A just-completed sale entails considered one of Denton County’s best-known properties.
The Champ d’Or property was thought-about Texas’ largest residence when it was in-built 1999. The 48,000-square-foot mega mansion price $52 million when it was constructed north of Lake Lewisville in Hickory Creek.
Patterned after a French chateau, the house has the whole lot from a bowling alley to a hair salon.
There’s a two-story library, a ballroom, a theater room, a conservatory, a tennis courtroom, a racquetball courtroom and a wine room. A separate tea room is modeled after New York’s Tavern on the Inexperienced
The storage has areas for 20 automobiles.
Since 2018, the grand property on Turbeville Street has been owned by a Denton restricted partnership that operates the property as an occasion middle referred to as The Olana.
The weddings, company and retreat venue is ready to get an improve after the sale of the land beneath the buildings to a Missouri-based investor.
St. Louis’ Twain Monetary Companions acquired the property as a strategy to fund a brand new 110-room luxurious resort with a restaurant, a spa and a 36,000-square-foot design studio. “We bought the bottom and entered right into a lease with the homeowners of the enhancements,” challenge supervisor Zakary Boyer stated in an e mail.
Initially constructed as a non-public dwelling for a rich telecom trade tycoon and his spouse, the large home proved pricey to occupy and was later bought for a fraction of its authentic price.