If the railroads vital to the Crespi family’s cotton trade had run through Waco and not Dallas, Pio and Florence Crespi might have hired Maurice Fatio to build their estate there, instead of Walnut Hill Lane in Dallas.
And nobody would be agog today at the news that the Crespi estate, which has changed hands several times in the past couple decades, had sold to another prominent Dallas family this week. Both the Realtor — Allie Beth Allman — and the most recent owner, Mehrdad Moayedi, signed non-disclosure agreements and can’t give details. A sales price is unknown, but the estate’s last list price was $38.5 million.
This historic Colonial has witnessed a lot of love since it was built in 1916. A lot of starry-eyed couples exchanged wedding vows in the living room. Why?
It was owned, for many years, by the Reverend William Anderson, pastor of the First Presbyterian Church. Back in the early 1900s, it was not at all unusual for a pastor to get that late-night knock on the door. A fervent young couple was seeking to marry. Young men shipping off to serve their country and romantics that could not wait, nor bear the cost of a wedding, were typical examples of those seeking a quick marriage. This was not just the stuff of movies. Couples pledged their troth in the living rooms of pastors all over the country. This classic home at 3503 Crescent Avenue was where many people began their journey as Mr. and Mrs.
Can you just imagine the sheer joy that has resonated through the walls of this historic Colonial home? That alone would seal the deal for me.
LRK’s McKenzie: 22-story, 183-units ranging from 998 to 2,699 square feet
Don’t know about you, but I am doing a big huge about face when it comes to renting.
First of all, tax changes. Second of all, tax changes: we pay more in property taxes, and cannot deduct them or most of the mortgage interest, so why, at a certain point in your lives when you have built all the equity you can, are you KILLING yourself keeping up a house?
One honest answer is that, even with 3,500 apartments under construction in Dallas, I had never seen a Dallas apartment where I might want to live.
Until I saw The McKenzie.
The granite in most “luxury” apartments is so thin a good sneeze might crack it. There is never enough storage. The bathrooms are cramped, the closets have minimal shelving, and the “common” areas never look like you could really hunker down with a book and a decent glass of wine.
Until I saw The McKenzie.
The amenities in this building are overwhelming and, dare I say, almost better than home. My home anyhow. I don’t have 24/7 valet and concierge service, I’d love it.
The McKenzie is the baby of StreetLight Residential’s Doug Chesnut, founding partner. He was an early believer in bringing true luxury leasing to Dallas, and the McKenzie, named after his wife’s family, is his crowning glory:
“These residents are not concerned about rent but about the quality of the units and the services. Our average renter is coming out of a large home, in their late 50s and 60s, and many have second homes or ranches where they spend a lot of time. They want the amenities, but on a lock and leave basis.”
And rent is not so much of an issue starting at $3,500 a month. For many people, that is their property tax payment. Residents still get access to a pool deck with views of downtown, a full fitness center, multiple private lounges, a library, entertaining kitchen, a private resident entertaining area/bar, and several outdoor seating areas. There is even a boardroom and private walled garden. John Hawkins of Hawkins Welwood Homes finished out the stunning amenity areas, and John built half of the resident’s homes in Preston Hollow. So everyone tells me they feel right at home.
But seeing is believing. We want to show you the interiors, the Board room, the Salon, the Founders Room, the entertainment kitchen, the pool deck and outdoor garden and all…
It’s the buzz around the Dallas real estate community, and units are 63 percent sold. This 22-story high-rise is one of the most coveted properties in the city, and I’ll tell you why…
The Residences at the Stoneleigh combine a rare real estate opportunity with superior service, luxury amenities, and an incredible location to nail the “desirability” angle. They’ve got it all.
But don’t take my word for it — listen to John and Jessica East, who moved into the Residences at the Stoneleigh in January 2015, building out a shell. They say the hotel/spa experience living there was a top attraction.
