Thursday, March 28, 2024 Mar 28, 2024
47° F Dallas, TX
Advertisement
Business

Former Preston Hollow Home of Mary Kay Ash Meets the Wrecking Ball

Observer says the pink-hued, 11,874-square-foot mansion, last sold in 2015, was "un-saveable."
By Lily Corral |
Image

The former home of the late Mary Kay Ash, the founder of Dallas-based Mary Kay Inc., looked to be under the wrecking ball Tuesday morning. The 11,874-square-foot mansion, located at 8915 Douglas Ave. in Old Preston Hollow, was built in 1984. According to Dallas Central Appraisal District records, the home is valued at $1.91 million. Its desirability is listed as “very poor.”

According to city of Dallas records, a demolition permit was issued for the property on March 6. The pink-hued home, which has six bedrooms, five full bathrooms, and four half-bathrooms, sits on 1.05 acres. Dallas-based Pelicans Corp. Services LLC is listed as the property’s owner. Allie Beth Allman, president and CEO of Allie Beth Allman & Associates, said that her Dallas real estate firm had represented the property’s previous owner, Dr. Karen Gillum, when Gillum sold the property in December 2015 to Pelicans. According to reports, the sale price was $1.9 million, down from a previously listed price of $5.7 million.

Someone very familiar with the Mary Kay home says that, like many Dallas mansions of that era, the residence was so “specialized and personalized” that tearing it down—and presumably putting up something new in its place—would be the sensible thing to do. “It may have started out as a great custom house, but, over the course of time, it was just not kept up,” this observer says. “In my view, it was un-saveable.”

IMG_0943

IMG_0940

Related Articles

Image
Travel

Is Fort Worth Really ‘The New Austin’?

The Times of London tells us it's now the coolest city in Texas.
Image
Dallas 500

Meet the Dallas 500: Chakri Gottemukkala, o9 Solutions

The o9 solutions leader talks about garnering a $3.7 billion valuation, growing 10x over the next few years, and how the company is innovating.
Image
Local News

An Early Look at 2026 FIFA World Cup Logistics

The World Cup matches will be held in Arlington, but Dallas will be home to a great deal of team and fan experiences. We're getting an early look at what that will look like.
Advertisement