Toll Brothers Announces Cedar Terrace Community Now Open in Chantilly, Virginia
Rhea-AI Summary
Toll Brothers (NYSE:TOL) announced the opening of Cedar Terrace, a new luxury community in Chantilly, Virginia’s South Riding neighborhood. The community offers modern townhomes and condominiums with 2- to 4-story floor plans, 1- to 2-car garages, future resort-style amenities, and pricing from the mid-$500,000s.
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News Market Reaction – TOL
In the May 21 session, TOL declined 1.32%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 19 | Quarterly earnings | Positive | +8.3% | Reported Q2 results with strong backlog and raised full-year guidance. |
| May 18 | Community opening | Positive | +0.6% | Announced opening of Cameron Cove luxury community in Marietta, Georgia. |
| May 18 | Model home opening | Positive | +0.6% | Opened model homes at South Main townhome community in Milpitas, California. |
| May 15 | New community planned | Positive | -4.4% | Announced Everstead townhome community coming soon to Cary, North Carolina. |
| May 14 | Final sales phase | Positive | -0.7% | Announced final opportunity to buy at The Cove at Encinitas community. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings news showed a strong positive reaction, while community-related announcements have produced mixed, often smaller, price moves.
In the last week, Toll Brothers reported FY 2026 Q2 results, with net income of $260.6 million and home sales revenue of $2.51 billion, alongside higher full-year homebuilding guidance and significant cash and revolver availability. Around these results, the company announced several luxury community developments and milestones across Georgia, California, North Carolina, and now Virginia. Past community openings and final-opportunity notices generally coincided with modest price changes, while the recent earnings release on May 19 aligned with a stronger positive move.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New luxury community offers townhomes and condominiums in a prime location
CHANTILLY, Va., May 21, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Cedar Terrace, is now open in Chantilly, Virginia. Located in the sought-after South Riding neighborhood, this community features two distinct collections of modern townhomes and condominiums with designer-appointed interiors and move-in dates available as early as fall 2026.
Cedar Terrace offers versatile home designs with open-concept 2- to 4-story floor plans, modern architecture, and 1- to 2-car garages. The community also features an array of future amenities, including an outdoor pool with a bathhouse, a tot lot, pickleball courts, and pocket parks. Homes are priced from the mid-
"Cedar Terrace provides home shoppers with an exceptional opportunity to own a luxury home in one of the most desirable areas of Northern Virginia," said Nimita Shah, Division President of Toll Brothers in D.C. Metro. "With its proximity to South Riding Market Square, top-rated Loudoun County schools, and easy access to major commuter routes, this community truly has something for everyone."
Situated just steps from South Riding Market Square, Cedar Terrace offers convenient access to a variety of dining, shopping, and entertainment options. The community is also located near Route 50, Dulles International Airport, and other major transportation routes, making it an ideal location for commuters.
The Toll Brothers Sales Center is now open daily at 42720 Portmagee Terrace in Chantilly. For more information on Cedar Terrace and other Toll Brothers communities throughout Virginia, call 855-298-0316 or visit TollBrothers.com/VA.
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.
From Fortune, ©2026 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:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a5e906e6-bb7c-498d-af38-c7617371ac03
https://www.globenewswire.com/NewsRoom/AttachmentNg/9f97d8dd-01b1-4d85-bd3c-638ec1a46ad4
https://www.globenewswire.com/NewsRoom/AttachmentNg/86bd1a4d-e2f0-4fe4-8aa3-ea3aa768c053
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
