White Pine HA

Update 11:33 am: Grabbed a quick chat with Nate Shar with Heritage Auctions who tells me that at least eight people are registered to bid for Leppert’s ski crib, but they expect a few more showing at the actual auction on site. It happens at 2 p.m. No reserve. Mountain Time. Wish you were there? 

Maybe he did it because he wants some of Trump’s real estate prowess to rub off on today’s sale? Maybe he did it because he ran against Ted Cruz and is not a fan, I don’t know. Whatever. Out of all the Republican contenders, the endorsement was a shocking move from the former Dallas mayor.  I’d sure like to ask him why.

But I might just wait until after today’s sale of his magnificent Park City, Utah ski house.

There is no minimum at all, and this home was last listed for $6.2 million. I mean, can you spell DEAL?

As you know, former Dallas mayor Tom Leppert and his wife, Laura, have been trying to shed some properties. First it was their home on Alva Court with that jazzy media room, remember? It was listed by Mary Poss and then Ryan Streiff, the current agent. Asking is still $4,795,000.

But my oh my Park City Utah! I am actually headed that way to check out some more vacation home possibilities, some a little more affordable than a $6.2 million ski-in. ski-out house, though this place could be the best bargain west of the Mississippi come two p.m. Mountain Time.

This is a fantastic piece of property that you can see from the ski lifts. I know exactly where this house is. In fact, if you have ever skied Park City — there are three neighboring resorts, Deer Valley, Park City and Canyons comprising 7300 acres of white powder — this home is near the Dreamcatcher Lift. And it sounds like a dream! (more…)

105 White pine canyon ext shot

UPDATE, 10:09 a.m: Nate Schar tells me there is no minimum at all, and this home was last listed for $6.2 million. I mean, can you spell DEAL?

Former Dallas Mayor Tom Leppert and his wife, Laura, like most of us Baby Boomers, have been trying to shed some properties. First it was their home on Alva Court with that jazzy media room, remember? It was listed by Mary Poss and then Ryan Streiff. Think the last asking was $4.7.Tom Leppert Alva CourtWell now it seems they have switched gears and are shedding some Park City, Utah real estate. This is a fantastic piece of property that you can see from the ski lifts. I personally know exactly where this house is. In fact, if you have ever skied Park City — there are three neighboring resorts, Deer Valley, Park City and Canyons comprising 7300 acres of white powder — this home is near the Dreamcatcher Lift. And it sounds like a dream! (more…)

9925_Alva-3-575x383I have told you, but let me go on record again: yes, the market is hotter than hell and homes are selling in days, weeks, even hours. We have less than three months’ inventory. But that is for properties generally below $2 million, as Jennifer Miller pointed out last week. So it surprises me not at all that Tom Leppert and his wife Laura lowered the price on their Preston Hollow home to $4,999,999, a haircut of about $696,000 and some change.

The home, listed with former Dallas Mayor Pro Tem, Mary Poss, had been priced at $5,695,000.  Please note that the Lepert home also has a “keeping room”, just like our mysterious Monday Morning Millionaire.

Here is the description of the home using Mary’s own beautiful words:

“The estate home at 9525 Alva Court is another jewel in the portfolio of Dallas homes designed by the incomparable Robbie Fusch,” Ms. Poss says. “It is the fusion of grand elegance with extreme functionality. No detail has been overlooked in this 10,800-square-foot masterpiece built in 2002 in the heart of Old Preston Hollow.”

This stunning property features a slate roof, a stone exterior, an electric gate, a circular driveway and manicured landscaping.

 

Inside, massive timbers in the living and keeping areas set in 11-foot ceilings accentuate these spacious rooms and add to the comfortable and relaxed atmosphere of the home.”

 

Yes, it’s true: Laura had a “Keeping Area” for Tom. I think every wife needs one!

“Designer appliances in the spacious kitchen make cooking for one or for a crowd easy, Ms. Poss says. Massive granite countertops highlight this natural gathering place. Two large dining areas are located at opposite ends of the kitchen. The extensive butler’s pantry and storage areas provide plenty of preparation and staging space.

 

Beyond the confluence of the downstairs living areas are the master suite, a guest suite and two offices. Adjacent to the large master bedroom is a multipurpose room that may be used as an exercise room, a reading room or however the new owners choose. Marble abounds in the master bath, which is accented by an overhead stained-glass window above the luxurious tub. A steam shower and two large designer closets complete this well-appointed bath.

