Walnut Place: A Dallas Masterpiece Redefined – The Crespi Estate’s Grand Legacy

Stepping onto the grounds of Walnut Place, formerly known as the Crespi Estate and meticulously rechristened by its esteemed owners, Thomas O. and Cinda Hicks, is an experience that transcends mere description. This iconic Dallas mansion, spanning an impressive 35,275 square feet (or 67,689 square feet when including its expansive terraces), offers a once-in-a-lifetime journey into unparalleled luxury and architectural splendor. Now, this Dallas landmark, recognized as the city’s most expensive home, is presented to the market, exclusively listed with the distinguished agents Allie Beth Allman and David Nichols from the brokerage bearing Allie Beth’s esteemed name. Previously marketed with a strategy emphasizing utmost exclusivity by Doug Newby, the estate remained largely unseen by many local Dallas agents, perhaps suggesting an expectation that its ultimate buyer would emerge from an international discerning clientele. Its promotion adorned every premier private jet publication, yet remarkably, it had never before appeared on the Multiple Listing Service (MLS)—until now.

The Grand Estate: Grounds and Approach

A recent Thursday marked a historic moment as this extraordinary Preston Hollow estate opened its gates for the very first time to the agents of Allie Beth Allman, leaving everyone utterly captivated. The arrival experience at 10000 Hollow Way, as one gracefully navigates the private gates, evokes the sensation of driving through the serene French countryside, leading to a magnificent chateau nestled deep within a lush forest. Despite its expansive 25.25 acres, the estate boasts remarkable proximity to urban conveniences, being mere seconds from the Dallas North Tollway entrance and approximately a seven-minute drive to downtown Dallas during periods of minimal traffic. For those working in Preston Center, the location is even more advantageous, with a leisurely four-mile stroll being a viable option.

The estate’s thoughtfully designed drive branches, guiding visitors either right or left before converging into a crushed limestone auto courtyard. This carefully chosen vantage point is where the original Crespi Estate, conceptualized by the renowned architect Maurice Fatio, was strategically positioned to maximize its stunning pastoral views. The drive itself serves as a transition into another world, an idyllic escape where every vista from the mansion contributes to a cohesive, natural aesthetic. The property is a haven of tranquility, overlooking a dense forest of trees and a meandering creek. It features sprawling meadows and well-maintained trails, a picturesque year-round pond, and even a discreet helipad with a lighted landing area that ingeniously blends into the landscape with grass when not in use. Two elegant courtyards, each adorned with 16 stately magnolia trees, a dedicated greenhouse, and a formal rose garden further enhance the estate’s charm. For sustainability and self-sufficiency, a 1500-foot-deep well was drilled on the property, providing purified water to meticulously irrigate the expansive grounds, maintaining their pristine condition.

Architectural Marvel: The Main House Entrance and Seamless Expansion

Entry to the main residence is through an exquisite ornamental steel front door, leading directly into the heart of the original 1938 Crespi estate. What immediately strikes visitors is the absolutely seamless integration of the addition, masterfully completed by John Sebastian. This renovation is a testament to an unwavering commitment to authenticity and perfection. It is said that the Hicks family went to extraordinary lengths, not merely adding new limestone for the exterior, but reopening the very quarry in Indiana that supplied the original stone in the 1930s. This meticulous effort allowed them to excavate material from the identical geological stratum, ensuring the highest possible chance of a perfect match. As with fine fabrics, no two stones are ever precisely alike, making this dedication to matching even more impressive. To further harmonize the new Indiana limestone with the aged original, a specialized Corian technique involving light sandblasting was employed, expertly removing any trace of ‘newness’ and creating a unified, timeless facade.

The interior of this magnificent home exudes a breathtaking balance and perfect symmetry, beginning with the grand marble-floored gallery hall that elegantly spans the entire breadth of the main house, setting the tone for the lavish spaces beyond.

A Journey Through Exquisite Interiors

The Formal Dining Room: A Symphony of Elegance

To the right of the grand entrance, one discovers the formal dining room – a space of generous proportions, yet without feeling overwhelming. Its floors, a striking oak chevron pattern with a deep ebony finish, were painstakingly imported from France, speaking volumes of the home’s global influences. This room offers a captivating juxtaposition, where contemporary art pieces are gracefully integrated within a classically traditional setting. A grand dining table commands the center, comfortably accommodating large gatherings, while a smaller, cozier secondary table provides an intimate alternative. The walls are finished in a high-gloss lacquer, adorned with intricate ornamental plaster accents that catch and reflect the light, creating an atmosphere of refined sophistication.

