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    Tricked Out Living

    $3.8 million mega "palace" penthouse emerges as the showpiece of a new condo development near River Oaks

    Barbara Kuntz
    Barbara Kuntz
    Mar 31, 2015 | 10:41 am

    The Monroe at Bayou Park, a new $20 million, six-story, luxury mid-rise planned between River Oaks and downtown, promises eight spacious units and a 7,000-square-foot penthouse that marketing materials breathlessly proclaim is "destined to become the single most desirable residence in the storied neighborhood."

    An Al Ross Luxury Homes project with Masa Studio as architect, the complex 1034 Rochow St., is set to include five floors of 3,400- to 4,000 square-foot condominiums available in two floor plans: Three bedrooms and three and one-half baths or two bedrooms, two and one-half baths and a study.

    The six 3,400-square-foot homes are to extend to 468-square-foot balconies, while the two 4,000-square-foot homes will have 1,000-square-foot terraces.

    The mega-penthouse, which is priced at $3.8 million, occupies the entire sixth floor and is designed as a "tricked-out show palace."

    Ten-foot ceilings are planned for all eight residences, as are as hardwood floors, Miele appliances and Eggersmann cabinets in the kitchens and balconies. Prices are expected to range from $1.3 million to $1.5 million.

    The mega-penthouse, which is priced at $3.8 million, occupies the entire sixth floor and is designed as a "tricked-out show palace" with such highlights as 12-foot ceilings, exercise room, game room, spacious master suite, Eggersman cabinets in the kitchen and baths and four parking spaces. A a 963-square-foot terrace will offer an outdoor living space.

    The penthouse will come with the services of a full-time housekeeper five days a week for the first year of ownership. The owner will have the opportunity to design and select all finishes. Two floor-plan options are a three-bedroom, four and one-half bath configuration or an arrangement of three bedrooms, two and a half-baths plus a study and exercise room.

    Building plans also include a private ground-floor motorcourt and 2,000-square-foot-rooftop with a state-of-the-art summer kitchen and dining terrace, in addition to a fully equipped fitness room on the rooftop with skyline views.

    Sales offices on site open April 8, and a groundbreaking is scheduled for Oct. 1. The plan calls for the first residents to begin moving into their homes in December 2016.

    In addition, Al Ross Luxury Homes is donating $10,000 for every one of his homes sold between now and the end of May to Buffalo Bayou Partnership, the public-private partnership spearheading the park’s $58 million upgrade.

    Ross, who has built and sold several upscale spec homes in River Oaks, was born and raised in Iran as RealtyNewsReport.com details. His parents sent him to the United States when he was 13 in search of a better life. He started a business, National Signs, with $200 in his pocket at age 28 and was very successful before selling it in 2011 and launching Al Ross Luxury Homes in 2012.

    Map of The Monroe at Bayou Park with number of steps to arrive at nearby locations.

    The Monroe at Bayou Park map
    TheMonroe.com
    Map of The Monroe at Bayou Park with number of steps to arrive at nearby locations.
    unspecified
    news/real-estate

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    So hot right now

    Houston nails down No. 8 spot among fastest-moving luxury home markets

    John Egan
    Dec 22, 2025 | 1:30 pm
    11095 Memorial Drive exterior
    TK Images for Martha Turner Sotheby's International Realty
    11095 Memorial Drive is for sale for $8.8 million.

    For-sale signs on the lawns of luxury homes in Houston-area communities like Bellaire, River Oaks, West University Place, and The Woodlands are disappearing faster than in most U.S. markets.

    November’s Realtor.com Luxury Housing Report shows luxury homes in the Houston metro area spent a median 61 days on the market in November, up 3.4 percent from last November. That puts the Houston metro in eighth place among the country’s fastest-moving luxury home markets.

    Asking prices for Houston-area listings among top-tier luxury homes started at $794,576 in November, according to the Realtor.com report.

    The Houston Association of Realtors (HAR) says stepped-up activity in the luxury home market helped boost the average single-family home price in the area to $422,552 in November. The luxury market — homes priced at $1 million and above — was the region’s top-performing home category in November, according to HAR, with sales up 23.4 percent compared with the same time in 2024.

    The Realtor.com report ranks San Jose, California, as the fastest-moving metro for luxury home sales in November. There, luxury homes spent a median 56 days on the market, down 6.7 percent from last November.

    “Luxury home dynamics are increasingly driven by local factors rather than national trends,” Antony Smith, senior economist at Realtor.com, says in a release. “Some high-cost metros are experiencing brisk demand and fast turnover, while others face slower sales even at elevated price points. Understanding these local dynamics is key for both buyers and sellers in today's luxury market.”

    Roughly 200 miles west of Houston, the San Antonio metro lands on Realtor.com’s list of the country’s slowest-moving markets for luxury homes. San Antonio-area luxury homes lingered on the market for 99 days in November, up seven percent from the same time last year. That gave San Antonio eighth place on the list of the country’s slowest-moving luxury home markets.

    Asking prices for San Antonio-area listings among top-tier luxury homes started at $766,548 in November, according to the report.

    In November, 5.6 percent of home prices fell into the $750,000-and-above category, according to the San Antonio Board of Realtors (SABOR).

    Bend, Oregon, tops Realtor.com’s list of the slow-moving markets for luxury homes. In the Bend metro area, luxury homes were stuck on the market for a median 146 days in November, up 14.1 percent from the same period in 2024.

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