Toll Brothers' Acquisition Offers Buyers Final Opportunity In Top Triangle Location
Toll Brothers, the nation's leading builder of luxury homes and developer of fine communities around the Triangle, is proud to announce the addition of 16 new large wooded home sites at their previously sold out community, The Oaks at Meadowridge.
- Raleigh-Durham-Chapel Hill, NC (1888PressRelease) September 06, 2013 - Toll Brothers, (NYSE: TOL) (TollBrothers.com), the nation's leading builder of luxury homes and developer of fine communities around the Triangle, is proud to announce the addition of 16 new large wooded home sites at their previously sold out community, The Oaks at Meadowridge. Located in the prestigious Cary area off of Holly Springs Road, minutes away from major shopping and nightlife options, these new homes will provide buyers a final opportunity to live in one of the Triangle's most sought after locations.
"Having already sold out the community over ten months ago, we know there is high demand for homes in this area due to its convenience to schools, shopping, restaurants and recreational activities," said Dave Kelly, President of Toll Brothers Raleigh Division. "We were fortunate to be able to acquire an adjacent piece of property that has allowed us to provide these final opportunities at The Oaks at Meadowridge. We anticipate a strong sales pace as we have already accepted five new deposits on the new home sites."
Each of the new wooded home sites at The Oaks at Meadowridge will average over ¾ of an acre in size. Buyers will have a choice of eight floor plan designs with homes ranging in size from 2,900 square-feet to over 3,800 square-feet with prices starting from the mid-$400's. The Audubon, a popular community floorplan, features four bedrooms, three and a half baths, and ten-foot ceilings throughout. The well-designed kitchen boasts a center island, a walk-in pantry, and a breakfast bar that overlooks the expansive family room highlighted by a fireplace. The master bedroom offers a tray ceiling, a large walk-in closet, and a private bath that features dual vanities and a Roman tub.
Residents at The Oaks at Meadowridge enjoy beautiful wooded home sites, a two acre recreation area with child's play sets and walking trails. To learn more about The Oaks at Meadowridge please visit the sales center or call (919) 859 -8099. Additional information and directions can be found at www.TollBrothers.com/NC.
Toll Brothers offers spectacular new-home communities throughout the greater Triangle area, located in Cary, Durham, Raleigh and Wake County. Additional communities throughout the Triangle area include Brier Creek Country Club in Raleigh, Hasentree in North Raleigh, Green Level Crossings in Cary and The Hills at Southpoint in Durham. Toll Brothers sales centers and decorated model homes are open Sunday and Monday from 1 p.m. to 6 p.m. and Tuesday through Saturday from 10 a.m. to 6 p.m. For more information about Toll Brothers and its luxury communities throughout the Triangle visit TollBrothers.com/NC.
About Toll Brothers
Toll Brothers, Inc., a Fortune 1000 company, is the nation's leading builder of luxury homes. The Company began business 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 move-up, empty-nester, active-adult, and second-home buyers and operates nationwide.
The Company was named 2012 Builder of the Year by Professional Builder magazine (http://www.housingzone.com) and becomes the first builder to win this award twice. Toll Brothers is honored to have won two other coveted awards in the home building industry as well: America's Best Builder and the National Housing Quality Award. The Company was also ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine's annual World's Most Admired Companies survey in the home building category.
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