On November 10, 2025, Toll Brothers opened model homes at its new ParkVue on the Platte luxury townhome community in Littleton, Colorado. The gated development features three collections—Encompass, Heights, and Altitude—offering 2‑ to 4‑bedroom homes with 2.5‑ to 3.5‑bathroom layouts, 2‑car garages, and optional rooftop terraces. Starting prices range from $613,995 for the Encompass Collection to $771,995 for the Altitude Collection.
The community sits at 7748 S Irving St., surrounded by open space and the South Platte River Trail. It is within walking distance of RTD light rail, major roadways, and local shopping, dining, and entertainment options, giving buyers a low‑maintenance lifestyle with easy access to amenities. The design studio allows extensive personalization of finishes and layouts, appealing to affluent buyers who value customization.
Toll Brothers’ expansion into Colorado and the launch of a new luxury townhome product align with the company’s strategy to balance build‑to‑order and spec homes while targeting high‑growth markets. The ParkVue on the Platte community adds a premium offering to Toll Brothers’ portfolio and positions the builder to capture a share of the affluent Colorado market, which remains resilient amid broader affordability pressures.
In Q3 2025, Toll Brothers reported earnings that beat expectations. Net income rose to $369.6 million, or $3.73 per diluted share, versus a consensus estimate of $3.60. Home‑sales revenue reached $2.88 billion, up 6% year‑over‑year and beating the $2.86 billion forecast. Adjusted gross margin expanded to 27.5%, 25 basis points above guidance, while SG&A margin improved to 8.8%, 40 basis points better than guidance.
The earnings beat reflects a combination of pricing power and disciplined cost management. Toll Brothers’ focus on higher‑margin luxury homes has allowed the company to maintain pricing strength even as construction costs rise. Management’s emphasis on prioritizing price and margin over volume has kept operating leverage favorable, enabling the company to deliver record revenue and margin performance despite macro‑economic headwinds.
The strong financial results reinforce Toll Brothers’ confidence in its growth strategy. The company’s guidance for Q4 2025 projects deliveries of 3,350 homes, slightly below the Visible Alpha estimate, but the revised full‑year 2025 outlook for deliveries remains at 11,200 units, underscoring a steady expansion plan. The company’s ability to generate record revenue and margin growth in a challenging environment signals resilience in its luxury segment and supports continued investment in new communities like ParkVue on the Platte.
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