Chanel ClosetWell, this is kind of rude. 

The Texas megamansion that has been redefining “gauche” since 2002—took another tortuous turn this week, when the troubled home hit the market less than two years after being sold at auction.

You know how I feel about homes: there is something about them to love, each one of them, no matter how homely. And there is a LOT to love about Champ d’Or, obviously, like 48,000 square feet! Yeah, it was sold at auction two years ago and yeah, it’s on the tax rolls for $9.72 million. Now where did that number come from? Hmmmmmm. Still, the real estate world has changed A LOT since 2012 and Dallas home prices are higher now than they were in the recession. We have re-gained our footing and more.

I don’t know what all this Curbed secrecy stuff is –“…from an undisclosed buyer with “international ties”, whatever that means.”

I told you what it meant. Gosh, does anyone READ anymore?

Pierre Hotel penthouse
Penthouse at the Hotel Pierre? I’ll take the Champ!

I don’t know, I think $125 million for a penthouse at the top three floors of the Pierre Hotel is pretty tacky. (Last December they lowered the asking by $30 million.) In Beverly Hills, there’s  Fleur de Lys, a 45,000-square-foot house modeled after Versailles.  Ira Rennert, some industrialist, built a house in the Hamptons, that at 66,395 square feet is one of the largest residences in the U.S. and how can we forget the 90,000 square foot Queen of Versailles, which I hear is back in finish-out mode. All these make our Champ look like a bargain!

How much do YOU think Champ will sell for, this time?

 

Chanel ClosetWell, this is kind of rude. 

The Texas megamansion that has been redefining “gauche” since 2002—took another tortuous turn this week, when the troubled home hit the market less than two years after being sold at auction.

You know how I feel about homes: there is something about them to love, each one of them, no matter how homely. And there is a LOT to love about Champ d’Or, obviously, like 48,000 square feet! Yeah, it was sold at auction two years ago and yeah, it’s on the tax rolls for $9.72 million. Now where did that number come from? Hmmmmmm. Still, the real estate world has changed A LOT since 2012 and Dallas home prices are higher now than they were in the recession. We have re-gained our footing and more.

I don’t know what all this Curbed secrecy stuff is –“…from an undisclosed buyer with “international ties”, whatever that means.”

I told you what it meant. Gosh, does anyone READ anymore?

Pierre Hotel penthouse
Penthouse at the Hotel Pierre? I’ll take the Champ!

I don’t know, I think $125 million for a penthouse at the top three floors of the Pierre Hotel is pretty tacky. (Last December they lowered the asking by $30 million.) In Beverly Hills, there’s  Fleur de Lys, a 45,000-square-foot house modeled after Versailles.  Ira Rennert, some industrialist, built a house in the Hamptons, that at 66,395 square feet is one of the largest residences in the U.S. and how can we forget the 90,000 square foot Queen of Versailles, which I hear is back in finish-out mode. All these make our Champ look like a bargain!

How much do YOU think Champ will sell for, this time?

 

dez-bryant-meltdownWe are pretty sure it had something to do with real estate. Tony, as you know, is building a spectacular house in Glen Abbey. I am hearing it will push 12,000 32,000 square feet. Maybe he’s trying to sell his Cottonwood Valley home in Irving to Dez, who lives in DeSoto. Maybe Dez was telling him to follow in the path of former quarterback Troy Aikman, who has made some very sound real estate decisions, who in fact has made a bundle in real estate.

SAMSUNGDez Bryant’s mother’s house tony-romo-house11Tony’s place in Irving

“Glen Abbey my a*&%! You need to be the the Bubble,” maybe Dez was saying while he was jetting around.

But maybe Romo quipped back with, no way. We like the security of Glen Abbey — no rubbernecking drivers on my hiney like they are on Troy’s all day long.

Well, you know, Dez might have said, I don’t like your home being bigger than mine. I’m going to buy Michael Jordan’s place, it’s up for auction up there in Chicagoland,  7.39 landscaped acres just north of The Windy, 56,000 square feet of living space, with 9 bedrooms, 15 full bathrooms and, as one might expect from this basketball superstar stud, a regulation-size, NBA-quality basketball court – all surrounded by a living fence of 150 mature evergreens. He had it on the market for $29 million. Didn’t sell, auctioning it all now with no reserve but some starting bids.

Then Dez might have reminded Tony of yet another home hitting the market, that of former NBA guard Michael Finley, who played for the Mavs until 2005, and was once considered among the most gifted scorers during his peak, from 1995 to 2010.Michael Finley shirt Michael Finley tee shirts Finley made more than $138 million during his playing career, I read, but not pulling that much coin these days. He left the Mavericks for the San Antonio Spurs. In fact, Finley just had an estate sale at a Dallas home on Walnut Hill Lane like two weeks ago. He sold off baby shoes, jumpers, stuffed animals, furniture by Dallas designer Joanie Wyll, and signed jerseys. He also signed and sold his Fooz ball game, Coke machine, NBA Arcade game, Air Jordan shoes and his desk drawer! Just the drawer? What about the rest of the desk?

2430 Victory Park HOTWBoy, Don Carter must be building something pretty amazing over there at the Stoneleigh Residences, cannot wait to see it! We told you first that he sold his mega house on University, that is, 4000 University Avenue in University Park. All 8100 square feet, this back in July. (I still have a crush on the master bedroom in this house. Who bought 4000 University for $3.9? Looks like a Sherry and Richard Wright, who I believe started a direct-sales company called Advocare.) Then Mr. Carter put a whopper of a W unit on the market with Rogers Healy’s Steve Rigley, almost 4,000 square feet and a very special two-story corner unit, which also sold and is now back on the market with it’s new owner for a mere $2.5.2430 Victory Park Lane 2209 LR

2408 Victory 2209 kitchen far 2430 Victory Park 2209 KitchenSo now what’s left? This sweet pup on the 22nd floor listed for only $725,000.

