Toll Brothers announces the launch of Saddlecrest at Windermere, a luxury home community in Florida, opening spring 2025.
Quiver AI Summary
Toll Brothers, Inc., the leading luxury home builder in the U.S., has announced the upcoming launch of its Saddlecrest at Windermere community in Windermere, Florida, expected to open for sales in spring 2025. This exclusive community will feature luxury single-family homes on half-acre lots, with many offering water views and access to Lake Roberts. The homes will range from 5 to 7 bedrooms, 4 to 7 bathrooms, and 3- to 5-car garages, starting at $2.3 million. Homebuyers will have the option to personalize their homes and can build private docks on lakefront properties. Located near the convergence of Winter Garden and Windermere, the community offers access to top-rated schools and local amenities. Toll Brothers also provides a state-of-the-art Design Studio for buyers to customize their homes.
Potential Positives
- Announcement of the Saddlecrest at Windermere community underscores Toll Brothers' commitment to expanding its luxury home offerings in a desirable market, positioning the company for potential increased sales.
- The new community features half-acre home sites with luxury amenities, including water views and the ability to build private docks, catering to affluent buyers looking for upscale living.
- Construction of a new model home indicates ongoing investment in the Windermere area, enhancing the company's presence and brand visibility in a competitive market.
- The proximity to quality schools, shopping, dining, and entertainment options makes the community attractive to potential buyers, likely driving demand for homes in Saddlecrest at Windermere.
Potential Negatives
- High entry price point of $2.3 million may limit potential buyer pool, potentially impacting sales velocity and market reception.
FAQ
What is Saddlecrest at Windermere?
Saddlecrest at Windermere is a new luxury home community in Windermere, Florida, featuring single-family homes with lake views.
What home sizes are available in Saddlecrest at Windermere?
Homes in Saddlecrest at Windermere will include 5 to 7 bedrooms and 4 to 7 bathrooms, accommodating various family needs.
When will sales begin for Saddlecrest at Windermere?
Sales for the Saddlecrest at Windermere community are expected to open in spring 2025.
Where is Saddlecrest at Windermere located?
The community is ideally located where Winter Garden and Windermere converge, providing easy access to local amenities.
How much do homes start at in Saddlecrest at Windermere?
Homes in Saddlecrest at Windermere are priced from $2.3 million, offering luxury living options in the area.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TOL Insider Trading Activity
$TOL insiders have traded $TOL stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here's a breakdown of recent trading of $TOL stock by insiders over the last 6 months:
- CHRISTINE GARVEY has traded it 2 times. They made 0 purchases and 2 sales, selling 225 shares.
- MARTIN P. CONNOR (Chief Financial Officer) has traded it 7 times. They made 0 purchases and 7 sales, selling 63,813 shares.
- PAUL E SHAPIRO sold 3,837 shares.
- DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has traded it 7 times. They made 0 purchases and 7 sales, selling 212,584 shares.
- JOHN A MCLEAN sold 1,000 shares.
- ROBERT PARAHUS (President & COO) sold 6,900 shares.
- WENDELL E. PRITCHETT sold 3,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TOL Hedge Fund Activity
We have seen 358 institutional investors add shares of $TOL stock to their portfolio, and 310 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 2,071,992 shares (-98.9%) from their portfolio in Q3 2024
- FMR LLC added 1,046,758 shares (+97.7%) to their portfolio in Q3 2024
- JPMORGAN CHASE & CO removed 821,081 shares (-46.8%) from their portfolio in Q3 2024
- POINT72 ASSET MANAGEMENT, L.P. removed 796,068 shares (-82.6%) from their portfolio in Q3 2024
- WESTFIELD CAPITAL MANAGEMENT CO LP added 722,130 shares (+inf%) to their portfolio in Q3 2024
- DIMENSIONAL FUND ADVISORS LP removed 697,184 shares (-25.8%) from their portfolio in Q3 2024
- BLACKROCK, INC. added 665,465 shares (+5.2%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WINDERMERE, Fla., Jan. 09, 2025 (GLOBE NEWSWIRE) --
Toll Brothers, Inc.
(NYSE:TOL), the nation's leading builder of luxury homes, today announced the upcoming opening of its new
Saddlecrest at Windermere
community in Windermere, Florida. This exclusive Orlando-area community will feature luxury single-family homes situated on up to half-acre home sites, many with water views and direct access to Lake Roberts. Construction is underway on the new Toll Brothers model home, and the community is expected to open for sales in spring 2025.
Saddlecrest at Windermere
will offer a variety of expansive home designs that can be personalized to suit individual styles and preferences. The Toll Brothers homes in the community will include 5 to 7 bedrooms, 4 to 7 bathrooms, and 3- to 5-car garages. Homes will be priced from $2.3 million. Home buyers who purchase one of the large half-acre lakefront home sites will have the opportunity to build a private dock, further enhancing the luxury living experience.
"Saddlecrest at Windermere provides a unique opportunity for homeowners to enjoy luxury living in a tranquil setting surrounded by conserved green spaces," said Brock Fanning, Division President of Toll Brothers in Central Florida. "With its exceptional home designs and prime lakefront location, this community is set to become one of the area's most prestigious addresses."
The community is ideally located where Winter Garden and Windermere converge, offering residents the best of both areas. Children living in the community will have the opportunity to attend the nearby Orange County Schools. Shopping, dining, and entertainment options are also conveniently located nearby.
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.
For more information on Saddlecrest at Windermere and other Toll Brothers communities in the Orlando area, call (877) 431-0444 or visit
TollBrothers.com/Florida
.
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
Photos accompanying this announcement are available at:
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
