Summary
Toll Brothers Inc (TOL, Financial), a leading builder of luxury homes, announced the grand opening of its new model homes at Cross Kirkland Towns in Kirkland, Washington, on April 15, 2025. The Maryhill and Kinney models showcase sophisticated designs and contemporary styles, offering potential buyers a glimpse into the luxurious lifestyle that Toll Brothers is renowned for. These homes are now open for tours, providing an opportunity to experience the elegant finishes and innovative architecture firsthand.
Positive Aspects
- The new model homes feature sophisticated designs and high-end finishes, epitomizing modern luxury living.
- Located in a desirable community with direct access to the Cross Kirkland Corridor trail, enhancing recreational and commuting options.
- Proximity to major employment centers like Microsoft, Meta, and Amazon, offering an easy commute.
- Community amenities include pedestrian paths, a future playground, pickleball court, and dog park.
- Quick move-in homes with Designer Appointed Features are available, allowing for a swift transition into a new home.
Negative Aspects
- Starting price of $1,149,995 may be prohibitive for some potential buyers.
- Limited availability of model homes may not meet the demand in the competitive Kirkland housing market.
Financial Analyst Perspective
From a financial standpoint, Toll Brothers Inc (TOL, Financial) continues to strengthen its position in the luxury home market with the introduction of these new model homes. The strategic location in Kirkland, a hub for major tech companies, aligns with the company's focus on affluent buyers seeking proximity to employment centers. The pricing strategy reflects the premium nature of the homes, which could contribute positively to the company's revenue growth. However, the high entry price may limit the buyer pool, potentially impacting sales volume.
Market Research Analyst Perspective
The launch of the Maryhill and Kinney model homes in Kirkland is a strategic move by Toll Brothers to capture the growing demand for luxury housing in tech-centric regions. The community's design, with its emphasis on modern architecture and connectivity to nature, caters to the lifestyle preferences of tech professionals and affluent buyers. The integration of community amenities and proximity to major employers enhances the appeal of Cross Kirkland Towns, positioning it as a desirable residential choice in the competitive Seattle metropolitan area.
FAQ
Q: What is the starting price for homes at Cross Kirkland Towns?
A: The starting price for homes is $1,149,995.
Q: What amenities are available in the Cross Kirkland Towns community?
A: The community offers pedestrian paths, a future playground, pickleball court, dog park, and access to the Cross Kirkland Corridor trail.
Q: How can potential buyers learn more about the homes for sale?
A: Interested buyers can call (844) 845-5263 or visit TollBrothers.com/WA for more information.
Read the original press release here.
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