Preston Hollow Mega-Mansion Snapped Up In Last-Minute Foreclosure Save

A Preston Hollow mega-mansion that spent years haunting Dallas luxury listings has finally found a buyer, slipping out of a scheduled foreclosure sale at the eleventh hour.

Owner Darren Aschaffenburg sold the 16,000-square-foot estate at 9520 Hathaway Street last Tuesday, ending a marathon run of price cuts and relistings that turned the property into a familiar face in the high-end market.

As reported by The Real Deal, the buyers are Michelle and David Peck. The final sale price was not disclosed, and the home was listed at $9 million at the time of the transfer.

After Years On The Market, Price Cuts Did The Job

The house first hit the market in 2021 and went through a long series of price reductions. Listing history on Zillow shows it peaking around $15.5 million in 2022, then sliding down to a $9 million ask earlier this year…

Story continues

TRENDING NOW

LATEST LOCAL NEWS