Toll Brothers Announces Chapel Oaks Model Home Grand Opening in Chapel Hill, North Carolina
Rhea-AI Summary
Toll Brothers (NYSE:TOL) opened the Kendrick model home at its new Chapel Oaks luxury community in Chapel Hill, North Carolina, with a public grand opening on Feb. 14, 2026 at 588 Peak View Place.
Chapel Oaks features 2-story single-family homes from 3,905–5,200+ sq ft, 4–5 bedrooms, 3.5–5.5 bathrooms, 2–4 car garages, and pricing starting at $1 million. The community is near downtown Chapel Hill and UNC and offers a Toll Brothers Design Studio for personalization.
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News Market Reaction – TOL
On the day this news was published, TOL gained 0.12%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
TOL gained 5.92% with above-average volume while key builders like NVR, PHM, DHI, LEN, and TMHC also advanced between 1.62% and 4.62%. Despite broad strength in residential construction, the momentum scanner did not flag a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 09 | New community launch | Positive | -0.7% | Announced Crestmoor Estates luxury community launch in San Bruno, California. |
| Feb 05 | New community launch | Positive | +0.1% | Revealed Haven at Palm Valley gated luxury community in Ponte Vedra, Florida. |
| Feb 05 | Sales underway | Positive | +0.1% | Started sales at 400 Lake at Asbury Park waterfront townhome community. |
| Feb 04 | Model homes opening | Positive | +2.7% | Opened three model homes at Glenrock luxury community in Las Vegas. |
| Feb 04 | Community opening | Positive | +2.7% | Opened Regency at EverRange 55+ active-adult community in Jacksonville. |
Recent community-launch announcements have usually seen small positive price reactions, with one notable divergence where similar news coincided with a modest decline.
Over the past weeks, Toll Brothers has repeatedly highlighted expansion of its luxury home footprint, including new communities in San Bruno, CA, Ponte Vedra, FL, Asbury Park, NJ, Las Vegas’s Glenrock, and Jacksonville’s Regency at EverRange. These updates often involved premium pricing and design-studio personalization. Price reactions ranged from about flat to modestly positive, with a -0.67% move on the San Bruno news standing out as a divergence. Today’s Chapel Hill model-home opening continues this cadence of geographic and product expansion.
Market Pulse Summary
This announcement highlights Toll Brothers’ continued expansion of its luxury footprint through Chapel Oaks in Chapel Hill, with homes from $1 million and sizes up to 5,200+ sq ft. It follows a strong fiscal 2025, including $10.8 billion in home sales revenue and $1.1 billion in operating cash flow, as detailed in recent filings. Investors may track how new communities like Chapel Oaks contribute to sustaining high margins, community count growth, and demand at premium price points across diverse markets.
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AI-generated analysis. Not financial advice.
New luxury community in Chapel Hill features a stunning model home and spacious design
CHAPEL HILL, N.C., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Raleigh-area luxury home community, Chapel Oaks, will celebrate the grand opening of its new model home this weekend in Chapel Hill, North Carolina. The highly anticipated Kendrick model home blends modern design with refined amenities, featuring a soaring two-story great room, multigenerational suite, expansive outdoor entertaining space, and a primary retreat with a standout spa-inspired bath. The community will host a grand opening event open to the public this Saturday, Feb. 14, 2026, from 12 noon to 2 pm at 588 Peak View Place in Chapel Hill.

This exclusive collection of single-family homes offers elegant architecture, modern features, and an ideal location near downtown Chapel Hill. Chapel Oaks offers expansive two-story home designs ranging from 3,905 to over 5,200 square feet with 4 to 5 bedrooms, 3.5 to 5.5 bathrooms and 2- to 4-car garages. Each home design showcases open-concept floor plans with options for versatile flex rooms, luxurious primary bedroom suites, and seamless indoor/outdoor living spaces. Pricing starts from
"Chapel Oaks is a community that combines ultimate sophistication with the charm of Chapel Hill living,” said Ted Pease, Division President of Toll Brothers in Raleigh. "Our new Kendrick model home highlights the exceptional craftsmanship and premium finishes that Toll Brothers is known for, offering home shoppers a glimpse of the unparalleled lifestyle that awaits them in this fantastic community."

Situated less than three miles from downtown Chapel Hill, Chapel Oaks offers convenient access to shopping, dining, and entertainment venues. The community is served by top-ranked Schools and is located near the University of North Carolina at Chapel Hill. Residents will also enjoy proximity to serene outdoor recreation, walking trails, and green spaces.
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.

Home shoppers are invited to RSVP for the model grand opening event on Feb. 14 or schedule an appointment for a private tour by calling 844-840-5263 or visiting TollBrothers.com/NC.
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/145e9740-2c4b-4333-aeba-29013a0ced84
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a09f129-7471-46c2-9c89-2f565990b238
https://www.globenewswire.com/NewsRoom/AttachmentNg/e66f52c3-c10c-4e91-9325-82c95e88e7f0
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)