Real Estate Sweet Spot – Homes for $1M-$2M in Preston Hollow, Highland Park, Briarwood, Uptown
February 17th, 2014 | by The Update
The five-bedroom home at 6239 Park Lane in Preston Hollow features a private back yard with a fireplace, pool with a spa and a Pennsylvania bluestone porch. Listed for $1,995,000. Photo / Briggs Freeman Sotheby’s International Realty
In a hot housing market, homes priced between $1 million and $2 million have seen a 27 percent increase in closings in the past year, according to the Multiple Listing Service.
Gene Taylor, executive vice president for Briggs Freeman Sotheby’s International Realty, says the substantial increase makes sense – it is a great price point for the move-up buyer as well as the downsizer. And people relocating to the Metroplex also favor homes in this price range.
Here are a few homes in exciting neighborhoods in the $1 to $2 million range.
5642 Bent Tree | Listed for $1,395,000
This contemporary four-bedroom home in North Dallas has been remodeled to make it feel like a resort. Outdoor living is special with a flagstone patio, fireplace and kitchen beside a pool with a waterfall.
6011 Joyce Way | Listed for $1,999,999
In prestigious Preston Hollow, an exceptional six-bedroom, Mediterranean-style home sits on an extra-wide lot. With more than 7,500 square feet, the home has two master suites, including one with a private garden.
6239 Park Lane | Listed for $1,995,000
Also in Preston Hollow, on one of the most popular streets, is a five-bedroom home with inlaid hardwood flooring. Adjacent to the first-floor master suite is an office or exercise room. The private back yard includes a fireplace, pool with a spa and a Pennsylvania bluestone porch.
3201 Cornell | Listed for $1,749,000
Step into the world of French sophisticated living in this four-bedroom Highland Park home. On a large corner lot, it features a living room inspired by Louis XVI style with intricate crown and plaster moldings, antique paneling and silk window treatments.
4418 Wildwood | Listed for $1,599,000
In Bluffview Estates, is a soft-contemporary home with three bedrooms and walls of windows in almost every room. Interior design features cathedral and vaulted ceilings.
2315 Routh Street | Listed for $1,795,000
In vibrant Uptown, not far from the Hotel ZaZa, is a renovated two-bedroom home that could be upgraded to six bedrooms. Classic balconies offer spectacular views, including the downtown skyline from the third floor. An adjacent renovated shotgun house has a bath, fireplace and a bonus room that could serve as a studio, office or gym.
For more beautiful homes, see briggsfreeman.com. Click here to see the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with five offices in Dallas, Uptown, Ranch and Land, The Ballpark and Southlake.