Real Estate Auctions Are Taking Off: Girnormous Preston Trails Home Going To The Block, No Reserve
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Update: One of our wonderful readers alerts me to the fact that this is golfer Lanny Watkins residence. Hence, the putting green. Quest: if the agents had promoted that the home had a high profile owner, could it have sold faster?
So this puppy was listed as far back as August, 2011 with Kevin Laszlo of Dave Perry Miller, for a whopping $2,995,000. Hell, we might as well say $3 million. Then it was reduced faster than a Dallas Cowboys Cheerleader trying to squeeze into her hot pants: $2,449,000 (numbers game, a dollar under $2.5), THEN it was listed with Mike Brodie of Keller Williams for $2,295,000. Let me tell you, these are two top dog agents. They have seen a few rodeos in their day, been around the real estate block. They marketed the home, put up the requisite beautiful photos, lowered the price, did about everything humanly possible to move it EXCEPT have it on CandysDirt.com.
So what is the deal? Why has this house not moved? 9521 square feet, a big one, yes, but there are bigger. Five huge bedrooms, five full baths and three half. Granite in the kitchen. High ceilings. Pool. Curved walls and the Mediterranean thick texture paint can be fixed. The pool is gorgeous. The drapes can come down. Cripes sake, the house even has a sauna! And there is also a “golf room” off the putting green. Look at this:
- Diving pool with spa and water feature
- 9-hole putting green and practice area
- Covered patio wired for sound/TV
- Aqualink pool system
- Shuffleboard court
The house will move, now, by hook or crook: 6002 Kettering Court is being offered WITHOUT RESERVE at auction by Concierge Auction. Concierge are the folks who sold off 6508 Old Gate in Kings Gate and The M Mansion up there on the North Dallas Forty. Oh my God, how can I forget — clearly too many Mojitos — they also sold Champs D’Or.
By the way, a little birdie told me that The M Mansion appraised out at about $7 million. They paid $4.5 for it at auction. Can we not call that the deal of the century???
This house belongs to the golfer Lanny Watkins. Its been on the market for over three years. The marketing problems are its poor view of a through street corner, noise from Preston Rd, small back yard with 9 hole artificial tuff 9 hole putting greens and poor curb appeal. For that kind of money in you can have a new home in the plush gated Glen Abbey subdivision a few blocks away with none of these problems.
This house belongs to the golfer Lanny Watkins. Its been on the market for over three years. The marketing problems are its poor view of a through street corner, noise from Preston Rd, small back yard with 9 hole artificial tuff 9 hole putting greens and poor curb appeal. For that kind of money in you can have a new home in the plush gated Glen Abbey subdivision a few blocks away with none of these problems.
This house belongs to the golfer Lanny Watkins. It’s been on the market for over three years. The marketing problems are its poor curb appeal and front view on a through street corner, noise from Preston Rd and the back yard with an odd artificial turf 9 hole putting green. For that kind of money in North Dallas you can have a new home in the plush gated Glen Abbey subdivision a few blocks away with none of these problems
This house belongs to the golfer Lanny Watkins. It’s been on the market for over three years. The marketing problems are its poor curb appeal and front view on a through street corner, noise from Preston Rd and the back yard with an odd artificial turf 9 hole putting green. For that kind of money in North Dallas you can have a new home in the plush gated Glen Abbey subdivision a few blocks away with none of these problems
With Tony Romo as your neighbor. David, do you think Preston Trails real estate is taking a hit these days? I love the area…
With Tony Romo as your neighbor. David, do you think Preston Trails real estate is taking a hit these days? I love the area…
The homes in Preston Trails, with a view, in the 6000 to 10,000 sf range have sold quicker in the last 24 months. I think its just the details of this house. The owner added at least 2000 sf in 1997-98 maybe that has something to do with it . I don't know I have not been inside but something is keeping it from selling.
The homes in Preston Trails, with a view, in the 6000 to 10,000 sf range have sold quicker in the last 24 months. I think its just the details of this house. The owner added at least 2000 sf in 1997-98 maybe that has something to do with it . I don't know I have not been inside but something is keeping it from selling.
I think if they would have promoted the high profile owner more, it would have sold.Celebrity sells!
I think if they would have promoted the high profile owner more, it would have sold.Celebrity sells!
You are right and I think the experienced listing agent knows that. Could be the owners request?
You are right and I think the experienced listing agent knows that. Could be the owners request?
[…] told you weeks ago that Lanny Wadkins’ house in Preston Trails had signed up for auction with Concierge Auctions. There’s no reserve. The auction is this Thursday, and I will be there, of course, to […]
[…] told you weeks ago that Lanny Wadkins’ house in Preston Trails had signed up for auction with Concierge Auctions. There’s no reserve. The auction is this Thursday, and I will be there, of course, to […]
[…] Yes, I am a slow drinker, but even Rhonda Needam with Dave Perry Miller and broker Rustin Smith thought it happened very fast. Tonight, of course, Concierge Auction sold off the Preston Trails home of golfer Lanny Wadkins, 6002 Kettering Court, without reserve. […]
[…] Yes, I am a slow drinker, but even Rhonda Needam with Dave Perry Miller and broker Rustin Smith thought it happened very fast. Tonight, of course, Concierge Auction sold off the Preston Trails home of golfer Lanny Wadkins, 6002 Kettering Court, without reserve. […]