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Toll Brothers Announces New Luxury Home Community Coming Soon to Nolensville, Tennessee 

Toll Brothers (NYSE:TOL) announced a new Nashville-area community, Sagebrook by Toll Brothers, coming to Nolensville, Tennessee, with site work underway and sales anticipated to open in fall 2026.

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Toll Brothers (NYSE:TOL) announced a new Nashville-area community, Sagebrook by Toll Brothers, coming to Nolensville, Tennessee, with site work underway and sales anticipated to open in fall 2026.

The community will feature 26 single-family homes, four floor plans with 4–5 bedrooms, up to 4,883 sq ft, three exterior elevation styles, and a Toll Brothers Design Studio for customization. Sagebrook is located less than a mile from historic downtown Nolensville and near local shops and the Publix at Village Green.

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Argus Feb 10 session
+5.92% close to close Open Argus
Details

News Market Reaction – TOL

On Feb 10, the day this news came out, TOL closed 5.92% above the previous close.

Data tracked by StockTitan Argus for the Feb 10 session.

Market Context

On Feb 10, the day this news came out, the stock closed 5.9% above the previous close. A strong posi...
Analysis

On Feb 10, the day this news came out, the stock closed 5.9% above the previous close. A strong positive reaction aligns with the company’s pattern of modest gains following community expansion news, as seen in prior moves of up to 2.74% after similar announcements. The Nolensville project adds 26 new luxury homes and fits a broader growth strategy that delivered 11,292 homes and $10.8 billion in home sales revenue in fiscal 2025. Investors would watch whether continued land and community investments sustain margins near 25.6% and support cash generation.

Key Figures

Homes in Sagebrook: 26 homes Max home size: 4,883 sq ft Homes delivered: 11,292 homes +5 more
Homes in Sagebrook
26 homes
Planned Sagebrook by Toll Brothers community in Nolensville, TN
Max home size
4,883 sq ft
Largest floor plan at Sagebrook by Toll Brothers
Homes delivered
11,292 homes
Fiscal 2025 deliveries from DEF 14A
Avg home price
$960,000
Fiscal 2025 average delivered home price
Home sales revenue
$10.8 billion
Fiscal 2025 home sales revenue
Gross margin
25.6%
Fiscal 2025 gross margin on home sales
Operating cash flow
$1.1 billion
Fiscal 2025 operating cash flow
Liquidity
$3.5 billion
Total liquidity at fiscal 2025 year-end

Historical Context

5 past events · Latest: Feb 05
5 events
  1. Feb 05

    New FL community

    24h Move
    +0.1%

    Announced Haven at Palm Valley, a 20-home luxury community in Ponte Vedra.

  2. Feb 05

    Sales start NJ

    24h Move
    +0.1%

    Sales underway at 400 Lake at Asbury Park waterfront townhome community.

  3. Feb 04

    Las Vegas models open

    24h Move
    +2.7%

    Grand opening of model homes at Glenrock luxury gated community in Las Vegas.

  4. Feb 04

    55+ FL community

    24h Move
    +2.7%

    Opened Regency at EverRange, a 55+ gated community in Jacksonville.

  5. Feb 04

    New GA community

    24h Move
    +2.7%

    Announced Cameron Cove, a new luxury community in Marietta, Georgia.

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

Key Terms

restricted stock units, senior unsecured revolving credit facility, senior unsecured term loan, sofr, +2 more
6 terms
restricted stock units financial
"A total of 4,897 restricted stock units were exercised at $0 and converted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
senior unsecured revolving credit facility financial
"The company’s senior unsecured revolving credit facility was increased from"
A senior unsecured revolving credit facility is a bank loan line that a company can draw, repay and redraw up to an agreed limit, similar to a company credit card. It is “senior” because lenders are paid before other creditors if the company fails, and “unsecured” because it isn’t backed by specific assets; investors watch it for signals about a company’s short-term cash flexibility, borrowing cost and financial risk.
senior unsecured term loan financial
"The company also amended its $650 million senior unsecured term loan."
A senior unsecured term loan is a fixed-schedule loan a company takes from lenders that ranks high in repayment order but is not backed by specific collateral. Think of it as a formal IOU that gets paid before shareholders and some other creditors, yet carries more risk than loans secured by assets; because of that, it usually pays a higher interest rate. Investors watch these loans for signals about a company’s cash flow, credit risk and how safely it can service its debts.
sofr financial
"while removing a 10-basis-point Secured Overnight Financing Rate (SOFR) credit"
The Secured Overnight Financing Rate (SOFR) is a market benchmark that measures the cost of borrowing cash overnight using U.S. Treasury securities as collateral. Investors watch SOFR because it acts like a speedometer for short-term interest costs—affecting loan rates, bond yields and the pricing of interest-rate contracts—so movements change borrowing expenses, cash returns and the value of interest-sensitive investments.
definitive proxy statement regulatory
""[DEF 14A] Toll Brothers, Inc. Definitive Proxy Statement""
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
8-k regulatory
""[8-K] Toll Brothers, Inc. Reports Material Event""
An 8-K is a public report companies must file with the U.S. Securities and Exchange Commission to disclose major events or changes that shareholders should know about, such as leadership changes, mergers, financial surprises, or legal developments. It matters to investors because it acts like a breaking-news alert for a company’s health and prospects—providing timely facts that can affect stock value and investment decisions.
View in glossary

