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Toll Brothers Announces New Luxury Home Community Coming Soon to Scottsdale, Arizona

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Toll Brothers (NYSE:TOL), America's leading luxury home builder, has announced its newest community, Toll Brothers at Storyrock, coming to Scottsdale, Arizona in fall 2025. The exclusive gated neighborhood will feature two collections of single-level homes ranging from 3,665 to over 5,000 square feet, with prices starting at $2 million.

The development will offer the Canyon Collection (3-4 bedrooms) and Overlook Collection (3-7 bedrooms) with expansive home sites featuring mountain views. Distinctive features include options for private casitas, cabana suites, and up to eight-car garages. The community will be located at 12835 East Black Rock Road, providing access to premium amenities and showcasing contemporary, desert contemporary, modern ranch, and Spanish architecture.

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Positive

  • Premium pricing starting at $2 million indicates strong profit potential
  • Large-scale luxury development with homes up to 5,035 square feet
  • Strategic location in desirable Scottsdale master-planned community
  • Extensive customization options including up to 8-car garages

Negative

  • High price point may limit buyer pool in challenging market conditions
  • Project success dependent on luxury market stability

News Market Reaction – TOL

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+3.00% News Effect

On the day this news was published, TOL gained 3.00%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SCOTTSDALE, Ariz., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced its newest luxury home community, Toll Brothers at Storyrock is coming soon to Scottsdale, Arizona. This exclusive gated neighborhood within the esteemed Storyrock master plan will offer single-level home designs on expansive home sites with stunning mountain views. Sales are expected to begin in fall 2025.

Sculpted into the serene Sonoran Desert and surrounded by the majestic McDowell Mountains, Toll Brothers at Storyrock will feature two collections of sophisticated single-family home designs ranging from 3,665 to over 5,000 square feet. Home shoppers will enjoy an array of luxury personalization options including private casitas, cabana suites, up to eight-car garages, and more. The community will showcase award-winning contemporary, desert contemporary, modern ranch, and Spanish architecture. Homes are anticipated to be priced from $2 million.

Toll Brothers at Storyrock

“Our new Toll Brothers at Storyrock community will offer residents the exclusive opportunity to build a new construction home in the final phase of one of Scottsdale’s most desirable master-planned communities,” said Bob Flaherty, Group President of Toll Brothers in Arizona. “With large home sites, unique architectural designs, unrivaled personalization options, and unparalleled views, this community is the epitome of luxury living in Scottsdale.”

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.

The Canyon Collection at Toll Brothers at Storyrock will offer single-level home designs ranging from 3,665 to 4,108 square feet with 3 to 4 bedrooms, 3.5 to 4.5 baths, and 3-car garages. The Overlook Collection will feature homes ranging from 4,121 to over 5,035 square feet, with 3 to 7 bedrooms, 3.5 to 7.5 baths, and garages for up to eight cars. Each collection will provide residents with sweeping views of the Four Peaks and McDowell Mountains and graceful architecture that complements the serene desert setting.

Residents of Toll Brothers at Storyrock will have convenient access to world-class shopping, dining, entertainment, and outdoor recreation. The community is ideally located near top-rated golf courses and vibrant cultural destinations.

Toll Brothers at Storyrock will be located at 12835 East Black Rock Road in Scottsdale. For more information and to join the interest list for Toll Brothers at Storyrock, call (844) 836-5263 or visit TollBrothers.com/Arizona.

Toll Brothers at Storyrock

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.

From Fortune, ©2025 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/f2e1efb8-69e6-4c25-937b-8ce60cbcd164

https://www.globenewswire.com/NewsRoom/AttachmentNg/3ded38e4-b4fc-48b3-b843-a8341a7d6060

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


FAQ

What is the starting price for Toll Brothers at Storyrock homes in Scottsdale?

Homes at Toll Brothers at Storyrock are anticipated to be priced from $2 million.

When will Toll Brothers (NYSE:TOL) begin sales at the Storyrock community?

Sales at the Storyrock community are expected to begin in fall 2025.

What are the home sizes offered at Toll Brothers Storyrock development?

The development offers homes ranging from 3,665 to over 5,000 square feet, with the Canyon Collection spanning 3,665-4,108 sq ft and the Overlook Collection ranging from 4,121-5,035 sq ft.

Where is the new Toll Brothers Storyrock community located?

The community is located at 12835 East Black Rock Road in Scottsdale, Arizona, near the McDowell Mountains with views of the Four Peaks.

What architectural styles are available at Toll Brothers Storyrock?

The community showcases contemporary, desert contemporary, modern ranch, and Spanish architecture designs.
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