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Sustainability is not a word generally associated with luxury homes, but one local architect has been challenging that for some time. Tom Reisenbichler puts the gorgeous in green. His modern masterpiece at 3501 Caruth Boulevard in University Park has received LEED Gold designation and was just listed by Deanne Brock with Allie Beth Allman & Associates for $5.695 million. (more…)

 

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Downton Abbey’s Lady Edith would be right at home in this Regents Park townhouse. Not Regent’s Park, London, mind you, but Dallas. The Regents Park development is an exclusive gated community of just 14 luxury homes in the heart of Turtle Creek.

White stucco exteriors, balconies, terraces, and iron embellishments mean the builders have gotten it absolutely right in their goal of bringing a bit of London’s style to Dallas. If you could easily imagine yourself living in a tony London flat, this beauty at 2908 Hood Street may be just your cup of tea. Daylon Pereira of Allie Beth Allman has the 6,547-square-foot, four-bedroom, four-full-and-two-half-bath listing priced at $2.59 million.

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Photo: Dan Piassick

As you enter the gorgeous grounds of this estate you’ll think you’ve stumbled into Las Alamandas –the resort on Mexico’s Pacific coast that is so private it’s the favorite haunt of the uber rich and famous. This haven of a hacienda is picture perfect in every way and although you don’t have to be famous, you’d better have a healthy bank account for this one. With a list price of $11,595,000 it’s not for the faint of financial heart but it is most definitely for the very discerning and privacy driven buyer. If you want the look and feel of a boutique luxury hideaway hotel, 4842 Brookview Drive is a secluded paradise, replete with lush gardens, breezy terraces, and best of all, its minutes from downtown. (more…)

GetMedia.ashxThere is so much to love about this 1926 Tudor I barely know where to begin. Oh wait, yes I do — on the street. Talk about curb appeal making you do a double take. Palm trees? Are we California dreaming? Is this a secret celebrity hideaway?

Jump to take a closer look inside this Greenland Hills home!

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dallas open houses this weekend

The condo at 3505 Turtle Creek Blvd Apt 3E is elegant and posh, with great skyline views, and it’s one of our five featured open houses this week.

The CandysDirt Open Houses of the Week column runs every Thursday, featuring five “don’t miss” properties in Dallas (and the ‘burbs from time to time). It’s an insider’s look at some of the hot houses on the market today.

This week, our houses range in price from $305K to $929K. You’ll find a designer Turtle Creek condo (pictured above), fixer-upper in East Dallas’ Lochwood neighborhood, and a beautiful Prestonwood Estates ranch with over 3,300 square feet.

So get out your smartphone and make a date to visit at least one of these open houses. Leave us a comment with your thoughts, and if you know of any we just have to cover next Thursday!

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Hi ho, hi ho, it’s off to buy we go!

Head to the very center of the Disney streets neighborhood in Midway Hills and you’ll find this sweet 1957 midcentury modern home at 11136 Dwarfs Circle. We’re pretty sure this one would have Snow White seriously considering ditching the castle. She’ll probably bring the prince with her, though.

After hitting the market only 11 days ago, it was already under option, which is not surprising considering the lightening speed at which Richard Graziano of Allie Beth Allman sells houses. This 2,414-square-foot, four-bedroom, three-bathroom gem is a bargain at $550,000 because every single thing you would think to do to it, has already been done — and done extremely well.

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Preston Trail IHOTW

Talking to Steven Rosenthal, who hangs his hat at Allie Beth Allman, is always a treat. It’s evident that he loves being a Realtor and he’s over the moon about 6009 Pompton Court, his latest listing.

“It’s the most amazing home you would ever want to see,” Rosenthal told me recently. I think that’s actually putting it mildly.

Built in 2001, this five-bedroom, eight-bathroom (yes, eight), 15,253-square-foot home in Preston Trails hit the market last week. It’s so close to Preston Trail Golf Club you could grab your driver, hit a ball across the street and probably sink it. Golfers, take note: This home is right up your fairway. (more…)

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Andrew Beal photo courtesy of Forbes

Recall that when Tom and Cinda first put their 25.5 acre estate on the market, it was listed with broker Douglas Newby for $136 million. That was in January of 2013. The market was just waking up, of course, but behemoth properties are always tricky to sell because the buyer pool is so limited. When Allie Beth Allman and David Nichols got the listing in March of 2015, the price was lowered to $100 million. Which sounds like a lot, but with acres priced at $2 million just for the dirt, that’s $51 million for the land.

The Hicks bought the property in 1997, and they spent more than $100 million extensively renovating the four-story mansion, which was built in 1938. And they added buildings to the estate. In fact, when we toured the home, it was rather like being in a secluded little village of your very own. The long drive keeps out intruders, and security can roam the property.

When the Hicks worked on the home — they were living on Beverly Drive at the time — they doubled the square footage by adding on two wings to either side of the original mansion. They also added a basement housing a 20-seat theater with commercial equipment. And they added a chilled water system to run hot and cold water throughout the house instantly and heat the floors of the master baths.

And you couldn’t just “add on”: the home’s renovation had to carefully reflect the style and mode of architect Maurice Fatio, who designed the home for the original owners: Pio and Florence Crespi. As part of the purchase agreement, Florence lived at the estate until her death in 1999 even though the Hicks has possession.

Which reminds me: the Hicks are looking for a new home base in Dallas, but there is likely no rush to get out: they could always stay in one of the guest houses at Walnut Place!

Alexandre De Champliamaud

Alexandre De Champliamaud

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Peter Marino photo courtesy of Architectural Digest

The Hickses worked with New York City architect Peter Marino and Alexandra de Champalimaud to perfect the expansion and help match Fatio’s original vision for the estate. When they needed stone for the new wings, the original quarry from whence Fatio found stone was re-opened after decades of closure to make sure the stones matched as closely as possible to perfection. The point is, the home easily had more than $100 million in improvements and structure on land valued at $51 million in today’s market. So Douglas Newby was not too far in his original pricing.

So did Andy Beal — 62 year old founder and chairman of Plano-based Beal Bank, a college drop-out with interests in everything from aerospace to high-stakes poker, and a mathematical and investing genius —really cough up $100 million? He is a man known for making deals, a value shopper known as an aggressive bottom-feeder. Most agents I have spoken to believe he negotiated the $100 million asking price of the estate on Walnut Hill Lane. Thus far I’ve heard agents speculate he may have paid $70 to $80 million. Perhaps the Hicks estate was a bit more negotiable than the Crow estate? Or perhaps he did realize the deal was so keen at $100 million?

“Andy Beal is a value investor that’s been interested in the property,” Douglas Newby, owner of Dallas-based luxury boutique brokerage Douglas Newby & Associates, told the DBJ.“But his first choice was buying a home in Highland Park, if he could negotiate the right price.”