Skip to content
Lavish Fort Value Mansion to be Auctioned Off — Former Radio Shack CEO’s Dream Property Is No Strange Dwelling

The clock is ticking in direction of considered one of Fort Value’s most lavish estates being offered at public sale. This can be a comparatively novel strategy to promote a home, particularly in North Texas. The Tanglewood space dwelling is likely one of the first in North Texas to be offered by Interluxe ― a frontrunner within the luxurious public sale subject.

Previews of 4400 Overton Crest Avenue will happen April 21, 22 and 23, and the bidding struggle is ready to formally start at 9 am on April 24. The opening bid is ready at $2.5 million for this French-style mansion, which is a wide ranging hilltop property with views of the downtown Fort Value skyline and the TCU soccer stadium.

Len Roberts and his spouse Laurie constructed their dream dwelling in 2004, and now they plan to public sale it off. Throughout his 40-year profession, Roberts tells PaperCity Fort Value, that he “was fortunate sufficient to run a few of America’s largest manufacturers: Radio Shack, Arby’s and Shoney’s. I additionally served because the chairman of the board of the United Approach.”

“After we advertise a yr in the past we weren’t actually critical,” Len Roberts admits. PaperCity first featured the house in January of 2022.

“We knew we wished to downsize and that we had been carried out internet hosting massive occasions,” Roberts notes. “However now that now we have discovered our subsequent dwelling, overlooking the seventeenth gap in Mira Vista, we’re actually motivated to promote it. And we’ve made peace with the truth that we’re going to lose cash on the deal.”

So the Roberts are going an attention-grabbing route ― an actual property public sale by way of Interluxe. The Roberts really feel it’s merely essentially the most environment friendly manner of promoting such a lavish property.

The terraced yard at 4400 Overton Crest Avenue has hosted tons of of occasions through the years.

The property price the couple $12 million to construct — in 2004 cash. Hundreds of thousands alone went to clearing and terracing the acreage. The Roberts knew they’d by no means get again what they put into it ― from the property’s imported supplies to the price of all of the artisans they introduced in from all around the nation for his or her professional workmanship and detailing of woodwork, stone and marble.

“We wished it the best way we wished it,” Len Roberts notes. “The substitute worth alone, together with the land and its enhancements, is near $22 million based on AIG.”

A Fort Value Surprise Mansion

Len and Laurie Roberts bought the 1.82 acre property in 1999. They spent the subsequent 5 years designing and constructing what Len describes as a “12,000 sq. foot limestone adorned property with 12-foot wrought iron gates, a lavish French-designed inside with hovering ceilings and a spiral staircase, and a shocking yard with a pool and views of the Fort Value skyline.”

Len Roberts offers Laurie all of the credit score for the Fort Value mansion’s final design. Laurie Roberts labored alongside architect Don Wheaton, builder Rick Williams and inside designer Sandra Sampson.

When requested about his enduring relationship with Rick Williams, Len Roberts laughs. “When offered with a limiteless finances, he’s the one individual I do know who by some means discovered learn how to exceed it,” Roberts says.

In fact, 4400 Overton Crest Avenue was constructed to be a showplace and this Fort Value mansion was at all times supposed for entertaining. The couple hosted numerous dinners, advantages, concert events, galas and different occasions at their dream dwelling.

“We’ve got hosted over 100 occasions right here through the years — elevating hundreds of thousands for a lot of native charities, together with the Fort Value Symphony, Jewel Charity Ball and, after all, the United Approach,” Roberts says. “We hope this dwelling will proceed for use for entertaining functions and loved by the neighborhood.”

As you enter the gates of 4400 Overton Crest Avenue, a stupendous fountain greets you, resulting in the balustrade and entrance entry of the Chatteau-style manse. The whole property is manicured neatly and surrounded by 10-foot wrought iron fencing alongside the whole lot of the 1.82 acres. Different exterior options embrace a roof of imported blue slate, terraced stairs resulting in a resort worthy pool and a pool home, and elaborate exterior panorama lighting. This lighting is provided with six completely different night settings for entertaining.

Inside the brand new proprietor will get pleasure from 5 bedrooms, together with six full and 4 half baths. The formal front room boasts hovering 28-foot ceilings, an imported marble hearth and a crystal chandelier. A grand spiral staircase results in the second ground. In fact, there’s additionally an elevator which companies all three ranges.

4400 Overton Crest is not any bizarre Fort Value mansion.

There may be additionally a exercise room that comes full with its personal spa facilities just like the custom-built sauna and an extra-large steam bathe. Add a 12 seat theater modeled after previous film palaces in Chicago, with outsized crimson velvet reclining seats and too many different extras to call. See this film retreat for your self right here.

Len Roberts loves to inform the story of the lengthy five-year constructing course of, one which noticed the neighbors put up with every part from building detours to damaged water mains.

“Everybody was very tolerant,” Roberts says. “The very first thing we wished to do was thank our neighbors for his or her persistence by throwing a thanks social gathering for them. We’ve been blessed, and we’re prepared to maneuver on.

“Any individual’s going to make hundreds of thousands on this deal and isn’t going to be us. However when you make peace with that, it’s time to get it carried out.”


Leave a Reply

Your email address will not be published. Required fields are marked *