"The Point" is quite literally the point of convergence between Preston Road, Armstrong Avenue, and Lakeside Drive. Norman & Young

Real Estate

Hot Property: ‘The Point’ Along Lakeside Drive

The famous Highland Park fountain could be just steps away from your front door, located at the ultimate Dallas address.

Like a lot of people, I try to take Lakeside Drive when I can. Even if it takes a bit longer than Oak Lawn or McKinney Avenue, it makes for such a pleasant drive, and one that usually culminates with a visit to the Ashley Priddy Memorial Fountain, a five-tiered, bubbling beauty that welcomes you to Highland Park.

Also like a lot of people, I end up sitting in front of that fountain for a good long while, waiting for Oak Lawn and Preston’s always-sluggish stoplight to change. If you have the misfortune to be at the end of a long car cue line, your eyes will eventually wander over to what I now know is The Point, a 2.341-acre peninsula of trees comprised of 4311 and 4321 Lakeside Drive.

Perhaps you, like me, thought this was nothing more than a hard-to-access park with a really nice pecan tree, but as of this week, the lot is officially on the market and available to be whatever you want it to be. (As long as you have $13 million to spare.)

Per Briggs Freeman Sotheby’s, where the lot is listed with Faisal Halum, there’s room for two single-family homes here, but the possibilities (if approved by the Town of Highland Park) are relatively endless. And wouldn’t it be the most Dallas statement of all to make this highly covetable and highly trafficked spot the site of your own grand estate? To have the ultimate address at the convergence of Preston Road, Armstrong Avenue, and Lakeside Drive? Why share that 150-year-old pecan tree with anyone when it could be yours and yours alone?

It’s certainly something to think about. I look forward to seeing how it all plays as I wait to turn on Preston Road.

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