10045 Surrey Oaks is one of those dream locations in Preston Hollow where you are buying about the most blue chip land available. This is like buying IBM stock in 1985 or Apple in 1998. You are getting 1.5 acres on a cul-de-sac off Walnut Hill Lane and Inwood and it will always be coveted by the rich and famous. I mean, who knows, maybe Rick Perry WILL make it to the White House, after all. (And monkeys will fly…) Then he’ll come back and want to live on his own cul-de-sac (not too close to George and Laura Bush, of course) and you will sell him this lovely home, at a profit. Rick Perry will HEAL the housing market. He’ll create more jobs, he’ll nix Dodd-Frank and he’ll…

Just think what a wonderful buyer Rick would be: if he had three objections to the contract, he’d only recall two!

I digress: this home has walls of glass for beautiful views of the magnificent wooded lot and unique terrain. There is an open floor plan, with 14′ ceilings in formal rooms, stunning two-sided fireplace with stainless steel surround, a wall of built-ins, complete with wet bar, and easy access/view to the decked out granite and stainless loaded kitchen. All opens to a large deck with incredible views and space for elaborate entertaining.

The master suite has great views and a sumptuous bath with separate dressing areas and huge closets. Bedrooms on the lower level have that cute jack-and-jill bathroom deal, plus a den and adjoining office.

Built in 1998, the home is spacious but not overtly huge — 4304 square feet. In fact, the owners must have forseen a future thirst for homes of this size as buyers are increasingly eschewing the mega mega mansions. It has great wall space for a great art collections, though the windows rather frame the natural art outside. You get three bedrooms, two and a half baths, two living areas, library study and a 2 car garage. The price is $2,295,000 and give the size of the lot and the location, I think , not bad. Not bad at all. Listed with Molly Malone at Dave Perry-Miller & Associates.

This darling 1950’s ranch is west of Hillcrest, on the chi chi side, at 6832 Northwood. Buy this for way less than $300K — it’s listed as a foreclosure at $279,000. Then go brag on how you live on the very same street George and Laura Bush lived on the LAST time they lived in Dallas at 6029 Northwood, appraised by DCAD at about $625,000. That’s the home where they raised the twins and lived until he became governor of Texas.

6832 Northwood is 1584 square feet, built in 1950 with three bedrooms, two baths, open floor plan, a hefty 83 by 131 foot wide lot, cute updated bathrooms, utility room, one fireplace, and a charming backyard deck. Two car detached garage. Gonna be honest, I am not impressed with the kitchen but whenever I don’t like a room that only makes it easier for me to tear it out, start all over. I’d also get a decent vanity in at least one bath — pedestal sinks just don’t offer enought storage. Otherwise, this is a superior location and great buy in an area that will appreciate once the market comes back.

Former Bush home on Northwood

Regina Montoya and Paul Coggins are apparently taking a lesson from George and Laura Bush: just because the kids are grown, doesn’t mean you need a teeny tiny house. Oh, and come on over to Preston Hollow, the water’s just fine.

You remember Regina Montoya and Paul Coggins? Paul was a former U.S. Attorney for the Northern District of Texas. He is now chairing the white-collar practice, securities litigation, and corporate governance at¬† Locke Lord Bissell & Liddell LLP. Formerly, Paul was a partner at Fish & Richardson. Regina, his lovely wife, is a Senior Vice President and General Counsel at Children’s Medical Center Dallas where she watches over several major departments, including legal affairs, governance, governmental relations/advocacy, and community relations. A former award-winning television commentator, Montoya is a Harvard-trained attorney and one of the first Latinas to earn partnership in a major law firm in the United States. Not only is she working on a book about the importance of incorporating Latinas into the economic, political, and social fabric of America, she and her husband have been busy building a new home on Lobello Drive in Dallas. I promise pictures and details soon.

Hmm. Wonder if one or both of this power couple has more political aspirations?

Last month, the Montoyas/Coggins sold their East Dallas home at 3302 Oakhurst Street for $699,000. The home had been listed for a high of $899,500 back in May of 2009 by Regina’s brother, realtor Andrew Montoya of The Drew Company. That listing was canceled, a new file went up, and the home was listed for $799,000, then $749,000. Closed February 28.

Oakhurst, which had been built in 1977, was on a .72 acre private creek lot, a one-story home with pool and spa. It had been extensively remodeled, and taken down to the studs. Walls of windows looked out over the verdant lot with creek views. The 3451 square foot home featured three bedrooms, two and a half baths, living area with mosaic fireplace and reading loft, a  Zen solarium with wall fountain. The master bath and suite were huge, spacious and created of stone.

So now Regina and Paul are on to a whole new chapter in their life: an 11,424 square foot home as empty nesters. I can hardly wait!

Beautiful backyard on Oakhurst!