Toll Brothers Announces Groundbreaking at Sawgrass Lakes Community in Babcock Ranch, Florida

BABCOCK RANCH, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced that construction is officially underway at Toll Brothers at Sawgrass Lakes in Babcock Ranch, Florida. This highly anticipated community has broken ground and will feature newly released luxury single-family homes with spacious home sites, many offering tranquil lake views, in the heart of the Babcock Ranch master plan. Toll Brothers at Sawgrass Lakes is anticipated to open for sale in January 2027.

Toll Brothers at Sawgrass Lakes is a gated community in Southwest Florida showcasing an array of one- and two-story home designs with contemporary architectural details and expansive floor plans. Home shoppers can choose from elegant designs with 3 to 6 bedrooms and options for private pools, outdoor living areas, and personalization opportunities. Three collections of homes are anticipated to be priced starting from the upper $500,000s to over $1 million. The homes are thoughtfully designed with gourmet kitchens, open-concept living spaces, and luxurious primary bedroom suites, making them the ideal retreat for families of all sizes.

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.

Toll Brothers at Sawgrass Lakes

Residents of Toll Brothers at Sawgrass Lakes will enjoy private community amenities, including walking and biking trails, an outdoor pool, fire pits, event lawns, playgrounds, and common spaces. In addition, they will have access to all the world-class amenities that Babcock Ranch offers, such as resort-style pools, pickleball and tennis courts, dog parks, and scenic walking trails. The community is located in a prime spot on the Lee County side of Babcock Ranch, offering convenient access to everyday essentials and major commuter routes, including Babcock Ranch Road.

"We are thrilled to break ground on Toll Brothers at Sawgrass Lakes in one of Florida’s most vibrant and picturesque master-planned communities," said Sean Walsh, Division President of Toll Brothers in Southwest Florida. "This community offers an exceptional lifestyle for home shoppers seeking luxury, convenience, and natural beauty in a highly desirable location."

For more information and to join the Toll Brothers interest list for Toll Brothers at Sawgrass Lakes, call (844) 551-2787 or visit TollBrothers.com/FL.

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.

Contact: Andrea Meck | Toll Brothers, Senior 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/f69883c2-2730-4751-bb5f-9bbc76325105

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