Check Availability
$9,250,000
↓ $700K (7%)
● House - For Sale

5216 Palomar Lane

Dallas, TX 75229
bedrooms
6 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
9,446 Ft²
$45,420
Est. Monthly

About This Property

Regal custom estate situated on over 1.13 acres in prestigious Lobello Estates of Preston Hollow. This exceptional six-bedroom residence showcases stunning architecture, a dramatic two-story glass foyer, library, formal living, and a luxurious first-floor primary suite with spa-inspired bath, dual custom closets, private gym, laundry, and coffee bar. The chef's kitchen features custom European cabinetry, Miele appliances, dual dishwashers, and a built-in coffee system. Upstairs offers five ensuite bedrooms, including a junior primary suite, media room, and additional laundry. A commercial-grade elevator, multiple staircases, smart-home features, Caesarstone countertops, wine room, and butler's pantry elevate the home's thoughtful design. The epoxy-finished four-car garage with hydraulic glass doors doubles as an incredible flex space overlooking the expansive backyard with pool, turf, mature trees, and room for a future sport court or pool house. Experience exceptional luxury in one of Dallas' most coveted neighborhoods.
Unit Size
9,446 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$979
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Listed By

Eric Narosov
Compass RE Texas, LLC.
Alex Perry
Allie Beth Allman & Assoc.

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (NTREIS #21329572)

Price History

Date / Event Date Event Price
Aug 21, 2026 Price Decreased $9,250,000
↓ $700K (7%)
Price Decreased
Jul 13, 2026 Listed by Allie Beth Allman & Assoc. $9,950,000
Listed by Allie Beth Allman & Assoc.
Oct 14, 2025 Temporarily off market -
Temporarily off market
Sep 11, 2025 Listed by Allie Beth Allman & Assoc. $8,995,000
Listed by Allie Beth Allman & Assoc.
Regal and majestic, this custom beauty situated on over 1.13 acres in Lobello Estates of Preston Hollow is unmatched. Notable elegance defined by its stunning architecture, this 6 bedroom encompasses it all. A grand two level foyer with floor to ceiling glass flanked by the library and formal living. The downstairs master designed for tranquility with a spa like bathroom features an exquisite soaking tub, shower, 2 large custom walk-in closets, vanity area, a private gym, laundry, coffee bar & fridge. Oversized eat-in kitchen island with custom European cabinetry, Miele appliances, two dishwashers, & Miele built-in coffee maker all seamlessly blend for a well appointed sleek design. The epoxy-finished 4 car garage with hydraulic glass doors doubles as a versatile flex space for catering, events, or even a game of basketball complete with an all glass wall overlooking the backyard, future sport court or pool house. A commercial grade elevator & multiple staircases provides access to the second level, which includes 5 bedrooms all ensuite (1 of which lives like a Junior Master) laundry and Media Room. Thoughtfully curated touches such as smart touch drapery throughout entire home, caesarstone countertops, speciality lighting, wine room feature, & butler's pantry with sparkling water on demand. Outdoor living speaks for itself with expansive greenscape of turf, natural grass, trees and pool offering endless possibilities for relaxation and entertainment. Experience a level of luxury living in one of Dallas' most desired neighborhoods. This is more than a home-it's a lifestyle. Pool House & Cabana plans available.
Jul 14, 2025 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Circular Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
Garage Spaces: 4
Interior Details
Half Bathrooms: 2
Full Bathrooms: 7
Interior Features: Chandelier, Dry Bar, Eat-in Kitchen, Elevator, Kitchen Island, Open Floorplan, Pantry, Smart Home, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Built-in Wine Cooler, Decorative Lighting, In-Law Suite Floorplan, Loft, Multiple Staircases, Second Primary Bedroom
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Refrigerator, Tankless Water Heater, Other, Built-in Coffee Maker
Flooring Type: Hardwood, Marble, Other, Engineered Wood
Has Fireplace
Fireplace Features: Bedroom, Dining Room, Gas, Living Room
Fireplaces: 2
Exterior Details
Square Footage: 9446
Security Features: Fire Alarm, Security System
Architectural Style: Contemporary, Other
Year Built: 2022
Levels: Two
Window Features: Bay Window(s), Window Coverings, Electric Shades
Construction Materials: Stucco, Other
Pool is Private
Lot Features: Few Trees, Interior Lot, Landscaped, Many Trees, Lrg. Backyard Grass, Sprinkler System
Lot Size Area: 1.13
Lot Size Units: Acres
Lot Size Acres: 1.13
Lot Size Square Feet: 49222.8
Tax Lot: 5
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,193
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 9,716
  • Building Area: 8,523
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 8,523
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOBELLO ESTS
  • Land Acres: 0000001130
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: LOBELLO ESTS BLK D/5518 LOT 5 INT202100269352 DD09082021 CO-DC 5518 000 00500 1005518 000

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 007605

Zoning

  • Zoning: Z292

Geography

  • Assessors Map Reference: 000004159030000
  • Account Number: 000004159030000
  • Parcel: 00-00041-590-300-0000
  • Block: D/551
  • Lot: 5
  • Municipality: DALLAS
  • Latitude: 32.8893
  • Longitude: -96.8168

    Address

  • Full Address: 5216 Palomar Ln
  • Address - House Number: 5216
  • Address - Street Name: Palomar
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: C054
  • 4-Digit Zip Code: 6408
  • Zip Code: 75229

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,247,950
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 3,939,927
  • High Value: 4,607,961
  • Low Value: 3,271,893

    Market Valuation

  • Market Total Value: $5,030,160
  • Market Land Value: $2,429,500
  • Market Improvement Value: $2,600,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,030,160
  • Assessed Land Value: $2,429,500
  • Assessed Improvements Value: $2,600,660

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 269352
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Central Dallas


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4202 Bonham Street, Dallas, TX, 75229

$9,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,841 ft²
4202 Bonham Street, Dallas, TX, 75229 Listing by Melissa Mettry
Unit for rent at 6505 Bandera Avenue, Dallas, TX, 75225

$9,202 /mo

  • 2 Beds
  • 3 Baths
  • 3,916 ft²
6505 Bandera Avenue #2A, Dallas, TX, 75225 Listing by Melissa Mettry
Unit for rent at 6425 Bandera Avenue, Dallas, TX, 75225

$4,710 /mo

  • 1 Bed
  • 1 Bath
  • 1,962 ft²
6425 Bandera Avenue #2E, Dallas, TX, 75225 Listing by Melissa Mettry


Frequently Asked Questions

When was property at 5216 Palomar Lane built and last sold?
The property at 5216 Palomar Lane was built in 2022 and last sold on Sep 8, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 5216 Palomar Lane is $9,342,500.
What are some comparable homes to 5216 Palomar Lane?
There are currently no comparable homes to 5216 Palomar Lane.