The $24 million estate of Lisa Baron and her late husband, Fred Baron, has sold. But not to worry: another signature estate has come to market just this week!. Though the acreage is less than the Baron estate and the home much older — circa 1939 — this one was owned by the late Charles Wyly and his wife, Dee, and was also a huge gathering spot for Dallas movers and shakers in the social world, just maybe on the Republican side. 

The estate, at 5906 DeLoache, sits on more than 2.536 acres acres and holds an elegant, stately 11,394 square foot home, a guesthouse, and a five car garage. Asking price is $8.25 million. The home was listed with Allie Beth Allman & Associates’s Mark Storer on August 24.

The house has four bedrooms, all en suite, two master suites, five full baths, three half baths and five living spaces. There are three fireplaces, which strikes me as odd, only three. But there is a commercial-scale kitchen, a solarium, a huge glass-enclosed garden conservatory where Dee hosted her many parties (if those walls could talk!) outdoor pool and indoor lap pool in the pool house (see below) and a tennis court. There is also a lovely guest house. 

And I think I spy Gracie wallpaper in the dining room.

The house is owned by Dee Wyly, Charles’s widow. Charles Wyly died in a tragic car accident in Aspen in 2011.

And yes, it’s “those Wyly’s”: among the most philanthropic families in town.The same Wyly’s whose names are on the Dee and Charles Wyly Theatre in downtown Dallas’ Arts District — the building is named after the family. They donated $20 million to seed the project.

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6615 Glendora

An “O” House is a home so fabulous you have to drop whatever you are doing (yeah, even that) or holding, including your nail file, to look!

I have often said that the best person to buy a house from is a doctor. Why? They are compulsive, take care of systems to the th degree, and are highly intelligent. Most of the most complex and detailed homes I have seen belonged to physicians. So if they have designed or built a home, watch out, it’s usually loaded. And it is usually very eco-minded, too, like, say, having a charging station in the garage for the electric car. Or a back-up generator for the entire home in case of a storm.

You know, in case you have to do surgery!

6615 Glendora belongs to not just one but TWO doctors, one an M.D., one a Ph. D. It offers one of the roomiest homes in Preston Hollow (6,217 square feet) with a large backyard, saltwater swimming pool, immaculate Koi pond loaded with healthy fish, 14-foot ceilings, hand-scraped quartersawn hardwood floors, a private outdoor terrace with a fountain, and a wine closet off the sparkling clean, looks-like-it’s-never-been-used kitchen.

In fact, the entire house is as clean as an operating room. Looks like it has been a show home, not a private family residence for 18 years. The home has been painted, primped, and updated and priced exceedingly well — at DCAD value! Built by the late, great Oscar Ponder, and Don Capertone was the designer.

6615 Glendora door

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GetMedia-1Class, taste and style. That’s the only way to accurately describe this home. So often in Dallas real estate, you’ll find a great deal of money poured into a house does not result in coming close to any of those descriptive words. This classic English country cottage in Preston Hollow’s Sunnybrook estates fits perfectly into all of those categories. In fact the 4.9 acre estate, with two putting greens, is a hole in one. Why are there two putting greens, you ask? (more…)

St-Michaels-Master-Plan-2

In researching the latest doings at Preston Center, I also delved into the zoning maps handily provided by the Task Force. They show that St. Michael’s parking lot on Frederick Square is currently zoned straight MF-1(A) which limits height to 36 feet (three stories). However, the other end of that block contains 8100 Lomo Alto and it’s part of Tract 2 of the Preston Center PD 314. And that’s where it starts to get interesting …

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From the exterior, 6047 Woodland looks like an elegant, Beverly Hills-style stucco Mediterranean of smooth beige with cream accents. The yard is beautifully manicured with an an occasional palm. Typical Preston Hollow manse, right? Yawn.

But walk inside, and that’s where the “typical Preston Hollow home” look ends. Right out the door it goes. The home is alive with open spaces, a million hidden details, secret doggie doors, and more refrigerators than Imelda Marcos had shoes or Donald Trump has toupees. (more…)

Iris Hollow

The living room of the Iris Hollow model home, built by Sharif & Munir Uncustomary Custom Homes. All photos: Danny Piassick 

Luxury homebuilder Mickey Munir is no stranger to the Preston Hollow area—he’s been building remarkable houses there and all over Dallas for 35 years.

As founder and CEO of Sharif & Munir Uncustomary Custom Homes, Munir is spearheading another development in the area, Iris Hollow. The eight houses in Iris Hollow, which start at $2.35 million and range in size from 5,300 to 6,200 square feet, are built on land with a Texas-sized story and are perfectly suited to one of Munir’s fastest-growing buyers: the empty-nester.

The 3.5-acre estate at Hillcrest and Forest lanes belonged to Charles Elmer Doolin (and later his widow), a legendary Texas businessman and the inventor of the Frito corn chip and Cheeto.

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The spec house at 6115 Desco Dr. will look similar to this. Photo courtesy Shoot2Sell.

The spec house at 6115 Desco Dr. will look similar to this, also built by LRO Residential Development.

Spec homes are a sign of strong builder and bank confidence in a market, as they are created without any specific buyer in mind, just the belief that one will be interested once it is completed. The higher the price tag, the higher the stakes.

In our inventory-parched market, homebuilder Les Owens, President of LRO Residential Development, has that confidence in the Dallas market, even at multi-million-dollar levels. He’s starting two spec houses this month, one in Preston Hollow for $3.15 million, and another in Devonshire for $2.2 million.

Both houses are available for customization, but Owens is breaking ground now and says he will complete them in late summer/early fall this year.

As we reported earlier this month, luxury home sales in Dallas-Fort Worth skyrocketed in 2014—those with prices of $1 million and up grew 15 percent year-over-year, the second highest sales volume in Texas (bested only by Houston).

Luxury home sales in DFW represented 1.2 percent of the market, and top-performing luxury brands are seeing more multi million-dollar sales in areas that have strong resale value and high existing demand.

“Established neighborhoods and homes of significance in coveted areas such as Highland Park, Preston Hollow, Greenway Parks, and The Volk Estates are desperately pursued, and the quality of the design continues to be a driving factor,” said Caroline Summers, a Briggs Freeman Sotheby’s agent. Jump to read about the houses and see photos!

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You can get a bird's-eye view of the posh homes in Dallas' 75220 Zip Code, AKA Preston Hollow, and find out who lives there, too.

You can get a bird’s-eye view of the posh homes in Dallas’ 75220 Zip Code, AKA Preston Hollow, and find out who lives there, too.

Can I say that I was a little disappointed that Dallas’s wealthiest neighborhoods — Highland Park and Preston Hollow — ranked only 164th and 444th, respectively, in Forbes’ survey of the richest Zip codes in America?  Preston Hollow didn’t even break into the top 5 priciest Zip Codes in Texas, for crying out loud.

Preston Hollow's 75220  didn't even rank in Texas' top 5 priciest Zip Codes.

Preston Hollow’s 75220 didn’t even rank in Texas’ top 5 priciest Zip Codes.

 

Of course, that tiny sliver of overpriced dirt called “Manhattan” ranked first.

Whatevs.

Still, the dirt in Preston Hollow houses some of the most amazing homes on U.S. soil. And now you can gawk at all the pretty mansions in 75220 and find out how their owners made them dollars, all from the comfort of your favorite device, thanks to MansionMap.

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