Quite the Price Drop As $46-Mil Denton County Manse Hits Auction Block at $10.3 Mil Reserved
We virtually toured the splendor that is the 48,000-square-foot Champ d'Or up in Denton County in August 2010, when the asking price was, oh, $70 million, give or take -- not quite The Nice Price. But it didn't sell -- shocking -- not even when the price tag dropped to half that, which is why Concierge Auctions announced today it's putting the 39-acre spread and an adjacent 37-acre commercial parcel on the auction block on March 30, with the reserve set for this $46-million build-out at the low, low, low, low, low price of ... $10.3 million.
Says Joan Eleazer of Briggs Freeman Sotheby's International Realty in the just-dispatched press release, "Champ d'Or is a perfect fit for the auction platform, as it is truly one-of-a-kind, with nary a detail missed. The estate could be used as a residence or for a business venture. The possibilities are endless, including development potential as an exclusive executive retreat, medical or spa facility, or recovery center."
Details here. Me, I've always have wanted a house with a two-lane bowling alley and movie theater with opera seating. Split it with you .. and you ... and you ... and you ... and you ... and you ...
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Dallas, delivered to your inbox Monday through Friday.