Toll Brothers Inc: Expanding Luxury Living Across the U.S.
In a series of strategic expansions, Toll Brothers Inc, a leading luxury home builder in the United States, has recently unveiled new model homes and apartment communities, signaling a robust growth trajectory in the luxury housing sector. With a market capitalization of $12.86 billion and a price-to-earnings ratio of 9.72, Toll Brothers continues to solidify its position in the Consumer Discretionary sector, particularly within the Household Durables industry.
Sunnyvale, California: A New Luxury Haven
On August 15, 2025, Toll Brothers announced the grand opening of seven model homes at The Station, a luxury master-planned community in Sunnyvale, California. This development, featuring two collections—Vantage at The Station and Terraces at The Station—offers a range of townhomes and condominiums from 962 to over 2,387 square feet. Prices for these premium residences start in the upper $900,000s, reflecting the high-end market Toll Brothers caters to. The community is equipped with top-tier amenities, including a clubhouse, playground, dog park, and walking paths, enhancing the lifestyle appeal for potential buyers.
Norwalk, Connecticut: Introducing Piper
Simultaneously, Toll Brothers, through its rental subsidiary Toll Brothers Apartment Living, in partnership with Harris Realty Company LLC, unveiled Piper, a new luxury apartment community in Norwalk, Connecticut. This eight-story development comprises 393 luxury apartment homes, ranging from studios to three-bedroom units, all featuring premium finishes and smart home technology. Piper’s extensive amenities, such as a resort-style courtyard with a pool, rooftop deck, fitness center, and coworking spaces, cater to the modern urban dweller seeking luxury and convenience.
Eagle, Idaho: Carrara Estates Opens
Further expanding its footprint, Toll Brothers opened model homes at Carrara Estates in Eagle, Idaho. This luxury community offers seven home designs, ranging from 2,946 to over 4,769 square feet, with prices starting in the low $900,000s. Located near downtown Eagle, Carrara Estates provides estate-sized home sites up to one acre, featuring 3 to 6 bedrooms and 3- to 5-car garages. The development’s amenities, including a pool, coupled with its proximity to Boise, make it an attractive option for luxury homebuyers.
Market Position and Outlook
As of August 14, 2025, Toll Brothers’ stock closed at $130.5, reflecting a recovery from its 52-week low of $86.67 in April 2025. The company’s strategic expansions into new luxury communities across the U.S. underscore its commitment to growth and its ability to adapt to market demands. With a focus on luxury homes for move-up and empty nester buyers, Toll Brothers is well-positioned to capitalize on the ongoing demand for high-end residential properties.
In conclusion, Toll Brothers Inc’s recent developments and strategic partnerships highlight its proactive approach to growth and its dedication to delivering luxury living experiences across the United States. As the company continues to expand its portfolio of luxury homes and apartment communities, it remains a key player in the luxury housing market, poised for continued success in the years to come.