wright

Click on above image to see whole story.

We have a treat for you this Memorial Day that will not only give you something to remember, it will change the way you live every Memorial Day for years to come. Next year, you will thank me for telling you all about this gemstone of a home that will be auctioned off June 12 by Heritage Auctions with NO RESERVE.

That is correct, no reserve. How memorable is that! Also, this auction is ON LINE only, so interested parties need to SIGN UP.

Previously listed at $900,000, the home is on a spectacular peninsula on Joe Pool Lake! That means sweeping lake views from nearly every room, and there are a lot of rooms: the homes boasts four entertainment areas, five bedrooms, seven baths, two laundry rooms (which you will definitely find handy with all the boating), an exercise room, formals, great entertainment areas inside and out including lush landscaping around two exterior patios, plus solid construction for a total of 6,476 square feet.

The home is in Lake Ridge, a beautiful, hilly, high-end community located in Cedar Hill, just 25 miles southeast of downtown Dallas. The development has five parks, baseball, soccer and football fields and a pond stocked with bass. Listen to the falling water from the infinity pool in your own backyard and enjoy the fire pit on chilly nights. You are close enough to Dallas to get in for business, far enough away to get away from the maddening crowd and noise.

Out here at Joe Pool Lake, all you will hear is nature. And waterfalls.

(more…)

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 Indiana limestone by Maurice Fatio, and significantly restored by Mr. and Mrs. Hicks, who acquired the estate in the late 1990s and spent about 16 years and close to $100 million on the near-perfect expansion and remodel.  

Dallas-based banker, financier, investor, businessman, and professional poker player Andy Beal bought the estate almost a year ago from Hicks. The location: primo Preston Hollow. George and Laura Bush are nearby. The address is almost as long as the driveway: 10000 Hollow Way Road.

The auction takes place Dec. 20, with Dec. 19 as a preview day. Allie Beth Allman, who has had the property since March of 2015 when it was listed for $100 million, is the listing agent. It was the owner, she told me, who decided to bring out the auction gavel.

There is no reserve. That means, there is no baseline bid required to begin, such as at, oh, let’s say $20 million.

(more…)

Today is the day! Heritage Auctions will be auctioning unit 17B at Dallas’ first residential high-rise, 3525 Turtle Creek, at 2 p.m. It’s the Meyer-designed building with the concrete lattice (brise soleil) next to Vendome. Since 1957, it’s been holding court on Turtle Creek and this year marks its 60th anniversary. After a recent tear of renovation projects and the famous Turtle Room about to reopen from a top-to-bottom restoration, the building has its groove back.

Jon Anderson went into great detail about this particular unit earlier this month. It’s a fantastic opportunity for the renovation-minded buyer who wants an enormous high-rise perch for a very good price. 

(more…)

On November 15, Heritage Auctions will be auctioning unit 17B at Dallas’ first residential high-rise, 3525 Turtle Creek.  It’s the Meyer-designed building with the concrete lattice (brise soleil) next to Vendome.  Since 1957, it’s been holding court on Turtle Creek and this year marks its 60th anniversary. After a recent tear of renovation projects and the famous Turtle Room about to reopen from a top-to-bottom restoration, the building has its groove back.

Of course there’s a story behind 17B, so whip up a hot cocoa and tuck yourself in …

(more…)

3420 Ranchero aerial

Let me tell you why Tuesday’s auction of 3420 Ranchero in the honeypot of Plano is so very important: dirt. This area is the estate haven of Plano, equivalent to the honeypot of Old Preston Hollow in Dallas, or Hunters Glen in Highland Park. And the property can be had for less than its Collin County appraisal!

In the early 1970’s, as the town of Plano, Texas was just opening its sleepy eyes, James Muns and Don Dilmore developed Ranchero Country Estates. There were to be 19 properties on two meandering country roads, Ranchero and Rambling Way. On Ranchero, the property plots measured from 2 to 4.62 acres, and five properties were carved out on Rambling Road, all measuring from 1.92 to 2.33 acres.

The area is literally in the heart of Plano, off Parker Road, between the Tollway and Preston. The lots are gigantic, wooded, with tanks and ponds and natural surroundings that lure you into believing you are in the country, especially at night. For his own home, Muns chose a 4.62 acre parcel with the very, very best view of the sparkling pond.

3420 Ranchero kitchen (more…)

1 - Main Aerial

This enormous, luxurious estate at 3420 Ranchero Road will hit the block with Heritage Auctions on March 14, but read below if you want an exclusive tour tomorrow!

We all know about Ranchero Road up in Plano, one of the toniest addresses you can have.

The area is literally in the heart of Plano, off Parker Road, between the Tollway and Preston. The lots are gigantic, wooded, with tanks and ponds and natural surroundings that lure you into believing you are in the country, especially at night. Shhhhhhh.

(more…)

3908 Euclid ext

Property previews begin Friday through Monday, 1 to 5 p.m.

When Dallas architect Joe McCall starts talking about 3908 Euclid, you can see the proud papa gleam in his eyes. It was almost 26 years ago that he met Dana Nearburg and her husband, Charlie, with the commission to improve their family home on Lindenwood Avenue off Abbott. Dana was an architect by training and trade; Charlie was an engineer who had majored in art at Dartmouth College. Any other architect might have thrown in the T-square rather than work with two such precise and detailed homeowners, who soon decided NOT to build on their existing homestead, but step it up a bit by buying a lot on Euclid.

And then the real challenge began!

“We had three challenges, actually” says Joe. “First of all, the lot was 70 by 225, well-sized, but the trees were smack dab in the center of the lot. Great trees, too.”

And the Nearburgs wanted to save every one. Not only did you have a lot with trees in the prime building footprint, you had a deep neighborhood setback: 61 feet. Unfathomable.

Add to that the homeowner’s desire for two separate garages, one of which would be a car collector’s dream garage with spray paint bay and full auto shop, with all the bells and whistles.

A tough assignment, but when the design challenge gets tough, Joe McCall just gets going. He also got to work with one of the best builders in town, Randy Clowdus, Randy Clowdus Construction Company. Randy also did significant work on the $39 million estate of John and Debbie Tolleson, where the George W. Bush library was conceived, in Volk Estates.

“I’ll never forget the first time I met Randy, ” says Joe. “He was in the living room with a plumb bob. He was making sure the studs were perfectly straight before the sheetrock and dry wall. Any studs that were not perfectly aligned were shaved or shimmed.”

Thus begins the opus of 3908 Euclid, which goes to auction next week with Heritage Auction Luxury Real Estate. Which was the scene of a lovely party benefitting Jubilee Park in Fair Park last week, as potential buyers kicked the tires of the imaginary collectible cars that could be housed in the incredibly tricked-out garage.

3908 Euclid is not like any other home that has been to auction in Dallas. Frankly, it has no flaws. The home was timelessly built to the most exacting standards by the owners, architect and builder, high tier overachievers all. Though the brick appears to be NorthPark brick, it is not, but matches the color exactly. The home has an undisclosed but easily attainable reserve, because it has to. (Listing price is $6,400,000.) Come Tuesday, December 13, a savvy buyer is going to get the deal of the century.

On the market with veteran Dave Perry-Miller agent Martha Tiner and her daughter, McKamy,  The owners now simply wish to move on. With homes of this calibre being “soft” in the current market, residual effect of the calendar and election, they want to cut as wide a marketing swath as possible to ensure their dream home is passed to the perfect buyer and next lineage of proud ownership.

Let me ask you this: is there any home in Dallas with a waterproof mailbox?

3908 Euclid stone wall (more…)