There are only two homes currently for sale at the Ritz Residences in tower one, and they’re both skirting 3,000 square feet. And they both have one-of-a-kind floor plans. And they’re both listed with the same agent – Sharon Quist with Dave Perry-Miller. And one’s on the 18th floor, the other the penthouse 19th. And yes, 51 square feet is (sorta) all that separates them.

Since we’re at the Ritz, let’s start at the top. Unit 1901 clocks in at 2,928 square feet with two bedrooms and two full and one half bathroom. Pretty standard stuff at the Ritz. But how about 12-foot ceilings, and as you can see above, 891 square feet of terrace. And yes, it’s a terrace. You and I have balconies. It’s co-listed with Dave Perry-Miller agents Sharon Quist and Curt Elliott for a straight $3 million.

I think it’s safe to say that in urban living and especially Ritzy urban living, that nearly a grand of terrace space might just be worth the $300,000 more than the other unit, but I’m outdoorsy. So outdoorsy that when I viewed the units with Quist, we decided to sample the amenities of living at the Ritz-Carlton — room service.

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Life in downtown Dallas is vibrant with lots of residential real estate options, from industrial loft to chic and sleek in the sky. So much has changed over the past 10 years! 

In this week’s Splurge vs Steal, we’re looking at downtown Dallas living and two higher-end options. Which one is your favorite?  

 

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An Updated Classic From a Bygone Era on Swiss Avenue Hits the Market | CandysDirt.com

I don’t write a lot about single family homes. So it’s gotta be good when I do.

The word that jumps out about 5105 Swiss Ave. is “original.” For a home built in 1924, that’s an important word. (By the way, I used the evening picture above because of the obvious drama, but it’s winter and the landscaping is asleep. Still, it cuts a pretty stately rug.)

By the numbers, this is a four bedroom home with six full and two half baths rambling across 6,282 square feet. It sits on 0.8 acres, giving it room to breathe and space for most any outdoor frivolities. This house is listed with Sharon Quist from Dave Perry-Miller Real Estate for $1,999,900.  

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The axis of 8181 Douglas’s U-shaped Unit 210

Between explaining the housing crunch (here, here), flooding, new Pink Wall development, Dallas Midtown, and of course the latest in the mayor’s Fair Park friends-with-benefits giveaway, I’ve been on a tear these past few weeks. It’s time to break free with a little party, and unit 210 at 8181 Douglas definitely provides the balloons (you’ll see).

You may recall, 8181 Douglas was part of my recent high-rise buyers guide series. At just 14 units, it’s the tallest and smallest high-rise in Dallas.  If you want a whole floor it’s 7,125 square feet. Otherwise, there are two units per floor that start at a pinch over 2,000 square feet and end up at around 4,472 square feet (Note: there is one ground-floor unit that’s 1,349 square feet).

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Marathon - View 1

There’s nothing seemingly historic about this duplex penthouse on the 13th and 14th floors of Marathon House, a modern-ish high-rise in London (Map). Thankfully for someone who loves big views, modern buildings are not the issue in London that it can be in Paris where old almost always beats new.

For those not familiar with Marylebone (pronounced Marla-bone), it’s just north of Mayfair and borders the 410-acre Regent’s Park. It’s highly residential and lighter on tourists. But as you can see, it’s still quite close to the action. The tall light slightly left is the Shard while slightly right you can see the arc of the London Eye Ferris wheel. Truly, London is at your feet.

This 4,079-square-foot apartment has four bedrooms and four bathrooms. It’s listed with Simon Tollit and Hannah McDougall of Sotheby’s International Realty for £7.950 million ($9.857 million) which works out to $2,417 per square foot.

I say you’re Sherlock’s neighbor because the closest underground station is Baker Street, which, as fans will recall, is the street Mr. Holmes fictionally lived on…number 221B to be exact. It’s also just down the road from Euston Station, the home of Eurostar where Sharon Quist of Dave Perry-Miller and I alighted from a train to see this beauty (Brits don’t “hop off”).

Head over to SecondShelters.com for more.

