As Homes Hit a Record High in May, Here are Dallas’ 3 Most Expensive Listings
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Home prices hit a record high in May, and in an effort to leave behind the doom and gloom of rising prices and interest rates, we thought we’d take a look at a little house porn, reviewing the most lavish, expensive listings in Dallas.
Topping the list of the most expensive local homes is a palatial estate on Walnut Hill Lane that probably has more garages than your house has bedrooms. Even if it’s out of your price range, you’re going to want to peek inside.
In a report released last month, the National Association of Realtors noted that the mortgage payment for a typical home today is more than double what it was five years ago, a jump attributed to higher prices and higher interest rates that have raised mortgage rates.
“Home sales refuse to recover,” said Lawrence Yun, chief economist at the NAR. “I thought we would see a recovery this spring. We are not seeing it.”
The news is depressing, but lift your spirits with a look at these multimillion-dollar gems.
1. 5619 Walnut Hill Lane
Once known as the single most expensive home in the U.S., the 10-bedroom, 13-bath estate at 5619 Walnut Hill sits on a 12-acre lot. The house itself is more than 27,000 square feet.
The home features 14-foot ceilings on the first and second floors, a 3,000-square-foot guest house, and a 4,800-square-foot recreational complex with a theater. The fully-equipped gym includes cryotherapy and a steam room. There’s also a media room, a safe room, and multiple wine rooms accessible by elevator. Need to relax? Hop in the sensory-deprivation float tank.
A 3,000-square-foot primary suite features his-and-hers bath suites and an outdoor terrace.
As if that wasn’t enough, this home has a lighted heliport, greenhouse, gardens, tennis court, country club-sized pool, waterfall, and a year-round creek.
Realtor Michelene Galbraith with Allie Beth Allman & Associates is listing 5619 Walnut Hill Lane for $47 million.
2. 10777 Strait Lane
Known as “The Dallas White House,” 10777 Strait Lane is the No. 2 most expensive local listing.
From the listing:
“Stately elegance abounds at this 3.3-acre estate on prestigious Strait Lane featuring a Palladian Neoclassical home designed by Robbie Fusch. French limestone, imported marble, and hardwood floors reach soaring 14 ceilings on both floors via Venetian plaster walls. Imported antique fireplaces, fixtures, and exotic materials adorn every room.
A bar with a burled walnut coffered ceiling is adjacent to a vaulted brick wine cellar. Groin vaulted ceilings and a gothic hearth complete the kitchen and breakfast room. Upstairs, a movie theater inspired by a Parisian opera house includes a bar and seating for 22. A master suite fit for royalty includes two fireplaces, a sitting room, his-and-hers baths, a sauna, and a steam shower.
This one-of-a-kind property includes formal gardens designed by Harold Leidner which fall away to casual naturalistic spaces and a two-level pool. Additional features include luxurious guest suites, a tennis court, an exercise room, water features, a putting green, and sculpture gardens.”
Realtor Joshua Songer with Allie Beth Allman & Associates is listing 10777 Strait Lane for $40 million.
3. 3509 Euclid Ave.
The third most expensive local home is a Mediterranean masterpiece at 3509 Euclid Ave. in Highland Park. Listed at $27.9 million, the 16,000-square-foot home was crafted by renowned John Sebastian, Fusch Architects, and Harold Leidner.
The Euclid palace boasts Venetian plaster walls and extraordinary amenities such as a wine grotto, home theater, state-of-the-art gym with dry sauna and massage room, spacious 10-car garage, and a three-story elevator. Step outside to the alluring backyard oasis, complete with a captivating pool, romantic fireplace, and lush gardens.
“Recently reimagined with a California-chic vibe, 3509 Euclid effortlessly blends timeless elegance with a tantalizing modern allure; presenting a rare opportunity to own a piece of architectural excellence in the heart of Dallas,” the listing states.
Realtor Jonathan Rosen with Compass RE Texas LLC-Park Cities is listing 3509 Euclid Ave., Highland Park, for $27.9 million.
