03/22/17 9:38am

Stretford Auction Main

Last August, I wandered out to Tyler to see a high-rise … in Tyler … a high-rise.  I was just as surprised by the prices as I was the location.

Back then prices in the 81-unit tower started at $160 per square foot for a two-bedroom, two-bathroom, 2,051-square-foot unit.  Flash-forward and now the developer wants to sell off the 10 remaining units at auction sealed bid accelerated sale.  So if $160 per square foot wasn’t interesting enough, how does $115 sound?

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03/17/17 1:00pm
Clifton

Artist Bruce Greene’s bronze sculpture, titled “On the Banks of the Bosque,” the centerpiece of Heritage Plaza in Clifton, Texas

So your family wants a vacation home in the country, but peace and quiet are just not enough for you — you require art and social outlets built around it to feed your soul, even in a rural retreat.

Take heart. There’s a North Texas place not far from Dallas-Fort Worth that just might fill the bill. The thriving community of Clifton, Texas, has cultural amenities galore and is easily accessible to townies, lake house and ranch owners in the area.

Pre-eminent in the vibrant little town is its art scene. Click below for the story of how Clifton became such a creative nexus, and see a nifty little waterfront home on Lake Whitney available to satisfy the soul of art lovers looking for a weekend getaway spot with cultural treasures.  (more…)

03/15/17 9:59am

 

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”).

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03/14/17 1:00pm
Dallas CASA Cherish the Children Luncheon

Photos courtesy of Dallas CASA

Here’s another sweet opportunity to vacation for a cause: a one-week stay in a mountain home in Breckenridge, Colorado, is among the auction items coming up at the 10th annual Dallas CASA Cherish the Children luncheon April 5 at the Fairmont Dallas. The luncheon raising funds for the abused and neglected children served by Dallas CASA will feature guest speaker Casey Gerald. He’s a Dallas native whose inspirational TED talk on “The Gospel of Doubt” has been viewed by more than 1 million people.

Gerald’s background makes him uniquely pertinent to the subject of the mission of Dallas CASA (Court Appointed Special Advocates). This is a nonprofit organization that trains and supervises volunteers to advocate for the best interests of abused and neglected Dallas County children living in protective care. The son of a drug-addicted father and a mentally ill mother who disappeared when he was 12, the Yale University and Harvard Business School graduate credits a community that surrounded him with support for his remarkable rise to success as a business leader, writer, and motivational speaker. CASA volunteers advocate for supportive situations for abused children, assisting judges in gathering information to decide where children in danger can safely and permanently live and thrive.

A silent auction at the luncheon will include one-of-a-kind children’s furniture created by Dallas designers  and a special vacation package: a one-week stay in a 5,044-square foot, six-bedroom, six-bath Westridge Lodge home, which sleeps 20 in luxurious comfort. It’s just a short walk to Beaver Run Chairlift and a quick shuttle or car ride to Main Street or any of the base areas. Here’s a look at details on this gorgeous property, which vacation home rental site VRBO lists at an average rental rate of more than $1,600 per night, as well as details on luncheon ticket purchase.

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03/09/17 9:36am

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.

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03/08/17 7:30am

NapaValleygrapesfreewithoutattributionPixabay

Since posting last September about the idyllic living setup Kathryn and Craig Hall have with residences in both Dallas and Napa, Calif., wine country housing has been on my radar. News from Napa jumped off the screen when word came out that the Four Seasons Hotel and Resorts has announced residential sales at their venue opening in Calistoga in early 2019.

Along with five-star lodging, in its first phase of development, the Four Seasons Resort and Private Residences Napa Valley will include 20 full-ownership private homes. Guests and homeowners will share in a full-access winery on-site, overseen by famed winemaker Thomas Rivers Brown, whose achievements include crafting 20 wines earning perfect 100-point scores from The Wine Advocate. 

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03/03/17 10:42am
Barefoot Ranch, Texas

Barefoot Ranch, Texas. Photos courtesy of Icon Global.

It’s about as luxe-y as it gets for a recreational property in Texas. Barefoot Ranch is not a “working” ranch per se, but an uber-luxe hunting, golf, and lake resort set just a little over an hour from Dallas at an undisclosed specific location. Amenities include a 35,000-square-foot lodge, a PGA-rated golf course, a boat house, tennis courts, an equestrian center, and more. Once held by the Murchison family, the property’s current owner is an investor group headed by hedge fund honcho Kyle Bass, founder of Hayman Capital Management LP. Bass has hosted an annual economic summit at the ranch every year, bringing together top-tier government and business leaders to pow-wow over economic issues in between golfing, trophy fishing, and sport shooting at the on-site gun range. Hidden away, protected with high fencing, and near a jet strip, the ranch is well-suited to hosting high-security executives, politicians, and music and film celebrities in sheltered, private splendor.

At this level, you don’t name a listing price – it will be a matter of negotiation. Austrailian-born broker Bernard Uechtritz of Icon Global, who led the marketing of the $725M Vernon, Texas-based W.T. Waggoner Ranch last year, expects the property will see a lot of interest from foreign investors and will go for $50 million to $100 million. Kick off your shoes and click here for a gander at this bodacious East Texas paradise:

 

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03/02/17 12:05pm

Cabin-80-12

Thirty miles from the grind of Los Angeles, in the middle of the dense woods of Santa Anita Canyon, sits a tiny cabin. Like where this is going?

Built in 1918, the cabin was home to Mike Pauro — a musician known as ‘Ajax Moon’ — a poet and fiddler for whom the spot is now named. Fiddler’s Crossing. Reminds us of something out of a folk story. And if rustic is your thing, you could buy a place in that story for a mere $50,000.

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