No shocker there — the billionaire banker is worth about 11.7 billion, which is plenty of cheese to plunk down on the $100 million Hicks estate Walnut Place on Walnut Hill Lane OR the $46 million estate of Trammell Crow on Preston Road. (It has been reduced from $59.356 million, not sure Steve got that message.) Two entirely different properties. And money is no object. And Beal’s freaking young, age 62. Still single, far as I know.
The Hicks estate, is turn-key ready: it’s an historic home of 27,000 plus square feet that was meticulously renovated with every attention to detail. There are seven bedrooms plus a 3,000 square foot master and quite honestly, you could live just in the master and mistress’s closets, though the separate entertainment house (which houses the theater) is one of my personal favorites.
The Crow estate at 4500 Preston Road is one of the largest properties in Highland Park, and while the home is exceedingly grand, it might need a little renovation. Which would give the new owners a chance to make their own imprint and statement upon the house — choose their own designers, architects, etc. You simply cannot beat the property or location. We are talking 6+ acres in the heart of one of the nation’s most desirable communities with almost guaranteed home values, security and schools. In 1906, when HP began, only 5 multi-acre sites were created on Preston Rd overlooking Turtle Creek: this Tudor home designed in 1912 was one of them. It has only had 3 owners. The grounds include a century-old tree. (more…)