Update: The McReynolds are part of a trust that also owns 10330 Strait Lane, the 9.66 acres that was once Chateau de Triumph, the 44,000 square foot mansion built by George and Dominique Perrin, sold to John Lau then to Jean-Raymond Boulle and destroyed by massive fire in July of 2002.
Last year, you may recall, 10300 Strait Lane, was sold on April 30. It was the home of Nancy Dedman, designed by Dallas modernist architect Bud Oglesby, built in 1971. The home was listed for $7,490,000 and closed for $6,750,000.
The estate is on 3.5 verdant acres with beautifully proportioned rooms taking in the full views of the grounds, including a private pond. It’s on the creekside. And it was designed by one of the city’s pre-eminent architects for the home’s first owner.
“Bud was a genius at siting,” says Susan Marcus, who closed the deal and was also a personal friend of the architect.
Well, we are hearing that it may be torn down. Yes, torn down. The City of Dallas shows a demotion permit was issued on August 13 (#1508111041) for the property. I am hearing the general contractor is Sebastian Construction, John Sebastian. The buyer is apparently John W. McReynolds, President and Chief Financial Officer of ETE Common Holdings, LLC. According to Bloomberg, Mr. McReynolds serves as the President of Energy Transfer Equity, L.P and Energy Transfer Company, LP. Mr. McReynolds has also been President for LE GP, LLC.
The McReynolds apparently plan to build and live on the Dedman site, keeping their other significant properties on Strait as landscaping. A new magnolia hedge has been planted along Strait and Parkhurst to screen in the property.
Stay tuned, this story is developing…
Enslie “Bud” Oglesby was also master of light, which we need in these parts. Born in Phoenix, he was raised in San Angelo, graduated from Cornell and received his masters in architecture from M.I.T. His firm, Oglesby Group Architects, was one of the most significant architectural firms in Dallas for years, and he influenced a tremendous number of current architects, including modernist Ron Wommack. Oglesby also studied and lived in Sweden.
Oglesby recognized that people in Dallas “travel a lot, and there are so many choices of materials that it prevents a definitive look.” His homes sport a relaxed contemporary elegance, always exploring light but also accommodating the practicalities that a home must be functional to accommodate a family’s lifestyle.
