Growth Continues at Hasentree

Raleigh, NC, March 27, 2014 --(PR.com)-- Hasentree, one of the Triangle’s most luxurious master planned communities, has grown significantly since Toll Brothers (NYSE:TOL), the nation’s leading builder of luxury homes, purchased the community in 2010. Today, Toll Brothers announced exciting additions to the popular community, as they begin construction on the community’s new 16,500 square-foot Residents Clubhouse. In addition, Toll Brothers announced the release of an additional 52 Golf Villa home sites situated along the community’s award-winning, 18-hole, Tom Fazio-designed golf course. The community, which is conveniently located in Wake Forest, just minutes away from Research Triangle Park, I-540 and Raleigh Durham International Airport, continues to draw residents looking for quality craftsmanship combined with world class amenities.

“This really is an amazing community and we are delighted with the excitement and interest we continue to receive from area Realtors® and prospective residents,” said David Kelly, Raleigh Division President for Toll Brothers. “I know our residents are greatly anticipating the opening of the new Clubhouse and we are pleased to be able to offer additional Golf Villa home sites to meet continued demand for these beautiful homes.”

Anticipated to open this fall, the new Clubhouse will feature soaring vaulted ceilings, a stone fireplace and expansive private bar area. The facility will also include spacious men’s and women’s locker rooms with private shower suites, a large flex room for social gatherings or corporate meetings and a main dining room with easy access to covered outdoor dining, which will be the perfect spot for enjoying breathtaking views of the 10th and 18th holes while enjoying a casual meal with friends. A covered outdoor breezeway will connect the new Clubhouse to the existing two-story Golf Cottage and Pro Shop.

Designed by Small Kane Webster Conley Architects of Raleigh, the Clubhouse will feature an Old-World European design and include sloping stone walls and timber framing to perfectly complement the community’s distinctive home designs.

The additional Golf Villa home sites are part of three distinct home collections buyers have to choose from at Hasentree. Homes in the community range in size from 1,820 to over 5,000 square-feet, many located on large, heavily wooded or golf course sites, with prices from the $350s to mid $700s. Homes from the Golf Villa Collection showcase six, low-maintenance, ranch-style home designs, including options for two, three and four bedrooms, well equipped kitchens with large islands, spacious master-bedroom suites with coffered ceilings, walk-in closets, a luxurious master bath and two car garages.

In addition to the new Residents Clubhouse, Hasentree features a 13,000 square foot Family Activity Club, providing residents and members year-round, resort-style amenities which include a state-of-the-art fitness center, game and media room, rope-style playground and lighted Har-Tru® tennis courts. The Family Activity Club also includes a kids’ corner, spa and an Aquatics Complex—complete with a 6-lane, 25 yard competition pool, zero entry kiddie pool and a 90' double-loop water slide.

Toll Brothers offers spectacular new-home communities throughout the greater Triangle area, including Brier Creek Country Club in Raleigh, Green Level Crossings and The Oaks at Meadowridge in Cary and The Hills at Southpoint in Durham. Toll Brothers sales centers and decorated model homes are open Sunday and Monday from 1 p.m. to 6 p.m. and Tuesday through Saturday from 10 a.m. to 6 p.m. For more information about Toll Brothers and its luxury communities throughout the Triangle visit TollBrothers.com/NC.

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, Inc. began business in 1967 and became a public company in 1986. The Company was named 2012 Builder of the Year by Professional Builder magazine (www.housingzone.com) and becomes the first builder to win this award twice. Toll Brothers is honored to have won two other coveted awards in the home building industry as well: America’s Best Builder and the National Housing Quality Award. The Company was also ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine‘s annual World’s Most Admired Companies survey in the home building category. For more information, visit TollBrothers.com.