The first-floor guest suite occupies its own wing for privacy and comfort. One of the twin offices features rich, wood-paneled walls; the other is conveniently located by the kitchen and offers significant storage space.

Views of the pool and the cabana are available from almost all of the home’s living areas, the master suite and the kitchen.”

Of course, the home is on a 150 by 245 foot deep lot, almost one acre.

 

“A state-of-the-art media room is on the second floor, along with a library, a game room and a second laundry facility. A large, covered deck overlooks the backyard. Three bedrooms, each with its own bath and loft, offer plenty of private living space.”

Now here’s the space where you know the rich, powerful Repubs have gathered and plotted and oh if those tree branches or even the grill could talk…

“For outside entertaining, a beautiful cabana with separate living quarters offers the perfect backdrop to the gorgeous pool and outdoor kitchen, all of which is surrounded by lush landscaping,” Ms. Poss says. “Four garages, a porte-cochere, a motor court and a circular drive provide ample parking for any number of vehicles on the property.”

Any number. This is really quite a home. We are talking the HONEYPOT of Preston Hollow, T. Boone Pickens up the street, Kelcy Warren not too far over on Park, but you have to cross Walnut Hill and go west to visit Mayor Mike. Or the Malouf Waterpark. It was on the market very quietly as a hip pocket with Eleanor Mowery Sheets, who sold the home to Tom and Laura, this maybe 2008 or 2009, winter. In my opinion, Eleanor wanted to sell the house more than Tom and Laura did. Once the Sheets’ IRS issues came out, I never heard any more about the house or her listing it but I do know Eleanor had arranged a Realtor event at the stunning house. Mary Poss confirmed to me last night — full disclosure, I had just walked off a plane with ears still plugged — that Laura Leppert has a background in real estate and was in fact an agent in Hawaii when she and Harvard-educated Tom met. So yes, real estate is in their romance! Where are they going? Mary has been showing them some downsized properties around town, with Laura virtually incognito. Like most of us with larger family homes, the Lepperts wish to downsize now that their children are grown. Maybe want a little more turn-key in case he decides to take another political stab. Interesting thing about we baby boomers downsizing from this glorious homes: where are we going to downsize? One builder has a solution we are personally taking a peak at.

 

 

Speaking of mayors, former mayor Woodall Rodgers’ home at 5750 Swiss Ave is on the market, and this place has some serious history. It’s in need of some restoration, but with a little TLC, you can own a piece of Dallas history for under a million bucks.

Mayor Woodall Rodgers lived here with his wife from 1938 to 1959, during which time he served as the mayor of Dallas. From 1969 to 1973, while the home was owned by Norman Cook, it served as a home for unwed mothers. Listing agent Frank Hayward of Virginia Cook said soccer hall of famer Kyle Rote Jr. (son of Kyle Rote who had a successful football career at SMU and with the NY Giants) used to hang his cleats at the corner of Swiss and Skillman.

Almost 90 years later, the landmark home is still in good and workable condition. It has beautiful hardwood floors, beveled glass sunroom windows and a large garage and carriage structure in the back. Hayward said its just needs cosmetic improvements to bring it back to its former glory.

“This house was probably a real showplace back in the day,” he said. “It’s a historic property and is poised to be a very grand home once again. It’s in good, stable condition and very true to its original structure.”

Equipped with a Riverbend Sandler pool and a putting green, Hayward said the back of the property has an intimate resort feel.

Hayward also said that there has been “quite a resurgence on Swiss Ave” and that 3 or 4 homes have sold in the last 90 days. With all of the history inside these walls, it could be worth the investment. Maybe there’s something about this place that propels people into greatness. For just $950k, YOU could be the next mayor!

 

 

 

 

 

The stunning Preston Hollow home of our former Mayor and brief senatorial candidate, Tom Leppert, and his wife, Laura, hits the market in about one minute. Of course I knew about this yesterday — actually, last week — when I was in Maine eating way too much lobster but Amy Curry got a quick post up while AA was telling me to shut down my electronic devices. (Wonder if Tom could do anything about that now that he’s endorsed Dewhurst? It’s unbearable to be unplugged for four hours!) What she didn’t tell you was how much: $5,695,000. And worth every penny. Listed by, and this should come as no surprise, Mary Poss, former Dallas Mayor Pro Tem, of Ebby Halliday.

