Live Life Through (Cheaper) Rose Colored Glasses: Pink Mary Kay Mansion Reduced to $2,999,999

Published June 26, 2012 by Candy Evans

In the words of Allie Beth Allman agent dynamo Karen Luter, this is not just the deal of the century, but a STEAL:

“Yep, $2,999,999. That puts it at the bottom of price per square foot, $247 to be precise for this iconic home, rich in history.”

The home was listed at $3,300,000. You get oh so much: 12,000 square feet. Built in 1984, but remodeled in 2000. Located in coveted Old Preston Hollow, on over one acre of manicured lawns with fountains, pools, koi ponds, arboretum like gardens, there is Brazilian teakwood flooring, grand sweeping staircases (two or three), statues, arcades of Corinthian columns, wine cellar, walls of beveled glass windows, hand painted murals, original pink quartz-marble hardware, indescribe-able mill work and a pink quartz toilet. Er, commode. I think that lime green carpet on the stairs is the original that hosted many a top producer party. The kitchen has the original white Corian counters and I believe that may even be Mary Kay’s own breakfast table under the massive chandelier. The current owner’s furniture tastes are a bit more “antique” — when I first saw the home years ago, right after Mary Kay had moved out, it held no oriental rugs. Formerly listed with Myla Patton of Patton International Real Estate for $5.7 in 2007, then listed with Linda Jordan Hobbs over at Ebby for $4,995,000, which is about what DCAD thinks give or take $400K. Myla was again considered for the listing.

You know, A-Rod drives up Douglas every time he visits Dallas just to take a gander at the home he owned, which is right next door. Someone should buy this home because it is a vital part of Dallas history. And it’s right next to A-Rod.

No, I take that back: HERSTORY! Why doesn’t Mary Kay Cosmetics buy it and do what the folks at the M Mansion do — use the house for special events, like pink Cadillac parties and weddings? It is really such a treasure.

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com