Price of epic Houston estate jumps to $65M

A palatial estate in Houston’s Hunter Creek neighborhood is the most expensive listing in Texas, after a price hike.

The 22,000-square-foot mansion at 107 Timberwilde Lane sits on 9 acres in a scenic private peninsula. It’s now asking $65 million, roughly a year after it was listed at $60 million, Bloomberg reported. 

The Hunters Creek mansion is now Texas’ priciest home, leapfrogging a $60 million Dallas home that hit the market last month. The property was previously shopped as the Romanov Estate in 2021 before Icon Global made it available to the public last year. The home is now being represented by California-based brokerage Carolwood Estates, the outlet said.

The estate could be on the market for a while given Houston’s sleepy residential market. Home buying activity has cooled since the housing boom peaked last summer, before interest rates began to rise. 

However, owner Colleen Romanov thinks the price increase is warranted.

“It was underpriced to begin with,” Romanov told the outlet. “I think it deserves $85 million, but realistically, I don’t think it will get that for the location in 2023.”

The house, which took six years to build and was completed in 2005, boasts lavish features such as solid bronze chandeliers sourced from Paris, and Indiana limestone on the exterior. There are six bedrooms, eight bathrooms, an elevator, a five-car garage and a chef’s kitchen with a walk-in cooler. The estate offers picturesque views of Buffalo Bayou and Houston’s downtown skyline. Outside there are fountains and a pool enveloped by a manicured garden. 

Romanov aimed to create a residence that evokes the charm of English manor houses rather than the typical Texan style. The property’s location holds historical significance, as it was once a hunting ground before Houston’s development. Actress Shirley McClain stayed in the guest lodge, which predates the main house, during filming of the 1983 movie Terms of Endearment.

—Quinn Donoghue

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