Build your new home in Penrose CO with Toll Brothers. Choose from a great selection of new construction home designs with flexible floor plans.

New Homes in Penrose CO - New Construction Homes | Toll Brothers® 

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30-Year Fixed Rate with 2/1 Buydown Program
Limited Time Only on Select Homes

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For a limited time on select quick move-in homes, Toll Brothers Mortgage Company is offering reduced interest rates for the first two years of your 30-year fixed loan and then a locked interest rate starting with year three for the remaining loan term. All with as little as 10% down. This offer is only available on homes that close by October 17, 2025, so take advantage of this great rate now.

Discover the Toll Brothers 2/1 Buydown Program and give yourself one more reason to make your next move.

Welcome to luxury at Toll Brothers at Gold Hill - Apex Collection, a community of new homes in Colorado Springs, CO. Showcasing an elevated selection of expertly crafted detached single-family homes, this community features versatile three-story floor plans ranging from 1,963 to 2,066 square feet with modern architecture and the ability to personalize. Situated within the Gold Hill master plan, residents can enjoy exceptional gateway access to the mountains that surround this community. With close proximity to exciting downtown shops and restaurants, Toll Brothers at Gold Hill - Apex Collection is the ideal setting for every lifestyle.

Toll Brothers at Gold Hill - Apex Collection is a community of new homes in Colorado Springs, CO, featuring detached single-family homes with floor plans ranging from 1,963–2,066 sq. ft. and premier access to the downtown area

Ridgway

Kenosha

Conifer

Toll Brothers at Gold Hill - Apex Collection

Toll Brothers at Gold Hill - Apex Collection is a community of new homes in Colorado Springs, CO, featuring detached single-family homes with floor plans ranging from 1,963–2,066 sq. ft. and premier access to the downtown area.

Toll Brothers at Gold Hill - Horizon Collection is a new townhome community in Colorado Springs, CO, that offers a luxury lifestyle in a charming and convenient location. Showcasing a wonderful selection of 3-story attached home designs, Toll Brothers at Gold Hill - Horizon Collection features expansive floor plans ranging over 2,200 square feet with flexible living spaces, 2-car garages, and the ability to personalize. Situated within the prestigious Gold Hill master plan, this community features easy gateway access to surrounding mountains and other incredible natural features. Located just minutes from Colorado Springs’ vibrant downtown area, Toll Brothers at Gold Hill - Horizon Collection provides a wonderful setting to call home.

Toll Brothers at Gold Hill - Horizon Collection is a new townhome community in Colorado Springs, CO, featuring 3-story attached homes with floor plans ranging from 2,126–2,245 sq. ft. in an ideal location close to downtown

Blackmer

Animas

Toll Brothers at Gold Hill - Horizon Collection

Toll Brothers at Gold Hill - Horizon Collection is a new townhome community in Colorado Springs, CO, featuring 3-story attached homes with floor plans ranging from 2,126–2,245 sq. ft. in an ideal location close to downtown.

Toll Brothers at Gold Hill is a community of new construction townhomes in Colorado Springs, CO, offering attached homes and detached single-family homes with close proximity to outdoor recreation and a vibrant downtown area.

Image represents an anticipated home design at Toll Brothers at Gold Hill

Toll Brothers at Gold Hill

Toll Brothers offers new homes for sale in the most desirable locations of Colorado Springs, with gorgeous views of the red rocks in the iconic Garden of the Gods Park. The Preserve provides you with the perfect opportunity to build a new luxury home in the well-established, Kissing Camels gated community. These exquisite home designs feature a variety of exterior options to highlight your style. With gorgeous views and lush landscape in this new home community, you’ll find beauty in everyday living in the Preserve at Kissing Camels in Colorado Springs.

The Preserve is a new home community that showcases six luxury single-family homes for sale in the well-established Kissing Camels gated community located in Colorado Springs. Toll Brothers offers

Burwell Modern Ranch

Pinon Mid-Century Modern

Pinon Prairie

Vine Modern Ranch

Pinon

Preserve at Kissing Camels

The Preserve is a new home community that showcases six luxury single-family homes for sale in the well-established Kissing Camels gated community located in Colorado Springs.

Life at Red Rocks - enjoy impeccable mountain views and an exclusive feel in one of the most sought-after communities on the west side of Colorado Springs, Kissing Camels. Red Rocks defines what Colorado living is all about with a nearby clubhouse and amenity options based at the foothills of Garden of the Gods Park. Within a new home by Toll Brothers, you will find luxury living at its finest.

Red Rocks is an exclusive neighborhood within the gated community of Kissing Camels, offering impeccable mountain views and the opportunity to personalize a new, luxury home in Colorado Springs

Redstone Prairie

Fleetwood Prairie

Montello

Red Rocks at Kissing Camels

Red Rocks is an exclusive neighborhood within the gated community of Kissing Camels, offering impeccable mountain views and the opportunity to personalize a new, luxury home in Colorado Springs.

Toll Brothers at Kissing Camels is a master planned new home community in the sought-after area of Colorado Springs. This gated community features striking views of Pikes Peak & Garden of the Gods.

Toll Brothers at Kissing Camels

Discover the best of Colorado living at Heights at Cottonwood Creek. This community of new luxury townhomes is ideally nestled in Colorado Springs, offering access to outdoor adventure, everyday conveniences, major commuter routes and employment hubs, and exceptional education within the highly ranked Academy School District 20. Less maintenance means more time to enjoy life in this central location with direct trail access to Cottonwood Creek Park and its acres of recreation, including sports fields, playground and picnic areas, and a popular 18-hole disc golf course. Select from an array of stunning townhome designs and personalize your finishes at the Toll Brothers Design Studio to create your ideal home in this unique setting.

