4025 Bowser Front

Caroline Summers strikes again! This dynamic Briggs Freeman Sotheby’s International Realtor has another great listing, and this time it’s in the super-hot SoHIP neighborhood (South of Highland Park, for the uninitiated).

This gorgeous semi-detached home has a beautiful modern facade and an even better location. It’s right in the honey pot of Uptown, north of Lemmon and west of Oak Lawn, and it has creative, open interiors with tons of texture. It has a rooftop deck, too. This luxurious urban property is definitely worthy of our High Caliber Home of the Week award.

And Caroline Summers is a Realtor who will work tirelessly to market her clients properties, too. This award-winning agent just received the Charles P. Freeman Spirit in the Sky award, as well as entrance into the Briggs Freeman Millennium club with more than $20 million in sales for 2014. Yes, Summers is driven and creative, which reminds us an awful lot of Lisa Peters at Caliber Home Loans. If you want a mortgage professional that will help you sail through closing, don’t take any chances and call Lisa Peters today.

Jump to find out more about this chic home!

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The spec house at 6115 Desco Dr. will look similar to this. Photo courtesy Shoot2Sell.

The spec house at 6115 Desco Dr. will look similar to this, also built by LRO Residential Development.

Spec homes are a sign of strong builder and bank confidence in a market, as they are created without any specific buyer in mind, just the belief that one will be interested once it is completed. The higher the price tag, the higher the stakes.

In our inventory-parched market, homebuilder Les Owens, President of LRO Residential Development, has that confidence in the Dallas market, even at multi-million-dollar levels. He’s starting two spec houses this month, one in Preston Hollow for $3.15 million, and another in Devonshire for $2.2 million.

Both houses are available for customization, but Owens is breaking ground now and says he will complete them in late summer/early fall this year.

As we reported earlier this month, luxury home sales in Dallas-Fort Worth skyrocketed in 2014—those with prices of $1 million and up grew 15 percent year-over-year, the second highest sales volume in Texas (bested only by Houston).

Luxury home sales in DFW represented 1.2 percent of the market, and top-performing luxury brands are seeing more multi million-dollar sales in areas that have strong resale value and high existing demand.

“Established neighborhoods and homes of significance in coveted areas such as Highland Park, Preston Hollow, Greenway Parks, and The Volk Estates are desperately pursued, and the quality of the design continues to be a driving factor,” said Caroline Summers, a Briggs Freeman Sotheby’s agent. Jump to read about the houses and see photos!

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4326 Lorraine

Caroline Summers, the Briggs Freeman Sotheby’s agent who sold 4326 Lorraine, says that well-designed luxury homes in high-profile areas are seeing heightened demand.

Luxury home sales with prices of $1 million and up posted huge growth in 2014 according to the latest Texas Luxury Home Sales Report from the Texas Association of Realtors. In Dallas-Fort Worth, the sales volume of luxury homes was second highest in the state and grew 15 percent year-over-year. Dallas was a runner up to Houston, which had the highest volume of luxury home sales as well as the highest luxury home price growth.

The overall inventory of luxury homes in Dallas-Fort Worth shrank by 1.2 months in 2014, a trend that was seen across the market in North Texas, and luxury home sales represented only 1.2 percent of the market. Compare that to Houston, in which luxury home sales represented 2 percent of the market and were up 13 percent year-over-year.

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Emily Summers Arch Digest

Need more proof that the apple doesn’t fall far from the tree? Then you’ll appreciate this lovely write-up of legendary Dallas interior designer Emily Summers in Architectural Digest.

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Does this face look familiar? It’s Caroline Summers, who works closely with Ellen Terry and who may very well end up selling some of the Museum Tower residences her mother, Emily Summers, will design. She’s already got a Greenway Parks listing, which we posted a few weeks ago, under contract.

This post is a little late today because of all the broker news going on which delayed the House Porn! In honor of the merger of Ellen Terry Realtors  and Dave Perry-Miller & Associates, I fell in love with a fabulous listing by Caroline Summers. Caroline was Ellen’s client when Ellen sold a gorgeous, sleek home Caroline built and designed in my ‘hood at 6400 Northaven. Now she works for her! And good taste runs in Caroline’s genes: her mother is designer extraordinaire Emily Summers, who is a member of the AD (as in Architectural Digest) 100.

5362 Wenonah is a cool and sophisticated California soft contemporary, plopped on one of  Greenway’s leafiest 110 by 145 deep lots backing to the greenbelt. I have always coveted living on a Greenway Parks greenbelt. In fact, I wish we could clone Greenway. This home, like most over there, was built in 1948 but all 4296 square feet have been carefully, tastefully updated. Glass entry doors lead you to the dining room, pool and the greenbelt beyond. A light-filled gallery with multiple sets of doors showcases the sparkling pool, a wisteria-covered outdoor living area,  custom designed limestone fireplace. The sleek living room has a stone fireplace, shelving and dark-stained hardwoods. Master is down, with vaulted ceilings and high windows. Then there is the master bath retreat: Oh. My. God! Cabinets, half the Hill Country’s limestone, soaking tub, double walk-in shower and spacious walk-in closets. The kitchen  — who cares? I’ll never leave that bathroom. Well, there IS a kitchen for you to walk into when not in the tub. Stainless steel appliances,  granite countertops, great center island, and breakfast room overlooking the pool. Three oversized bedrooms upstairs, two tastefully updated baths: the house has four bedrooms total and three and a half baths. Pool and patio area have scored concrete, great landcsaped yard, privacy courtesy ofl lush savannah hollies provide privacy.

This house is kind of AC/DC: it can be sleekly modern, or throw in the most traditional furniture (thinking Ann Schooler) you can find and everything works, ‘Course. I’d just negotiate with the sellers for as many of those existing furnishings as you can. Save them a movig van! Throw in a Duxiana, and you’ve got a deal! Asking $1,749,000.