Toll Brothers Announces Final Opportunity to Purchase a New Home at Canopy Cottages in Redmond, Washington

Toll Brothers Signals WA luxury demand with final Canopy Cottages move-ins

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>Toll Brothers disclosed four remaining move-in ready homes at Canopy Cottages in Redmond, priced from $1 million. The 26-home community is near I-405 and tech employers Google and Microsoft, underscoring solid luxury demand in the Seattle metro. The update suggests potential near-term pricing and order activity support for TOL.</p>
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    <h3>Key Points</h3>
    <ul><li>Canopy Cottages in Redmond, WA: four move-in homes remain; prices start at $1M.</li><li>Location near I-405; close to Google and Microsoft; 26 total 1,259 sq ft homes.</li><li>Homes feature 2–3 bedrooms, 2 bathrooms; private clubhouse and tree canopy setting.</li><li>Toll Brothers named Fortune’s No.1 Most Admired Home Builder for 2026.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>Toll Brothers, Inc. (TOL)</strong>: Announced the final move-in opportunities at Canopy Cottages; signals local luxury housing demand and potential near-term sentiment lift for TOL.</li><li><strong>Alphabet Inc. (GOOGL)</strong>: Nearby Google headquarters; implied real-estate demand tailwind for Redmond luxury projects.</li><li><strong>Microsoft Corporation (MSFT)</strong>: Proximity to Microsoft supports favorable demand dynamics for high-end housing in the Redmond corridor.</li></ul>
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    <h3>Industry News</h3>
    <p>Category: Industry News. The release documents a specific Toll Brothers development update in a tech-centric market, offering a timelier signal on regional demand and pricing power rather than a quarterly earnings catalyst.</p>
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    <h3>Market-Moving</h3>
    <ul><li>Limited Canopy Cottages inventory may lift ASP in WA luxury market.</li><li>Location near Google and Microsoft supports sustained luxury demand.</li><li>Market reaction will be sentiment-driven; no near-term earnings impact.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>Final four move-in ready homes remain.</li><li>Canopy Cottages comprises 26 two-story homes.</li><li>Each home is 1,259 sq ft with 2–3 beds and 2 baths.</li><li>Prices start from $1 million.</li><li>Location: 13468 NE 112th Place, Redmond, WA (Rose Hill).</li><li>Open by appointment; TollBrothers WA site for info.</li></ul>
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    <h3>Trading Thesis</h3>
    <p>Near-term upside for TOL if WA luxury demand remains strong and inventory tight over 6–12 months.</p>
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  <p>REDMOND, Wash., July 16, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) announced the final opportunity for home shoppers to purchase a new home at Canopy Cottages in Redmond, Washington. Only <strong>four</strong>, move-in ready homes remain available in this unique award-winning luxury community.</p>

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    <h2>Canopy Cottages: Luxury Living Within Reach in Redmond</h2>
    <p>Tucked into a wooded setting, Canopy Cottages features 26 two-story cottage-style homes situated around communal green spaces and a dense tree canopy. The homes offer craftsman, shingle, or farmhouse architectural styles with inviting covered front porches to complement the serene surroundings. Offering <strong>1,259 square feet</strong> of living space, the final homes include <strong>2 to 3 bedrooms</strong> and <strong>2 bathrooms</strong> with thoughtfully crafted interior finishes and Designer Appointed Features selected at the Toll Brothers Design Studio. Residents also enjoy a private clubhouse with an outdoor event lawn and patio area for gatherings and relaxation. Move-in ready homes in Canopy Cottages are priced from <strong>$1 million</strong>.</p>
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    <h2>Executive Commentary from Toll Brothers</h2>
    <p>"Canopy Cottages provides the perfect balance of luxury living and natural beauty," said Todd Callahan, Regional President of Toll Brothers for the Pacific region. "This community has been a favorite for those seeking a peaceful retreat close to the conveniences of Redmond and Kirkland. We encourage home shoppers to act quickly to secure one of the final move-in ready homes available."</p>
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    <h2>Location, Accessibility, and Nearby Amenities</h2>
    <p>Located in the highly desirable Rose Hill neighborhood, Canopy Cottages offers convenient access to casual and fine dining, world-class shopping, and recreational opportunities. The proximity to I-405 provides an easy commute to employers including Google and Microsoft and major employment centers such as Kirkland, Redmond, and downtown Bellevue. Children living in the community will attend schools in the acclaimed Lake Washington School District, including Twain Elementary, Kirkland Middle, and Lake Washington High School.</p>
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    <h2>Property Details and Availability</h2>
    <ul>
      <li>Location: 13468 NE 112th Place in Redmond</li>
      <li>Community: 26 two-story cottage-style homes around green spaces and a dense tree canopy</li>
      <li>Home size: <strong>1,259 square feet</strong></li>
      <li>Layout: <strong>2 to 3 bedrooms</strong> and <strong>2 bathrooms</strong></li>
      <li>Architectural styles: craftsman, shingle, or farmhouse</li>
      <li>Community features: private clubhouse with outdoor event lawn and patio</li>
      <li>Pricing: move-in ready homes from <strong>$1 million</strong></li>
      <li>Availability: <strong>four</strong> move-in ready homes remain</li>
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    <h2>How to Learn More</h2>
    <p>Canopy Cottages is located at <strong>13468 NE 112th Place</strong> in Redmond and is open by appointment. For more information, call <strong>844-845-5263</strong> or visit <a href="https://www.globenewswire.com/Tracker?data=67xxWmvr7wOcuIgsu94MwiG2V5MPqFT59oZOr9J-odsXSJmA_ORjqEr3229F3mnNl67pM__INRebri6gg7I-4WhpgzcXHyIChN1DjcHMTD8=" rel="nofollow" target="_blank">TollBrothers.com/WA</a>.</p>
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    <h2>About Toll Brothers</h2>
    <p><a href="https://www.globenewswire.com/Tracker?data=USKGacNTWbnW4QlVVQIJhOW7MD6hSSoBPZtPjhT4GHSWyhE-WpqhSR8nZD4vvxyL227lIO7fCi6b30mjJfYfWiqMJEBx87UwNoagQCWpKIM=" rel="nofollow" target="_blank">Toll Brothers, Inc.</a>, 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.</p>
    <p>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 <a href="https://www.globenewswire.com/Tracker?data=67xxWmvr7wOcuIgsu94MwuZAl_dWQJvbwZDnArk1S_isTWOM-c5nfdG-GtFCViLPh7nfv6CUTUPZqO6rcePQFxXrEsCeH4QUuus3N8AG034=" rel="nofollow" target="_blank">TollBrothers.com</a>.</p>
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    <p>From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.</p>
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    <p>Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations &amp; Social Media | 215-938-8169 | <a href="https://www.globenewswire.com/Tracker?data=_Wb9WCcBcVvwOY31gDDPWTRbHgQUwsqAM7NLkxJRS5mPK2sB_hjltn5neROtYZS8E-hRU2lT2YgunLJsdNPngJBVjlEknVmNFSgZs9q13es=" rel="nofollow" target="_blank">ameck@tollbrothers.com</a></p>
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Toll Brothers disclosed four remaining move-in ready homes at Canopy Cottages in Redmond, priced from $1 million. The 26-home community is near I-405 and tech employers Google and Microsoft, underscoring solid luxury demand in the Seattle metro. The update suggests potential near-term pricing and order activity support for TOL.

Toll Brothers Announces Final Opportunity to Purchase a New Home at Canopy Cottages in Redmond, Washington

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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