Best Location - Extraordinary Site Sold
Here is a site suitable for an architecturally significant home. The lot is wide, deep, surrounded by trees and other expensive architect designed homes. Even more important, the neighboring Bud Oglesby designed modern home and the Charles Dilbeck designed 1934 home are built on very small footprints.
These bordering homes are renovated, expensive and take up very little space in relationship to the size of their approximately 1.3 acre estate properties filled with trees and the edge of a small lake.
Estate Property is Over 200 ft Wide and 200 ft Deep
A wide lot provides distance from your neighbors. A deep lot allows you to place the home back on the lot and still have a rear garden large enough for a pool, gazebo, sculpture garden and terraces. An ordinary narrow and long lot begs for privacy and has land in the back that is not easily accessible and is always underutilized. A site more evenly proportioned, like this wide and deep lot, allows a home to be perfectly placed, with views of gardens in every direction.
Preston Hollow Neighborhood
The Preston Hollow estate neighborhood in Dallas is where the most important architect designed modern and estate homes are built. While there are many good neighborohoods in the estate area, maybe the most prestigious area is defined by Inwood on the west, the Tollway on the East, Northwest Highway on the south and Walnut Hill on the north. In this Preston Hollow neighborhood you will find narrow curving streets, a sense of privacy when you go on your morning walk, and a prominence from many of the most important homes in the city nearby. The best private schools are close by and the Arts District is only six miles away.
Limited Universe of Estate Properties in Preston Hollow
Buyers and agents usually do not realize how few Preston Hollow estate lots there are to purchase now or in the future. There is a very limited universe of estate properties in Preston Hollow. Most large pieces of property already have large houses on them that are not economical to tear down. Smaller houses that might be torn down are generally found on smaller lots and are surrounded by smaller, less expensive homes.
Many of the estate lots are directly adjacent to the busiest streets. It is rare and worth taking notice when there is a building site in the middle of the block, surrounded by very expensive homes in Preston Hollow.
Great Site in Preston Hollow
What I love about the site at 9236 Hollow Way Road is that it is on one of the most prestigious streets in the best part of Preston Hollow; the dimensions of the land are well proportioned, widening as it goes back so that a home can be designed and perfectly placed on this property surrounded by trees; it is one house away from Chatham Hill Road, a hidden lane of very expensive homes placed deep on their lots, and Dentwood, a prominent Preston Hollow street that curves its way to Meadowbrook; and, most of all, the land at 9236 Hollow Way is bordered by a very expensive home designed by Bud Oglesby that has a very low profile and is hidden by the trees on its 1.4 acre lot, and the home next to 9236 Hollow Way is a one and one-half story 1934 home designed by Charles Dilbeck that is also totally hidden on its 1.2 acres. The amount of land you own is not nearly as important as the amount of land and the quality of land around you, protecting your views and privacy.
Here you have a site far more valuable than its statistics or asking price.