Quite the Price Drop As $46-Mil Denton County Manse Hits Auction Block at $10.3 Mil Reserved

Categories: Real Estate
ChampDorPhotos.jpg
Concierge Auctions
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 ...
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32 comments
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News Hound
News Hound

WSJ reporting that the house cost 46M to build. If the price does not rise to a certain level in the auction someone might be able to but it and recoup a profit after dismantling and selling materials + real estate.

Parisrec
Parisrec

where's al-queda when you need em?

Nicola-Jane Henfrey
Nicola-Jane Henfrey

I bet that would be a bitch to clean and even harder to maintain the garden.

NONE
NONE

looka likes a perfect building and location for a new Denton Condoms to Go.

LaceyB
LaceyB

For $1000, I'll couch it on that puke pink thing at the bottom of the Scarlett O'Hara staircase, but I want a DART stop outside. Two lanes? Someone's got big hot pink balls enough to make it 4 wide.

MushMouth1
MushMouth1

 Just as long as you wear the drapes ala Carol Burnett as you walk down the stairshttp://www.youtube.com/watch?v...

LaceyB
LaceyB

Hells yeah! I will work those drapes to the best of my ability in honor of Ms. Burnett. Oh Rhett...?

Juan Valdez
Juan Valdez

The Texas Government should buy it and show case it as the "Museum of the Real Estate Bubble" or the "Stereotypical Texas dream home on Steroids". Its an atrocity. They should tear it down and let grassland, rivers and forests sprawl.

Scruffygeist
Scruffygeist

If only it had 4 lanes of bowling. And are those CRTs hanging above them?

Out.

Oak Cliff Clavin
Oak Cliff Clavin

As long as the seller covers the 1-year American Home Shield warranty, I'm in!

DuckDuckGoose
DuckDuckGoose

If you are now shopping the $10 Million to $15 Million range for a new house, Belo is REALLY taking care of you, Robert !

Robert Wilonsky
Robert Wilonsky

Heh. My deal with Belo includes "pants and food money." But little more.

jfpo
jfpo

What, no bourbon allowance? How will you get through Ranger playoff games?

Guest
Guest

You know, I hate to be pedantic (not really) but a "manse" is not a mansion. A manse is a rectory.  Specifically a manse is a church-owned house where a minister lives (or a formerly church-owned house where a minister used to live).  Given that we live in the evangelical heartland, I suppose this house could be a manse, but probably not.

Guest
Guest

 Dictionary.com is on board the whole manse=mansion train, so apparently enough of us have misused the word over time that the dictionary people gave up and hopped on board.

NewsDog
NewsDog

The bathrooms are so spacious they have to have their own bathrooms.

PlanoDave
PlanoDave

Really?  Doonsbury re-quote from only 2 days ago?

Bill Lumbergh
Bill Lumbergh

Convince Belo that you really need a new space for running the digital team. Maybe they can cannibalize the "free papers" and throw the money at that lot.

bink sez
bink sez

Why must some Texans try so hard to live up to the worst stereotypes of this state?  This 'home' is an utter monstrosity and vulgarity, but as we Texans like to brag "It shore is big!"

PlanoDave
PlanoDave

Yeah, I've always respected those New Yorkers who live in the Hamptons.  They have such simple little cottages on the water....

TheRealDirtyP1
TheRealDirtyP1

At the risk of sounding hokie, that house is what I picture heaven to be like. Wow.

Real Tor
Real Tor

I guess it wasn't a perfect fit for the auction platform back in August of 2010.

Tom L (No, not that L)
Tom L (No, not that L)

I'm in! If you, me, and 1,029,998 of our closest friends each kick in $10 ...

Robert Wilonsky
Robert Wilonsky

All we need are 10,300 of our closest friends to kick in $1,000. But a warning: I'll wanna do a Texxas Jam on the front lawn.

HEY YOU, IN THE BACK
HEY YOU, IN THE BACK

 I bet Gordon is begging Dan Bennett and The Cat Man that this location is the best for this year's Ticket Compound week.

NewsDog
NewsDog

Will you let Jim have a chicken coop in the backyard?

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