The 7,154-square-foot Hillcrest Estates home of Dallas City Councilman Lee Kleinman and his wife, Dr. Lisa Umholtz, is still slated for auction this Saturday, September 28, 11:00 a.m. with no minimum reserve price at 11322 East Ricks Circle, Dallas, with Elite Auctions.

The final preview is scheduled for Friday (this afternoon) from 1-4pm, and registration begins bright and early Saturday morning at 9:00am.

Elite Auctions is the luxury home auction company whose signs you may be seeing more frequently around DFW. Elite successfully auctioned off the Vaquero properties of Vanessa Swarovski, then later Mark Texeira, and the Highland Park home of Michael Young, among many others.

But Saturday, it’s all about North Dallas and a pristine enclave that some call Preston Hollow, which is really more Preston Royal, the official neighborhood name being Hillcrest Estates. Comprised of about 90 minimum one-acre home spreads, a few select homes along East and West Ricks Circle, Wander Lane and Belmead, actually boast larger than acre lots.

The Kleinman home is one of them. And a week ago, I learned that the home’s unique contemporary design actually inspired the Kleinman’s daughter to a career in architecture.

 

Built in 1993 by AIA Fellow Gregory S. Ibanez, the five-bedroom, six-full, two-half-bathroom home was also a fixture on the Raymond Nasher Tour of Homes back in 1996, as well as the Northaven Tour of Homes. The home was first listed with Kyle Rovinsky of Coldwell Banker Residential Real Estate for $4,567,890, then lowered to $3.95 million.

Ultimately the home’s price came down to $3.795, first with Rovinsky, then with Allie Beth Allman and Christine McKenny. The home is now listed by Cliff Freeman of eXp Realty.

Though it is being sold without reserve, the asking price is $3.5 million.

“The asking price is a good guide for what it would take to buy this house, prior to auction,” says Elite Marketing Director Alicia Chmielewski.

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In just two weeks, one of the most coveted European-inspired estates in Westlake will hit the auction block. And it could be yours if the price is right. The no-reserve auction will take place Tuesday, June 25, through Thursday, June 27, and features a one-of-a-kind custom home you have to see to believe. Which is precisely why we went straight to the source, owner and longtime Westlake Mayor, Laura Wheat, for the scoop.

Pictured left to right, owners of 2006 Navasota Cove, Laura and Doug Wheat.

“There is nothing else like 2006 Navasota Cove,” says Wheat. “It is a blend of European luxury and modern amenities on 1.25-acres, with mature trees, flowing fountains, and a resort style pool and gardens, designed by Elizabeth Smidt of Great Gardens. The grounds are truly magical. Once inside, guests find themselves in the soaring wood paneled rotunda that has taken many a breath away.”

European Luxury On 1.25 Acres

And there is more than meets the eye in every room. Architect Richard Drummond Davis is responsible for the design, alongside Dallas builder, Paul Kramer, for construction.

“Although we were the first owners, we did not have any input on the original project,” adds Wheat. “Over the years, we have developed a great working relationship with Anne-Michelle Cooley and Joanie Cooley of Cooley and Cooley Interior Design. We have a rule that all four of us have to agree on the direction we’re taking. It’s a rule that has served us well!”

In addition to its idyllic locale and magazine-quality interiors, the home affords ample space for hosting elegant affairs, from intimate parties and social gatherings to large weddings and corporate events. And as indicated by the property brochure, “the majestic wood-paneled rotunda at 2006 Navasota Cove is perfect for cocktails and is a sophisticated backdrop for formal galas.”

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Concierge

Southlake

From staff reports

If your home is your castle, this nearly 20,000-square-foot mansion in Southlake, with its turrets and stained glass, takes that up a notch — and it will be up for auction this month.

The home at 3716 North White Chapel Boulevard sits on nearly two acres, and has eight bedrooms, eight full bathrooms, and four powder rooms. It includes an elevator, in-home theater, workshop, and a garage with space for 15 cars.

 

A chef’s kitchen, wet bar, and large common spaces provide plenty of room for entertaining, and outdoors, a grotto-style pool and hot tub provide the fun and frolic, while the covered and open lounge areas and outdoor kitchen provide the opportunities for cooling down and dining al fresco. (more…)

Do you love horses? If you have ever dreamed of owning a first class horse ranch, we have a deal for you right up in North Texas horse country. This loaded plantation-style equestrian estate at 7621 Sierra Lane in Pilot Point, complete with equestrian facilities and private Lake Ray Roberts access, is up for a “no reserve auction” January 25 by Concierge Auctions in cooperation with Alison Howell of Compass Real Estate. So you get a beautiful plantation-style mansion with six bedrooms, five full baths, four half baths, a long circular drive, a Kentucky-style horse barn, private pasture, holding and riding pens, access to trails, water views, resort pool, deck plus fire and water features. The property is adjacent to a greenbelt so you can ride away, hair flying in the wind.

The no-reserve auction of this property will begin at 4 p.m. on January 22 and close January 25. Open Houses are held daily from 1-4 p.m. and by appointment.

The 20,437-square-foot estate, near Ray Roberts State Park, was previously listed for $5.95 million. Someone is going to STEAL this home. The sprawling estate boasts a circular drive, porte-cochère, and wraparound front patios on both floors. (more…)

Come March, a unique East Texas property will be available via auction, which is quickly becoming the best way to pick up big, beautiful real estate. The iconic Timber Creek Ranch in Winnsboro is up for auction, and CandysDirt.com is hosting a pre-auction preview and barbecue there this Saturday, February 24, from 11 a.m. to 2 p.m. It may be your only chance to see 428 acres of pure heaven.

I know we say this all the time, but this truly is one of the finest ranches in Texas. And one of the few with full lake access.

“Timber Creek Ranch ranks among the finest working and recreational ranches in Texas, and its lake frontage is especially unique,” says Kyle Crews, Executive Vice President of Allie Beth Allman & Associates.

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Mansion? It's a castle

I’d say 10,000 feet of living on 2 acres would constitute a lovely mansion! (photos: Concierge Auctions)

What constitutes a house being called a “mansion?”

There isn’t an exact definition, but according to our friends in the web, a mansion is a large home over 8,000 square feet that has features that you wouldn’t find in your typical home.  Features such as a large foyer entrance, marble floors, a wide staircase with designer railings.  But what about the number of TVs?

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Dallas developer Mehrdad Moayedi today purchased Dallas’ biggest and most expensive home, the former Thomas O. Hicks estate on Walnut Hill Lane, that Dallas billionaire Andy Beal bought in January of last year and decided to sell almost as soon as the ink was dry on the contract.

The estate was at one point the most expensive home in the U.S. It was listed, at one time, for $135 million with Douglas Newby, but was not in MLS. Allie Beth Allman got the listing in March of 2015 and has had it ever since with a listing price of $100 million. The asking price was lowered to $48.9 million earlier this year.

Concierge Auctions was called in last month to liquidate the property without reserve. The home was advertised everywhere, on every continent. Eight people registered to bid on the estate, but Mehrdad got the winning bid, working from his home in Aspen.

There was huge speculation on how much the estate would sell for.

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