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    Toll Brothers New Luxury Home Community Coming Soon to Chapel Hill, North Carolina

    10/30/24 2:41:39 PM ET
    $TOL
    Homebuilding
    Consumer Discretionary
    Get the next $TOL alert in real time by email

    CHAPEL HILL, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Chapel Oaks, is coming soon to Chapel Hill, North Carolina. This exclusive Toll Brothers neighborhood will include just 31 single-family home sites convenient to city amenities and top-ranked schools. Site work is underway, and the community is anticipated to open for sale in spring 2025.

    Chapel Oaks is a new Toll Brothers luxury home community in Chapel Hill, featuring expertly crafted single-family homes. This intimate enclave of modern home designs offers expansive two-story floor plans ranging from approximately 4,000 square feet to over 5,000 square feet of luxury living space with top-tier personalization options. The floor plans feature 4 to 6 bedrooms, 3.5 to 5.5 bathrooms, 2- to 4-car garages, and options for versatile flex rooms. Homes will be priced from $1 million.

    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.

    Chapel Oaks by Toll Brothers

    "Our new Chapel Oaks community will offer residents the rare opportunity to build a new construction home within the well-established and highly desirable Chapel Hill area," said Ted Pease, Division President of Toll Brothers in Raleigh. "With expansive, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this community will set a new standard for luxury living in Chapel Hill."

    Homeowners can explore serene outdoor recreation and walking trails nearby, plus, the charm and excitement Chapel Hill has to offer. Chapel Oaks is just 3 miles from restaurants and the downtown shopping districts, while being served by top-ranked Chatham County Schools. The community offers easy access to the University of North Carolina.

    Additional Toll Brothers new home communities in the Raleigh area include Millstone, Rollingdale by Toll Brothers, Forestville Village by Toll Brothers, Regency at Olde Towne (55+), Regency at Holly Springs (55+), Regency at Auburn Station (55+), Knightdale Station, and Overlook at Brier Creek.

    The new Chapel Oaks community will be located at 458 Old Lystra Road in Chapel Hill. For more information and to join Toll Brothers interest list for Chapel Oaks, call (844) 840-5263 or visit TollBrothers.com/Raleigh.

    Chapel Oaks by Toll Brothers

    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 | [email protected]

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/16119ca1-f84b-4504-9734-16b54339a46c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f5f55e48-4dfa-4e6c-8dc5-36eed4bbb11b

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




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    Q&A

    New
    • What new community is Toll Brothers developing in Chapel Hill, North Carolina?

      Toll Brothers has announced the development of a new luxury home community called Chapel Oaks, which will consist of 31 single-family homes in Chapel Hill, NC.

    • When is the community of Chapel Oaks expected to open for sales?

      The anticipated opening for sales at Chapel Oaks is in spring 2025, with site work currently underway.

    • What is the price range and size of the homes being built at Chapel Oaks?

      Homes in Chapel Oaks will be priced from $1 million, featuring floor plans ranging from approximately 4,000 to over 5,000 square feet.

    • What unique feature does Chapel Oaks offer to home buyers in terms of personalization?

      Chapel Oaks offers personalized home customization options through the Toll Brothers Design Studio, allowing buyers to choose selections for their homes.

    • What amenities and features nearby residents can expect from the Chapel Oaks community?

      The community will provide convenient access to city amenities, top-ranked schools, and outdoor recreational areas, being just 3 miles from downtown Chapel Hill.

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