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Toll Brothers Announces Opening of Raven Crest Community in Summerlin’s Kestrel Commons Village in Las Vegas, Nevada

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Toll Brothers (NYSE:TOL), the nation's leading luxury home builder, has announced the grand opening of Raven Crest, a new luxury townhome community in Summerlin's Kestrel Commons village, Las Vegas. The community features six home designs ranging up to 2,640 square feet, with prices starting from the mid-$600,000s.

The development offers three- and four-story townhomes with modern amenities including entry courtyards, covered patios, and rooftop terraces in select designs. Each unit includes a two-car garage, with options for multigenerational living suites and elevators. Residents will have access to a private community pool, parks, and walking trails, complementing Summerlin's master plan amenities.

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News Market Reaction – TOL

+8.52%
100 alerts
+8.52% Session move
+4.8% Peak in 6 hr 20 min
$12.49B Market Cap
1.3x Rel. Volume

In the trading session that priced this news, TOL gained 8.52%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.8% during that session. Our momentum scanner triggered 100 alerts that day, indicating very high trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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LAS VEGAS, July 22, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of Raven Crest, a new community of luxury townhomes in Summerlin’s Kestrel Commons village in Las Vegas. Three new model homes are now open for tours at 11545 Hillrise Avenue in Las Vegas.

Raven Crest features stunning architecture and spacious, modern floor plans, offering exceptional options such as multigenerational living suites and elevators. The community boasts six spacious, three- and four-story home designs up to 2,640 square feet, complete with entry courtyards, covered patios, and fourth-level rooftop terraces in select designs. Each home includes an attached two-car garage.

Raven Crest by Toll Brothers

“We are excited for home shoppers to tour the three new stunning models at our Raven Crest community in Summerlin,” said Janet Love, Division President of Toll Brothers in Las Vegas. “This community offers luxurious townhome living with unparalleled amenities and design options, providing residents with a vibrant lifestyle rich with recreation and opportunities to explore.”

In addition to the Summerlin master plan amenities, residents of Raven Crest will enjoy a private community pool, parks, and walking trails, enhancing the community’s appeal for active lifestyles. The newly opened private pool area is designed as a relaxing oasis, perfect for unwinding and socializing with neighbors.

Toll Brothers customers will experience one-stop shopping at the state-of-the-art Toll Brothers Design Studio where customers can choose from a wide array of selections to personalize their dream home with the assistance of a Toll Brothers professional Design Consultant.

Quick move-in homes with Designer Appointed Features are also available in the Raven Crest community, with move-in dates as early as August 2025.

Homes at Raven Crest are priced from the mid-$600,000s. For more information on Raven Crest, prospective customers are invited to call (855) 700-8655 or visit TollBrothers.com/LasVegas.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fbda64ae-f3d5-49df-97fa-ade093e581ee

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


FAQ

What are the key features of Toll Brothers' new Raven Crest community in Las Vegas?

Raven Crest features six luxury townhome designs up to 2,640 square feet, with three- and four-story options, two-car garages, and amenities including a private pool, parks, and walking trails.

Where is the Toll Brothers (NYSE:TOL) Raven Crest community located in Las Vegas?

Raven Crest is located at 11545 Hillrise Avenue in Summerlin's Kestrel Commons village in Las Vegas, Nevada.

What is the starting price for homes in TOL's Raven Crest community?

Homes at Raven Crest are priced from the mid-$600,000s.

When will homes be available for move-in at Toll Brothers' Raven Crest?

Quick move-in homes will be available as early as August 2025.

What amenities are included in the Toll Brothers Raven Crest community?

Residents will have access to a private community pool, parks, walking trails, and additional Summerlin master plan amenities.