Crespi Estate
When the Walnut Place Estate — the former Crespi Estate — sold at auction last year, it went for a record $36.2 million, and to a familiar buyer — Dallas developer Mehrdad Moayedi. Word came this week that Moayedi has finished up some renovations, and has put it back on the market for a cool $38.5 million. The Dallas Business…
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…
Note: This article has been updated with information obtained after first publication. Concierge Auctions will be auctioning off a Dallas landmark property, the former Crespi Estate now known as Walnut Place, as it was christened by its previous owner, Tom Hicks. The 1938-era, 29,000 square foot estate was commissioned by Count Pio Crespi, built of…
The real estate world is be buzzing with news about the sale of Walnut Place (aka the Crespi Estate) for somewhere in the ballpark of $100 million this week. But in the It’s My Mansion occasional feature on CandysDirt, we look at newsworthy properties that have fewer zeros on the end of the list price. Take, for example, the newly…
We’ve been blogging about it for weeks now, and I have to give credit where credit is due: Steve Brown at The Dallas Morning News was first to publish that Andy Beal was interested in buying Walnut Place, the former Crespi Estate on Walnut Hill Lane that was listed by Allie Beth Allman and David…
