Toll Brothers announced the release of Phase 3 home sites at Griffith Lakes in Charlotte, North Carolina, on October 16, 2026. The expansion adds single-family home opportunities in the community’s Cottage and Preserve collections, with starting prices in the upper $400,000s and mid-$500,000s, respectively.
Key Takeaways
- Phase 3 adds home sites in two collections within the existing Griffith Lakes community.
- Cottage homes offer approximately 2,000–3,000 square feet; Preserve designs accommodate up to six bedrooms.
- The development includes lake access and recreational amenities, while commercial and retail space remains planned.
Table of Contents
Griffith Lakes offers two home collections
Toll Brothers’ Phase 3 release announcement covers both the Cottage and Preserve collections, rather than a separate new community. Both offer single-story and two-story designs, giving buyers a choice of layouts at different starting prices.
The Cottage Collection starts in the upper $400,000s, with ranch-style and two-story floor plans spanning approximately 2,000 to 3,000 square feet. The Preserve Collection starts in the mid-$500,000s and offers larger designs, including more bedrooms and additional garage capacity.
The quoted prices are starting points for each collection, not prices for every available home. Buyers can also select finishes and other design features with assistance from consultants at the Toll Brothers Design Studio.
| Item | Details |
|---|---|
| Cottage bedrooms | Up to 4 |
| Preserve bedrooms | Up to 6 |
| Bathrooms | Up to 4 in either collection |
| Garage capacity | 2 cars in Cottage; up to 3 cars in Preserve |
Lake amenities and future retail space
Griffith Lakes is a master-planned development centered on Griffith Lake, a few miles from Uptown Charlotte. Toll Brothers describes lake access, walking and biking trails, kayaking and a pool among the community’s recreational features.
The company also identifies commercial and retail space as a future component of the development. That distinction matters for buyers comparing the community’s existing amenities with services that have not yet been delivered.
The sales center is located at 2525 Griffith Lakes Parkway in Charlotte. The announcement does not specify the number of home sites released in Phase 3 or provide a home-completion timetable.
Conclusion
The release expands the choice of home sites at Griffith Lakes. Delivery schedules for the new homes and the planned commercial and retail space remain details to watch; neither timetable was provided in the announcement.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.




