Toll Brothers just locked in about 36 acres of land in Southwest Ranches, where it plans to build 18 luxury homes as part of a new community called Rolling Oaks Estates.
The one- and two-story homes in the community on Southwest 58th Street, just west of Southwest 178th Avenue, will start at about 4,300 square feet to 6,900 square feet. Each home will sit on 2 acres of land, according to a press release.
Fred Pfister of Toll Brothers’ Florida East Division said prices for homes have not yet been determined. He said the houses are geared towards working professional couples, as well as families that might commute to Fort Lauderdale and Miami. Sales will be handled in-house and are expected to launch over the summer.
Records show an affiliate of Toll Brothers paid nearly $4.7 million for the site which holds 18 vacant lots. Pfister said the property used to be a nursery. The seller, 200 Leucadendra LLC, led by Albert Maury, provided the Pennsylvania-based company with about $3 million of seller financing.
Construction of the homes will be self-financed, according to Pfister. Each home will include a gourmet kitchen, master suite, home automation services and clean energy efficiency features.
Rolling Oaks Estates is just west of I-75 and south of Griffin Road, near Sawgrass Mills and the Shops at Pembroke Gardens.
Homebuilders Ellish Builders and the Spear Group also recently announced the delivery of the luxury home community Reserve at the Ranches, where home prices start at $2 million.
Southwest Ranches has been home to a number of athletes and celebrities like Dwayne “The Rock” Johnson, Cleveland Browns’ Karlos Dansby, and NFL cornerback Asante Samuel.