A sprawling Houston estate modeled after a European castle is back on the market at a price point more familiar to coastal buyers.
The 22,000-square-foot home dubbed the Lodge at Hunters Creek, at 107 Timberwilde Lane, relisted for $59.9 million — or about $2,723 per square foot, the Houston Chronicle reported.
That’s the most-expensive publicly listed home price in Texas, according to the Houston Association of Realtors. The 9-acre property overlooking Buffalo Bayou is now represented by Coldwell Banker’s Carol Wolfe, who took it over from the previous agent and raised the price by $10 million from its ask last year.
The mansion has appeared on and off the MLS for years, but Wolfe is betting that Houston’s expanding pool of high-net-worth buyers will see value in what she calls a “fortress-level” property with craftsmanship and materials comparable to estates in Beverly Hills or Palm Beach.
“Estates of this scale and pedigree often command $80 million to $100 million in other markets,” Wolfe told the outlet, adding that Houston’s luxury homes are undervalued by national standards.
The property listed in 2022 for $60 million and increased to $65 million for a few months the following year before dropping to $49.9 million, where it stayed for a year before the listing was removed in November, according to its Redfin listing history.
The estate took six years to construct and was completed in 2005. It includes a 3,500 square-foot guest home as well as staff quarters.
Built by seller Colleen Romanov, the estate channels Richardson Romanesque design with limestone from the same Indiana quarry used for the Empire State Building and the Pentagon. The home blends old-world architecture with discreet modern technology — such as carved mahogany woodwork, hidden doors and a two-story library accented by iron detailing, situated alongside concealed televisions and sound systems.
The estate has manicured gardens, a pool house and a guesthouse designed in Texas Hill Country style, all tucked behind gates in the affluent Memorial Villages enclave.
Wolfe compared the listing to the most-expensive house ever sold in Houston, at 120 Carnarvon, a 27,000-square-foot mansion that sold for more than $21 million in 2022, or about $778 per square foot. The Romanov estate is asking almost triple that, and a sale anywhere near that would turn heads in the national ultra-luxury market.
Sales of homes priced above $10 million in Houston surged 75 percent year-over-year in 2023, according to Compass, and the number of millionaires living in the city has jumped 75 percent in the past decade, to roughly 82,000.
— Eric Weilbacher
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