“What I love about the Residences at the Stoneleigh is all the wonderful amenities we have here,” said Jessica. “You’ve got a beautiful pool on the third floor that overlooks the city — it’s very relaxing — you’ve got a gym with everything you need and nothing you don’t, as well as a health club with dry and wet sauna. You’ve also got wonderful staff that treat you like you’re the only resident that lives here.”
Important to note: This is one of very few buildings in Dallas where homeowners can buy a shell unit and customize it to be whatever they want, creating their “space in the sky” with spectacular views from rooms and balconies. Floorplans range from 2,400 to 4,200 square feet, available also as finished units, and some balconies are as large as 240 square feet.
Gracious, upscale living has a new address in the heart of Dallas, with easy access to the Katy Trail, the Arts District, high-end shopping, and some of the city’s finest restaurants.
Live above it all at the Residences at the Stoneleigh with dramatic views of downtown, a lush greenbelt, sunrises, and sunsets from your balcony at 2300 Wolf St. The 22-story building is nestled between historic Turtle Creek and the energy of Uptown and offers a rare opportunity to totally customize a luxury high-rise unit.
Floorplans range from 2,400 square feet to over 4,200 square feet of shell space — buyers can even combine units to create a home up to 15,000 square feet.
“It’s the perfect way to have total control over the design/build process and each shell will be hand-crafted by one Dallas’ finest homebuilders, TriArc Construction and Sharif & Munir,” said Stoneleigh Sales and Marketing Manger Donna Smith. “We’ve already sold over 60 percent of available units to buyers who understand what a one-of-a-kind property this is in Dallas.”
Also available: turn-key, designer-finished homes with all of the details already in place in one of four floorplans. Buyers can work with their preferred interior designer or a recommended designer to select the perfect furnishings, too. Move-in ready homes mean the Residences at the Stoneleigh lifestyle can become a reality all the sooner.
Now, I can’t go any further without mentioning the fabulous amenities! Jump to read all about them.
I know we say this all the time, but this truly is one of the finest ranches in Texas. And one of the few with full lake access.
“Timber Creek Ranch ranks among the finest working and recreational ranches in Texas, and its lake frontage is especially unique,” says Kyle Crews, Executive Vice President of Allie Beth Allman & Associates.
Kyle Crews and the Allie Beth Urban Team with Allie Beth Allman right in the middle
Today I drove a Rolls Royce. Not only was it OMG big (like 20 feet long), but it rode so very unexpectedly smooth (I expected smooth, but it’s shockingly smooth). The new Phantom VIII was on display, and quite at home, at the Stoneleigh Residences in concert with the Allie Beth Urban team who’re taking over shell space sales. And you know me, I love to redesign a shell.
After my recent journeys through Southern Dallas, the city’s Market Value Analysis for affordable housing, and Housing First programs for the homeless, firing up the Phantom’s 563 horsepower, V-12 engine provided for some serious mental whiplash (the Phantom is far too polite to have caused physical whiplash).
2707 State Street, home of Patricia and Curtis Meadows
I’m about to give you the dirt on this State Thomas treasure. You’ll be waiting to hear how it was built around the turn of the century, updated in the mid fifties and then eighties, right? The State Thomas neighborhood contains the largest collection of Victorian-era homes remaining in Dallas. Known as Freedman’s Town, it was created immediately after Emancipation (as in the Civil War) as a separate settlement adjacent to the town of Dallas — adjacent, but not in it. By the close of Reconstruction in 1874, Freedman’s Town was incorporated into Dallas, bustling with about 500 citizens.
The area is rich with history in a town where you really have to turn up stones to find it. In 1986, State Thomas was established as a Special Purpose District, making it an urban peripheral of downtown Dallas. It was christened Uptown. The area would soon become one of the most bustling urban success stories in the country, loaded with downsizing baby boomers and energetic millennials coming in as fast as they could.
In 1986, not one of their peers was nearby. In fact, they were still opening garage doors in the Park Cities, Preston Hollow and North Dallas. But State Thomas was exactly where Curtis and Patricia Meadows wanted to settle for their retirement. (more…)