 

Arc Small 1

Living in Paris is a dream for many people, but a dream financially unattainable.  It may also be that the vagaries of foreign property ownership and the added wrinkle of currency fluctuations are simply not for you.  I mean, while a property may appreciate, if the currency tumbles, appreciation can quickly turn to loss.  For example, in late 2008 the Euro was pushing $1.60. Today it’s nearer $1.05 … essentially erasing a third of its value in nine years.  As recently as the autumn of 2014, the Euro was hovering around $1.40, making for a precipitous loss is a short time … simply from currency. I can tell you that any Parisian market gains in no way offset the currency declines.

You want a second home, not a tax write-off.

Rent.

While I was in Paris last month, I had a perfect confluence of the stars.  CandysDirt.com friend and HGTV hostess Adrian Leeds was on hand to give a sampling of rental units. Also scoping out the market was Dave Perry-Miller agent Sharon Quist who was in town with a friend selling her Paris home.

Head over to SecondShelters.com for more.

mayrath house

Original Geneva cabinets are just one of the Midcentury Modern wonders in the iconic Mayrath house, located at 10707 Lennox Ln. in Northwest Dallas near the Straight Lane estates.

For all of its progress toward becoming a world-class city, Dallas still has a lot to learn about the value of historic architecture.

We are tear-down happy. The list of demolished Dallas buildings with significant historic and architectural value would go on for pages. But here are a few recent examples:

We might have another situation happening now. The Mayrath house at 10707 Lennox Ln. is a Midcentury Modern gem. It was designed by Dallas architect and homebuilder Truett A. Bishop in 1956, and is largely unchanged since then.

Photo: Michael Amonett

Photo: Michael Amonett

A Dallas Times Herald article from Sept. 23, 1957, titled Not a Splinter of Wood Used In Outstanding Home in Dallas, describes the Mayrath House like this:

Wood, the most frequently used material in homes, is completely shunned in the home of one Dallas family. There isn’t so much as a splinter of wood in the home of Mr. and Mrs. Martin Mayrath, 10707 Lennox Lane…Built on columns of steel, the two story house is constructed with aluminum, glass, concrete and Austin stone. It may look like a country club at first glance, but it is a luxury home—one that probably is not equaled in the vast Southwest.

In terms of architectural value, this Northwest Dallas home near Royal Lane and Inwood Road is priceless. But it was listed Jan. 18 by Sharon Quist with Dave Perry-Miller Real Estate for $2.5 million, which is just the lot value.

That means the iconic Mayrath house and all its Midcentury significance is likely to face the wrecking ball, probably replaced by another generic McMansion or faux château.

When discussing this possible fate for the Mayrath house, a friend commented, “That is so Dallas.” But it doesn’t have to be. This home is worth saving.

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One Perfect Room

The Library: One Perfect Room

“Ritz” has been transformed from name to noun by the opulence found in César Ritz and Auguste Escoffier’s Hôtel Ritz on the Place Vendôme since 1898 in Paris. The world has changed as lot since then, but Ritz is still a brand associated with timeless opulence, something we can see today in Penthouse 2200 at Dallas’ Ritz Residences. Neighbor and Realtor Sharon Quist and Kathy Myers of Dave Perry Miller are the agents skilled enough to market this incredible penthouse owned by billionaire Trevor Rees-Jones.

* The word “penthouse” traces its lineage back to the French “apentiz” of the 1520s, meaning to append or hang against. Literally a house that was appended to another structure. The English Middle-English-ized the word to “pentis.” (so 500-years later, together with Freud, I could pull off my double entendre title!)

By now, you know me. When looking around most homes, I tend to see projects. You know, those nagging, “Oh no they di’int” moments. Not this time. In this $8.5-million penthouse, my pickiness has met its match.

The library (pictured above) is one example of how to create a perfect room. Far from the largest room in this 5,666-square-foot home, the library oozes comfort and peace wrapped in killer views of the Dallas skyline with terrace access. Some would say my testosterone is talking. And I suppose with its wood-paneled walls and ceiling, it’s a tad more butch than the “Hers” master bath. However, with an amazing use of lighting, it’s far from the oppressive, dark, Chesterfield-lined smoking-hall that’s such a stereotypical turn-off to the ladies. Add a fridge and a toilet and I’d move in.

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