Located in the coveted Academy School District 20, Heights at Cottonwood Creek is a community of new luxury townhomes in Colorado Springs featuring innovative home designs with views of the Front Range and trail access to Cottonwood Creek Park

Ruxton Farmhouse

Leo Farmhouse

Grace Elite Farmhouse

Burgess Farmhouse

Burgess Elite Farmhouse

Coulson Elite Farmhouse

Skycrest

Ruxton

Peregrine Elite

Grace Elite

Burgess

Burgess Elite

Coulson

Coulson Elite

Open living areas with kitchen, dining and great room

Heights at Cottonwood Creek

Located in the coveted Academy School District 20, Heights at Cottonwood Creek is a community of new luxury townhomes in Colorado Springs featuring innovative home designs with views of the Front Range and trail access to Cottonwood Creek Park.

Discover exceptional living at Foxtail Crossing, a brand-new gated community wonderfully located in Colorado Springs, Colorado, close to every comfort and convenience. This private enclave features a sophisticated selection of single-family paired homes that offer thoughtfully designed floor plans with modern architecture and unrivaled options for personalization. Foxtail Crossing is ideally situated close to the Powers Corridor and Woodmen Road with a plethora of local dining and shopping options nearby as well as extraordinary outdoor recreation opportunities. Experience the vibrance and beauty of Colorado within an exclusive gated setting when you find your new home at Foxtail Crossing.

Foxtail Crossing is a private, gated community in Colorado Springs, CO, offering luxury single-family paired homes up to 2,067 sq. ft. with exceptional access to shopping and dining, recreation, area employers, and convenient commuter routes

Herman Contemporary

Blodgett Contemporary

Elbert Modern Prairie

Herman

Blodgett

Elbert

Foxtail Crossing

Foxtail Crossing is a private, gated community in Colorado Springs, CO, offering luxury single-family paired homes up to 2,067 sq. ft. with exceptional access to shopping and dining, recreation, area employers, and convenient commuter routes.

Nestled in Colorado Springs, CO, Edge at Wolf Ranch is part of a vibrant master-planned community with gorgeous Rocky Mountain views, access to award-winning schools, and an array of amenities perfect for active lifestyles. Edge at Wolf Ranch offers five two-story, single-family home designs with 1,886–2,748+ square feet including an optional finished basement, plus fenced side yards. Recreation is plentiful in this North Colorado Springs luxury home community, thanks to an abundance of parks, trails, open spaces, a community lake, a clubhouse with a pool and splash zone, and much more. Residents will enjoy close proximity to the community lake, which offers fishing and a kayak launch, as well as playground areas, 25+ miles of connected trails, picnic spots, and the Woof Ranch dog park.

Edge at Wolf Ranch is a community of luxury homes in desirable North Colorado Springs offering 63 single-family, alley-loaded homes with private side yards in a sought-after master plan featuring access to amenities and highly rated schools

Mesa Craftsman

Cherryvale Farmhouse

Dalby Prairie

Kersey Farmhouse

Dalby

Mesa

Ayers

Cherryvale

Kersey

The Dalby Model Kitchen and Dining at Edge at Wolf Ranch

Edge at Wolf Ranch

Edge at Wolf Ranch is a community of luxury homes in desirable North Colorado Springs offering 63 single-family, alley-loaded homes with private side yards in a sought-after master plan featuring access to amenities and highly rated schools.

Discover the best new homes in Colorado Springs. Revel is part of a vibrant, amenity-filled master-planned community in Wolf Ranch. Select from a multitude of thoughtfully crafted home designs including ranch and two-story options, fabulous indoor-outdoor living choices and so much more. Enjoy award-winning schools, endless biking trails, parks, and open spaces. Spend evenings and weekends outdoors at the Woof Ranch dog park or community pool with splash zone, enjoy kayaking and paddleboarding on the 11-acre lake, or meeting neighbors at community year-round events.

A place where the day-to-day living seems to be just that much sweeter.  This master-planned community features a wide variety of new home designs and convenient North Colorado Springs location

Vineyard Farmhouse

Ellingwood Craftsman

Cameron Craftsman

Cameron Farmhouse

Velar Craftsman

Talbott Modern

Woodmoor

Limbach

Velar

Talbott

Cameron Home Design - Kitchen and Casual Dining

Revel at Wolf Ranch

A place where the day-to-day living seems to be just that much sweeter.  This master-planned community features a wide variety of new home designs and convenient North Colorado Springs location.

Toll Brothers at Wolf Ranch is a luxury master-planned new home community offering a wide variety of single-family home designs in a convenient North Colorado Springs location with access to premium amenities and highly rated schools.

Master-plan community with beautiful mountain views that can be seen throughout the community

Toll Brothers at Wolf Ranch

Experience an exquisite blend of luxury and style in a premier location at Toll Brothers at Jackson Creek. This new home community in Monument, CO, provides residents with a wonderful selection of single-family homes with expertly designed one- and two-story floor plans that feature distinctive architecture and offer the ability to personalize. Enjoy easy access to top-rated schools and a wide range of outdoor activities while being just minutes from the Air Force Academy and the charming shops and restaurants found in Colorado Springs. Discover your dream lifestyle at Toll Brothers at Jackson Creek.

Toll Brothers at Jackson Creek is a new home community in Monument, CO, showcasing an elevated selection of single-family homes in a prime location with easy access to shopping, dining, and outdoor activities

Limbach Cottage

Woodmoor Craftsman

Toll Brothers at Jackson Creek

Toll Brothers at Jackson Creek is a new home community in Monument, CO, showcasing an elevated selection of single-family homes in a prime location with easy access to shopping, dining, and outdoor activities.

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Heights at Cottonwood Creek

Foxtail Crossing

Toll Brothers at Wolf Ranch

Toll Brothers at Jackson Creek