05/23/19 2:30pm

 

Last we heard, Champ d’Or had been sold to Walters Hospitality, with plans to make it an entertainment venue/private club. Now, trouble is brewing up in Hickory Creek over the new owner’s mighty plans.

Champ d’Or is a magnificent property in Hickory Creek we have written about extensively from its birth to the nine years and eight agents it took to sell the monster mansion. Once listed at $72 million, the 48,000-square-foot estate — yes, 48,000 — was put on the market the minute it was finished. It took years to build. The owners even bought a home across the street to live in while they built it. The various sales and auctions and marketing attempts to get it sold have given us more copy than a real estate blogger could ever dream of. 

Cellstar Corp founder Alan H. Goldfield and his wife, Shirley, built Champ d’Or starting in 2000, but never really moved into it. It is modeled after a chateau on the outskirts of Paris, and the two-story women’s closet in the master suite is modeled after the Chanel boutique in Paris.

C’est bon? Mais no.

The “Champ” is now drawing the ire of the many homeowners who live around it. The original estate was on 39 acres, but much of the land was sold off to create housing developments. We hear plans to turn the estate into a private club have now been abandoned. Developers with the new owners, T. Chateau Event Center, LLC, plan to make it into a wedding and event center that has gotten a little steroidal (kind of like the mansion itself) with a hotel or two, restaurant, bar, and spa on the property.
 
The estate, once the lone structure on a North Texas prairie, is now in the middle of a residential neighborhood, across the street from an attractive community of homes selling in the $500,000 range with a 32-acre equestrian center, and walking paths that lead directly to Lake Dallas. Steeplechase North is to the west of the estate, with a smattering of nice homes in the $300K-ish range. Megatel Homes is one of the builders, if that tells you anything. And the only access to the community, Turbeville Road, is still just a two-lane road off I-35.
 
So a large part of the town of Hickory Creek’s population, which has grown considerably over the years because of the Champ, is in an uproar.

Hickory Creek has blossomed around Champ d’Or, once the sole structure on Turbeville Road.

 
 

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Nothing says Memorial Day weekend like firing up the grill and splashing around in the pool! So this week, we are putting the spotlight on three Dallas Open Houses, each with luxurious interiors and backyards that are perfect for summer entertaining.

Park Lane Perfection

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Driving up to this stunning home in the coveted Devonshire neighborhood, you might instantly get an inkling that your house hunt is over. The one-level beauty sweeps you off your feet immediately with a stately yet welcoming stone exterior, and once you go inside, you’ll continue to swoon. With endless elegance and rooms full of natural light, you’ll always feel light as a feather here, which is how it should be when you’re at home.

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Twenty windows — that’s how much natural light you can soak in if you end up unable to resist this incredible urban townhome. Apparently, some lucky buyer out there felt the same way and just snatched up this listing repped by Compass agent Mohammed Jaber. It’s not difficult to see why, as this week’s Inwood National Bank Home of the Week has near-universal appeal for pretty much half of homebuyers in Dallas.

“The townhouse appeals to today’s buyer because of its open and ‘loft-like’ floor plan,” Jaber notes about this end-unit townhome — an absolute bargain. “It’s especially attractive to the younger professional buyer who wants to be in a large open space.”

 

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05/23/19 9:30am

If traffic is the major argument against redevelopment in PD-15, a new study could render it moot.

The traffic study, conducted by Pacheco Koch and funded by the Preston Place condos, was posted online Tuesday and makes for interesting reading. The map above shows the study area bounded by Preston Road, Northwest Highway, Walnut Hill, and Hillcrest Road. It goes well beyond just PD-15 which should be good news for the surrounding Pink Wall and Preston Hollow neighborhoods.

The report itself is 120 pages long with two 15-page sub-reports on the potential of adding traffic signals to either Edgemere Road or Tulane Boulevard at Northwest Highway. Skimpy it ain’t (so I’ll excuse you to read the first 19 pages).

What makes this report different from other traffic studies I’ve read is that it includes extensive thought and recommendations on how things currently work and could work in the future. While I’m open to nearly all its findings, I have an issue with their thoughts on opening Tulane Boulevard. But I get ahead of myself, let’s start with the traffic numbers before we visit how to shuffle it around.

Looking back to the comments from an April 24 column I wrote, a reader asked what I thought the traffic impact would be.  I answered my best armchair estimation saying we needed to wait until the professionals delivered their goods.

How’d I do?

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05/23/19 9:15am

Allen

When selecting Thursday Three Hundred homes, I have nothing against recently-built suburban neighborhood homes in high-growth areas, but I do have to say there’s a trade-off. For what you get in a shiny move-in ready home with the latest amenities, there’s an undeniable homogeneity that makes you feel like you’ve seen this home before. That’s why I was happy to find 806 Fawn Valley Drive in Allen: a five bedroom, three bath, 2,632-square-foot home that boasts architectural features and little details that make you appreciate the home in itself. It’s listed for $315,000 by Pareen Desai of JP & Associates Frisco(more…)

05/23/19 8:45am

Florida

Lake Park Estates is such a cool neighborhood, which is why I’m not really shocked to see how much asking prices have skyrocketed in the past few years. This increasingly desirable White Rock Lake enclave offers pretty much everything people move to East Dallas for, notes David Griffin & Company Realtor Lori Ericsson

That’s why we think that this remodeled midcentury ranch in Lake Park Estates is worthy of our High Caliber Home of the Week title, presented by Lisa Peters of Caliber Home Loans. Not only does it have some impeccably planned additions that make the most of the arboreal environment that puts the “park” in Lake Park Estates, but it’s also another kind of green.

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