Second Shelters
Looking to find a little estate in the Loire Valley but your spouse wears a “France Sucks” tee? You can have 25 acres that resemble the French countryside and a 48,000 square foot estate so perfect you may never wish to leave. The 25 acre estate of Thomas O. and Cinda Hicks on Walnut Hill Lane and Hollow Way Road in Preston Hollow just hit the non-MLS market for a whopping $135 million. For more photos and all the scoop, check out the site of Douglas Newby, who is the agent.
And it may actually now be the most expensive home listed in the entire United States!
Comparison shopping. I’m checking with my friends at Realtor.com, but looking over this list from last April of 2012 compiled by the good folks at Forbes.com, and I mean really good folks because Morgan Brennan gave me lots of link love last week, it looks like that $135 million price tag for the Hicks-Crespi Estate is…
Read MoreCindy and Howard Rachofsky are about the most art-zealous people you can find in Dallas. They literally live art, now perhaps more than ever. Howard built the Rachofsky House on 8605 Preston Road in 1996 just north of Northwest Highway, the home being a complete collection of art from the lawn to the architecture by renown architect Richard Meier.
The Rachofsky House is the private home and contemporary art collection of Cindy and Howard Rachofsky. The house aims to offer a unique experience with contemporary art and architecture through Richard Meier’s building, the rotating installations inside and the outdoor sculptural works, most of which are site-specific.
Howard is a lawyer and former Wall Street hedge fund tyke. In 1986, Financial World magazine called him one of the 100 highest-paid people on Wall Street, even though he was working from a Dallas office. A lot of the money he made was invested in art, contemporary art, as well as philanthropy, which he then loaded and displayed into the Preston Road estate which he unveiled like a canvass in 1996. For a year, Howard lived there — the home has only one or two bedrooms. Then he married Cindy and they enlisted Lionel Morrison — The Art House, One Arts Plaza, ____ Northaven — to build a family home for them at 5911 Glendora in Preston Hollow east of Preston, about a mile from 8605 Preston. Glendora was built in 1997.
And just yesterday, Claire Dewar, one of Briggs Freeman’s tip-top agents, listed 5611 Glendora. Asking $2,695,000.
Read MoreThat’s the Casa Bella condo of former New Orleans mayor Ray Nagin in Frisco — north of Lebanon Parkway, built by D.R. Horton, which he once referred to as a “modest second hurricane home”. He and his wife bought the home May 31, 2007 when it was valued at $181,968, saying they had family in…
Read MoreSteve Brown reported this week that I am going to be spending a lot more time down on Knox-Henderson. Why? Because United Commercial Realty confirmed Tuesday that specialty grocer Trader Joe’s, the world of Two Buck Chuck, is actually going to finish out a store on Cole Avenue just south of Knox Street. This confirms what I have heard for months, that the 13,433 square foot Knox Street Trader Joe’s will replace some older buildings just north of Ed Kellums along Cole Avenue.
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