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    River Oaks Party Palace

    River Oaks' Party Palace: Opulent mansion with a crazy history — and a baron past — hits the market

    Barbara Kuntz
    Barbara Kuntz
    Aug 9, 2014 | 11:58 am

    Editor's Note: Houston, the surrounding areas and beyond are loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.

    Late-night pasta and caviar dinners, grand soirées attended by the rich and famous and extravagant fundraisers — all held in the the lavish setting of a glass-enclosed, air-conditioned, swimming pool lit by numerous chandeliers — were all in a day's (and night's) play for the former host and owner of an opulent River Oaks mansion.

    The palace-like manse, previously the home to the late Baron Ricky di Portanova and Baroness Alessandra di Portanova, is being sold privately for an undisclosed amount. The current owners are not publishing the address. Rather, that information may be secured through the listing agent, Moni Bohnisch, by serious buyers only.

    A bit of background

    Few couples in Houston social history have entertained like the di Portanovas, who hosted lavish parties that longtime Houstonians still remember for an over-the-top atmosphere where everyone always had a good time.

    Di Portanova left Rome and came to Houston in the early 1960s to claim his inheritance as the grandson of Hugh Roy Cullen, the Texas oil magnate known as the King of the Wildcatters. His mother, Lillie, was Cullen’s daughter, and his father was Baron Paolo di Portanova of Italy. In one of the biggest estate legal cases in U.S. history, the amount he received each month was increased from $5,000 to $1.2 million a month.

    Friends recall one party in particular in which Sir Roger Moore, then starring as James Bond, arrived by helicopter while models in cat suits rappelled down the side of the house, klieg lights lighting up the scene.

    In 1973 Di Portanova married his second wife, Sandra Hovas of Houston, who transformed herself into the Baroness Alessandra di Portanova. Shortly after, they moved into the then-stately home on this most prestigious street in River Oaks.

    When a deal to buy the fabled 21 Club in New York as birthday gift for his wife fell through, di Portanova concentrated on revamping the River Oaks mansion, enclosing the entire backyard in a sleek, yet massive structure, creating an indoor garden and pool area where the couple entertained lavishly for many years. Friends recall one party in particular in which Sir Roger Moore, then starring as James Bond, arrived by helicopter while models in cat suits rappelled down the side of the house, klieg lights lighting up the scene.

    The baron's obituary, published in the New York Times, noted that he once listed the best things in life as ''sun, sex and spaghetti." The obituary went on to note that jet-setting di Portanova referred to his Lear jet as his taxi and had so much luggage that it had to be sent on commercial airlines with the servants.

    The di Portanovas also had homes in Rome and Acapulco, where their spectacular villa named Arabesque became a vacation destination for many of the world's leading entertainment and political figures. The first party at the villa was for Henry Kissinger and his wife, Nancy. The house was also used as a backdrop for the James Bond movie, License to Kill.

    New owners purchased the home in 2006 and conducted a major facelift of the property.

    The River Oaks mansion

    The Neo-Classical estate is situated on more than an acre of manicured grounds. The reception hall with spiraling marble staircase opens to multiple entertaining areas surrounding the 12,000-square-foot indoor party space with salt-water swimming pool.

    Lavish details such as marble floors, Venetian plaster walls and elaborate moldings with gold accents are found throughout the mansion. Other features include a mahogany-paneled library, gourmet kitchen, gym with spa and home theater.

    The master suite includes a private balcony overlooking the interior party space and is one of the seven bedrooms in the house. The three-car garage is attached.

    When enclosing the back of the house, the di Portanovas added a luxe two-bedroom guest suite where a parade of Hollywood stars bunked during Houston visits.

    Square footage: 21,500

    Listing agent: Moni Bohnisch

    The grand foyer with marble staircase.

    14 On the Market 2115 River Oaks Blvd. August 2014
    Photo courtesy of © TK Images
    The grand foyer with marble staircase.
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    income news

    This affluent Houston neighbor is America's 2nd wealthiest suburb

    Amber Heckler
    Sep 3, 2026 | 1:00 pm
    West University Place, Houston, Texas
    City of West University Place, TX - City Government / Facebook
    West University Place is the fourth best suburb for house renters in Texas.

    West University Place has long been considered Houston's richest suburb, and a new study has revealed this affluent enclave has climbed to the top to become the second wealthiest in America.

    The report from GoBankingRates, called "America’s Wealthiest Suburbs Today Compared to 10 Years Ago," tracked the average household income across the nation's 50 wealthiest suburbs from 2014 to 2024. Cities had to have at least 5,000 households and be part of a large metro area to qualify. Income data was sourced from the Census Bureau.

    In the new report, West University Place moved up one spot to become the second richest American suburb after ranking third for two consecutive years. Its current ranking is also two spots higher than where it ranked in 2016, at No. 4 nationwide.

    The findings also confirm that its residents have certainly become richer over time. According to Census Bureau data, West U. households made $294,723 in average income 2014, which has since surged to $439,594 in 2024.

    One more Houston neighbor, Bellaire, also appears among the 50 wealthiest American suburbs. Bellaire now ranks 18th, up from No. 23 last year. Bellaire households made $335,492 on average as of 2024, up from $226,295 in 2014.

    Of course, calling either city a "suburb" is sort of absurd, as the late Ken Hoffman hilariously argued in a 2024 column. "A little research or even a phone call would have told them that neither West U nor Bellaire is a suburb. Both are fully independent cities that are completely surrounded by Houston on all sides," Hoffman wrote.

    Other affluent suburbs in Texas
    Dallas-Fort Worth neighbors University Park, Southlake, and Colleyville are also named among the top 50 wealthiest American suburbs for 2026.

    University Park maintains its elite status as the sixth wealthiest suburb in America for the third year in a row. Households made $407,253 on average in total annual income in 2024, up from $254,422 in 2014.

    Southlake is the country's eighth wealthiest suburb for 2026, up from No. 16 in 2016. Average household income in this bustling city has grown from $232,034 in 2014 to $384,530 as of 2024, for a growth rate of about 66 percent.

    Colleyville, meanwhile, has dropped down the list of the wealthiest suburbs over the last 10 years. It currently ranks 46th but previously ranked 28th in 2016. Average household income in this particular DFW city has increased 35 percent, from $205,828 to $277,720 in 2024.

    The top 10 wealthiest suburbs in America in 2026 are:

    • No. 1 – Scarsdale, New York
    • No. 2 – West University Place, Texas
    • No. 3 – Rye, New York
    • No. 4 – Los Altos, California
    • No. 5 – Paradise Valley, Arizona
    • No. 6 – University Park, Texas
    • No. 7 – Alamo, California
    • No. 8 – Southlake, Texas
    • No. 9 – McLean, Virginia
    • No. 10 – Orinda, California
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