This is what $5 million will buy you in the Dallas real estate market
Whether you’re looking for the perfect party house or a beautiful jewelry box in the sky, the $5 million mark opens up a wealth of upscale residential real estate options. And even if you’re not looking for a fancy new address (hey, we can’t all get a huge mortgage), it’s still fun to peek behind the curtains where the wealthy call home.
alive: Northwest Dallas | Square footage: 7,012 | Price list: $4,500,000
This modern masterpiece was designed by Dallas architect Blaine Ladymon and completed in 2017. International Properties. “He tracked down the architect.” Ladymon went on to design 7,000 square feet of light-filled rooms, including five bedrooms, four full bathrooms and three living areas. The home, which was co-listed with Jason Clarke, is covered in windows inspired by the style of an Apple Store. The owner “wanted views from inside the house of the outdoor front yard and backyard living area,” Thomas says. “He wanted to create outdoor views from all vantage points to the main living areas.”
Upon entering, you can look directly through the rear windows onto the water feature, which is a signature of Ladymon designs. In this case, “the owner wanted it to serve as a hot tub,” she says. Other backyard elements include a stunning pool, patio, and expansive grounds.
In the chef’s kitchen, you can find a gold onyx waterfall island, maple cabinetry, Thermador appliances, and a large prep pantry, making entertaining easy. A floor-to-ceiling double-sided fireplace separates the kitchen and living area from the dining room. The master suite also has a double-sided fireplace (there are five fireplaces in total), this time separating the bedroom from a sitting area that faces a great outdoor view. A custom double walk-in closet, a coffee bar, and a beautifully appointed bathroom complete the suite.
alive: Arts District | Square footage: 4,702 | Price list: $5,500,000
Located in the Hall Arts Residences building, this stunning unit offers some of the most stunning, unobstructed views of the Dallas Arts District and its collection of Pritzker Architecture Prize-winning buildings. For example, take a look outside the floor-to-ceiling living room windows, or step out onto the balcony, and you’ll immediately notice the famous red dome of the Norman Foster-designed Winspear Opera House.
The four-bedroom home was designed by local design doyen Emily Summers and her company’s creative director Chris Angel, who served as project leader. You can find gorgeous 11-foot ceilings, custom finishes (like gorgeous leather-wrapped millwork and Pyrolave tops on the bar), and high-end touches—like Gaggenau appliances, Lutron shades, and a Bulthaup kitchen system. The design team decorated the home with beautiful artisanal pieces, like fiber artist HotxTea’s installation in the breakfast nook and the Lindsey Adelman Studio Cherry Bomb custom light fixture in the entryway. Pivoting wood partitions separate the dining area from the bar, allowing the homeowner flexibility while entertaining guests. The master suite is located adjacent to the main living area, providing easy access to the living spaces and views.
The 28-story building offers just 48 units and includes luxury amenities such as 24-hour valet parking, concierge services, a wine cellar, putting green, spa treatment room, and fitness studio. “This is one of the most gorgeous, amenity-filled buildings in Dallas,” says Carolyn Summers, an agent with Briggs Freeman Sotheby’s International — and daughter-in-law of designer Summers.
(Want to get into the Hall Arts Residences building on a lower budget? Try 1747 Leonard St. #801, on the market for $2.1 million.)
alive: Fox Glen at Las Colinas | Square footage: 12,098 | Price list: 4,995,000 dollars
Originally built as a corporate retreat and home away from home for a German business owner, this contemporary home overlooking Las Colinas Country Club is ready for luxury living as well as hosting large events. As listing agent Blaine Soileau of Halo Group Realty explains, “The main level of the home is designed for everyday living. It features a large master suite with separate his-and-hers bathrooms and three oversized bedrooms, each with full en-suite bathrooms.”
The elegant European-style kitchen is equipped with Miele appliances and a dining bar. He looks into the oversized dining room. The main level opens to a huge covered patio overlooking the Las Colinas skyline.
Head downstairs to find the house area built for events. There are six additional bedrooms with full bathrooms each, two conference rooms that can double as gaming areas, and a large snack bar complete with wine cooling cabinets, a professional ice cream maker and an ice cream display refrigerator. “The surprise lies behind the bookcase,” Soelo adds. “When moved, it reveals the secret room that was used for parties.” The nightclub room features padded, soundproof walls and a smoke-eating system. You can walk outside to enjoy the pickleball court and pool. A second pool, hot tub, another large patio, and a bar are located on the top floor of the house.
The massive architectural marvel, built in 2018, also features a spacious, nearly finished basement, an elevator and skylights throughout, and more than 100 solar panels on the roof, which provide plenty of energy for the home. The residence is listed with Kevin Caskey and will be open from 2-4pm on Tuesday 3 October.
