On September 27, when the Penson house at 3756 Armstrong Parkway sold at auction, a handsome gentleman with white hair was the buyer. He walked out of the house that day smiling broadly with his agent, Allie Beth Allman.
He was Lute Riley of the Honda car dealership fame. As we told you, he paid $4.95 million, including the buyer’s 10% premium, for a home that had almost a Camelot presence in Dallas. Built for Jack and Nancy Penson in 1954, it is one of architect O’Neil Ford’s largest residential projects, and was designed in one of his favorite styles, Texas Regionalism. The exterior and interior of the 9,800-square-foot home remains very close to the original design with the exception of a second story addition, a massive, indulgent master bath expansion, and enclosure of a rear porch.
The home remains an architectural icon that has been named by Preservation Dallas as one of the major Dallas buildings in danger of destruction.
Sadly, a permit has been pulled to demolish the home.