One of America's Most Expensive Homes Set to Hit the Dallas Real Estate Market

Posted by Kenneth G. Cox on Saturday, March 7th, 2015 at 3:32pm

Walnut Place, Dallas Luxury Real Estate

Luxury homes on the Dallas real estate market are one thing, but a $100 million estate is a whole different ball game. In fact, homes at that level are few and far between for any market, but that’s exactly what will soon be publicly listed on the local DFW MLS.

Once the most expensive home in America, the property formerly known as Crespi-Hicks Estate, now “Walnut Place,” is set to re-enter the market for a cool price of $100 million, and after you consider everything it includes, you might just think that’s a bargain price.

Set on 25 acres in Dallas’ affluent Preston Hollow neighborhood, more than 35,000 square feet of living space encompass this massive four-story home, which includes 10 bedrooms, 12 full bathrooms, and five half bathrooms.

There’s also a guest house on the property that houses two bedrooms and two and a half baths, while you’ll also find an 18-seat movie theater, a sprawling pool room, and another three full bathrooms and two half baths inside the recreation complex.

The current owner of Walnut Place is Forbes 400 member Thomas Hicks—the former chairman of Hicks (a private equity firm), and former owner of both the Texas Rangers and Dallas Stars.

Hicks and his wife Cinda originally purchased the estate 18 years ago, and it’s estimated the couple have put as much as $100 million into the property over the years, ultimately elevating it to one of the most impressive properties you’ll find anywhere in the world.

A home of this magnitude will of course boasts a seemingly endless number of lavish and luxurious features, but a few noteworthy items include a library paneled in 19th century Italian walnut, a main kitchen titled in 10th century Dutch Delft manganese tiles, a full tennis court, a number of individual greenhouses, and 2nd hidden driveway entrance onto the grounds. 

Once the home officially hits the market, we'll bring you more photos of the interior, as well as the grounds.

Stay tuned.

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