A European-inspired estate in River Oaks was the most-expensive home sold in the Houston area this month, according to the Houston Association of Realtors.
The home at 19 West Lane was listed for $8.5 million and sold on March 14 for an undisclosed price between $7.8 million and $9 million, the Houston Business Journal reported. The asking price pencils out to $786 per square foot.
The 10,800-square-foot home sits on a little under an acre in the Tall Timbers section of River Oaks, just north of the Highland Village shopping center.
Mike Mahlstedt of Compass Real Estate listed the property, while Laura Sweeney, also with Compass, represented the buyer. The buyer and seller weren’t identified.
Designed by Eubanks Group, the residence features European architectural elements, including loggias, gardens and terraces. The interior showcases centuries-old reclaimed materials, such as antique doors, a 17th-century double-faced stone fireplace, reclaimed terra cotta tile floors, antique wood beams and imported limestone flooring, according to the listing. The home underwent renovations in 2022 and 2023.
Amenities include a pool, pavilion with an outdoor kitchen and dining area, and a three-car garage with guest quarters above. The home has five to six bedrooms, six full bathrooms, and two half-baths.
Another home among the top 10 most expensive sales this month was 4018 Meadow Lake Lane, located just across the street from 19 West Lane. Mahlstedt also listed that home, which was priced at $3.09 million and sold for between $2.87 million and $3.31 million.
The luxury market in Houston is thriving, and demand for high-rise condos is evident with developments like the St. Regis and Ritz-Carlton branded condo projects underway. Despite challenges such as fewer high-end listings and competition from Dallas, the ultra-luxury segment has shown resilience, with home sales over $10 million surging significantly.
—Rachel Stone
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