewsRoom/AttachmentNg/41410aba-2b25-42e2-8259-4256b403d6e7
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
FAQ
When will Toll Brothers (TOL) begin sales at Overbrook Estates in Huntersville?
What is the starting price for homes at TOL's Overbrook Estates development?
How many homes will TOL build in the Overbrook Estates community?
What is the size range of homes in TOL's Overbrook Estates development?
What amenities will TOL's Overbrook Estates community include?
