What a year 2017 has been for the Texas real estate industry! Between riding the top of the charts for growth and residential value increases, the explosion of commercial development, hurricane crises, and blockbuster luxury property listings, the Texas real estate market has stayed in the spotlight. Capping the year, a legendary captain of industry put his personal retreat, an over-the-top ranch he developed over nearly half a century, up for sale.
Recognizing the limitations of his advanced age, oil magnate T. Boone Pickens listed his beloved Mesa Vista property in the final quarter of this year. The asking price? $250 million. Now 64,809 acres, Mesa Vista began as a 2,900-acre parcel Pickens purchased 48 years ago. Pickens indulged a passion for quail hunting on the site, adding to it and improving it over time to become a Panhandle showplace, encompassing more than 100 square miles of scenic lands. Mesa Vista now boasts world-class quail hunting, multiple baronial structures with lavish landscaping, extensive water features, resort-like recreational amenities, an airfield and hangar, and a picturesque chapel.
T. Boone Pickens may be a legendary Texas oil and gas executive, and a huge force behind wind energy, but there are no windmills on his Preston Hollow estate in Dallas, Texas. There are gardens, sculpted and manicured French gardens that will make you think you are in Versailles so much that “mais oui” will roll right off your tongue! He is now selling his Dallas estate in the heart of Preston Hollow for $7 million. And it is not listed in MLS. The home was built in 1996, but then when T. Boone and his wife, Madeleine bought it in July, 2005 for about five million, it was redone to the max. And I do mean the max. From a four bedroom home with a master on the first floor, it was taken to a three bedroom home with an expanded second floor master. In fact, the new master bathroom is so large it features a writing desk — what a splendid idea! The new master closet is larger than most starter homes.
The 8215 square foot house home has terrific bones, designed by Dallas starchitect Wilson Fuqua and built by Jim Shaw. In fact, I remember when this home was under construction as we lived nearby — it took almost two years. The gated Mediterranean estate features magnificent French gardens and dramatic outdoor entertaining areas, all designed by Paul Fields of Lambert’s, with crepe myrtle, rose gardens, fountains, statues, the experience almost musical, crescendo’ed by a huge sparkling pool and full 500 square foot cabana that looks inviting even on the dreariest of Dallas days. The grounds are just shy of one acre, smack in the heart of Alva Court. Somewhere on the property are also quarters for the housekeeping staff. Everywhere you turn, there is impeccable attention to detail and quality and the soft French interiors are so my cup of tea. To start, the custom designed iron and glass entry doors lead you to handsome antique French Quarter limestone flooring in the gallery and living room, forged iron grand stair railing with gold leaf detail, Waterworks and Sherle Wagner fixtures EVERYWHERE. The country type kitchen has vertical grain wood plank floors, and this home may well have been one of Ann Sacks’ best customers with the antique terra cotta tile backsplash throughout the kitchen. Get a load, too, of that La Corneu Chateau 150 60 inch custom range. There is architectural lighting to highlight great art everywhere. Three bedrooms, four full and several half baths, the original master is still down, making this a perfect home for empty-nesters.
Well, empty-nesters with a platinum retirement fund.