Dallas City Councilman Lee Kleinman finally sold his Hillcrest Estates home Oct. 28, after two agents and almost three years of marketing and just hours before Elite Auctions was set to auction the home with no reserve.

As so often happens with auctions, a buyer came forward at the last minute and signed on the dotted line.

“Everyone is very happy,” says Elite Auctions Marketing Director Alicia Chmielewski. “This was a pre-auction offer, which means the auction actually never took place. When we take on a property to sell, we won’t take it unless we feel we can get a reasonable price for the sellers.”

And they did. The final sales price was … (more…)

If you’re looking to get into Preston Hollow in style, make plans Friday for the final preview of 6507 Lakehurst Drive, up for no-reserve auction Saturday by Elite Auctions.

The 7,990-square-foot home has four bedrooms, four full baths and three half-baths, plus this dramatic barrel-vaulted ceiling living area with magnificent built-ins, fireplace, and four sets of French doors to the 38-foot long covered loggia and veranda.

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French-inspired stone manor

This is the perfect custom home with all the designer touches you would have built yourself if you had a huge corner lot in Preston Hollow and no expenses spared. The 7,990-square-foot home at 6507 Lakehurst Drive, which has four bedrooms, four full baths, and three half-baths, is up for an unbelievable no-reserve auction on July 20 by Elite Auctions.

OPEN HOUSE PREVIEW | Takes place from 1-4 p.m., June 29-30 and continue each Saturday and Sunday until the auction day. The no-reserve auction will take place at 11 a.m. Saturday, July 20, with final preview on Friday, July 19 1-4 p.m. Visit EliteAuctions.com/6507-lakehurst-dallas for pre-registration instructions and more photos.

Alicia Chmielewski, Elite Auctions Market Director tells us architect Don Caperton designed this magnificent French-inspired stone manor near Preston Hollow Elementary at Hillcrest and Walnut Hill for the sellers’ entertaining needs, so this home has seen several fabulous parties for holidays and events, as well as family gatherings through the years. (more…)

Twelve thousand square feet is calling your name! This five-bedroom, five full-bath, and three half-bath Colleyville home at 7212 John McCain Road will be auctioned Feb. 23 by Elite Auctions.

Yes, it’s really on John McCain Road, named for the late American senator and hero.

OPEN HOUSE PREVIEW | Takes place from 1-4 p.m., Feb. 10 and Feb. 17. The no-reserve auction will take place at 11 a.m. Saturday, Feb. 23, with final preview on Friday, Feb. 22. Visit EliteAuctions.com/7212-John-McCain-Rd for pre-registration instructions and driving directions.

The asking price is just under $3 million. Located near Grapevine Highway 26 and Pleasant Run Road, this grand estate has a private gated entry that opens to its large circular drive. On the 2.76-acre property, you have a sprawling home, huge office space, and lovely outdoor living to enjoy the mature Pecan trees and its own private fountain pond stocked for fishing.

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This six-bedroom, five full-bath, and three half-bath Colleyville home that’ll be auctioned Dec. 15 by Elite Auctions really is the perfect mix of stately living and a comfortable abode. The 12,000-square-foot home at 7212 John McCain Road, located near Grapevine Highway 26 and Pleasant Run Road, has a private gated entry that opens to its large circular drive. On the 2.76-acre property, you’ll find many native trees including Pecan trees and its own private fountain pond stocked for fishing.

OPEN HOUSE PREVIEW | Takes place from 1-4 p.m., Dec. 8-9. The no-reserve auction will take place at 11 a.m. Saturday, Dec. 15, with final preview on Friday, Dec. 14. Visit EliteAuctions.com/7212-John-McCain-Rd for pre-registration instructions and driving directions.

“The homeowners created spaces that are great for entertaining, people interacting, and spending time together in the home,” says Terri DiChito of Elite Auctions.

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Enjoy the ambiance of the stately, one-of-a-kind custom home of Texas Rangers Hall of Fame inductee and All-Star Michael Young for our next CandysDirt.com Staff Party.

Dramatic touches like a sweeping staircase, hand-scraped hardwood floors, and beamed ceilings create a warm and luxurious space with Old World appeal in 7,715 square feet at 3508 Bryn Mawr Dr. in University Park. 

Created by Emerson Residential in 2006, this house has five bedrooms, seven full bathrooms, one half bath, a designer kitchen, expansive master suite, and lovely outdoor area with a covered patio and fireplace.

“This University Park neighborhood is just a short commute to downtown Dallas and in the attendance zone for Highland Park ISD, a major draw for many,” said Alicia Chmielewski, Elite Auctions Market Director, Southwest. “An open floorplan and luxe amenities make this home appealing for the discerning buyer.”

This property will be placed for auction on Saturday, Sept. 1 (more on that below). Join us for the CandysDirt.com Staff Party from 1-4 p.m. on Sunday, Aug. 19, with refreshments provided. You can RSVP to Joanna England: jo@candysdirt.com. In the meantime, let’s take a look.

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In the big cities of America, houses worth $1 million or more make up over 4 percent of all properties, a share that has gone up 3.8 times since 2002, according to Trulia. So if you’re selling, how do you stand out and get noticed by the right buyers? 

Luxury home auctions are the choice for more and more sellers — they’re quick, competitive, and add a sense of urgency to the sale. They also help establish fair value for a hard-to-price asset, like a highly customized luxury home. 

Case in point: Former Texas Rangers’ first baseman Mark Teixeira is selling his fabulous mansion, pictured above, in Westlake’s Vaquero community through Elite Auctions at a no-reserve event on May 12. The home has been on and off the market for years with no luck; choosing an auction now is the smart move, says Elite Auctions President and Founder Randy Haddaway.

“High-end houses with big wow factor are perfect candidates for luxury home auctions, like Teixeira’s extraordinary one-acre waterfront lot in Vaquero,” Haddaway said. “These auctions bring with them concentrated periods of marketing that get a lot of people paying attention to the property during that time and the sale will happen at a definite time.”

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