The Renovation Masterpiece: Unveiling Unprecedented Detail

The story of Walnut Place is intrinsically linked to its ambitious renovation. The Hicks acquired the estate in 1997, granting Mrs. Crespi a life estate on the property, though work on the home soon commenced. This monumental renovation, spanning from 2000 to 2003, took 33 months to complete. At its peak, up to 250 skilled individuals worked on the estate daily, a testament to the sheer scale and complexity of the project. The level of detail achieved is almost beyond belief: from the intricate, hand-carved dentils in the ceiling moldings to the thirty coats of automotive lacquer paint applied to the chocolate-colored walls of the back corridors, every element reflects an unwavering commitment to classic grace and perfection. The transformation speaks to a vision of enduring beauty, where every nuance was carefully considered and executed by master artisans.

Culinary Excellence: Kitchen Wing & Conservatory

This wing of the house houses the inviting Breakfast Room, floored with intricately patterned, imported French wood that adds warmth and character. Surprisingly, for a residence of such grand scale, the kitchen maintains a cozy and intimate ambiance, yet it functions with the efficiency of the finest commercial gourmet kitchens. It boasts antique French terra cotta floors and a backsplash crafted from 17th-century manganese tiles, painstakingly acquired at auction over three years. Culinary enthusiasts will appreciate the dual sinks, four ovens, and a ten-foot-long La Cornue Diva range stove, a premium appliance valued at approximately $65,000, complemented by commercial-grade ventilation and a European tile backsplash. The kitchen cabinet millwork is absolutely flawless, finished with a subtle glaze, and features elegant linen inserts behind glass doors. From the kitchen, a hallway, paved with imported European limestone, leads gracefully into the Conservatory.

The Conservatory, a magnificent addition during the renovation, is a true sanctuary. It features exquisite marble floors and stately limestone fireplace mantels. A hidden luxury lies beneath the marble, where hot water tubes are embedded, providing radiant floor heating for year-round comfort and warmth.

Adjacent to the kitchen, the Butlery serves as another generously sized room, perfect for more casual dining or as a dedicated space for children and nannies. It features a central dining table, additional counters that harmoniously match the kitchen finishes, another sink, and commercial refrigeration units. The antique floors in this room, imported from France, contribute to its historical charm, while the walls and ceilings are adorned with delicate hand-stenciled patterns, adding a unique artistic touch to this practical yet elegant space.

The family room, with its wide oak floors finished in dark ebony and raffia walls adorned with subtle stenciling, radiates a warm and inviting atmosphere. Concealed doors near the entrance are a prime example of the meticulous craftsmanship evident throughout the home. These perfectly recessed doors, blending seamlessly with their surroundings, highlight the human-made perfection and unparalleled attention to detail that defines every corner of this magnificent estate.

The Library & Living Room: Timeless Elegance and Grand Entertainment

The library, with half of its structure originating from the estate’s early days, boasts paneling dating back to 1820, imported directly from France. This room is considered one of Peter Marino’s crowning glories, showcasing his exceptional design prowess. Throughout the entire home, custom ventilation grilles, crafted from bronze, match the intricate detailing found on the fireplace, creating a cohesive and luxurious aesthetic. The famous green and silver bar remains completely original to the Crespi Estate, though its walls have been freshly silver-leafed, lending a renewed sparkle to its historic charm.

The living room, an entirely new addition, is remarkably spacious and grand. It once served as the venue where the Hicks hosted a memorable event for former New York Mayor Rudy Giuliani, during his consideration of a White House bid years ago. The room is floored with antique hardwoods, also imported from France, and is notable for its substantial two-foot-thick walls, which speak to its robust construction and timeless quality. Overlooking a serene wooded courtyard adorned with an elegant fountain, the living room offers picturesque views. An original parlor was transformed into a private office for Mr. Hicks, featuring dual televisions expertly built into the metal frames of the walls, blending functionality with sophisticated design.

Completing the first floor are practical yet well-appointed spaces including a butler’s pantry, a full laundry room, a dedicated flower room, a charming loggia, and two garages. In total, the estate offers eight garage spaces, with seven being fully usable for vehicles (the eighth primarily functions as a motorcycle bay), alongside a well-equipped woodshop, catering to every imaginable need.

