For Sale: 1.2 Acres for $12.5 Million
May 5, 2009 by Eric OKeefe
Every now and then, a listing comes along that is a flat-out jaw-dropper. Some, like the Bell Ranch at nearly 500 square miles, defy comprehension because of sheer size. At 186′ x 300′ this residential lot in the Dallas suburb of Highland Park takes the prize for price: $10+ million per acre.
Go ahead and take a closer look at 4500 Lakeside Drive. I walked it myself. Took about two minutes. Can’t make it to Dallas? Check out the website of the brokerage with the listing: Allie Beth Allman & Associates.
P.S. No ag exemption.
More Field Reports From The Land Report:- Sold! Steamboat’s Perry Ranch
A well-known Rocky Mountain landmark, Colorado’s 470-acre Perry Ranch, sold for $11 million ($23,000+ per acre). The sellers paid $13 million for the Routt County ranch in 2007 intending... - On the Block: Aubrey McClendon’s 271 Ranch
Aubrey McClendon’s 271 Ranch goes on the block Thursday, August 5. The National Auction Group is handling the sale, which is scheduled for 11 a.m. (CST) at the ranch... - Sold! Boot Jack Ranch Goes for $47 Million
One of the country’s premier listings, Colorado’s Boot Jack Ranch, sold earlier this month for $47 million. Originally listed at $88 million more than two years ago, the price had... - For Sale: Colorado’s Dallenbach Ranch
A disappointing number of sports stars plow their money into poor investments. Not Wally Dallenbach. In the early 1970s, the legendary Indy car racer took his winnings from the... - For Sale: Kevin Costner’s Field of Dreams for $5.4 Million
By all accounts, it’s the typical sort of listing you see advertised in The Land Report: FOR SALE. 193-acre corn farm for sale in eastern Iowa for $5.4 million. Owned...
News Feed
I know that everything is bigger in Texas, but you would be the biggest idiot in Texas to by this little bit of land for sooooo much money. This seems overpriced!