A Fort Worth mansion registered as a Texas Historic Landmark has sold for $6.1 million, according to Compass.
Known as the Baldridge House, the home was built as a “showplace” for Earl Baldridge, a rancher turned banker, and his wife, Florence, between 1910 and 1913, according to the Texas Historical Commission’s marker on the gate of the home. It was declared a Texas landmark in 1978.
“The Baldridge House is a rare Fort Worth landmark that is rich in history,” listing agent Rick Wegman, co-founder of the Walsh, Wegman & Giordano Team at Compass, said in a statement.
Mansion Global could not independently confirm the sales price, as Texas is a non-disclosure state, meaning the final price does not have to be recorded.
One of the first homes in the Chamberlain-Arlington Heights neighborhood, the house was designed by the local architectural firm Sanguinet & Staats, according to the commission. The Italianate exterior boasts six massive limestone columns, while carved oak woodwork decorates the inside.
The home was sold by the estate of Kenneth A. Hill Sr., founder of EHR Data, Inc., a healthcare data company. Hill bought the mansion in June 2020 for $6.9 million, according to reports. He died later that year at the age of 79.
Sitting on nearly 1.5 acres, the six-bedroom, six-bathroom home was first listed in January 2021 for $7.5 million, according to listing records. By September 2022, the ask had dropped to $5.995 million, and the deal closed last week.
Mansion Global was unable to determine the identity of the buyer, who was represented byJohn Zimmerman, also of Compass.
The stately 11,725-square-foot home has a host of amenities, starting with the privacy fence and hedges and water features throughout the grounds.
Inside, there’s an ornate marble foyer with coffered ceilings, a wood-paneled library, a wet bar and a circular great room anchored by a fireplace. A formal dining room and chef’s kitchen are also on the main level.
Other amenities include a billiards room, a gym, a safe and a second library with a wine cellar and tasting area behind stained glass doors, listing photos show. In addition, up to 11 cars can be stored on the property.
Outside, there’s a pool and lounge area, an outdoor kitchen and several gardens and lawns.
“The sale of the Baldridge House is the latest indicator that the Fort Worth luxury home market is off to a roaring start in 2023,” said John Giordano of Compass. “We feel that the Fort Worth market has been perennially undervalued, but it appears that luxury buyers are starting to take notice.”
Credit: marketwatch.com