Private Retreats: Upper Floors and Subterranean Wonders

The Master Sanctuary: Unrivaled Luxury on the Second Floor

The absolute crowning glory of the second floor is the breathtaking 3,000 square foot master bedroom wing, heralded by an elegant entry vestibule. The doors within this wing feature the distinctive Crespi Estate ribbon design, a subtle nod to its storied past. The master bedroom itself is a haven of tranquility, centered around an antique fireplace framed by exquisite slate. It boasts separate his and her bathrooms, each a masterpiece in its own right, along with corresponding dressing rooms. The lady’s bath is resplendent with opulent Sherle Wagner fixtures, while the gentleman’s bath showcases the most beautiful book-matched marble, a true testament to natural artistry. Each master also features two distinct dressing areas: hers, adorned with mercury glass panels and pleated fabric closet doors to meticulously protect clothing, includes a personal lady’s study complete with an antique honed cut marble fireplace. His features a “Spogliatoio,” a sophisticated combination formal dressing room and casual sports room crafted from hand-waxed Honduran mahogany paneling with a French polish finish. The master wing is further enhanced by a comfortable sitting area and a private terrace, offering secluded outdoor access.

Beyond the master suite, the second floor accommodates four additional en suite bedrooms, each thoughtfully designed with its own private bath and dressing room, ensuring utmost comfort and privacy for family and guests. Another conveniently located laundry room services this level.

The Third Floor: Wellness and Entertainment

The third floor is dedicated to wellness and additional private spaces, featuring a well-appointed exercise room, a serene massage room, and a luxurious bath complete with a steam shower. Two more en suite bedrooms offer flexible accommodation options, while a dedicated trophy room provides a distinguished space for displaying achievements. Three terraces on this level offer elevated views and additional outdoor enjoyment, extending the living space.

The Basement Level: Unseen Infrastructure and Luxury Amenities

The basement level, extending beneath the main house and motor court, is a marvel of both utility and luxury. It houses several maintenance and storage rooms, ensuring the smooth operation of the estate. For entertainment, there’s a stylish wet-bar and a dedicated movie theater (distinct from the expansive theater in the Recreation Complex). A state-of-the-art mechanical room ensures optimal functionality. Connoisseurs will appreciate the 500-bottle capacity wine storage room, meticulously maintained at a constant 55-degree threshold, equipped with an alarm system to protect its precious contents from any temperature variance. A separate case wine storage room provides even more capacity. Furthermore, the basement features a two-story, two-bedroom Staff Wing One, complete with a sitting area, security station, separate laundry room, and a large common room with a kitchen. Adjacent to this is Staff Wing Two, offering another bedroom and a common area with its own kitchen, providing comprehensive and comfortable accommodations for all household staff.

Beyond the Main Residence: Ancillary Structures for a Complete Lifestyle

The estate’s grandeur extends far beyond the main house, encompassing several meticulously designed ancillary buildings that enhance its luxurious offerings.

The Recreation Complex: A Hub of Leisure and Entertainment

The most prominent of these is the magnificent Recreation Complex, a standalone facility dedicated to leisure and entertainment. It features a sprawling 24 by 47-foot great room, distinguished by massive, expertly crafted beams—its ceiling fabricated in Austin—and pure Texas limestone floors. The commercial industrial kitchen within is a vision of stainless steel, equipped to cater to any event. Given its function as the hub for the pool and spa, it thoughtfully includes both men’s and women’s changing rooms, complete with lockers and showers. The pool itself is a country club-sized marvel, measuring 25 x 35 feet. Upstairs, the Recreation Complex also offers a comfortable guest bedroom and bath. The lower level houses a cinema, truly a showstopper, rivaling the size of theaters found in premier entertainment venues like Highland Park Village. Measuring 25 by 36 feet, it comfortably seats 19, boasts a professional reel projection room, and a concession counter stocked with candy and popcorn. The walls are adorned with framed jerseys, a nostalgic reminder of when Mr. Hicks owned prestigious sports franchises like the Texas Rangers, Dallas Stars, the Mesquite Championship Rodeo, and the Liverpool F.C. This level also includes an additional changing room and laundry facility. A key feature of its design is its superior sound engineering; the cinematic experience can be as loud as desired without disturbing anyone outside the theater. In total, the Recreation Complex is equipped with three full bathrooms and two half baths, ensuring comprehensive facilities for all users.

