Why do you want a luxury lake house? Well, my first answer is, why the heck not? My second is more complicated.
Let’s look back as far as September of 2019. Forbes.com reported 300 people a day were leaving New York City. This was way before the pandemic. So we are not blaming that. It’s not just New York. Forbes went on to report:
This trend is not exclusive to the New York metropolitan area. Many similar regions are seeing their residents migrate to other states. Los Angeles, Chicago, Washington, D.C., and San Francisco, as well as Connecticut’s Hartford Bridgeport, and New Haven, have all experienced a substantial exodus of people
Forbes noted multiple reasons from the cost of living to poor infrastructure and better schools. Dallas has been the beneficiary of a lot of this exodus action from other states. We’re a mecca for corporate relocations. When people move here from another major metropolitan area they are often stunned at how far their money will go, even in a luxury market. So, they do precisely what locals have done for generations. They put their money into a second home you can reach in under an hour.
The luxury lake house is as much a part of the Dallas lifestyle as the family ranch. It’s common sense. If you have kids, extended family, and enjoy entertaining, a lake house is the logical extension of any real estate portfolio. It’s a great asset and a whole lot of fun.
In our present world situation, a lake house is also something else. It’s safe.
This luxury lake house in Corsicana has it all. O.K. maybe you want to add a driving range. I think you’ll have room for that somewhere between the stables, the pool, and the tennis court on over 53 acres!
Located on the Richland Chambers Reservoir, with over 1,000 feet of shoreline, this luxury lake house is about an hour’s drive from Dallas. The main house is 9,540 square feet with a breathtaking two-story great room anchored by a massive stone fireplace. There are four bedroom suites, a gym, a game room, a wine room, a playroom, and a home office. An enormous 1,154-square-foot covered and screened porch overlooks the lake.
If you have a large family or just want to entertain a lot of friends for the weekend, there is a 3,298-square-foot guest house with four bedrooms, a full kitchen, a living and dining area, and a private front porch.
You won’t get bored—ever. If you tire of tennis or fishing for bass and catfish, or jet skiing, then saddle up in the 2,165-square-foot stable building. There is a 671-square-foot attached apartment for your house manager or even more guests.
So, do you see what I mean? Texans in the luxury market figured out long ago that investing in a lake property is just plain smart.
This unique luxury lake house at 316 Tonkawa Trail is listed by Compass Real Estate’s Becky Frey for $9.95 million. It’s not even listed yet so get a jump on everyone and give her a call!
