STOCK TITAN

Toll Brothers Announces Model Grand Opening at Sereno Canyon - Enclave Collection in Scottsdale, Arizona

(Neutral)
(Very Positive)
Tags

Toll Brothers (NYSE:TOL) announced a model grand opening for two new Desert Contemporary designs — Palmer and Caullins — in the Enclave Collection at Sereno Canyon, Scottsdale. The public event is Saturday, April 11, 10:00 a.m. to 5:30 p.m. at 12668 E Black Rock Road.

Homes range 2,157–2,392 sq ft with 2–4 bedrooms, 2.5–4 bathrooms, 2-car garages; pricing starts at $1.2 million. Amenities include the Mountain House Lodge, pools, fitness center, spa, restaurant, trails, and a Toll Brothers Design Studio.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – TOL

-0.08%
-0.08% Session close to close

In the Apr 10 session, TOL declined 0.08%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights the grand opening of two new luxury model homes at Sereno Canyon’s Encl...
Analysis

This announcement highlights the grand opening of two new luxury model homes at Sereno Canyon’s Enclave Collection in Scottsdale, with paired homes ranging from 2,157–2,392 sq ft and pricing from $1.2 million. It extends a recent series of community launches across Nevada, Texas, and North Carolina. Investors may contextualize this against the company’s latest quarter, which delivered $2.15 billion in revenue, $210.9 million in net income, and a $6.02 billion backlog, indicating ongoing scale to support new high-end projects.

Key Figures

Home size range: 2,157–2,392 sq ft Bedrooms: 2–4 bedrooms Bathrooms: 2.5–4 bathrooms +5 more
8 metrics
Home size range 2,157–2,392 sq ft Sereno Canyon Enclave paired homes
Bedrooms 2–4 bedrooms Sereno Canyon Enclave homes
Bathrooms 2.5–4 bathrooms Sereno Canyon Enclave homes
Garage size 2-car garages Sereno Canyon Enclave homes
Starting price $1.2 million Sereno Canyon Enclave pricing
Quarterly revenue $2.15 billion Most recent 10-Q revenue, up from $1.86 billion
Net income $210.9 million Most recent 10-Q, up from $177.7 million
Backlog $6.02 billion Most recent 10-Q homebuilding backlog

Historical Context

5 past events · Latest: Apr 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 08 Community grand opening Positive +4.6% Announced Reno, Nevada model home grand opening with luxury amenities.
Apr 07 Community sales launch Positive -3.4% Opened sales for Clara Vista at Waterridge in Kyle, Texas.
Apr 07 Final sales opportunity Positive -3.4% Announced final chance to buy at StoneCreek in Richmond, Texas.
Apr 02 Industry awards Positive -0.8% Reported multiple New Jersey Builders Association design and sales awards.
Apr 02 New community planned Positive -0.8% Announced new luxury townhome community coming to Charlotte, North Carolina.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive community and award announcements often saw the stock trade down modestly in the following session, with only one notable gain on similar "grand opening" news.

Recent Company History

Over the past months, Toll Brothers has steadily expanded its luxury footprint with new communities in Nevada, Texas, and North Carolina, alongside recognition at New Jersey industry awards. Events such as the Quilici - Palovista Collection opening in Reno on Apr 18, 2026 and other Texas grand openings saw mixed price reactions, from +4.56% to declines around -3.43%. Against this backdrop, the Sereno Canyon Enclave model opening in Scottsdale continues the strategy of rolling out high-end, amenity-rich communities across key markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

New Palmer and Caullins Desert Contemporary model homes to debut on April 11

SCOTTSDALE, Ariz., April 10, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the opening of two brand-new models in the Enclave Collection at Sereno Canyon in Scottsdale, Arizona. A model grand opening event will be held on Saturday, April 11 from 10 a.m. to 5:30 p.m. at 12668 E Black Rock Road. The event will feature tours of the brand-new professionally designed Caullins and Palmer home designs, showcasing the exceptional craftsmanship and design synonymous with Toll Brothers. The public is invited to join the celebration, enjoy refreshments, and explore these stunning desert contemporary homes.

Sereno Canyon by Toll Brothers

Set against the breathtaking backdrop of the McDowell Mountains, the Enclave Collection offers luxury paired homes featuring low-maintenance designs ideal for a lock-and-leave lifestyle. These homes range from 2,157 to 2,392 square feet and boast 2 to 4 bedrooms, 2.5 to 4 bathrooms, and 2-car garages. Pricing starts from $1.2 million.

"We are excited to unveil two brand-new models of the popular Palmer and Caullins Desert Contemporary home designs. These models exemplify the sophisticated living and architectural excellence that Toll Brothers is known for," said Bob Flaherty, Group President of Toll Brothers in Arizona. "This community offers home shoppers the unique opportunity to enjoy beautifully designed homes in a private, amenity-rich setting with unparalleled mountain views."

Sereno Canyon by Toll Brothers

Residents at Sereno Canyon will enjoy exclusive access to the Mountain House Lodge, a private resort featuring sparkling pools, a state-of-the-art fitness center, a spa, a restaurant, outdoor gathering areas, and more. The community’s location in North Scottsdale provides convenient access to hiking and biking trails, high-end shopping and dining, and world-class golf courses, all while offering stunning views of the surrounding Sonoran Desert.

Home shoppers 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.

Sereno Canyon by Toll Brothers

For more information or to schedule a tour, call 844-836-5263 or visit TollBrothers.com/Arizona.

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/7c92d622-7456-4722-a497-04b034907001

https://www.globenewswire.com/NewsRoom/AttachmentNg/efc45580-9149-4f25-9d0c-e91ead0ce073

https://www.globenewswire.com/NewsRoom/AttachmentNg/adaeeabf-6a88-4ad2-acad-26dfc2b8831c

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


FAQ

When is the Toll Brothers (TOL) Sereno Canyon Enclave model grand opening?

The model grand opening is Saturday, April 11, from 10:00 a.m. to 5:30 p.m. local time. According to Toll Brothers, the event at 12668 E Black Rock Road offers tours, refreshments, and access to two new Desert Contemporary models.

What floor plans and sizes are available in the Enclave Collection at Sereno Canyon (TOL)?

Homes in the Enclave Collection range from 2,157 to 2,392 square feet with 2 to 4 bedrooms. According to Toll Brothers, configurations include 2.5 to 4 bathrooms and attached 2-car garages tailored for low-maintenance, lock-and-leave living.

How much do homes start for the Palmer and Caullins models at Sereno Canyon (TOL)?

Pricing for the Palmer and Caullins Desert Contemporary models starts from $1.2 million. According to Toll Brothers, that entry price applies to the Enclave Collection and reflects homes positioned for luxury, low-maintenance Scottsdale living.

What community amenities does Sereno Canyon offer for Toll Brothers (TOL) homebuyers?

Sereno Canyon residents have access to the private Mountain House Lodge with pools, fitness center, spa, restaurant, and outdoor gathering areas. According to Toll Brothers, the community also provides nearby hiking, biking, shopping, dining, and golf access.

How can prospective buyers schedule a tour of Toll Brothers (TOL) models at Sereno Canyon?

Buyers can schedule tours by calling 844-836-5263 or visiting TollBrothers.com/Arizona to arrange appointments. According to Toll Brothers, the Design Studio is available for one-stop selections and consultation with professional Design Consultants.