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Price Drops on Dallas Mega Mansion Built for Italian Count

Crespi Estate
Crespi Estate entrance | Image by Allie Beth Allman & Associates

First listed in May for $60 million, the Crespi Estate has since been reduced by $13 million. The 27,000 square-foot estate is now offered for $47 million, according to CHRON:

“Texas-sized mansion in Dallas brings all the charm of Gay Paree with its steeply pitched hipped roofs, cast-iron cresting, and tall chimneys.

“The French château-inspired 27,000-square-foot estate was built for Milan cotton magnate and Italian Count Pio Crespi and his American wife, Florence, in 1938. The Crespi Estate, as it is commonly known, has detailed architectural touches, like an Indiana limestone facade and wrought-iron gate that succeeds in transporting visitors into a classic yet chic world. It’s not Paris, Texas, though, it’s more like the real thing.

“The 15-acre property is one of the biggest estates currently being sold in Dallas. It was first put on the market in early May [of last year] for a whopping $60 million but recently relisted at a $13 million discount—for $47 million—by Michelene Galbraith of Allie Beth Allman & Associates.

“Located at 5619 Walnut Hill Ln., the property boasts 10 bedrooms, 12 full bathrooms, and five half baths. The listing calls it the “epitome of luxury” and indeed it is, with its 14-foot ceilings, complete with a massive pool, a guest house, and 4,800 square foot recreational complex including a fully equipped gym, steam room, media room, safe room, sensory depravation float tank, and a cryo and massage room.”

To read the entire article by CHRON, click HERE.

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