Press Releases September 29, 2026 02:06 PM

Toll Brothers Announces New Luxury Home Community Coming Soon to Apex, North Carolina

Toll Brothers announces new luxury home community, Madison Downs, in Apex, North Carolina with sales opening in early 2027.

By Nina Shah
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Toll Brothers, a leading luxury home builder traded on the NYSE as TOL, announced its newest community, Madison Downs, featuring 40 modern luxury single-family homes in Apex, NC. The community offers expansive floor plans starting from the mid-$900,000s with personalization options and located near top schools and key local amenities. Sales are expected to begin in early 2027, highlighting Toll Brothers' continued growth in the premium housing market in the Triangle area.

Toll Brothers Announces New Luxury Home Community Coming Soon to Apex, North Carolina
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Key Points

  • New community 'Madison Downs' to open in Apex, NC with 40 luxury single-family homes.
  • Homes priced from mid-$900,000s featuring modern designs and customizable options.
  • Community benefits from prime location with access to top schools, transportation, and amenities, appealing to affluent buyers.
  • Impacted sectors include residential real estate, luxury housing market, homebuilding industry, and local Raleigh-area economy.

APEX, N.C., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest Raleigh-area community, Madison Downs, will open soon in Apex, North Carolina. This exclusive community will feature just 40 single-family homes with modern designs and expansive floor plans in one of the Triangle’s most desirable locations. Site work is underway at 8608 Humie Olive Road in Apex, and the community is anticipated to open for sale in early 2027.

“This community is thoughtfully designed to offer a luxurious and convenient lifestyle for today’s home shoppers.”
“Madison Downs represents the perfect blend of modern design, personalization options, and a desirable location in the Triangle,”
“This community is thoughtfully designed to offer a luxurious and convenient lifestyle for today’s home shoppers.”
“Madison Downs represents the perfect blend of modern design, personalization options, and a desirable location in the Triangle,”
“This community is thoughtfully designed to offer a luxurious and convenient lifestyle for today’s home shoppers.”

Madison Downs will offer a serene landscape just minutes from downtown Apex. Home shoppers can choose from a variety of new home designs starting from the mid-$900,000s, with 4,025+ square feet and options for up to 7 bedrooms and 6.5 baths. Unique features such as first-floor bedroom suites, two-story great rooms, primary bedrooms with covered patios, versatile lofts, finished third-floor spaces, and optional finished basements will allow for flexible living tailored to every lifestyle.


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

"Madison Downs represents the perfect blend of modern design, personalization options, and a desirable location in the Triangle," said Ted Pease, Division President of Toll Brothers in Raleigh. "This community is thoughtfully designed to offer a luxurious and convenient lifestyle for today’s home shoppers."


Located within the highly regarded Wake County Public School System, Madison Downs provides access to top-rated schools. The community is also conveniently positioned near U.S. Route 1 and Interstate 540 North Carolina, offering seamless connectivity to downtown Apex, Cary, Raleigh, and Raleigh-Durham International Airport. Residents will enjoy proximity to premier shopping, dining, and recreation in Apex and nearby Cary, as well as easy access to outdoor activities at Jordan Lake.

For more information and to join the Toll Brothers interest list for Madison Downs, call (866) 232-1717 or visit TollBrothers.com/NC.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol "TOL." Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies®, the ninth year the Company has achieved this honor. 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, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/f46f96a9-0739-417f-afbb-70a4c3f0cf7d

https://www.globenewswire.com/NewsRoom/AttachmentNg/7daabe52-1a15-44ed-bbbe-d5baa7dc5b93

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


Risks

  • Potential market risks include a downturn in the luxury housing market or local economic slowdown affecting buyer demand.
  • Supply chain disruptions or construction delays could impact timely delivery and sales momentum.
  • Rising interest rates or lending conditions may affect affordability and buyer qualifications, influencing sales velocity.

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