Toll Brothers Unveils New Luxury Home Designs at Cross Kirkland Towns in Washington

Toll Brothers unveils new luxury townhome designs at Cross Kirkland Towns, featuring indoor/outdoor living and community amenities.

Quiver AI Summary

Toll Brothers, Inc. has unveiled two new luxury home designs, the Curlew and Grayland, at their Cross Kirkland Towns community in Kirkland, Washington. These upscale townhomes feature a unique covered patio that connects to a fenced rear yard, enhancing indoor/outdoor living. The community offers four-bedroom layouts ranging from 1,904 to 2,421 square feet, each with modern finishes, 3.5 baths, and a 2-car garage, starting at $1.2 million. Residents benefit from access to the Eastrail trail system, various recreational amenities, and proximity to schools in the Lake Washington School District. The centrally located community is near downtown Kirkland and major employers, making it a desirable area for luxury living and connectivity.

Potential Positives

Toll Brothers has introduced two new luxury home designs at Cross Kirkland Towns, enhancing their product offering in a competitive market.
The community's location near major employers like Microsoft, Meta, and Amazon, positions it as an attractive option for prospective buyers seeking convenience.
The recognition as #1 Most Admired Home Builder in Fortune magazine’s 2026 list promotes the brand's reputation and credibility.
Cross Kirkland Towns features extensive amenities and direct access to the Eastrail trail, appealing to buyers interested in an active lifestyle and community connectivity.

Potential Negatives

Pricing starts from $1.2 million, which may limit potential buyers in a competitive real estate market.
The focus on luxury homes may alienate first-time buyers or those seeking more affordable housing options.
Highlighting a luxury lifestyle may not resonate with consumers during economic uncertainty or downturns.

FAQ

What are the new home designs at Cross Kirkland Towns?

The new Curlew and Grayland home designs feature covered patios and fenced rear yards for indoor/outdoor living.

How large are the townhomes at Cross Kirkland Towns?

The luxury townhomes range from 1,904 to 2,421 square feet, with four bedrooms and 3.5 baths.

What amenities does Cross Kirkland Towns offer?

Amenities include a pickleball court, dog park, children's playground, and access to the Eastrail trail system.

Where is Cross Kirkland Towns located?

It is located in Kirkland, Washington, with easy access to dining, shopping, and top schools in the Lake Washington School District.

What is the starting price for homes at Cross Kirkland Towns?

Pricing for the townhomes starts from $1.2 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 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 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 3 sales selling 72,130 shares for an estimated $11,536,916.
PAUL E SHAPIRO sold 3,965 shares for an estimated $581,580
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 409 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
John Lovallo from UBS set a target price of $198.0 on 02/19/2026
Mike Dahl from RBC Capital set a target price of $161.0 on 02/19/2026
Tyler Batory from Oppenheimer set a target price of $180.0 on 02/19/2026
Sam Reid from Wells Fargo set a target price of $185.0 on 02/19/2026

Full Release

KIRKLAND, Wash., March 13, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc . (NYSE:TOL), the nation’s leading builder of luxury homes, announced the release of two brand-new home designs at Cross Kirkland Towns , a luxury townhome community in Kirkland, Washington. Unique to the first building being released, the new Curlew and Grayland home designs feature a covered patio on the main living level that opens to a fenced rear yard, offering a seamless indoor/outdoor living experience. The Toll Brothers Sales Center and model homes are located at 10829 120th Lane NE in Kirkland.

Cross Kirkland Towns offers luxury four-bedroom townhomes ranging from 1,904 to 2,421 square feet, each with 3.5 baths and a 2-car garage. The community’s unique northwest contemporary architecture is complemented by sleek interior finishes and thoughtfully designed layouts, including private first-floor bedrooms with full bathrooms and flex spaces ideal for home offices in select designs. Pricing starts from $1.2 million.

Residents at Cross Kirkland Towns enjoy direct access to the Cross Kirkland Corridor section of the Eastrail trail system, a picturesque 42-mile trail connecting neighborhoods and transit hubs throughout the region. This trail offers both recreational and commuting opportunities, enhancing the active lifestyle of residents. Additional community amenities include a pickleball court, dog park, children’s playground, and open spaces connected by pedestrian paths and paseos.

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.

"Cross Kirkland Towns offers a unique combination of luxury living, thoughtful design, and connectivity to the surrounding community," said Todd Callahan, Regional President of Toll Brothers for the Pacific region. "The addition of the Curlew and Grayland home designs provides more options for home shoppers looking for the perfect home in an exceptional location."

Ideally situated in the Lake Washington School District, the community is served by Alexander Graham Bell Elementary, Finn Hill Middle, and Juanita High Schools. With its central location, Cross Kirkland Towns offers easy access to dining, shopping, and recreation in downtown Kirkland, Juanita Beach, and The Village at Totem Lake. The community is also a short commute to major employment centers, including Microsoft, Meta, and Amazon.

For more information on Cross Kirkland Towns and Toll Brothers communities throughout Washington, call 844-845-5263 or visit TollBrothers.com/WA .

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]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bc4e11f4-885e-4147-94d3-294bc1954481

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