Toll Brothers Revitalizes Enclave at Providence

Top Quote Buyers Now Have the Opportunity to Live in Charlotte's Premiere Luxury Community. End Quote
  • Charlotte-Gastonia-Rock Hill, NC-SC (1888PressRelease) April 02, 2011 - With the recent opening of its Magnolia model home at Enclave at Providence, Toll Brothers, the nation's leading builder of luxury homes (NYSE: TOL), is experiencing a renewed interest in the private, gated luxury community in South Charlotte. Enclave at Providence is conveniently located near Ballentyne, South Park, and uptown Charlotte.
    "With the opening of this new model, the interest and visits to Enclave at Providence have been fantastic," said Bob Kardos, Division Vice President for Toll Brothers. "Now, families interested in living in a luxurious Toll Brothers home at Enclave at Providence can see first-hand the quality and outstanding features of the homes we have designed specifically for this community."

    The recent grand opening of the impressive 4,400 square-foot Magnolia model was extremely successful and attracted a number of Realtors® and others interested in seeing the neighborhood's latest addition. The soaring two-story foyer with its dramatic curved staircase makes an impressive entrance to the home. Flanking the grand foyer are the elegant dining room and impressive two-story study with views into the spacious two-story family room featuring a curved wall of windows and gas fireplace. Complete with a gourmet kitchen, this open design is perfect for entertaining. The home showcases four bedrooms, three and one-half baths, and a bonus room. The master bedroom suite with opulent bath and walk-in closet is located on the first floor. A large princess suite with Jack-and-Jill bath, two additional bedrooms, a playroom with wet bar and a half bath, along with an optional media room complete the second floor of this beautiful home. The Magnolia is priced from $585,000.
    "Visitors are sure to be impressed by the detail and quality construction of this model home," continued Kardos. "With the real estate market in Charlotte starting to turn around, this is the perfect time to buy for those who are in the market for a new luxury home."

    A membership to Raintree Country Club, adjacent to the community, is included with each home purchase (monthly fees are the responsibility of the homeowner). Raintree offers fabulous amenities including two 18-hole golf courses, lighted tennis courts, an outdoor pool, and a fitness center.

    The sales office is open Monday through Friday 11 a.m. to 6 p.m.; Saturday 10 a.m. to 6 p.m. and Sunday 12 p.m. to 6.p.m. Additional information about Enclave at Providence is available by calling the sales office at 704-544-2013 or visiting EnclaveatProvidence.com.

    Enclave at Providence offers six elegant home designs built on wooded home sites ranging from ¼ to ½ acre and are priced from the low $500,000s. Currently there are 54 home sites available. Homes range from 3,000 square feet to 4,400 square feet.

    Enclave at Providence also offers Quick Delivery Homes for those who need to move in right away. Quick Delivery Homes are new Toll Brothers homes that are already under construction and are ready to move into in a matter of weeks or months. Quick Delivery Homes reduce the time it takes to build your new luxury home. Currently the Audubon Manor and the Duncan Heritage designs are available.

    All homes are energy efficient with high performance Low-E windows, high efficiency gas furnace and air conditioning, and programmable thermostats.

    Mortgage rates are still low and affordability is at a all-time high. Toll Brothers' in-house mortgage company, TBI Mortgage, can make the home buying process easy and offers a wide variety of mortgage programs to fit most situations.

    About Toll Brothers

    Toll Brothers, Inc. 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.

    Toll Brothers builds luxury single-family detached and attached home communities; master planned luxury residential, resort-style golf communities; and urban low-, 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.

    Toll Brothers, a Fortune 1000 Company, was ranked #1 in 2011 and 2010 in Financial Soundness, Long-term Investment, and Quality of Product/Services in FORTUNE magazine's annual World's Most Admired Companies survey in the home building category. The Company is also honored to have won the three most coveted awards in the home building industry: America's Best Builder, the National Housing Quality Award, and National Builder of the Year. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers - Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit TollBrothers.com.

    This is not an offering where prohibited by law.

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