ST. AUGUSTINE, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Estuary at Madeira, is coming soon to St. Augustine, Florida. Construction is underway at 620 Pantano Drive in St. Augustine, and the community will open for sales in spring 2025.

Estuary at Madeira is an exclusive, gated community that will feature five one- and two-story home designs ranging from 2,905 to 4,144+ square feet. Toll Brothers homes in Estuary at Madeira will offer 3 to 6 bedrooms, 3 to 5 baths, and 3- to 4-car garages with luxurious features including elevated ceiling heights, stainless steel appliances, two-story great rooms, and more. Home sites offer picturesque lake and marsh views, nestled among mature oak and magnolia trees. Toll Brothers homes in Estuary at Madeira will be priced from $1 million. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known.

Home buyers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

"Our new Estuary at Madeira community will offer residents the rare opportunity to build a new construction home in one of Northeast Florida's most desirable areas with striking natural beauty and Old-World charm,” said Greg Netro, Group President of Toll Brothers in North Florida. "With large, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this resort-style community will set a new standard for luxury living in St. Augustine.”

Estuary at Madeira by Toll Brothers is located within the Maderia master-planned community in St. Johns County. Toll Brothers residents will have access to an array of established master plan amenities including a clubhouse, pool, fitness center, common spaces, and a future kayak launch to the Intracoastal Waterway.

Ideally located close to historic downtown St. Augustine and near metropolitan Jacksonville, Madeira is perfectly situated in one of Northeast Florida's most desirable areas. The community is within minutes public beaches and world-class golf courses.

For more information and to join the Toll Brothers interest list for Estuary at Madeira, call (844) 871-7466 or visit TollBrothers.com/Florida.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 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.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies™ list and 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, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, 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/18a0939c-82e3-4cdb-a3ac-6569df2f4a83

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)