|By PR Newswire||
|March 14, 2014 05:48 PM EDT||
DALLAS, March 14, 2014 /PRNewswire/ -- Concierge Auctions, a luxury real estate auction firm serving high net-worth individuals worldwide, today announced the auction of the Les Jardins estate in Dallas, to take place April 24, 2014 in cooperation with Keith Conlon of the Matthews Nicols Group of Allie Beth Allman & Associates, an exclusive affiliate of Christie's International Real Estate. Designed by famed architect Anton F. Korn, Jr. and built in 1925, the old-world charm of this Tudor revival estate is accentuated by its position in a park-like setting on the banks of prestigious Turtle Creek. The property was originally offered for $4.25M and is selling without reserve.
Known for its exquisite topography of rolling hills and picturesque streets, Turtle Creek serves as a serene enclave at the foot of the bustling downtown city center of Dallas.
The residence, which rests on a tree-filled, half-acre corner lot, features 4 bedrooms, 3 full and 2 half bathrooms and a pool, and is truly a private oasis. While it is conveniently located only minutes from downtown, it also is protected by a surrounding privacy wall and gated entrance.
"In Dallas, where demand for luxury real estate is high, but inventory is low, the auction model is the smart choice for sophisticated buyers who want a modern service that is quick, easy, and tailored to their needs," said Laura Brady, Founder and President of Concierge Auctions. "Now conducting our fourth auction in Dallas in less than a year, Concierge Auctions is proud to partner with Matthews Nicols Group to find the right owner for this truly one-of-a-kind property."
The tight supply of listings and growing demand in Dallas has caused a robust real estate market, according to analysts, that is reflected in statewide indicators. The National Association of Realtors® (NAR) has been predicting for the past several months that Texas home values will appreciate quickly in 2014, with NAR's November, 2013 survey anticipating a 4.2 to 8 percent value increase in the average Texas home.
"The timing is ideal to enter the Dallas market," said Conlon. "Home prices are now growing at almost three times their traditional annual rate. This long-term trend makes houses in this area a terrific investment for the smart buyer."
Recently renovated to include nearly every sophisticated amenity of today, the estate has retained the oriel stained glass windows and classic octagon-shaped glass conservatory that are signatures of Korn's designs, as well as craft detail, including hand-scraped hardwood floors throughout and immaculate stonework.
One of the most stunning features of the home is the master suite, the grandeur of which is heightened by a two-level A framed ceiling with iron and cable suspension, mirroring that of the drawing room below. Extensive lighting draws the eyes towards the room's beautiful marble fireplace, outlined by double French doors.
Current owner, David Bolour, remarked on the home's ideal location, saying, "Here, you get the best of both worlds. You can be at your office downtown within minutes, and, when you return, the home's seclusion and amenities, especially its tranquil setting on Turtle Creek, make you feel as if you are returning to your own private retreat — seemingly a million miles away from the bustle of the city."
The auction of Les Jardins, located at 3808 Turtle Creek Drive in Dallas, Texas, will be held live on April 24th. A 3% commission is offered to the buyer's representing broker. The property will be open for preview daily from 1-4pm and by appointment. See Auction Terms and Conditions for full details. For more information, visit DallasEstateAuction.com, call (877) 705-9361 or join the social discussion at #ConciergeAuctions.
About Concierge Auctions
Concierge Auctions is a New York City-based luxury real estate auction firm founded in 2008. Concierge Auctions serves high-net-worth individuals internationally through an accelerated marketing process that obtains fair market value for high-end properties. The firm executes auctions typically valued between $2.5 million and $20 million.
This property is listed for sale by Allie Beth Allman & Associates (0515965) - 5015 Tracy Street, Dallas, Texas 75205 (214)-908-0430; William Keith Conlon (0589972). Concierge Auctions, LLC is a marketing service provider for auctions, is a licensed auctioneer (#AU-C002842) - Auctioneer Frank Trunzo - and is not a licensed Real Estate broker - 777 Flagler Drive, W Palm Beach, FL 33401 (888) 966-4759. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. See Auction Terms and Conditions for full details.
SOURCE Concierge Auctions
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