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Toll Brothers Announces Parkside West Now Selling in Milpitas, California

1. Toll Brothers opens Parkside West, a luxury townhome community in Milpitas. 2. Homes start at $1.25 million, targeting affluent buyers. 3. Community offers convenient access to transit and major Silicon Valley employers. 4. Residents will enjoy modern features and personalized design options at Toll Brothers Design Studio. 5. Parkside West's location near shopping and schools boosts its appeal significantly.

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FAQ

Why Bullish?

The launch of Parkside West offers new luxury homes amid strong demand. Historical trends show luxury home buyers are active in Silicon Valley, positively impacting TOL's sales.

How important is it?

The new development aligns with TOL's business model, enhancing luxury inventory. Positive market conditions amplify its potential impact on TOL's overall sales.

Why Short Term?

Sales at Parkside West will likely influence TOL's revenue in the upcoming quarters. New developments typically generate immediate boosts in stock performance.

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MILPITAS, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced the opening of Parkside West, an intimate enclave of new townhome-style condos in Milpitas, California. The community offers an ideal low-maintenance lifestyle and luxury homes with an array of modern features and generous open living spaces. The model homes are currently under construction and home shoppers are encouraged to take advantage of pre-model pricing at the Toll Brothers Sales Center now open at 675 Trade Zone Blvd. in Milpitas. Parkside West is conveniently located within walking distance to the Milpitas Bay Area Rapid Transit (BART) Station, Valley Transportation Authority (VTA) Light Rail, and a future neighborhood park, with major freeways 680, 880, and 237 only a short drive away. World-class shopping and dining at Santana Row and Valley Fair Mall, regional parks and open space, and multiple distinguished schools are all within reach. “Parkside West offers contemporary architecture featuring several impeccably designed floor plans with personalized designer finishes and private two-car garages,” said Alli Sweeney, Division President of Toll Brothers in Northern California. “Parkside West’s elegance is matched only by its convenience. This community is perfect for those seeking a luxurious lifestyle in the heart of Milpitas.” Residents of Parkside West will benefit from the community’s prime location, which offers easy access to major employers in Silicon Valley. The community is also within the Berryessa Union School District and East Side Union High School District, and close to highly rated private schools such as Stratford School and Challenger School. For those who travel frequently, the community is a short drive to San Jose Mineta International Airport and is within walking distance to the VTA Light Rail and Milpitas BART Station with service directly to Oakland International Airport and San Francisco International Airport. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Homes within Parkside West are priced from $1.25 million. For more information on Parkside West, home shoppers are invited to call 844-790-5263 or visit TollBrothers.com/NorCal. 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/216bf090-9cfd-48b8-a0e6-f6f6c0399cf9 Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

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