Renowned Builder’s Rare New Masterpiece Graces the Market in University Park
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You may think you have seen it all in the Park Cities. However, a new home in University Park is taking luxury and glamour in the area to the next level. Destined for someone with a fashionable eye, the exceptional abode just hit the market and is sure to make your jaw drop.
Pearl Developments, a renowned builder who sparingly creates residences, is behind this 7,300-square-foot beauty filled with dreamy finishes. The high-end, detail-oriented firm purposefully takes on very few projects so they can meticulously focus on every element to deliver one-of-a-kind properties of the highest design caliber and quality.
At 3220 Colgate Avenue especially, the builder’s goal was to construct a striking residence that he would want to call home himself. Needless to say, no expense was spared. Crafted uniquely from the ground up, the 2024-built gem has a Pier and Beam foundation—a technique many builders have strayed from due to its higher expense. But, that’s just the start of what makes this haven so extraordinary.
Just imagine inviting your loved ones over for a fun-filled birthday party or elegant weekend brunch. They’ll stroll up the modern walkway, take in the manicured landscaping, and arrive at your sophisticated limestone and glass facade with double front doors in awe.

As you lead them inside, the home’s designer finishes may instantly catch their eye since the formal living room and dining room flank the chic foyer. Gorgeous white oak flooring, brass accents, mesmerizing light fixtures, and bold fireplaces all captivate and make you want to see more. To give friends a closer look, you can stop into the living room for a moment and offer them drinks from the suave connecting wet bar.

Continuing to the back of the house, the bright family room and magazine-worthy chef’s kitchen with floor-to-ceiling walls of glass is the undoubted heart of the home. There, guests can laugh and mingle around the soapstone kitchen island or easily step through the huge glass doors to unwind on your covered patio. With motorized retractable screens, a grill station, and heaters all in place, it’s an extended living space everyone will love to use year-round.


There are two more levels to explore upstairs, holding all five bedrooms and many more delicious design details. Your primary suite, of course, is the most luxurious spot with its own coffee bar, custom walk-in closets, and spa-like bathroom sanctuary for you to retreat to. There’s also a game room, media room, and second wet bar higher in the home, so splashy entertaining isn’t just reserved for the first floor. An elevator-ready closet to all three floors even awaits if mobility or multigenerational living are front-of-mind.
The cherry on top? This radiant new build is located on a coveted block and sits just around the corner from Boone Elementary. You can easily pick up your kids from school by foot or simply relish long walks amidst the picturesque Park Cities scenery.
If you’re interested, contact Susan Baldwin of Allie Beth Allman & Associates at 214-763-1591 to set up a tour before this rare University Park offering flies off the market.