As we wrote about last year, the intersection of Preston and Northwest Highway is one of the highest-profile in all of North Dallas (and probably one of the highest-valued, too).

It’s not just the current real estate prices of Preston Hollow that give this area its prestige—the intersection has a fascinating history.

The northeast quadrant has a wavy, pink brick wall, and to live “behind the pink wall” was an address with serious social cachet in midcentury Dallas (legend has it Ebby Halliday herself coined the phrase).

The pink wall was built in 1954 by developer Hal Anderson in front of his first apartments; he later built the high-rise Athena and Preston Tower apartments next door. Parts of the wall might be a bit faded now, but to live here in the 1950s or 1960s was to have arrived. (You’ll likely get raised eyebrows if you talk about the real estate “behind the pink wall” to a young person, but older folks will remember the phrase well.)

Today’s Tuesday Two Hundred takes us one block north to 6126 Averill Way #208W, located in the Imperial House Condominiums, built around the same time, 1964, by Sid and Ada Lynn, with George Dahl as architect. These charming French-style condos have a fanciful, throwback feel, with a grand, circular staircase, domed ceiling, and retro metalwork in the entryway. Can’t you picture Betty Draper from Mad Men gliding down the stairs in kitten heels on her way to cocktail hour?

6126 Averill

Unit 208W is located on the second floor (there is an elevator in the building, as well as those stairs), a two-bedroom, three-bathroom condo with a roomy 2,134 square feet. It is newly listed by Peter Livingston at Realty One Group Partners for $239,000, or $112 a square foot.

Unit 208W has plenty to offer a buyer, but parts of it are a bit dated need freshening. A similar size, but renovated, unit in Imperial House sold last November for $345,000, or $139 a square foot. If that sale tells you anything, it’s that you could make the upgrades on this unit and see a return on your investment. Jump to read more and see photos!

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I drove through Rockbrook Estates last week and was reminded of how wonderful it is: beautiful lawns, leaft trees, shade and a nice hum of relaxation. I know this is where Daryl and Diane Johnston built right down the street, the Schlegels are not too far away, and life is generally perfect in this neck of the woods. So when I saw Missy Woehr’s new listing at 4209 Woodfin, I was all over it.It’s a huge new home, 7059 square feet on a 2/3rds acre corner lot with — get this — a 550 square foot quarters for guests, returning college kids, or parents. I was at a high school party this weekend and heard that everyone’s kids are coming home from college and staying put with mom and dad. Oh well, at least you don’t have to car pool them.) This home was built in 2006, designed by Robin Riddle with architecture by Mark Barry. There are six bedrooms, five and a half baths, three totally knocked out living areas, a workout room, five car garage, pation, lush landscaping, and so much interior/exterior stone you’ll think you’re in a quarry. Oh yes, cannot forget the Ludowici Clay roof! What I love is the soft French decor touches, not that heavy, drama-esque, “Old World” feel that I think, personally, belongs right back in the Old World or Dark Ages. Yecht. Give me light, give me bright, give me clean lines and this home has it all. Asking $2,799,000 but hey, it’s a beautiful Monday morning and we can all dream, can’t we?