No For Sale Sign Over There on Alva Court: T. Boone Pickens and Lovely Wife Call it Quits

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Yesterday came news, sad as I think it always is, that Madeleine and T. Boone Pickens are divorcing. They are one of the most charitable couples in Dallas, probably the world, and I cannot wonder if the Alva Court house will soon go on the market, though Norman Brinker stayed on in his Alva Court house even after the split with Nancy. Madeleine owns the Del Mar Country Club in Rancho Santa Fe, Ca. where Michael Dell among others (Janet Jackson, Madeleine’s good friend Jenny Craig) have second homes. She got that from her previous husband, Allen Paulson, founder of Gulfstream.  In any case, looks like the Pickens paid $5,000,000 for this Preston Hollow home in mid 2005, the home having been built by Janie and Cappy McGarr in 1996. Boasting almost an acre, 8215 square feet, a three car garage, master down, three bedroom up, pool and cabana, it is in the honeypot of Preston Hollow.

Nothing like a market that’s so tight you have to go around sniffing divorces to find potential listings…

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Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature CandysDirt.com, and SecondShelters.com, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).

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