Toll Brothers Announces New Luxury Townhome Community in Redondo Beach, California

Toll Brothers plans luxury townhomes in Redondo Beach, offering 43 residences with customizable interiors, set to launch summer 2026.

Quiver AI Summary

Toll Brothers, Inc. has announced the upcoming launch of a new luxury townhome community in Redondo Beach, California, set to open for sales in summer 2026. This exclusive enclave will feature 43 townhomes with modern designs, ranging from 1,400 to 2,200 square feet, offering three bedrooms, up to 3.5 baths, and attached two-car garages. Located along the Pacific Coast Highway, the community provides residents access to local attractions, including the Redondo Beach Harbor, scenic trails, and top-rated schools within the Redondo Beach Unified School District. Homebuyers will have the opportunity to personalize their interiors at the Toll Brothers Design Studio. Nick Norvilas, Group President of Toll Brothers in Los Angeles, expressed excitement about the project, highlighting the community's exceptional location and thoughtfully designed homes.

Potential Positives

Toll Brothers is expanding into Redondo Beach, offering a new community of 43 luxury townhomes, which indicates growth and opportunity in a desirable market.
The new townhomes will feature modern designs, personalization options, and high-quality amenities, catering to affluent homebuyers seeking luxury living.
Located in a prime area with access to top-rated schools and local attractions, the development enhances Toll Brothers' reputation for building in sought-after locations.
Toll Brothers' recognition as the #1 Most Admired Home Builder for 2026 reinforces its prestigious brand image and can attract potential buyers to its new development.

Potential Negatives

Delay in opening the new community until summer 2026 may lead to uncertainties in demand and potential market shifts.
Limited information on pricing or potential financial implications for buyers may raise concerns about affordability in the luxury segment.
High construction costs and possible market saturation in Southern California could pose risks to profitability for the new community.

FAQ

What is Toll Brothers at Redondo Beach?

Toll Brothers at Redondo Beach is an exclusive community of 43 luxury townhomes in California, offering sophisticated designs and modern amenities.

When will the townhomes be available for sale?

The community is anticipated to open for sale in summer 2026, with site work currently underway.

What features do the townhomes offer?

Each three-story residence will feature 3 bedrooms, 2.5 to 3.5 baths, and a 2-car attached garage, with options for interior personalization.

Where is Toll Brothers at Redondo Beach located?

The community is located along the Pacific Coast Highway in Redondo Beach, close to the harbor, schools, and shopping areas.

How can I get more information about the community?

For more information or to join the interest list, call (844) 700-8655 or visit TollBrothers.com/CA.

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 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:

DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has made 0 purchases and 4 sales selling 92,275 shares for an estimated $14,520,022.
PAUL E SHAPIRO has made 0 purchases and 2 sales selling 7,777 shares for an estimated $1,144,428.
JOHN A MCLEAN sold 2,313 shares for an estimated $354,888

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TOL Revenue

$TOL had revenues of $2.1B in Q1 2026. This is an increase of 15.41% from the same period in the prior year.

You can track TOL financials on Quiver Quantitative's TOL stock page.

$TOL Hedge Fund Activity

We have seen 317 institutional investors add shares of $TOL stock to their portfolio, and 408 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 3,151,509 shares (+2067.8%) to their portfolio in Q4 2025, for an estimated $426,147,046
D1 CAPITAL PARTNERS L.P. removed 1,603,881 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $221,560,121
HOLOCENE ADVISORS, LP removed 1,225,926 shares (-55.1%) from their portfolio in Q4 2025, for an estimated $165,769,713
BLACKROCK, INC. removed 976,725 shares (-8.8%) from their portfolio in Q4 2025, for an estimated $132,072,754
CITADEL ADVISORS LLC added 946,520 shares (+876.1%) to their portfolio in Q4 2025, for an estimated $127,988,434
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 784,007 shares (-76.4%) from their portfolio in Q4 2025, for an estimated $106,013,426
LONG POND CAPITAL, LP removed 641,844 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $88,664,330

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TOL Analyst Ratings

Wall Street analysts have issued reports on $TOL in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 12/10/2025
UBS issued a "Buy" rating on 12/10/2025
B of A Securities issued a "Buy" rating on 10/10/2025

To track analyst ratings and price targets for $TOL, check out Quiver Quantitative's $TOL forecast page.

$TOL Price Targets

Multiple analysts have issued price targets for $TOL recently. We have seen 12 analysts offer price targets for $TOL in the last 6 months, with a median target of $166.0.

Here are some recent targets:

Anthony Pettinari from Citigroup set a target price of $162.0 on 02/26/2026
Jade Rahmani from Keefe, Bruyette & Woods set a target price of $170.0 on 02/25/2026
Michael Rehaut from JP Morgan set a target price of $143.0 on 02/23/2026
Mike Dahl from RBC Capital set a target price of $161.0 on 02/19/2026
John Lovallo from UBS set a target price of $198.0 on 02/19/2026
Stephen Kim from Evercore ISI Group set a target price of $174.0 on 02/19/2026
Sam Reid from Wells Fargo set a target price of $185.0 on 02/19/2026

Full Release

REDONDO BEACH, Calif., March 06, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced a new community is coming soon to Redondo Beach, California. An exclusive enclave of 43 luxury townhomes, Toll Brothers at Redondo Beach , will offer sophisticated architecture, open-concept living spaces, and a premier location along the Pacific Coast Highway in the heart of the South Bay. Site work is underway, and the community is anticipated to open for sale in summer 2026.

Toll Brothers at Redondo Beach presents a rare opportunity to own a luxurious new construction townhome in one of Southern California's most coveted coastal destinations. Ranging from 1,400 to 2,200 square feet, these modern three-story residences will feature 3 bedrooms, 2.5 to 3.5 baths, 2-car attached garages and the opportunity to personalize interiors to reflect each home shopper's unique style.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio . The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

Located within the highly rated Redondo Beach Unified School District, Toll Brothers at Redondo Beach provides convenient access to the Redondo Beach Harbor and Pier, scenic seaside trails, Riviera Village shopping and dining, Palos Verdes hiking paths, and prestigious golf courses. Premier entertainment and sports venues, including SoFi Stadium, Crypto.com Arena, and Dignity Health Sports Park, are just a short drive away.

"We are thrilled to expand into Redondo Beach with this new community of luxury townhomes," said Nick Norvilas, Group President of Toll Brothers in Los Angeles. "Toll Brothers at Redondo Beach will offer home shoppers the chance to embrace Southern California coastal living in an exclusive setting, with thoughtfully designed homes and a location that is second to none."

For more information and to join the Toll Brothers interest list for Toll Brothers at Redondo Beach, call (844) 700-8655 or visit TollBrothers.com/CA .

About Toll Brothers

Toll Brothers, Inc. , a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. 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 .

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/0d1837bc-f78f-48eb-bdec-2122ad1721f1

https://www.globenewswire.com/NewsRoom/AttachmentNg/86e5af08-9172-41e1-a9b1-c09b0a95734d

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