A Preston Hollow Treasure Built for a Dallas Legend Lists for the First Time in 40 Years

Architecture lovers and avid hosts take note: A rare piece of Dallas history — designed and built in 1973 as the personal residence of legendary developer Hal Anderson — has hit the market. Available to buy for the first time since 1985, the indulgent home unfolding across one level holds voluminous spaces, unexpected finishes, and verdant green views that make it feel like you’re in a world of your own.

Anderson, who was the “it” Dallas developer of the 1950s and 1960s, built the Athena and Preston Tower high rises as well as a famous pink wall that became a defining characteristic of the city’s 20th-century real estate landscape. Back then, to say you lived in the area “behind the pink wall” signaled prestige and status. Many still remember and use the term fondly today as well.

However, hardly anyone can tout that they have lived in this glamorous Preston Hollow gem Anderson once called home. That’s a rare badge of honor that the current sellers have held for 40 years, and now you can next. 

Set on an ultra-private cul-de-sac with all one-acre lots, the 6,880-square-foot stunner welcomes you with towering trees, a long circle drive, and an imposing porte cochère. Can’t you just imagine James Bond-style sports cars arriving here suavely in the 1970s for parties? 

Stepping through the double front doors, it becomes especially clear Anderson’s home was always meant for dreamy entertaining. After all, the developer was known for building single-level homes with unusually grand spaces — nothing like the low-ceiling ranches that often come to mind from the midcentury architectural era. 

You’re welcomed straight into the bright and expansive great room, where an exquisite, floor-to-ceiling marble fireplace makes a dramatic and stylish first impression along with a curving wall of windows. Nothing about this space is bashful and it’s just waiting for you to fill it with lively memories to match. 

Just picture hosting all your friends for jazzy cocktail parties during the holidays or gathering with your kids and grandkids for cozy game nights by the crackling fire. In the summer, of course, you can step right outside to your backyard oasis to enjoy coffee with loved ones on the sprawling covered patio or peaceful moments in the pool, savoring the surrounding gardens. 

Cared for and updated impeccably by its longtime owners, 5045 Lakehill Court has also been enhanced for modern living without stripping its original, exuberant flair. Current interior trends can feel blank and uninspired at times, but you could never feel that way here. 

This home encourages you to live boldly with its daring design elements, whether you’re serving up drinks in the fashionable wet bar, hosting a Thanksgiving feast in the mirrored dining room, or waking up in the luxuriant primary suite with dual closets, dual bathrooms, and a swanky sunken bathtub. Beautifully livable as well, there are five bedrooms in total to utilize, no matter what chapter of life you’re in. 

In a world of design and architecture that can play it safe too often, Hal Anderson’s show-stopping former home is a reminder of the joy to be found in unique, artistic properties. To learn more about this once-in-a-lifetime opportunity and tour the home, contact listing agent Susan Baldwin of Allie Beth Allman & Associates at 214-763-1591.

Allie Beth Allman agent Susan Baldwin has 5045 Lakehill Court listed for $4.7 million.