Toll Brothers has unveiled two new luxury‑home communities, one in Redondo Beach, California, and another in Parker, Colorado. The Redondo Beach development will feature 43 townhomes ranging from 1,400 to 2,200 square feet, each with three bedrooms and 2.5 to 3.5 baths, and will be available for sale in summer 2026.
The Parker, Colorado community, named Piney Trail Estates, will offer a mix of one‑ and two‑story homes on oversized lots. Two collections—Summit and Overlook—will provide floor plans from 2,715 to over 4,821 square feet, with pricing starting in the upper $900,000s. Sales will begin in summer 2026, with quick‑move‑in options available for spring 2027.
The new developments align with Toll Brothers’ strategy to focus on high‑end markets and to expand its footprint in regions with strong demand for luxury homes. The company’s Q1 2026 earnings showed a 25% year‑over‑year increase in earnings per share and a 26.5% adjusted gross margin, underscoring the profitability of its luxury‑home model.
Toll Brothers’ design studio will allow buyers to personalize interiors, a feature that has helped the builder maintain pricing power in a competitive market. The company’s recent sale of a significant portion of its apartment portfolio signals a shift toward its core luxury‑home business, reinforcing the relevance of the new communities to its long‑term growth plan.
The announcement comes as the company prepares for a leadership transition, with Karl K. Mistry set to succeed Douglas C. Yearley Jr. as CEO on March 30 2026. The new communities are expected to contribute to the builder’s ongoing growth in community count and sales volume, supporting the company’s strategy to deliver high‑quality homes in high‑growth markets.
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