5619 WALNUT HILL LN, DALLAS, TX 75229, USA
Mansion for Sale in 5619 Walnut Hill Ln, Dallas, TX 75229, USA USD 64,000,000
PROPERTY DETAILS
DESCRIPTION
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.
| Appliances: | Built-in Refrigerator, Commercial Grade Range, Commercial Grade Vent, Dishwasher, Disposal, Electric Water Heater, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven-Convection, Oven-Double, Plumbed For Gas in Kitchen, Refrigerator, Vented Exhaust Fan | |||
| Laundry Feat: | Dryer – Electric Hookup, In Utility Room, W/D – Full Size W/D Area, Washer Hookup | |||
| Interior Feat: | Built-in Features, Built-in Wine Cooler, Cathedral Ceiling(s), Cedar Closet(s), Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Elevator, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Multiple Staircases, Natural Woodwork, Open Floorplan, Paneling, Pantry, Smart Home System, Sound System Wiring, Vaulted Ceiling(s), Wainscoting, Walk-In Closet(s), Wet Bar | |||
| Exterior Feat: | Attached Grill, Balcony, Covered Patio/Porch, Fire Pit, Garden(s), Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, Playground, Private Entrance, Private Landing Strip, Sport Court, Storage, Tennis Court(s) | |||
| Park/Garage: | Additional Parking, Circular Driveway, Covered, Drive Through, Electric Gate, Garage, Garage Door Opener, Gated, Gravel, Kitchen Level, Paver Block, Side By Side | |||
| Pool Features: | Cabana, Diving Board, Fenced, Gunite, Heated, In Ground, Lap, Outdoor Pool, Separate Spa/Hot Tub, Water Feature | |||
| Street/Utilities: | City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Natural Gas Available, Private Road | |||
| Lot Description: | Acreage, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System, Water/Lake View | |||
| Other Structures: | Greenhouse, Guest House, Outdoor Kitchen, Pool House, Poultry Coop, Separate Entry Quarters, Tennis Court(s) | |||
BUILDING DETAILS
FEATURES
AMENITIES
NEIGHBORHOOD · DALLAS · PRESTON HOLLOW · TEXAS · UNITED STATES
Preston Hollow is a neighborhood in North Dallas, Texas. It is bordered on the south by the city of University Park. (Wikipedia)
- Transport: Preston @ Aberdeen – S – NS (691 m · 9 min walk), Preston @ Lakehurst – S – NS (700 m · 9 min walk), Preston @ Aberdeen – N – NS (721 m · 9 min walk), +17 more nearby
- Leisure: Netherland Park (742 m · 9 min walk), Session Pilates (1.5 km · 19 min walk)
- Dining: White Rock Coffee (1.4 km · 17 min walk), Fish City Grill (1.4 km · 18 min walk), La La Land (1.5 km · 18 min walk), +3 more nearby
- Noise sources: Dallas North Tollway (243 m · 3 min walk)
Distances are straight-line, based on OpenStreetMap data.
LOCATION
VIDEO TOUR
DOCUMENTS
INVESTMENT SNAPSHOT
PRICE / M²
$2,362
Verdict: partial
Full investment data
Test this investment United States financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 715,120 / month (about USD 26.4 / m²; based on United States (country average — no local data for Dallas)) — enter your own expected rent to see the numbers.
Enter a monthly rent above to see cash flow, yield and return.
Cash flow / month
Incl. equity build: /mo
Down payment
Mortgage / mo
Equity build / mo
Cap rate
Cash-on-cash
Gross yield
Estimates only — not financial advice. Prefilled with typical united states financing profile figures — adjust to your own scenario.
Price context
This listing: $2,362/m² — 85% below the median of $15,343/m² across our 16 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (DART), schools (Dallas ISD, Pershing Elementary, Benjamin Franklin Middle School, Hillcrest High School), daily amenities (Northpark Mall, Highland Park Village).
No map data found nearby for: water proximity — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
- ✓Public transport DART
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ✓Schools Dallas ISD, Pershing Elementary, Benjamin Franklin Middle School, Hillcrest High School
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities Northpark Mall, Highland Park Village
Groceries within walking distance is a top liveability filter for both tenants and buyers. - •Parks & recreation Netherland Park — 742 m · 9 min walk
Green space nearby improves quality of life and supports value in dense areas.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.