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NOLENSVILLE, Tenn., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest Nashville-area community, Sagebrook by Toll Brothers, is coming soon to Nolensville, Tennessee. This highly anticipated community will be located on Clovercroft Road and Sagebrook Drive in Nolensville. Site development is underway and the community is anticipated to open for sale in fall 2026.

Located less than a mile from historic downtown Nolensville, Sagebrook by Toll Brothers will feature 26 exquisite single-family homes. The all-new floor plans will include 4 to 5 spacious bedrooms and offer up to 4,883 square feet of elegant living space. Customers will select from four home designs, each offered with three distinct exterior elevation styles and crafted with the unparalleled quality, craftsmanship, and value for which Toll Brothers is known. Home shoppers will also have the opportunity to visit the new state-of-the-art Toll Brothers Design Studio and work with professional design consultants to choose from an array of finishes and fixture selections to personalize their homes.   

 Sagebrook by Toll Brothers

“We’re excited to introduce our first community in Nolensville and look forward to building exceptional homes in this charming Nashville-area town,” said Jordan Hartigan, Division President of Toll Brothers in Tennessee. “The floor plans at Sagebrook by Toll Brothers have been specifically designed for area home shoppers with elegance and livability in mind. The unique architecture of the homes truly sets them apart and creates the perfect backdrop to everything that makes Nolensville such a special place to live.”
  
Residents will enjoy the small-town feel of Nolensville, known for its historic roots and welcoming community, as well as the convenience of being in proximity to nearby Franklin, Brentwood, downtown Nashville, and the entire South Nashville corridor. Many shops and eateries, along with the newly opened Publix Super Market at Village Green, are located less than a mile from the community. With scenic countryside, local shopping, and a strong sense of hometown pride, Nolensville offers a perfect blend of tranquility, convenience, and assignment to highly rated Williamson County Schools.
  
Toll Brothers’ portfolio of new home communities in the greater Nashville area includes Toll Brothers at The Nations in Nashville, Tomlinson Pointe in Mt. Juliet, Meadowlark in Murfreesboro, and Toll Brothers at August Park in Spring Hill. Another new Toll Brothers luxury home community, Franklin Ridge in Franklin, is set to open in spring 2026.

To join the interest list for Sagebrook by Toll Brothers and for more information on other Toll Brothers communities in the Nashville area, call (855) 949-8655 or visit TollBrothers.com/TN.  

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, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08739fa3-08c1-49fd-9461-72b3fdba8d8a

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 Sagebrook by Toll Brothers (TOL) open for sale?

Sagebrook by Toll Brothers (NYSE:TOL) is expected to open for sale in fall 2026 to buyers in the Nashville area. According to the company, site development is already underway and the community will include 26 single-family homes near downtown Nolensville.

How many homes and floor plans will Sagebrook (TOL) offer?

Sagebrook will offer 26 single-family homes with four distinct floor plans and three exterior elevation styles. According to the company, the homes will include 4–5 bedrooms and provide up to 4,883 square feet of living space for buyers to personalize.

Where exactly is Sagebrook by Toll Brothers (TOL) located in Nolensville?

Sagebrook is sited on Clovercroft Road and Sagebrook Drive, less than a mile from historic downtown Nolensville. According to the company, residents will be close to shops, the Publix at Village Green, and have convenient access to Franklin, Brentwood, and downtown Nashville.

How can interested buyers join the Sagebrook interest list for Toll Brothers (TOL)?

Buyers can join the Sagebrook interest list by calling (855) 949-8655 or visiting TollBrothers.com/TN to receive updates and sales information. According to the company, a Toll Brothers Design Studio and consultants will support buyers in selecting finishes and fixtures.

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