Iconic Alamo Heights mansion sells in ‘surprising’ amount of time

Posted on July 14, 2017

The coliseum-like mansion you've seen nestled off U.S. 281, overlooking the Olmos Dam, is off the market in record time.

Phyllis Browning Co. REALTORSĀ® Judy Dalrymple and Haley Rodriguez represented the anonymous local buyer who forked over $3.6 million to call one of San Antonio's most iconic estates "home."

The 6,500-square-foot "landmark residence" was originally listed for $4.9 million, increased to $5.25 million, then decreased to $4.25 and was eventually reduced to $3.95 before the final price was agreed on.

The home was under contract in less than six months — an amount of time Rodriguez called "surprising."

"This is house that's unique enough, you'd expect it to be on the market for a year," she added.

555 Argyle Ave., in Alamo Heights, was originally owned by local philanthropists Joe and Joci Straus. Joe Straus is the co-founder of Retama Park.

They are credited for restoring the Majestic and Empire theaters and lived in the home for 26 years.

They are also the parents of Texas House Speaker Joe Straus, R-San Antonio.

The home boasts two elevators, wrap-around patios on each of the levels, floor-to ceiling windows with "spectacular views" of the dam and a modern, open floor plan, REALTORĀ® Phyllis Browning told mySA.com when the listing hit the market in January.

Read the original article by Madalyn Mendoza on MySA.com here.

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