Reserve Set for 48,000 Square Foot Champ D’Or Auction on March 30: Welcome to The Chopping Block of Dallas Real Estate News

I see Steve Brown now has the Champ auction story up behind the Dallas Morning News pay wall, which I subscribe to. Nothing new in his report except that the auction house handling the sale once sold one of Cher’s $8.7 million Hawaiian homes. (See what that means.) Meantime, here’s the website for the auction. I have been placing a lot of office bets with people on what the reserve price will be — that is, the seller’s bottom line price. Looks like it is $10.3 million. And for your viewing pleasure, here’s the video Ebby Halliday made when Greg Cagle had the listing: Cinderella parties!

The agents who have tried to sell this home are Joan Eleazer Briggs-Freeman Sothebys, Doris Jacobs Allie Beth Allman, Greg Cagle Ebby Halliday, Cindy Frey Coldwell Banker, Elaine Whitfield & Mathew Edwards, Dave Perry-Miller, Joan Eleazer again and again.

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Comments
Richard says:

I want to throw up! Obscene riches. Remember babe, someday your be in a box in the ground. You’ll have the same square footage as all of us.

Jack Smith says:

A woman that builds a place like this should be commited. Maybe there is a unicorn in the deal as well. Remember,"God," told her to build it.

Candy Evans says:

Oh Alex, I will never forget that one… great idea for a post! When are we going to get together? I saw your uncle the other night…

@ Jeff
Wouldn’t be the first time around here where there was an "accidental" fire on a mega-expensive estate

Jeff P. says:

The saga of Champ D’Or should be required reading for anyone who is about to shell out millions to build the home of their dreams, only to find that their taste is so very obscure, or that the comps in the area are so disproportionately lower by comparison. The owners will never recoup their investment, and from the sound of what I’ve read about this place, they didn’t even live in it for very long at all to enjoy that upon which they spent/wasted a fortune.

I certainly hope the owners are not strapped for cash. If I were in their shoes I would have had an accidental fire about a year ago.