Not for the first time, a traffic detour routed me past a property for sale so appealing that I postponed my planned post in favor of another listing, this time at 2264 Lipscomb, at the edge of Fairmount. Cute it is, with all of the Fairmount charm in spades, but my jaw dropped at the listing price of $499,000. Further investigation, revealed that Lipscomb is a member of a small, but growing club of Fairmount properties priced at or above $500,000. Even a real estate blogger can be caught off guard in the fast moving target of a hot real estate market.
In the 500 club is 2014 Fifth Avenue, under contract and priced at $539,000. David Folsom of the Folsom Team is offering a charming Fairmount bungalow at 1700 Fairmount Avenue for $520,000. Also bumping against the 500 bar is 1626 South Adams Street originally offered for $520,000, now priced at $489,000.
Some of you may be acquainted with 2264 Lipscomb from the 2014 Fairmount Home Tour. Built in 1903 in the Greek Revival style, the front porch is richly embellished with a density of architectural details. Paired columns with unique capitals support a closed pediment and the requisite Fairmount porch. Rhythmically spaced brackets support the soffit and complete the classical effect.
Inside, an eclectic mix of ornament enrich the interior. Standard craftsman features like Queen Anne doors and windows compete with modified classical columns.
Restored hardwood floors and a sophisticated color palette bring the 110-plus-year-old cottage smartly into the 21st Century.
Two living areas flank the front hall. The impression is of light-drenched open spaces with ceilings, which appear to spring to greater height from their moldings.
The large, paneled, pocket doors strike a note of grandeur in the second living area.
For a bungalow, there are many big house features like a full dining room behind space-sensible double hinged, glazed doors.
Another modern convenience is a large, fully renovated, eat-in kitchen. Notice the charming pantry behind a glass door. Another bonus is a home office space.
The four bedrooms are also generously proportioned. The master has rich stained, paneled closet doors. It is served by a roomy, updated modern bath. One bath preserves all of its vintage elements such as claw footed tub, pedestal sink, schoolhouse light, and hex-tiled floor.
A fully finished attic adds an additional chunk of square footage to the main house, and is perfect man cave, media room, or playroom material.
A lease-ready, fully equipped garage apartment adds another 900 square feet of space.
Also unexpected is the four-car garage. The main house comes in at 2,946 square feet and is priced near the $168 per square foot average for Fairmount. Add in the 900-square-foot apartment and the fact that the house sits on two lots and 2264 Lipscomb begins to look like good value.
Billy Mullens of Keller Williams is offering 2264 Lipscomb for $499,000.
Eric Prokesh is an interior designer whose work has appeared on HGTV, and in books and publications including D Home, Southern Accents, House Beautiful, and House and Garden. In January 2005, HG named Eric one of the 50 tastemakers in America and D Home has included him as one of Dallas’ Best Designers for 10 years. Having lived most of his life in Dallas, he now calls Fort Worth home and is one of our experts on beautiful Fort Worth Dirt.