It’s one of the most beautiful lots in Highland Park, and the home upon it was a critically acclaimed Midcentury Modern masterpiece.
Keyword: Was. However, it may very well be again.
On September 27, 2016, the famed Penson house at 3756 Armstrong Parkway sold at auction for a cool $4.95 million. People at the auction spotted a handsome gentleman with white hair. He was Lute Riley of the Honda car dealership fame and he was the buyer. Lute walked out of the house that day smiling broadly, his agent by his side, Allie Beth Allman.
Lute Riley bought a home that had almost a Camelot-like presence in Dallas. I thought of the Penson home, in fact, when I was visiting my daughter’s alma mater, The Hockaday School, Saturday. The home at 3756 Armstrong Parkway was built for Jack and Nancy Penson in 1954 and remained one of architect O’Neil Ford’s largest residential projects. The home was designed in one of his favorite styles, Texas Regionalism. The 9,800-square-foot home survived very close to the original design with the exception of a second story addition, a massive, indulgent master bath expansion (ONYX!), and enclosure of a rear porch.
The home was 62 years old when it was razed on December 13, 2016. The lot was placed on the market almost immediately for $5.950,000.
It had been named by Preservation Dallas as one of the major Dallas buildings in danger of destruction. And the lot sat for more than two years.
After the first couple of years, Riley proclaimed his desire to sell it by hook or by crook. “MOTIVATED SELLER,” wrote his agent, Allie Beth Allman, in all caps, to whom the Penson home was the gift that kept on giving sales opportunity.
Wonderful building opportunity a gorgeous 0.83 acre lot in Highland Park. Cleared lot situated high on a hill with incredible views of Lakeside Park and Turtle Creek.
Public Driving Directions:SE corner of Armstrong and St. Johns Drive
Well, talk about burying a lead: The property was purchased on March 29, 2019, by…