A 25-acre estate in Dallas with a 27,000-square-foot home is listing for $100 million, down from $135 million in 2013, according to the WSJ.
Located in the neighborhood of Preston Hollow, the property was previously primarily shopped privately to buyers, rather than publicly through the multiple-listing service. This is the first time the estate is being publicly listed, said Ms. Allman of Allie Beth Allman & Associates.
The property includes the four-story Italian-style home with seven bedrooms, nine full bathrooms, four half-baths and separate staff wing.
The compound contains a two-story guesthouse, caretaker’s home and a helicopter pad. There is also a 4,836-square-foot “recreation complex” with an 18-seat movie theater, wet bar, entertainment area and a nearby 25-by-35-foot pool with two dedicated septic systems.
Investor and businessman Tom Hicks and his wife, Cinda, bought the property in 1997. The couple then expanded and upgraded the main home during a 33-month renovation starting in 2000.