Wanna Live On Park Lane? Four Million Dollar Foreclosure

I found 5810 Park Lane on the Roddy Real Estate Foreclosure List — assessed value is $4,259,310. Original amount of loan was $4 million, unpaid balance $3,923,216. Here’s what makes me a bit sad: as you know, I’m a new house gal and I do prefer well-designed, well-scaled new construction. (In fact, I almost have to have new construction as much as I insist on marble around my jetted tub.) (And build as big as you want, it’s your money.) This house — 9307 square feet on at least an acre lot. What kills me is they tore down a perfectly elegant white home with stately columns that just exhaled “Southern charm and grace.” Mint julips. Love me those white columns, but gone. For. This.  I bet I can find you a photo of what was there before… hint to Trustee: get some more trees out there fast.

4 Comments to “Wanna Live On Park Lane? Four Million Dollar Foreclosure”
  • Jeff Duffey

    I could be wrong but I thought this house was built on a vacant lot by Sharif-Munir. The corner lot of Douglas and Park that has been vacant since I can remember (circa 1997). I’ve seen this house and it’s a beaut. What a shame.

  • C.R.

    Yeah, I think that’s right–I don’t ever remember this lot having anything other than trees on it.

    It’s just kind of blah for $4 million, and has a really odd placement on the lot. The fence around it is really dinky. I’d prefer a nice stone wall–at least that would block the view to the house a big. It just seems a little exposed.

  • C.R.

    *a bit

  • vickiev

    You’re right! It has been empty for over 10 years. I wonder how much the land was purchased for?

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DallasDirt is a daily discussion and dissention of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, hot agents, hip pockets, celebrity listings, second homes, vacation homes, real estate trends, data analysis, tips for buying, selling, or staying put. If DallasDirt were a house, it'd be a three-bedroom, two-and-a-half-bath ranch transitional on a quarter acre lot with stainless kitchen and granite countertops: sophisticated with designer touches, room for expansion. Make an offer.
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