DALLAS, Aug. 20, 2013 /PRNewswire/ -- New York-based Concierge Auctions is pleased to announce the September 26th auction without reserve of The M Mansion, a premier Dallas estate owned by the family of world-renowned designer Guy Mascolo, one of the founders of the Toni & Guy Hair Salon chain. Inspired by the classic design of a historic French Chateau, the 15,074-square-foot residence is a one-of-a-kind sanctuary complete with multiple gardens, a pool with a stone waterfall and spa, and an acrylic-fenced soccer field. Originally offered for $12 million, The M Mansion will sell to the highest bidder at live auction in cooperation with Rogers Healy of Rogers Healy and Associates.
"I have been selling luxurious properties throughout the country the past 10 years, and this is by far the most stunning property I have listed," stated Healy. "The home has a beautiful layout, complete with ultimate privacy, tranquility, and luxury. I have become familiar with the impeccable reputation of Concierge Auctions and their effective auction process, and I am excited to be working with them for the first time on this property."
Meticulously constructed over seven years, this unparalleled Dallas estate offers nine bedrooms and nine full and three half bathrooms and is perfectly situated on 3.29-acres in the exclusive and gated North Dallas Forty enclave. The heavily wooded landscape works in tandem with the mansion's French motif to evoke a timeless, ethereal atmosphere. Remarkable stone masonry, custom stained glass, hand-carved woodwork, imported doors, and intricate iron railings enhance its unique character. Other luxury amenities include five fireplaces, an elevator, theater room, wine cellar, game room, separate office quarters, private guest quarters and five garage spaces. The romantic outdoor cooking and dining area overlooking the pool is the perfect place to entertain guests, complete with gas cooktop, barbeque pit, warming drawers, and even a pizza oven.
Situated off Frankford Road between Preston and the Dallas North Tollway, the M Mansion enjoys easy access to the lively hustle of downtown Dallas and to commercial and private travel from DFW and Love Field airports – all less than 20 minutes away. As the ninth largest city in the United States, Dallas boasts burgeoning business, cultured cuisine, attention to the arts, respected recreation and athletic teams, and exposure to some of the most elite experiences in shopping, charitable work, and history.
"Following our successful auctions in the Dallas metroplex of Champ d'Or and Grand Gables at Kings Gate, we are excited to represent another signature property in the area," stated Laura Brady, President of Concierge Auctions. "The Dallas real estate market has consistently been a stronghold — one of the healthiest in the country. High-end Dallas buyers have high-end taste, and they understand value. With its extensive custom amenities only minutes to downtown, the M Mansion is a tremendous purchase opportunity, and we look forward to finding its next steward."
The auction of The M Mansion, located at 5540 N 40 Place in Dallas, Texas, will be held live on September 26th. A 2.25% commission is offered to the buyer's representing broker. The property will be open for preview daily from 1-4 pm by appointment. See Auction Terms and Conditions for full details. For more information, visit DallasEstateAuction.com call 877.762.9436 or join the social discussion at #MMansion.
About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $400 million in properties since its founding in 2008. For more information, call 888-966-4759 or visit ConciergeAuctions.com.
This property is listed for sale by Rogers Healy and Associates (ROGE01) - 4925 Greenville Ave, Suite 360, Dallas, TX 75206 (214) 207-9580. Broker Rogers Healy (0521610). Concierge Auctions, LLC is a marketing service provider for auctions, is a licensed auctioneer (#AU-C002842) - Auctioneer Frank Trunzo - and is not a licensed Real Estate broker - 777 Flagler Drive, W Palm Beach, FL 33401 (888) 966-4759. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. See Auction Terms and Conditions for full details.
SOURCE Concierge Auctions