Here is the description of the home using Mary’s own beautiful words:

“The estate home at 9525 Alva Court is another jewel in the portfolio of Dallas homes designed by the incomparable Robbie Fusch,” Ms. Poss says. “It is the fusion of grand elegance with extreme functionality. No detail has been overlooked in this 10,800-square-foot masterpiece built in 2002 in the heart of Old Preston Hollow.”

This stunning property features a slate roof, a stone exterior, an electric gate, a circular driveway and manicured landscaping.

Inside, massive timbers in the living and keeping areas set in 11-foot ceilings accentuate these spacious rooms and add to the comfortable and relaxed atmosphere of the home.”

Yes, it’s true: Laura had a “Keeping Area” for Tom. I think every wife needs one!

“Designer appliances in the spacious kitchen make cooking for one or for a crowd easy, Ms. Poss says. Massive granite countertops highlight this natural gathering place. Two large dining areas are located at opposite ends of the kitchen. The extensive butler’s pantry and storage areas provide plenty of preparation and staging space.

Beyond the confluence of the downstairs living areas are the master suite, a guest suite and two offices. Adjacent to the large master bedroom is a multipurpose room that may be used as an exercise room, a reading room or however the new owners choose. Marble abounds in the master bath, which is accented by an overhead stained-glass window above the luxurious tub. A steam shower and two large designer closets complete this well-appointed bath.

The first-floor guest suite occupies its own wing for privacy and comfort. One of the twin offices features rich, wood-paneled walls; the other is conveniently located by the kitchen and offers significant storage space.

Views of the pool and the cabana are available from almost all of the home’s living areas, the master suite and the kitchen.”

Of course, the home is on a 150 by 245 foot deep lot, almost one acre.

“A state-of-the-art media room is on the second floor, along with a library, a game room and a second laundry facility. A large, covered deck overlooks the backyard. Three bedrooms, each with its own bath and loft, offer plenty of private living space.”

Now here’s the space where you know the rich, powerful Repubs have gathered and plotted and oh if those tree branches or even the grill could talk…

“For outside entertaining, a beautiful cabana with separate living quarters offers the perfect backdrop to the gorgeous pool and outdoor kitchen, all of which is surrounded by lush landscaping,” Ms. Poss says. “Four garages, a porte-cochere, a motor court and a circular drive provide ample parking for any number of vehicles on the property.”

Any number. This is really quite a home. We are talking the HONEYPOT of Preston Hollow, T. Boone Pickens up the street, Kelcy Warren not too far over on Park, but you have to cross Walnut Hill and go west to visit Mayor Mike. Or the Malouf Waterpark. It was on the market very quietly as a hip pocket with Eleanor Mowery Sheets, who sold the home to Tom and Laura, this maybe 2008 or 2009, winter. In my opinion, Eleanor wanted to sell the house more than Tom and Laura did. Once the Sheets’ IRS issues came out, I never heard any more about the house or her listing it but I do know Eleanor had arranged a Realtor event at the stunning house. Mary Poss confirmed to me last night — full disclosure, I had just walked off a plane with ears still plugged — that Laura Leppert has a background in real estate and was in fact an agent in Hawaii when she and Harvard-educated Tom met. So yes, real estate is in their romance! Where are they going? Mary has been showing them some downsized properties around town, with Laura virtually incognito. Like most of us with larger family homes, the Lepperts wish to downsize now that their children are grown. Maybe want a little more turn-key in case he decides to take another political stab. Interesting thing about we baby boomers downsizing from this glorious homes: where are we going to downsize? One builder has a solution we are personally taking a peak at.

Oh and don’t ever let anyone tell you Tom Leppert does not have great financial management smarts: he and Laura bought 9525 Alva Court back in 2003 and yes, Eleanor Mowery Sheets was their agent. Paid $3,850,000. They get anywhere near asking, which in this low inventory market is entirely possible, that’s nearly a two million dollar profit after living in the joint for nine years. That will cover at least half of what he spent on his campaign.

I would really like to see what this man can do in Washington, truly.