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Houston's Booming Luxury Home Market Centers On These 5 Neighborhoods

| December 4, 2020 | Home & Real Estate

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3418 Nottingham St. was listed at $2,999,900. The listing agent was Melinda Noel and the selling agent was Heidi Dugan.

Is everything really bigger in Texas? Judging by the homes sold in October, H-Town is king of the supersize sale. These zip codes prove that Houston really is the city with no limits.

According to the Houston Association of Realtors, total sales from the 101 most expensive single-family homes sold throughout the Houston area for all of October centered on five neighborhoods. Based on listing prices, as final sale prices remain private, each home on this list is more elegant, expansive, and awe-inspiring than the last.

Although five areas surfaced most often, a total of 35 zip codes are represented (see complete chart at the bottom), though only 15 of those boast two or more of the most expensive sales. Even more surprising is that just 5 zip codes accounted for 56 percent of total sales dollars from the top 101 listings.

The most affluent abodes gather in the western half of the city, ranging from French-style mini castles to colonial estates and stunningly-modern mansions. Some of the priciest homes were built in 2020, though the most expensive home on our list has been around long enough to see two Texans in the White House.

See also: The Real Deal: 9 Most Jaw-Dropping Homes To Hit The Market Across The Country

#5: 77056 - Tanglewood

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5406 Tilbury Dr. was listed at $3,245,000. Michael Afshari served as both the listing and selling agent.

Coming in fifth on our list is a picturesque zip code in western Houston. Comprising parts of the West Oaks, Tanglewood and St. George Place neighborhoods, this tree-lined suburb is a few minutes drive from Memorial Park and was home to former President George H.W. Bush. Here, you'll find single-family homes, high-rise condos, and six of the highest-selling homes in the city. October sales incuded a charming five-bedroom with brick facade and living oak landscaping listed for $1,597,000, and a stunning estate with an enviable pool and spa listed at $2,550,000, but it was the classic Dutch-inspired five-bedroom/six-bath on Tilbury Drive that took the cake. Designed by Robert Dameand and built this year, the luxuriously-modern property was listed for $3,245,000. It boasts a 50-foot, window-lined living room, gourmet kitchen, and a relaxing master bath with glass-enclosed shower and freestanding tub. It also has one of the most unique facades in Houston. No doubt the brand-new home will have a long and storied list of occupants.

#4: 77019 - River Oaks Area

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3950 Inverness Dr. was listed at $7,500,000, the highest listing sold in October. Laura Sweeney acted as listing agent, and Walter Bering represented the seller.

With only six homes in the top 101, the zip code with the highest average listing price is all about luxury. Nestled between Memorial Park and downtown Houston, this group extends from the Fourth Ward to the River Oaks Country Club and parts of Buffalo Bayou Park. Four of the homes that sold in this neighborhood made the top 20, including a lush and welcoming Georgian listed at $2,875,000, a remodeled colonial built in 1947 for $2,799,000, and an elegant new construction in contemporary French style fresh on the market at $3,295,000. Somehow they all pale in comparison to the most expensive listing in the region - which just happens to be the most expensive sell in all of Houston this October. Listed at a grand $7,500,000, this Spanish-Mediterranean single-family in River Oaks Tall Timbers was built in 1986 and still impresses. It fills its acre lot with 9,640-square-feet of estate. Completely customizable, it contains a banquet-sized formal area, a paneled library, a master suite with a private terrace, four guest bedrooms, two staircases, and four fireplaces. Truly, the piece de resistance is that backyard and pool. The stuff of fairy tales, this one, and what a fine home it must make for the lucky buyer.

#3: 77027 - River Oaks / Highland Village / Royden Oaks

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2023 Drexel Drive listed for $4,595,000. Mike Mahlstedt worked as both the listing and seller agent.

South of Memorial Park and surrounding the Apple Highland Village shopping center is a group of high-priced homes that stand tall among the crowd. With only eight listings sold, this zip code still clears the second-highest average at $2,587,875. Succinct as the group might be, prices ranged widely from a fanciful, remodeled village home listed at $1,625,000, to a cozy and traditional oak-lined single-family for $2,350,000, and a contemporary Mediterranean resort-style property at $2,625,000. The $4,595,000 English-style built this year was the most expensive listing in this area. Coming in at 7,920-square-feet on a 16,300 square-foot lot, this home's impressive sophistication shines in minimal details, giving the foyer, open-concept family room, and chef's kitchen a comfortable feel despite their expansiveness. The climate-controlled wine cellar and floor-to-ceiling glass doors that connect living room to backyard are the ultimate touch of luxury in what manages to feel like a very charming home.

#2: 77005 - Rice / West University

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3418 Nottingham St. was listed at $2,999,900. The listing agent was Melinda Noel and the selling agent was Heidi Dugan.

Just off the Houston Zoo and the McGovern Centennial Gardens sits a quaint and affluent neighborhood known for brick bungalows and stately colonials. There's plenty of new construction, too, hidden in these woodsy streets. It's also where you'll find the sweeping green campus of Rice University. A healthy 15 homes in the area made our list of highest sellers, with an average listing price of $2,003,460. Properties ran the gamut of a traditional rose-brick on Belmont Street for $1,488,000, to a white-brick new construction on Jardin Street for $2,679,000. Still, at a listing price of $2,999,900, someone made a home of the alluring two-story cottage-style mansion at 3418 Nottingham St. The grand foyer is stunning in chevron wood panels and a romantic spiral staircase. Rich mahogany runs throughout, from the office to the kitchen cabinets, while the backyard features a pool, pergola, and covered back porch with a summer kitchen.

#1: 77024 - Memorial Villages

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11526 Wendover Lane listed for $4,999,999. Vickie Driscoll worked as listing agent, while Karen Harberg represented the seller.

An impressive 18 of the 101 most expensive listings in all of Houston can be found in the Memorial Villages of Hedwig, Bunker Hill, Hunters Creek and Piney Point. West of midtown and just north of uptown, the zip code appears as a deep green patch among the urban sprawl. It's an upscale residential enclave that brims with jaw-dropping estates. From decadent French-styles to clean English manors and sleek modern architecture, you can find something to please every taste. This October, a 31,442-square-foot lot sold at a listing price of $1,600,000, while a regal Mediterranean designed by Robert Dame and outfitted with a French-style courtyard listed for $2,950,000. The region is also where you'll find the third-highest listed home sold in October throughout all of Houston. Fashioned like a French castle of Normandy, the six-bedroom, five and two half-bathroom on Wendover Lane listed at $4,999,999. With two staircases, an elevator, and unique "fandoliers" (ceiling fan/chandelier by Potter Art Metal Studios), it's the kind of breathtaking home of daydreams. This place comes with a spa-inspired onyx and marble bath, walk-in closets, a game room, home theater, loggia, and a Baja ledge pool and outdoor spa. Be still, our hearts.

Check the graphic below for a complete breakdown of the top 101 listings sold in the Houston Area for October 2020.

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