4326 Lorraine

Caroline Summers, the Briggs Freeman Sotheby’s agent who sold 4326 Lorraine, says that well-designed luxury homes in high-profile areas are seeing heightened demand.

Luxury home sales with prices of $1 million and up posted huge growth in 2014 according to the latest Texas Luxury Home Sales Report from the Texas Association of Realtors. In Dallas-Fort Worth, the sales volume of luxury homes was second highest in the state and grew 15 percent year-over-year. Dallas was a runner up to Houston, which had the highest volume of luxury home sales as well as the highest luxury home price growth.

The overall inventory of luxury homes in Dallas-Fort Worth shrank by 1.2 months in 2014, a trend that was seen across the market in North Texas, and luxury home sales represented only 1.2 percent of the market. Compare that to Houston, in which luxury home sales represented 2 percent of the market and were up 13 percent year-over-year.

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4445 College Park

I don’t know if I have ever seen such an “un-ranch” ranch in North Dallas before, but this smooth, clean, contemporary home aka 4445 College Park  is a far cry from the Waltons or even the Bob Newhart Show, both of which were purring away on TV the year she was built. Which was 1973. Good Lord, I was in high school trying to keep my hair straight and coaxing Barbara Hershey bangs. “Live and Let Die” was one of the most popular James Bond movies that year. So though it may have been built 42 years ago, this home started life as The Electric Light Orchestra: sleekness is part of her DNA.4445 College Park patio (more…)

Toyota logo

Happy New Year! Steve Brown posted his year end wrap of Dallas real estate, residential and commercial, calling it one for the history books. Tis true: Dallas Real estate values are at their highest EVER, exceeding where we were even before the bubble. And he is right — this boom is fueled by the right stuff: jobs and population. We did not overbuild in Dallas during the boom. We did not over extend, thanks mostly to state laws that limit how much you can borrow against your homestead. So when the economy turned on — it was just about two years ago January when agents told me that  “a lightbulb had turned on”  — there was no stopping us except for one little bugaboo: inventory.

Steve says : “Construction cranes stretch from Uptown to Frisco.”

I would say even further north — Prosper is the new hot spot you will be hearing more of here on CandysDirt because we are in love and cannot wait to see what they do with Deion’s place. (If that house ever sells…) And then there’s Celina, just north, and it’s rocking. Spent a day at Light Farms which you will soon be hearing about as we are blown away: 3200 homes on the site of an old family farm that has become a veritable condo farm: tractors, gardens, mini farm plots, Saturday morning Farmer’s Market, a holistic food consultant and even a beekeeper! Here’s the way they describe it: ten minutes from downtown FRISCO.  Whoa, now that’s interesting. Oh the public schools — amazing! Here we go with Steve’s biggies and mine:  (more…)

This estate offers amazing views of main house.  View from acros

This is one of my Christmas gifts to you: a multi-million dollar sleeper listing in, of all places, Farmers Branch. And you can thank the good folks at Inwood Mortgage for wrapping it! They would sure jump through some hoops here at year end to get the right buyer in this spread.

Wait, what? A $4 million home in Farmers Branch on 10.8 acres with 3 tennis courts and historic ties to famous people?

I have always thought that Farmers Branch was kind of a sleeper community. First of all, it’s so close to Dallas — just north of LBJ Freeway. If you meander off the main drags –Valwood, Josey– you find some really lovely homes on wooded, rounded terrain with creeks, trees, the same stuff that costs $2 millionish an acre (currently) in Old Preston Hollow. There is a sustainable home I toured off Webbs Chapel a few years ago that I simply must find and bring to y’all. We are talking about the residential areas, not the downtown off I35. There is lots of Farmers Branch to the east, buttressing right up to Brookhaven College.

This 10.8 acre property has trees that will give Mark Cuban’s place a run for the money. 2710 Faremers Branch lane lake3 (more…)

9226 Hathaway Front

Let’s dream a little dream this Christmas. What Dallas home would you buy if you had your druthers? Would you snap up the huge mega-estate on Manson Court? Would you sign on the dotted line for a penthouse in Museum Tower?

Me? I’d buy this Hill Country Contemporary at 9226 Hathaway. I have been in love with this beauty for so long, with its stone cladding, standing seam roof, and modern lines. It’s the perfect blend of natural finishes and contemporary styling. This Ebby Luxury Portfolio listing from Linda Jordan Hobbs has a fantastic North Dallas location, almost 9,500 square feet, and a gorgeous backyard. It’s on the market for almost $4.3 million.

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3416 Wentwood IHOTW

Our Inwood Mortgage Home of the Week has everything. And what it doesn’t have, you can easy add or transition in. It’s located on a great street in University Park, a hefty, deep lot, and it comes in at a cool $2 million.

I’m talking about you, 3416 Wentwood. She was built in 2001, about the same year we built our house, so I see the “2001 design influence” stamped all over: white cabinets, granite, marble, free-standing sweeping stairway, rich hardwoods, maybe a brass fixture or two —  platinum was just coming into vogue. The innards are very similar to what I have in my house, except I really cooled it on the mouldings, and this baby went all out, at least in the formals. The electrical outlets are camouflaged in the baseboards, too. Hint: moldings can be removed and replaced, lickety split. Always look at the bones and design because anything, absolutely anything inside can be resurfaced. (more…)

 

10741 Eden Roc Back

We know that there are a ton of midcentury modern homes in Sylvania Dells, an area of Lake Highlands where architecture is eye candy. We featured a unique listing from Ed Murchison just a short jog from today’s High-Caliber Home of the Week, and it was a midcentury modern with colored paneling and a unique floor plan, too.

However, 10741 Eden Roc surpasses all expectations with more that 4,000 square feet of wide open space on an acre lot. This home has been painstakingly preserved, with gorgeous expansive floors and the coolest open concept. You know, Realtors often put the words “MUST SEE!” in a listing description, and I usually just glaze over it. For this home, though, with its incredible windows, amazing back deck, and cool master suite, I really, REALLY want to see it!

All of these things — top-of-the-line design, amazing architecture, and perfectly preserved interiors — make this a high-caliber home. A home like this deserves a lender that’s going to look out for you and make sure that your dream becomes a reality. That’s what Lisa Peters at Caliber Home Loans does with her clients. She’s a mortgage professional that takes the time to make sure that there are no financing hiccups at closing. Find out what Lisa Peters can do for you today.

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4205 Lakeside is a gorgeous Anton Korn original on one of Highland Park's most picturesque streets. It is the bonus home and site of the ABPA Homes for the Holidays home tour market.

4205 Lakeside is a gorgeous Anton Korn original on one of Highland Park’s most picturesque streets. It is the bonus home and site of the ABPA Homes for the Holidays home tour market.

There are just two days until the highly anticipated ABPA Homes for the Holidays Home Tour, which showcases some truly amazing Highland Park homes that will have your brain buzzing with ideas for your own casa, and we have an early Christmas gift for our dear readers!

Thanks to the amazing sponsors, of which we are beyond proud to be counted as a Platinum-level sponsor with this year’s tour, CandysDirt.com is able to give away TWO PAIRS of tickets to the Homes for the Holidays Home Tour, which raises money for the teachers and programming that make Highland Park ISD schools great.

Jump to find out more about the home tour sponsors and how you can win tickets to the Friday event!

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