Toll Brothers' Porter Ranch Grand Opening Draws Hundreds
Sales, prices continue to rise in Los Angeles' largest master-planned community
Porter Ranch, CA, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Stunning views, award-winning designs, gated villages, top-rated schools, mountain trails and more attracted hundreds of Southern California residents to the recent master grand opening of Toll Brother's Porter Ranch luxury home community.
To a crowd of more than 700 home shoppers, Toll Brothers opened six new model homes bringing the total to 20 models in the Porter Ranch Master Plan.
The master grand opening revealed strong interest in Toll Brothers homes in the Porter Ranch Master Plan.
"Porter Ranch is clearly becoming one of the most-desired locations for homebuyers because of high-quality and unique designs, the largest and broadest range of new-home options, a majestic setting in the hills overlooking Los Angeles and a friendly, safe community," said Frank Su, Toll Brothers Division Vice President. "The destination for luxury living in Los Angeles is clearly Porter Ranch."
The Porter Ranch Master Plan features seven unique villages with homes priced from the mid $800,000s to the $2 millions. It's the setting and Toll Brothers careful planning that make Porter Ranch stand apart. Taking advantage of Porter Ranch's mountainside location, Toll Brothers has come up with breathtaking indoor-outdoor living designs that enable homeowners to enjoy city views in a serene, tranquil setting.
The final two communities which opened this month include Beacon at Hillcrest and the Vistas collection at Avila. Beacon features pool-sized properties and designs ranging from an estimated 3,600 to 3,900 sq. ft. The Vistas collection ranges from approximately 3,200 to 3,400 sq. ft. and provides homeowners with a resort-style recreation center and clubhouse.
"Porter Ranch is a desirable new-home community that suits every lifestyle opportunity," Su said. "This includes the academically acclaimed K-8 Porter Ranch Community School and highly sought-after Sierra Canyon School, the 50-acre park opening later this year, and the daily conveniences at Porter Ranch Town Center. Opening next year will be The Vineyards, a $150 million retail-entertainment center that will provide Porter Ranch with the next generation of open-air shopping, dining and entertainment, a medical center and hotel."
For more information, visit Toll Brothers Porter Ranch website at: www.LiveAtPorterRanch.com
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About Toll Brothers
Toll Brothers, an award-winning Fortune 500 company founded in 1967, embraces an unwavering commitment to quality and customer service. Toll Brothers is currently operating in 22 states nationwide and is a publicly owned company listed on the New York Stock Exchange (NYSE:TOL).
For four years in a row, Toll Brothers has been ranked the #1 Home Builder Worldwide on the Fortune magazine "World's Most Admired Companies®" list.* Toll Brothers also has been honored as national Builder of the Year by BUILDER magazine, and was twice named national Builder of the Year by Professional Builder magazine.
Toll Brothers builds luxury single-family detached and attached home communities; master planned luxury residential; resort-style golf communities; and urban mid- and high-rise communities, principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, and house component assembly and manufacturing operations. Through its Gibraltar Capital and Asset Management joint venture, the Company provides builders and developers with land banking and joint venture capital. The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living.
Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company now sponsors the Toll Brothers — Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world.
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*From Fortune magazine, February 1, 2018 ©2018 Time Inc. Fortune and The World's Most Admired Companies are registered trademarks of Time Inc. and are used under license. Fortune and Time Inc. are not affiliated with, and do not endorse products or services of Toll Brothers, Inc.
Source: Toll Brothers