Toll Brothers’ $11.73 Million Limekiln Pike Purchase
Toll Brothers paid $11.73 million for 1336 Limekiln Pike, a roughly 47.92-acre property in Ambler, according to Montgomery County property records. The Fort Washington luxury homebuilder acquired the parcel in August 2026.
One report lists August 12 as the purchase date.
The purchase timeline places the closing more than a year after Horsham Township approved a residential project for the site in August 2025. The approval allowed 34 single-family homes, indicating the property was entitled before Toll Brothers completed the acquisition. Plans also include restoring the existing 2,700-square-foot residence dating to 1850, preserving a historic home alongside the new construction.
The seller was a trust associated with the Worth family. That seller background provides context for the transaction, while county records establish the reported sale price and parcel details.
The planned homes align with Toll Brothers’ focus on luxury home buyers seeking premium finishes and thoughtfully designed living spaces.
News outlets reported the deal in early October 2026, drawing attention to the substantial price paid for land along Limekiln Pike in the Ambler area.
What’s Planned for the 47.92-Acre Site
The approved plan calls for 34 luxury single-family homes on the 47.92-acre Limekiln Pike property, with lots at least 100 feet wide. The development, approved by Horsham Township in August 2025, will create a low-density residential subdivision on land near Kohler Farms.
The homes are planned as detached residences, rather than multifamily housing. The stated lot dimensions establish a minimum width, while the available facts do not specify lot depths or individual parcel sizes.
The fixed home count defines the scale of the residential build-out. The site plan also includes open space, although the supplied materials do not detail its amount or layout.
The parcel’s development combines new home construction with a historic property retained within the plan. Review of the application included traffic, water supply and sewerage considerations before township approval. The plan reflects the broader importance of residential compatibility as communities weigh new development against surrounding land uses.
The 1850 Home Set for Restoration
A historic residence dating to 1850 will remain on the 47.92-acre Limekiln Pike property as the surrounding land is redeveloped for 34 homes.
The approximately 2,700-square-foot house at 1336 Limekiln Pike is identified in project plans as one of the property’s historic structures. It is the principal existing building designated for restoration and is not included in the new-home count.
The filing calls for both preservation and restoration, linking the work to the parcel’s broader redevelopment. The residence will remain in place as the rest of the property changes, creating an adaptive-reuse element alongside new construction.
Its 1850-era architecture distinguishes the building from the planned homes. The historic home restoration provisions reflect an effort to retain the site’s documented history while accommodating residential development.
The property was associated with the Worth family trust in the filing and sold for $11.73 million.
How Horsham Township Approved 34 Homes
In August 2025, Horsham Township approved a plan for 34 single-family homes on the 47.92-acre parcel at 1336 Limekiln Pike. The decision followed a municipal review of the proposed residential development near Ambler.
Planning commission review proceeded under the township’s special-exception requirements. Those criteria guided consideration of whether the proposal could be accommodated at the site while addressing potential effects on the surrounding area.
Review focused on traffic, water supply, sewerage, health, safety, and general welfare. These factors gave officials a framework for evaluating how construction and future occupancy might affect public services and nearby properties.
The approved plan called for a low-density community of luxury homes on estate-style lots, reportedly at least 100 feet wide. It also included preservation and restoration of historic structures, including the residence dating to 1850.
That preservation component formed part of the materials considered during township review.
What the Deal Says About Ambler-Area Housing
Ambler’s housing market is drawing steady demand for upscale homes, supported by downtown access, SEPTA regional rail service and nearby school districts. Recent market snapshots place median sale prices near $739,000, with homes selling in roughly 26 days.
Local inventory remains tight, though reported estimates vary. One guide cited about 1.70 months of supply and 48 homes for sale, while another described a broader, more balanced market.
The differing figures reflect distinct sources and reporting periods, but both point to competition for available properties. Toll Brothers’ 34-home project adds limited new supply rather than a large wave of construction.
Its low-density layout, with lots at least 100 feet wide, targets move-up buyers seeking space and privacy. The project signals builder confidence but does not address lower-priced housing needs.
Assessment
Toll Brothers’ purchase puts a sizable Ambler-area housing plan in motion: 34 luxury homes on nearly 48 acres along Limekiln Pike.
The project also includes plans to restore the 1850 farmhouse. Horsham Township’s approval establishes a path for development.
The project’s scale and price point mark a notable addition to the area’s housing pipeline, though available details do not establish a construction schedule or final home prices.
