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Toll Brothers Offers Move-in Ready Townhomes Just Minutes from Washington, D.C.

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Toll Brothers (NYSE:TOL) announced a limited release of move-in ready luxury townhomes at Chevy Chase Crossing, about a 10-minute drive from Washington, D.C. Homes range from approximately 2,400–3,600+ sq. ft. and are priced from $1.12 million.

Two modern collections offer rooftop terraces, two-car garages, open kitchens and great rooms, flex rooms, elevator options, and bedroom-level laundry. The community is near the future Purple Line transit station, major routes including I-495 and Connecticut Avenue, popular retail and dining, and is assigned to highly rated Montgomery County Public Schools.

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Positive

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Negative

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News Market Reaction – TOL

+3.07%
+3.07% Session close to close

In the Jun 16 session, TOL gained 3.07%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds another luxury community milestone, showcasing move-in ready townhomes near W...
Analysis

This announcement adds another luxury community milestone, showcasing move-in ready townhomes near Washington, D.C. priced from $1.12 million and sized from about 2,400 to over 3,600 square feet. Recent history shows that community launches and “last chance” updates have sometimes aligned with sizable price moves but not consistently. Investors may watch how this D.C.-area offering complements prior openings in Texas, Nevada, and California and fits with overall demand for Toll Brothers’ higher-end product mix.

Key Figures

Drive time to D.C.: 10-minute drive Home size (min): 2,400 square feet Home size (max): 3,600+ square feet +5 more
8 metrics
Drive time to D.C. 10-minute drive Chevy Chase Crossing proximity to Washington, D.C.
Home size (min) 2,400 square feet Smaller end of Chevy Chase Crossing townhomes
Home size (max) 3,600+ square feet Larger end of Chevy Chase Crossing townhomes
Starting home price $1.12 million Entry pricing for Chevy Chase Crossing townhomes
Current share price $148.71 Pre-news trading level for TOL
52-week high $168.36 Upper end of 52-week trading range
52-week low $104.093 Lower end of 52-week trading range
Market capitalization $13,749,584,100 Equity value before this news

Historical Context

5 past events · Latest: Jun 12 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 12 New NJ community Positive -0.1% Announcement of Peapack Crossing community with high-end townhomes and homes.
Jun 11 Last home Nevada Positive +6.0% Final remaining home offered at Venado Valley in Carson City, Nevada.
Jun 11 Texas community open Positive +6.0% Opening of Toll Brothers at Landmark single-family community in Denton, Texas.
Jun 10 Final homes Palm Desert Positive +6.0% Final purchase opportunity at University Park community in Palm Desert.
Jun 10 Awards for community Positive -3.6% Marsh Harbor community winning Best of Show and Gold awards in Florida.

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

Pattern Detected

Toll Brothers frequently issues community-focused announcements. Recent openings and "last chance" sales often coincided with strong positive moves, though some positive news, including awards, has seen negative or muted reactions.

Recent Company History

Over recent months, Toll Brothers has highlighted multiple community milestones and marketing updates. On Jun 12, it announced the upcoming Peapack Crossing community in New Jersey. On Jun 11, new Denton, Texas openings and a last-chance sale in Nevada both saw strong positive price reactions of 5.98%. Earlier on Jun 10, a final opportunity in Palm Desert also aligned with a 5.98% move, while a Parade of Homes award announcement coincided with a -3.64% decline.

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

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CHEVY CHASE, Md., June 16, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a select number of move-in ready townhomes are now available in its Chevy Chase Crossing community, located just a 10-minute drive from Washington, D.C. The Sales Center is open daily at 3530 Manor Rd in Chevy Chase, Maryland.

Chevy Chase Crossing by Toll Brothers

Chevy Chase Crossing offers new luxury townhomes ranging from approximately 2,400 to over 3,600 square feet. Two collections of modern home designs feature rooftop terraces, two-car garages, open kitchens and great rooms, luxurious primary bedroom suites and spacious secondary bedrooms, convenient bedroom-level laundry rooms, flex rooms, and elevator options. Homes are priced from $1.12 million.

Chevy Chase Crossing by Toll Brothers

“Chevy Chase Crossing offers the rare opportunity to own a beautiful new Toll Brothers home that is move-in ready, with design options selected by a professional designer at the Toll Brothers Design Studio,” said Nimita Shah, Division President of Toll Brothers in D.C. Metro. “Our quick move-in homes are an incredible option for buyers who want to begin living in their new dream home as soon as possible.”

Chevy Chase Crossing by Toll Brothers

Located along the future Purple Line transit station, Chevy Chase Crossing offers unmatched accessibility to major commuting routes, including I-495 and Connecticut Avenue. Residents will enjoy proximity to Chevy Chase Lake retail, Bethesda Row, The Shops at Wisconsin Place, and Chevy Chase Pavilion, as well as abundant dining, entertainment, and recreational options. The community is also assigned to highly rated Montgomery County Public Schools.

For more information on Chevy Chase Crossing, call 866-232-1718 or visit ChevyChaseCrossing.com.

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/730ac9dd-862a-4e98-a3a8-b7df8544c6c0

https://www.globenewswire.com/NewsRoom/AttachmentNg/1a121e3f-77cb-43a6-9436-8a04d77d31a8

https://www.globenewswire.com/NewsRoom/AttachmentNg/3969512b-a87d-413b-b9f9-61c79f6b3dc1 

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


FAQ

What did Toll Brothers (NYSE:TOL) announce about Chevy Chase Crossing on June 16, 2026?

Toll Brothers announced a select number of move-in ready luxury townhomes at Chevy Chase Crossing near Washington, D.C. According to Toll Brothers, these homes feature modern designs, extensive amenities, and professional designer-selected finishes for buyers seeking quick occupancy.

What are the home sizes and starting prices at Toll Brothers’ Chevy Chase Crossing (TOL)?

Townhomes at Chevy Chase Crossing range from approximately 2,400 to over 3,600 square feet. According to Toll Brothers, homes are priced from $1.12 million and include two-car garages, rooftop terraces, and flexible living spaces aimed at luxury buyers.

How close is Toll Brothers’ Chevy Chase Crossing (TOL) community to Washington, D.C.?

Chevy Chase Crossing is located about a 10-minute drive from Washington, D.C. According to Toll Brothers, the community also sits along the future Purple Line transit station and offers access to I-495 and Connecticut Avenue for commuting convenience.

What amenities and design features do Toll Brothers’ Chevy Chase Crossing townhomes offer?

The townhomes offer rooftop terraces, open kitchens and great rooms, luxurious primary suites, and bedroom-level laundry. According to Toll Brothers, buyers can also choose homes with flex rooms, spacious secondary bedrooms, two-car garages, and optional elevators for added convenience.

What neighborhood conveniences surround Toll Brothers’ Chevy Chase Crossing near D.C.?

Residents are close to Chevy Chase Lake retail, Bethesda Row, The Shops at Wisconsin Place, and Chevy Chase Pavilion. According to Toll Brothers, the community also offers abundant dining, entertainment, recreational options, and assignment to highly rated Montgomery County Public Schools.