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Local luxury realtor has second best January ever, million dollar homes a hot property

Bucking the trend, multi-million dollar homes, like this one in Tanglewood, are a hot property in some markets.

One of the city's leading luxury real estate firms would like to take exception with the recently announced trends in Houston residential real estate. While the Houston Association of Realtors reports that sales of homes priced $500,000 and higher were down 9 percent during January, John Daugherty, Realtors is boasting its second best January since its founding six decades ago.

During the first month of 2016, the company had pending sales for 38 homes priced at more than $1 million. Twelve of those have already closed and 26 are pending.

"The definition of luxury as simply 'over $500,000' throughout the entire region does not define the luxury market today," counters Cheri Fama, John Daugherty president and COO, in a statement.

"We are seeing a healthy and consistent demand for quality properties in strong neighborhoods," she continued, adding that sales are brisk in February as well.

Go figure.

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spacious memorial mansion

Striking French-inspired Houston estate hits market for $12.75 million

TK Images for Martha Turner Sotheby’s International Realty

412 Timberwilde Lane sits on more than two acres in Hunters Creek Village and is on the market for $12.5 million

A magnificent estate awaits in one of Houston’s most desirable neighborhoods. 412 Timberwilde Lane is a stunning brick and limestone home, inspired by French country manor houses. It’s on the market for $12.75 million and represented by Jay Monroe and Stephen Warrell ofMartha Turner Sotheby’s International Realty

Nestled on nearly 2.5 acres of meticulously manicured grounds in exclusive Hunters Creek Village, this home blends old world elegance with modern amenities, including 24/7 private security. The grand foyer’s soaring ceiling sets the tone upon entry, announcing that 412 Timberwilde Lane is something special.

Consider the formal library, with its rich, paneled walls and cross-beam ceiling, and the spacious dining room with its cozy fireplace. The living room offers breathtaking views of the rear gardens, pool, cabana, and tennis courts. Just off the kitchen, a light-filled breakfast room is a perfect place for morning coffee and admiring the grounds.

The primary suite is the embodiment of luxury, with dual bathrooms and ample closet space, ensuring comfort and convenience. This private oasis is a place to unwind and relax.

The home’s second floor offers a floor plan that can be tailored to suit any lifestyle. The bedrooms are generously sized with large closets and private baths. A playroom with a built-in playhouse castle makes for a perfect spot for kids’ imaginations to run wild. Other rooms could be utilized for a second home office, exercise room, yoga retreat, crafting space, or whatever else a family might need.

The third floor offers a game room featuring a wet bar, billiards area, and a big-screen TV, making it the ultimate place to relax and have fun with family and friends. The outdoor areas include an in-ground pool and summer kitchen, perfect places.

This one-of-a-kind estate offers an array of amenities for living and entertaining. Its location is both convenient to the city and a restful retreat.

Photo by TK Images for Martha Turner Sotheby’s International Realty

412 Timberwilde Lane sits on more than two acres in Hunters Creek Village and is on the market for $12.5 million.

home-for-sale

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spacious memorial mansion

Striking French-inspired Houston estate hits market for $12.75 million