This and all the other ‘short sales’ in that area have been for sale for eons, rejected and they will not be sold for anywhere near those prices.
I visited Toll VIP and the houses look very nice but the best lots with best views arent until the mid to late phases. Also, its going to run about 75k-125k more for something similar in Serenity. I.E. view lot sq ft and same upgrades. Due to incentives offered by Serenity. Serenity is def. trying to finish off their sales and making deals. The landscaping is very nice and they did a top notch job with the underground and sprinkler systems and concrete.
For someone in the 1 mil+ range Toll Bros. will be a prefered option. For the 900-920k range Serenity. They wont have anything built until after Jan 2012 and EVERYTHING is an upgrade at Toll Bros. whereas Serenity has decent standard items the are really dealing out incentives to do the flooring and bathrooms etc to the nines all within your regular purchase price.