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Crespi-Hicks Estate in Dallas is now America’s most expensive home for sale at $135 million

Andrea Divirgilio / January 30, 2013

Described to be America’s finest estate home that inspires cultural consciousness, defines the dialogue of good design, provides a green oasis in the middle of a large city, and boasts awe-inspiring architecture that creates a felling of warmth and comfort, the Crespi-Hicks Estate owned by an American ‘leveraged buyout’ businessman Thomas Ollis Hicks, Sr., is now being offered for eye-watering $135 million. Interestingly, this significant home on a magnificent site which is now the America’s new most expensive home for sale is in Dallas, Texas, and surprisingly not in the most expensive ZIP codes of the U.S., where the billionaires rush to invest in the multi-million dollar luxury estates and trophy properties. As described by the Douglas Newby of Douglas Newby & Associates which has the listing, this luxurious Dallas estate of Tom Hicks is an architectural masterpiece that sits behind wrought iron gates in the ultra-exclusive, beautiful and hidden neighborhood of Mayflower Estates, which is notably home to Dallas’ richest and high-profile residents, including the former President George W. Bush. However, our comprehensive edit of the big buyers and sellers of luxury real estate in 2012 also throws light that it’s the highest end of the luxury real estate that is leading the way of the realty market in United States.

Spread in over 25 acres, the compound boasts approximately 42,500 sq. ft of living space including a splendid 5-storey main house, a 2-storey guest house, a 3-storey pool house, a state-of-the-art media room, an impressive library, along with other extravagant amenities.

Originally commissioned by Italian Count Pro Crespi, this Crespi-Hicks Estate was notably the last residential creation of acclaimed architect Maurice Fatio before his death back in year 1943.

And when Tom Hicks, who’s the chairman of Hicks Holdings, and also the former owner of Liverpool Soccer Club,Dallas Stars, and Texas Rangers, bought this property some 16 years ago, he along with his family commissioned the architect Peter Marino to restore it extensively.

Interestingly, the whole restoration process took nearly a decade and as much as whopping $100 million.

The estate notably boasts some of the luxurious amenities including a library paneled in 19th-century Italian Walnut and burl, a mirrored art deco bar room, a main kitchen tiled in 10th-century Dutch Delft manganese tiles, and an exercise room.

Further, the pool house boasts an outdoor living room and kitchen, an indoor catering kitchen, an extensive game room, and a high-tech home theater.

Whereas the grounds comes featured with 2 guest houses, a full-sized tennis court, several greenhouses, a tree house, rose and vegetable gardens, and a 2nd hidden driveway entrance into the estate.

Via: Forbes

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