Terrell Hills mansion hits the market for $4.39M

Terrell Hills mansion hits the market for $4.39M

A unique neoclassical Terrell Hills mansion — which was recently refurbished — is on the market for $4.39 million.

The home at 701 Grandview Place was built in 1930 and has had only four owners. It sits on 2 acres and includes five bedrooms, five full bathrooms and three half bathrooms.

“Frankly, I’m surprised I haven’t sold it by now because of the interest and positive activity on it,” said Jason Glast , attorney and real estate agent for the Phyllis Browning Co., who listed the home in October. It was briefly off the market for the holidays. “It is truly one of the most iconic residences in the San Antonio area. It is definitely the top example of neoclassical architecture, where it looks a little bit like the White House.” Jason Glast’s residential real estate team ranked No. 10 in 2020 gross closed sales by teams with four or fewer members. Prominent local architect Atlee Ayres designed the home. He was known for mansions in Monte Vista, and this was one of his few projects in Terrell Hills.

Its current owners bought the home 10 years ago and have since given the home a more modern look and upgraded all of the systems including HVAC, plumbing, electrical and drainage.

“To me, that’s really important, because sometimes you find these grand mansions that are 100 or 80 years old that have this historic charm, but the buyer will have to update all of these systems,” Glast said. “Well, my client already did that.”

Information on the home is not accessible on the Bexar County Appraisal District’s website. Glast said BCAD removed those details on the owners’ request and that the owners declined to be named in this story.

Glast said the home has seen interest from local and out-of-state potential buyers.

“That’s really what I see for most of my listings, about half local and half from out of state,” Glast said. “You’ll hear a lot of people talking about California migration to Texas. It’s still a significant amount, but our biggest relocation [origins] are Dallas, Austin and Houston.”

Click here to view original web page at www.bizjournals.com