Toll Brothers Launches 3131 Camino, New Luxury Home Community in Santa Clara, California

Toll Brothers announces the opening of 3131 Camino, a luxury townhome community in Santa Clara offering various modern home designs.

Quiver AI Summary

Toll Brothers, Inc. has announced the opening of 3131 Camino, an exclusive new community for luxury living in Santa Clara, California. The development features modern townhome- and villa-style condominiums with one- to four-story floor plans, including optional private garages and rooftop terraces. An offsite Sales Center is now operational, providing homebuyers with a customizable experience through the Toll Brothers Design Studio. Ranging from $1.369 million to over $1.6 million, the homes offer 2 to 3 bedrooms and are conveniently located near shopping, dining, and public transportation, making it easy for residents to access major employers in Silicon Valley and the broader Bay Area. The community aims to provide a high-quality lifestyle with access to recreational activities, good schools, and local amenities.

Potential Positives

Toll Brothers has launched a new luxury community, 3131 Camino, in a highly desirable location in Santa Clara, California, which is expected to attract affluent homebuyers.
The community features modern townhome- and villa-style condos with sought-after amenities such as rooftop terraces and private garages, enhancing its appeal to potential buyers.
The opening of the state-of-the-art Toll Brothers Design Studio allows customers to personalize their homes, adding value to the customer experience and satisfaction.
The prime location offers convenience with proximity to shopping, dining, public transportation, and outdoor recreation, making it an attractive option for prospective homeowners.

Potential Negatives

Homes in the new community are priced from $1.369 million to over $1.6 million, which may limit the potential buyer pool and indicate a higher financial risk in a potentially slowing housing market.
The reliance on public educational access through the Santa Clara Unified School District may raise concerns for buyers prioritizing quality education, especially as performance metrics can vary.
Despite being positioned as a luxury community, potential economic fluctuations or changes in the housing market could impact sales and profitability for Toll Brothers in this venture.

FAQ

What is 3131 Camino in Santa Clara?

3131 Camino is an exclusive new luxury community offering townhome- and villa-style condos for sale in Santa Clara, California.

What types of homes are available at 3131 Camino?

The community features modern one- to four-story floor plans, including 2 to 3 bedroom condos with private garages and rooftop terraces.

Where is the sales center for 3131 Camino located?

The offsite sales center is located at 3084 El Camino Real in Santa Clara, California.

What amenities are nearby 3131 Camino?

Homeowners will enjoy proximity to shopping, dining, outdoor recreation, and easy access to public transportation and great schools.

What are the home prices at 3131 Camino?

Homes at 3131 Camino are priced from $1.369 million to over $1.6 million.

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

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

ROBERT PARAHUS (President & COO) sold 9,831 shares for an estimated $1,286,249
PAUL E SHAPIRO sold 7,000 shares for an estimated $748,771
STEPHEN F. EAST sold 2,500 shares for an estimated $288,325
MICHAEL J. GRUBB (SVP & Chief Accounting Officer) has made 0 purchases and 2 sales selling 1,000 shares for an estimated $130,315.
CHRISTINE GARVEY sold 770 shares for an estimated $92,258

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

$TOL Hedge Fund Activity

We have seen 352 institutional investors add shares of $TOL stock to their portfolio, and 411 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LONE PINE CAPITAL LLC removed 3,800,580 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $433,760,195
AQR CAPITAL MANAGEMENT LLC added 1,183,304 shares (+83.1%) to their portfolio in Q2 2025, for an estimated $135,050,485
D1 CAPITAL PARTNERS L.P. added 913,881 shares (+132.4%) to their portfolio in Q2 2025, for an estimated $104,301,238
INVESCO LTD. removed 905,008 shares (-77.4%) from their portfolio in Q2 2025, for an estimated $103,288,563
HOLOCENE ADVISORS, LP added 751,255 shares (+150.7%) to their portfolio in Q2 2025, for an estimated $85,740,733
DIMENSIONAL FUND ADVISORS LP added 701,739 shares (+32.5%) to their portfolio in Q2 2025, for an estimated $80,089,472
VICTORY CAPITAL MANAGEMENT INC removed 678,520 shares (-69.6%) from their portfolio in Q2 2025, for an estimated $77,439,487

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 8 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Wedbush issued a "Outperform" rating on 08/26/2025
Wells Fargo issued a "Overweight" rating on 08/21/2025
RBC Capital issued a "Outperform" rating on 08/21/2025
B of A Securities issued a "Buy" rating on 08/19/2025
Seaport Global issued a "Buy" rating on 07/23/2025
Raymond James issued a "Strong Buy" rating on 05/23/2025
Evercore ISI Group issued a "Outperform" rating on 05/22/2025

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 11 analysts offer price targets for $TOL in the last 6 months, with a median target of $155.0.

Here are some recent targets:

Jay McCanless from Wedbush set a target price of $165.0 on 08/26/2025
Buck Horne from Raymond James set a target price of $160.0 on 08/25/2025
Anthony Pettinari from Citigroup set a target price of $142.0 on 08/25/2025
Sam Reid from Wells Fargo set a target price of $160.0 on 08/21/2025
Mike Dahl from RBC Capital set a target price of $145.0 on 08/21/2025
Rafe Jadrosich from B of A Securities set a target price of $145.0 on 08/19/2025
Kenneth Zener from Seaport Global set a target price of $161.0 on 07/23/2025

Full Release

SANTA CLARA, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced 3131 Camino , an exclusive new Northern California community, is now open for sales in highly sought-after Santa Clara, California. This community offers new townhome- and villa-style condos with modern one- to four-story floor plans, private garages, and rooftop terraces on select homes. The offsite Sales Center is now open at 3084 El Camino Real in Santa Clara.

3131 Camino is an exclusive urban enclave offering a broad range of home designs, including townhome- and villa-style condos. Homes feature open floor plans with 2 to 3 bedrooms, 2 to 3 bathrooms, and private one- to two-car garages, as well as rooftop terraces on select residences.

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

“We are thrilled to introduce 3131 Camino to the Santa Clara community,” said Alli Sweeney, Division President of Toll Brothers in Northern California. “This community exemplifies the ultimate in luxury living with its superior craftsmanship and prime location.”

Homeowners will enjoy the convenience of living just minutes from excellent shopping, dining, and public transportation. The community is ideally located close to exciting outdoor recreation, and great schools. Nearby the Lawrence Caltrain offers easy access to Silicon Valley’s top employers and the San Francisco Bay Area. Public education will be available through Santa Clara Unified School District, with close access to private schools and universities. The community is also located near Cupertino, Westfield Valley Fair, Santana Row, Downtown San Jose, Stanford Shopping Center, Mountain View, and Los Gatos restaurants.

Toll Brothers homes in 3131 Camino are priced from $1.369 million to over $1.6 million. For more information on 3131 Camino, home shoppers are invited to call (844) 790-5263 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 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.

Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 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 .

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/8ecc4fdf-811e-48ab-8d51-13d91412c9e3

https://www.globenewswire.com/NewsRoom/AttachmentNg/57f93780-aa49-4560-8cef-00dafb2ddf7b

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