Dallas Luxury Real Estate: Oilman Trevor Rees-Jones Sheds Volk Estates Estate

Kathy Myers and Lacy Schultz recently sold the Volk Estates residence of Trevor and Jan Rees-Jones

From Staff Reports

Update, 6:00 pm: Yes, we know this is the beautiful home of Trevor and Jan Rees-Jones, who have amassed a swath of properties, more like a compound, really,  in Highland Park not too far from this listing. They also sold their penthouse at the Ritz. We are working on getting you the vitals, like selling price (hint hint: the home is valued in DCAD at $13,500,000) and the buyers. Cheers!

If 2017 seemed to be a “wait-and-see” year for luxury buyers in the $10 million-and-up range, 2018 is proving to be an “all-in” year. Case in point: Last week’s off-market sale of 6700 Turtle Creek Boulevard.

Kathy Myers and Lacy Schultz of Dave Perry-Miller Real Estate were the listing agents for this impeccable 1.7-acre Volk Estates property that had been on the market for $15.9 million, and sold for an undisclosed amount.

The 12,458-square-foot, creekside English Tudor Revival home was built in 1996 by renowned local architect Paul Turney. It is crafted entirely of limestone imported from Bath, England, and was assembled on-site by English craftsmen.

“Luxury market buyers,” says Myers, “want an inviting and comfortable home that provides privacy and security, but they also want a serene setting. 6700 Turtle Creek offered all of that.”

“Homes in this price range perform differently,” says Schultz. “Currently there are 12 homes on the market in the $10-to-$25-million range in the Park Cities and Preston Hollow vicinity that have been on the market for a while. Two of these 12 homes have just gone under contract – incidentally, both with Dave Perry-Miller Real Estate agents. I think this is indicative of an active spring market for estate properties.”

And that is exactly what we hear. Most of the homes selling, however, are off-market or NOT in MLS so all we can say is, stay tuned!