Here’s the deal: our market is heating up, and builders are telling me land prices are starting to tip even 2006 values. All this uplifting has floated the condo market up, too. According to a recent story in the Wall Street Journal, for sale signs are popping up in big markets from San Francisco to South Florida, “all at a steady pace as the improving housing market creates an opening for landlords to sell off rental housing. That hot market also is spurring new construction of condo buildings.”

New condos here in Dallas? There have been rumors. As the WSJ points out, condos aren’t likely to perform as strongly as they did in the boom years, and mortgage-lending standards are tougher for condos. Many buyers pay cash and some buy for investment, leasing out the units. Usually developers need to sell out a certain percentage of units in a building before banks can make Fannie Mae or Freddie Mac loans on a property. But the population is increasing, much of it urban-oriented, and Dallas has a dearth of housing options. Units from the last boom cycle have been absorbed, many due to non-U.S. buyers. This unit, for example, would make a great second home Dallas pad for someone from Plano to Poland.

2430 Victory Park 2209 patio 2408 Victory Park 2209 master 2409 Victory park 2209 master bath 2430 Victory 2209 bathroom view 22409 Victory Park ext patio 2209Here’s what you get: 1884 square feet with rich, dark wood floors, two bedrooms, two baths, great kitchen and terraces a la W style, all in the end unit condo at the W North Tower. There is a wall of windows with views of downtown, Uptown, American Airlines Center,Victory Plaza and west facing the Margaret Hunt Hill bridge. The open kitchen has Sub Zero, Miele gas cook top, a Bosch dishwasher, Miele ovens and great storage, plus cabinets by Varenna and Poliform. This plus the usual W Whatever service for less than a million? I’d run, not walk, over to Inwood Mortgage’s website and get on the financing shtick now. Like, NOW.2340-Victory-Park-Lane.jpg 27PHOh the possibilities: this is Don’s old unit on the 27th floor!

2340 Victory Park LaneUPDATE: I hate how slow DCAD is. Thank God for my sources. So Don Carter sold this unit to a real estate investor who lives in the W, Pierre Jean, closing 9/26. JP paid $1.2 because Carter basically said to him, take it, get rid of it. But of course it’s been updated and decked out to the nines, and there are not many of these multi-level units left. Former Cowboys player Kenneth Hamlin has the same unit on floor 23.

First he unloaded his huge house in University Park. Now the man who basically birthed and nurtured the Dallas Mavericks into the sixth most valuable basketball team in the U.S. is selling sold his to-die-for North West Tower W condo of many levels. This is a giant custom unit, just shy of 4,000 square feet with two bedrooms, three full baths and one half as powder room on the 27th floor. 2340 Victory Park Lane hall 2430 Victory Park Lane den 2430 Victory Park Lane kit#2704 2430 Victory Park dining 2430 Victory Park bfastAs an end unit, you get fantastic premium panoramic views of Dallas from floor to ceiling windows and never have to worry about drapes, even in the bathtub! (If you do, though, there are electric shades at the push of a button.) There are limestone floors, sleek marble counters, two terraces and a master suite the size of California with more than ample closet space.DonCARTER2-articleLarge

Photo by Donna McWilliam/Associated Press

The kitchen is long, open and central, with a large island, gas cook top, Sub Zero and double ovens. Cook yourself up a storm, bring in Kent Rathburn, or call down for the W’s still strong, always dependable Whatever Whenever service. Don Carter has bought up a penthouse at the Stoneleigh Residences, which he is finishing out when he and wife Linda Jo are not sailing on their 41 foot power boat in the Gulf. He also owns another W unit in this building on the 22nd floor that is only 1700 square feet.2430 Victory Park master bath1 2430 Victory master bath 2 2340 Victory Park Lane hall 2340 Victory Park Lane 2430 Victory Park master 2430 Victory park guest 2430 Victory Park balcony

It’s just enough space to hang out before and after a game, which Carter seldom misses in his signature cowboy hat. He retains a 4% ownership in the Mavericks team, Mark Cuban is majority owner. This unit is listed with Rogers Healy’s Steve Rigley at $2,500,000.

I love how this is totally unlike his home on University. It’s really a steal! Well, maybe…

7425 KenshireRenovated ranch in JanMar: almost half acre lot with 105 feet of frontage, heavily treed, on cul de sac with open floor plan, updates. 3,092 square feet with 4 bedrooms and 3 full baths & 2 half baths in the main house, quarters with a full bath, pool house cabana with bath, kitchenette area, and change room. $674,900. Listed with Mary Harbor, Prudential Fine Properties, 214.662.3636.

7425 KenshireRenovated ranch in JanMar: almost half acre lot with 105 feet of frontage, heavily treed, on cul de sac with open floor plan, updates. 3,092 square feet with 4 bedrooms and 3 full baths & 2 half baths in the main house, quarters with a full bath, pool house cabana with bath, kitchenette area, and change room. $674,900. Listed with Mary Harbor, Prudential Fine Properties, 214.662.3636.

Janmar7110 JanMar DrivePhenomenal contemporary at 7110 N. Janmar Drive coming up Monday. More than 5,000 square feet with four  bedrooms, three and a half baths, two living areas, two dining, media pool and cabana all renovated to perfection. $1,650,000. Contact Brady Moore. Wanna take bets this thing is under contract by Tuesday?