40
Map
$64,000,000
●
House -
For Sale
5619 Walnut Hill Lane
Dallas, TX 75229
10 Beds
12 Baths,
5
Half Baths
27,092 Ft²
$314,251
Est. Monthly
About This Property
A symbol of an era, a setting for the future - Dallas' most
legendary estate is ready for its next chapter. Since 1938, the
prestigious Crespi Estate has hosted presidents, dignitaries and
icons like Coco Chanel and the Duke and Duchess of Windsor.
Designed by Swiss architect Maurice Fatio for Italian count Pio
Crespi, this palatial French-style chateau blends intimacy with
grandeur across more than 27,000 square feet. With 10 bedrooms,
12.5 baths, a ballroom, an Art Deco bar, two wine cellars, a
conservatory, a library imported from France, a media room and a
3,000-square-foot primary suite, luxury is everywhere. Enhancements
by noted architect Peter Marino include an elegant
3,300-plus-square-foot guesthouse and a remarkable
4,800-plus-square-foot entertainment pavilion with a 19-seat
theatre. The three adjacent lots are included in the listing,
making a total of 15.687 acres. The grounds feature a swimming pool
and spa, tennis and bocce ball courts, gardens, greenhouses, a
creek and a heliport. A rare opportunity to own a Dallas
masterpiece.
Unit Size
27,092 Ft²
Days on Market
-
Land Size
15.69 acres
Price per sqft
$2,362
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (NTREIS #20854653)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Listed by Briggs Freeman Sotheby's Int'l | $64,000,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| Oct 8, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 2, 2024 | Listed by Allie Beth Allman & Assoc. | $47,000,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| | |||
|
One of the most exclusive residential real estate listings located on close to 12 acres in Preston Hollow. The timeless & irreplaceable private estate is the epitome of luxury & craftsmanship boasting a 27k sqft limestone mansion with 14ft ceilings on first and second floors, 3000 sqft guest house, and 4800 sqft recreational complex with theatre. Enjoy gourmet cooking in the state-of-the-art kitchen or relax in the fully equipped gym with cryo, massage, and steam room. Venture to the basement where you will find a media room, a safe room, sensory deprivation float tank & multiple wine rooms all accessible by elevator. The 3000 sqft primary suite w his and her bath suites opens to an extensive outdoor terrace for ultimate comfort. Outdoors, you will find a lighted heliport, greenhouse, gardens, tennis, country club-size pool, waterfall & a year-round creek. This architecturally significant estate offers the access to all Dallas offers while providing the feel of a private oasis.
| |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Listed by Allie Beth Allman and Associates | $60,000,000 | |
| Listed by Allie Beth Allman and Associates | |||
| | |||
|
One of the most exclusive residential real estate listings located on 15+ acres in Preston Hollow. The timeless & irreplaceable private estate is the epitome of luxury & craftsmanship boasting a 27k sqft limestone mansion with 14ft ceilings on first and second floors, 3000 sqft guest house, and 4800 sqft recreational complex with theatre. Enjoy gourmet cooking in the state-of-the-art kitchen or relax in the fully equipped gym with cryo, massage, and steam room. Venture to the basement where you will find a media room, a safe room, sensory deprivation float tank & multiple wine rooms all accessible by elevator. The 3000 sqft primary suite w his and her bath suites opens to an extensive outdoor terrace for ultimate comfort. Outdoors, you will find a lighted heliport, greenhouse, gardens, tennis, country club-size pool, waterfall, walking trails,& a year-round creek. This architecturally significant estate offers the access to all Dallas offers while providing the feel of a private oasis. The manager has listed the unit size as 27092 square feet.
| |||
Property Highlights
Elevator
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Circular Driveway, Covered, Drive Through, Electric Gate, Garage, Garage Door Opener, Gated, Gravel, Kitchen Level, Paver Block, Side By Side
Garage Spaces: 7
Interior Details
Half Bathrooms: 5
Full Bathrooms: 12
Interior Features: Built-in Features, Cathedral Ceiling(s), Cedar Closet(s), Chandelier, Double Vanity, Eat-in Kitchen, Elevator, Granite Counters, High Speed Internet, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Smart Home, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Built-in Wine Cooler, Decorative Lighting, Flat Screen Wiring, Multiple Staircases, Paneling, Wainscoting
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Electric Water Heater, Gas Range, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Commercial Grade Range, Commercial Grade Vent, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Hardwood, Marble, Other, Stone, Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup, Utility Room, Full Size W/D Area
Has Fireplace
Fireplace Features: Bedroom, Dining Room, Family Room, Fire Pit, Gas Log, Gas Starter, Great Room, Library, Living Room, Masonry, Bedroom, Outside, Recreation Room, Stone, Wood Burning
Fireplaces: 11
Exterior Details
Square Footage: 27092
Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Prewired, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s), Burglar
Architectural Style: Traditional, French
Year Built: 1938
Waterfront Features: Creek
Levels: Three Or More
Other Structures: Greenhouse, Guest House, Outdoor Kitchen, Pool House, Poultry Coop, Tennis Court(s), Separate Entry Quarters
Window Features: Window Coverings, Electric Shades, Skylights(s)
Construction Materials: Block, Stone
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch, Side Porch, Terrace, Roof Top Deck/Patio
Pool Features: Cabana, Diving Board, Fenced, Gunite, Heated, In Ground, Lap, Outdoor Pool, Separate Spa/Hot Tub, Water Feature
Pool is Private
Lot Features: Landscaped, Many Trees, Acreage, Lrg. Backyard Grass, Sprinkler System, Water/Lake View
Lot Size Area: 15.687
Lot Size Units: Acres
Lot Size Acres: 15.687
Lot Size Square Feet: 683325.72
Tax Lot: 1F
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Gas, Multi Units, Zoned
Heating Type: ENERGY STAR Qualified Equipment, Fireplace(s), Natural Gas, Zoned, Other
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Central Dallas
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Listed by: Pogir Pogir, Briggs Freeman Sotheby's Int'l
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 20854653
Details provided by NTREIS and may not match the public record
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 20854653
Details provided by NTREIS and may not match the public record
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