Toll Brothers Announces New Luxury Home Community Coming Soon to South Reno, Nevada

Toll Brothers (NYSE:TOL) announced Ascente by Toll Brothers - Platinum Heights Collection, a luxury home community coming to South Reno, Nevada, with sales expected to begin in spring 2026.

Rhea-AI Summary

Toll Brothers (NYSE:TOL) announced Ascente by Toll Brothers - Platinum Heights Collection, a luxury home community coming to South Reno, Nevada, with sales expected to begin in spring 2026.

Homes range from 3,499 to 5,209+ sq ft, with pricing expected to start around $2 million. Site work is underway and buyers can join an interest list.

Argus Feb 26 session

+0.98% close to close Open Argus

Details

News Market Reaction – TOL

On Feb 26, the day this news came out, TOL closed 0.98% above the previous close.

Data tracked by StockTitan Argus for the Feb 26 session.

Market Context

This announcement adds another high-end community to Toll Brothers’ pipeline, featuring homes from 3...

Analysis

This announcement adds another high-end community to Toll Brothers’ pipeline, featuring homes from 3,499 to over 5,209 square feet and pricing starting near $2 million in a desirable Reno location. It follows a series of new community launches in Texas and recent strong quarterly results outlined in regulatory filings. Investors may track sales velocity, pricing power, and any shifts in community count or backlog as indicators of how effectively these luxury projects translate into sustained revenue and margin performance.

Key Figures

Home size range: 3,499 to 5,209+ sq ft Starting home price: $2 million Opening timeframe: Spring 2026

Home size range

3,499 to 5,209+ sq ft

Ascente by Toll Brothers - Platinum Heights Collection designs

Starting home price

$2 million

Expected starting price for homes in Platinum Heights Collection

Opening timeframe

Spring 2026

Anticipated opening for sales at Ascente Platinum Heights

Historical Context

5 past events · Latest: Feb 25

5 events

1. Feb 25

   Industry awards

   24h Move

   -1.6%

   Recognition with multiple NAHB awards across several states.

2. Feb 25

   Community close-out

   24h Move

   -1.6%

   Final opportunity to buy remaining luxury homes in SC community.

3. Feb 24

   Community opening

   24h Move

   +0.8%

   Opening of new Wildtree community with premium-priced homes in Texas.

4. Feb 19

   Community opening

   24h Move

   +0.1%

   Launch of Enclave at Hickory Hill with large luxury home designs.

5. Feb 19

   Community announcement

   24h Move

   +0.1%

   Announcement of upcoming Webster, Texas community with 25 homes.

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

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Ascente by Toll Brothers - Platinum Heights Collection offers stunning views and exquisite home designs

RENO, Nev., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest Northern Nevada community, Ascente by Toll Brothers - Platinum Heights Collection, is coming soon to South Reno, Nevada. This exclusive collection of homes is situated at the highest point of the Ascente by Toll Brothers master plan, providing exceptional views of Mt. Rose and the Sierra Nevada range. Site work is underway, and the community is anticipated to open for sale in spring 2026.

Ascente by Toll Brothers - Platinum Heights Collection will feature elegant single- and two-story home designs ranging from 3,499 to over 5,209+ square feet. These homes will showcase striking architecture, modern open floor plans with flexible designs, and exceptional indoor/outdoor living spaces. Home shoppers will experience the quality, craftsmanship, and luxury for which Toll Brothers is known, with pricing expected to start from $2 million.

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.

“The Platinum Heights Collection embodies refined luxury in a breathtaking setting, offering home buyers an extraordinary opportunity for luxury living in one of Northern Nevada's most desirable locations," said Donna O'Connell, Division President of Toll Brothers in Reno. "With breathtaking views, sophisticated home designs, and proximity to exceptional amenities, this community is truly one-of-a-kind."

Residents of Ascente by Toll Brothers - Platinum Heights Collection will enjoy direct trail access, panoramic views, and a prestigious South Reno setting combining luxury living with natural beauty. The community is conveniently located off Mt. Rose Highway, near Nevada State Route 431, Interstate 580/U.S. Route 395, just a short drive from the Reno-Tahoe International Airport and Lake Tahoe. Nearby shopping, dining, and recreational activities further enhance the appeal of this exceptional new neighborhood.

For more information and to join the Toll Brothers interest list for Ascente by Toll Brothers - Platinum Heights Collection, call (855) 400-8655 or visit TollBrothers.com/Reno.

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/3af608f6-1196-4341-8de2-3873907c19e2

https://www.globenewswire.com/NewsRoom/AttachmentNg/d97a7849-bedb-4b94-a6e9-691ef21594f4

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Toll Brothers (TOL) open sales for Ascente Platinum Heights in South Reno?

Sales are expected to open in spring 2026. According to the company, site work is already underway and the community will be available for purchase beginning in spring 2026, with an interest list open for prospective buyers.

What are the home sizes and starting prices for Ascente Platinum Heights by Toll Brothers (TOL)?

Homes will range from 3,499 to over 5,209 square feet, starting near $2 million. According to the company, designs include single- and two-story plans with modern open layouts and indoor/outdoor living features.

Where is Ascente by Toll Brothers - Platinum Heights Collection located in relation to Reno landmarks?

The community sits in South Reno near Mt. Rose Highway and Interstate 580/U.S. 395. According to the company, it offers panoramic views of Mt. Rose and is a short drive from Reno-Tahoe International Airport and Lake Tahoe.

What customization options does Toll Brothers offer buyers at Ascente Platinum Heights (TOL)?

Buyers can personalize homes at the Toll Brothers Design Studio with professional consultants. According to the company, the state-of-the-art Design Studio provides a wide array of selections for finishes, fixtures, and interior layouts.

What amenities and lifestyle features will Ascente Platinum Heights by Toll Brothers provide?

Residents will have direct trail access, panoramic mountain views, and proximity to shopping and dining. According to the company, the location combines luxury living with nearby recreational activities and convenient transport links.

How can prospective buyers join the interest list for Toll Brothers (TOL) Ascente Platinum Heights?

Prospective buyers can call (855) 400-8655 or visit TollBrothers.com/Reno to join the interest list. According to the company, those on the list will receive updates on availability, pricing, and sales timing for spring 2026.