The Guest House: Versatility and Refined Accommodation

The elegant guest house offers remarkable versatility, serving equally well as a sophisticated “business house” or as a luxurious retreat for visitors. It features a welcoming living room, a formal dining room, a dedicated secretary support room/office, a full kitchen, and a charming loggia. The second story boasts two expansive bedrooms, each accompanied by huge full baths crafted from rare granites and marbles, with patterns perfectly matched to exquisite detail. Dressing rooms and ample storage complete these private sanctuaries, ensuring every guest experiences the utmost comfort and luxury.

The Family House: Private and Convenient Living

Located near the property’s second gated entrance, the family house provides a private and convenient living space. It comprises four bedrooms, four full baths, and one half bath, alongside a fully equipped kitchen and a bar. Adding to its utility, a one-bedroom apartment is situated above the two-car garage, offering additional accommodation or staff quarters.

A Masterpiece of Restoration and Innovation

As previously highlighted, the restoration of the Crespi Estate into the magnificent Walnut Place was an undertaking of immense scale, characterized by its arduous, painstaking, and globally collaborative nature. The journey began humbly with a napkin sketch, followed by three years of meticulous planning after the home’s purchase on August 15, 1997. Experts from across the globe were brought in for consultation and the precise execution of the work. The original outside frame, central corridors, and grand front staircase of the main house stand as proud relics of the Crespi Estate’s initial design by the famed Swiss architect Maurice Fatio, dating back to its construction in 1938.

The remainder of the house and its intricate complexes were conceived and built from the ground up under the visionary guidance of New York-based architect and interior designer, Peter Marino. Dallas-native John Sebastian served as the principal contractor, overseeing a rebuild that, at times, engaged more than 250 individuals working seven days a week. The project was managed by a dedicated team of three project managers and five superintendents, with one overseeing each floor, highlighting the project’s intricate coordination. All masons were commercial-grade specialists, and four specialty artists were flown in from New York City and France to execute bespoke finishes. Local painters J.C. Martin, Phillip Minton, and Tim Baxter, supported by a team of artisans from France, completed the extensive and intricate paint finishes. Lighting design was expertly handled by Craig Roberts, while the Hicks family enlisted London-based garden designer Arabella Lennox-Boyd as the head landscape architect, with Warren Johnson contributing as an additional architect, ensuring the outdoor spaces matched the interiors in splendor.

The features integrated into Walnut Place are yet another testament to the details that elevate this estate to an incredibly special status. All doors and windows are American-made Zeluck windows, crafted from rot-free mahogany wood, or robust metal from Crittall, with all glass boasting advanced UV protection. Every fireplace is equipped with a sophisticated, custom-engineered motor system developed by an Oregon specialist, guaranteeing perfect draft and efficiency. The main house benefits from a commercial elevator, providing seamless access to all three floors and the basements. Both indoor and outdoor lighting systems are controlled by Lutron, offering advanced customization and ambiance. Furthermore, the home was carefully sound-engineered by acoustic experts who meticulously suspended ceilings to prevent noise transference between floors, isolated all mechanical equipment to mask any potential operational sounds, and cleverly concealed all speakers throughout the house with plastic veneer. The result is an immersive auditory experience where music can be heard perfectly, yet its source remains invisibly integrated into the architecture.

Technological sophistication extends to the home’s infrastructure, which includes commercial-grade air conditioning featuring a four-pipe system, a cooling tower, 35 air handlers, and custom-crafted A/C grills throughout. A full-house generator ensures uninterrupted power for approximately 10 to 12 hours, providing peace of mind. The estate is also secured by a full, state-of-the-art security system and is fully fire-sprinkled, with concealed heads seamlessly integrated into all 14-foot ceilings, blending safety with aesthetic integrity.

The Legacy and The Future: Dallas’s Most Coveted Address

Walnut Place is currently listed at an asking price of $100 million, positioning it as not only the most expensive home for sale in Dallas but also among the most exclusive properties nationwide. In discussions with Allie Beth Allman and David Nichols, two burning questions frequently arise: is any of the magnificent artwork included in the sale, and what are the future plans for the Hicks family?

It is confirmed that the art collection is not for sale, remaining a cherished private collection of the Hicks family.

“The Hicks children are grown and have established their own homes,” explains Allie Beth Allman. “While they also enjoy time at their residence in La Jolla, the family will always maintain a primary residence in Dallas, reinforcing their enduring connection to the city.” Walnut Place therefore stands not just as a property, but as a testament to a legacy of luxury, meticulous craftsmanship, and an unparalleled lifestyle, now awaiting its next discerning owner to write its future chapters.

Photos of the Main House interiors:

Photos of the Guest House interiors:

Photos of the Recreation Complex: