Toll Brothers (NYSE:TOL) shares rose after Bank of America upgraded Toll Brothers to buy from neutral, noting: “TOL will face incremental headwinds from incentives and mix shift through the year, but this will be offset by tailwinds lower input costs, especially lumber.
On Wednesday, the nation’s leading builder of luxury homes, announced the final opportunity to buy a new home at its Edison at eTown community. Only a few homes remain in this popular luxury community located in Jacksonville, Florida.
Edison by Toll Brothers is a gated community located within the award-winning master-planned community of eTown, offering one- and two-story home designs ranging from 2,500 to over 4,300 square feet of luxury living. Three collections of homes are available, featuring warm, modern styling, with pricing from the low $600,000s.
Quick move-in homes with designer-appointed features are available for a new home delivery in 2023. One of the last remaining Toll Brothers homes available in the Ambassador Collection at Edison is the Captiva Elite Transitional. This 3,408-square-foot home is a two-story design featuring four bedrooms, 3.5 baths, and a two-car garage. The home offers a first-floor primary bedroom suite plus an open-concept gourmet kitchen that flows into the great room and dining room, making this floor plan ideal for entertaining family and friends. This home also features an expanded covered lanai for seamless indoor-outdoor living, and includes expansive backyard views of the preservation area located directly behind the home.
TOL shares galloped $1.47, or 2.7%, to $55.38.
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