Toll Brothers Inc (NYSE:TOL) a national builder of luxury homes purchased a 33-lot subdivision known as Atalon in northeast Scottsdale for $5 million ($152,000 per lot). The property, of approximately 81 acres, was annexed into the City of Scottsdale in 1982 as low density residential. The property comprises 11 parcels and sold with a preliminary plat for 33-lots approved by Scottsdale City Council January, 2012. Approximately 19 acres of the property is designated for natural open space.
A significant detail of Atalon is the boulder outcroppings and two large ephemeral washes that run through it. The site is located at the southwest corner of 118th Street and East Pinnacle Vista Drive in Scottsdale. To the south of this project is the Desert Summit Subdivision.
Toll Brothers believe that preserving the natural environment is an integral part of creating a community where anyone would be proud to call home. That means everything from environmentally sensitive planning to energy-efficient home design. Nationwide, Toll Brothers partners with conservation groups that include the National Wildlife Federation and Audubon International. In addition, the homes are designed to harmonize with the scenic beauty of the surrounding landscape. The goal is to preserve as much open space as possible, incorporating and even restoring the existing hills, trees, and ponds. Homes include numerous green features that help to minimize our impact on the environment. By going green with a new Toll Brothers home, homeowners save money, while making a difference, and maximizing the quality of life.
Toll Brothers is currently building in 19 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington.
Toll Brothers can be contacted at (480) 951-0782.