Oh Miss Christine, you are so clever, trying to up your page views by using one of my fave terms. House porn can be clean or dirty, depending on the eye of the beholder. (Like there’s something that turns all of us on, though what turns me on may not waggle your button — I’m totally talking Real estate here.) My my even the W carries JimmyJane products in their squeaky clean minimalistic gift shop. I have been asked where the term originated, my guess is out west, likely LA where all the sins of the world conceive, like unaffordable housing and adjustable rate mortgages, and that Mama at the RealEstalker has something to do with it but gosh, I hate to give her any more press lest she start pickin’ on our Texas hair again. (Don’t touch that link!)
Just wait ’till she gets hold of the former Hunt estate, Mount Vernon on White Rock Lake. I toured it yesterday and it’s absolutely stunning, timeless, elegant and all that jazz. The bowling alley was the “bees knees” as the kids are saying these days. And the view is just flawless.
Now for the price tag. If it is anywhere near $50 million then Eleanor might as well throw her marketing cash straight down a toilet because that’s all it would be good for. Lets say an acre on White Rock would sell for $2.5 million, and that’s being pretty generous. So for 10 acres that’s $25 million. Is the rest of the house worth $25 million? The main house is about 11,000sf. All the other buildings may bring the total to 25,000sf. (See tax rolls) That comes out to $1,000/sf of living space. Could someone recreate that house for less than $1,000/sf?
I honestly don’t know what they put into the home so I don’t know the answer to that question. I’m sure a builder or developer knows the answer.
Bottom line, I can’t see it selling for over $30 million.