Mt. Vernon Lowers Asking to $19 Million for Historic Lakewood Estate on White Rock Lake

Wow, big day for Lakewood real estate news. First broker peak at the Stanley Marcus house, and word that Allie Beth Allman has dramatically lowered the asking price of Mt. Vernon. It is now a cool $19 million. That’s a whopping ten million less than the estate’s original asking price of $29 million. No, wait. In April 2010, Mt. Vernon had an asking of $32, 500,000. So that is a $13,500,000 drop! What with Troy’s home on Highland sold, which was NOT in MLS, Mt. Vernon is now one of the highest priced listings in MLS. Only higher: 4939 Manson Court off Strait Lane at $29,995,000 and Dans Bois Crete over on Inwood at $19,500,000. The Crespi Estate, owned by Tom and Cinda Hicks, is still the highest priced home by a longshot in Dallas at $135 million, but it is NOT in MLS. Doug Newby has been marketing the Crespi estate bigtime to folks with private jets. 

4009 West Lawther is a landmark Dallas estate on ten acres overlooking White Rock Lake. The main home has 10,511 square feet that were totally renovated and expanded in 2002. There are elevator accesses on all three floors, five bedrooms (the master is 20 by 20 feet), 9 and a half baths, myriad living areas, a 2,400 square foot basement with wine cellar and storage, a two-story guest house, heated pool, pool house, four-lane bowling center, a 16 car concours auto facility aka a very fancy garage, lighted tennis courts, putting green, gazebo, outdoor grill and kitchen area with two fireplaces and pizza oven.