Discover a rare gem in the heart of Old Preston Hollow, perched on an elevated one-acre lot at the coveted intersection of Audubon and Park Lane. Just completed: a refreshing transformation under the esteemed design direction of Studio Thomas James, this custom-built home by renowned builder Nickey Oates circa 2002, spans over 11,500 ft of luxurious living space. Designed by Hudson Lockett III, the home features a thoughtful floor plan with well-proportioned formal and informal living areas, creating a harmonious flow throughout. The estate boasts five primary-sized bedroom suites, all with large walk-in closets. The expansive downstairs primary suite is a true retreat, complete with a spacious sitting area anchored by a fireplace, dual marble bathrooms, and exceptional built-in clothing storage. Natural light floods the interiors, accentuated by beautiful, hardwood floors (newly refinished), smooth texture walls (just recently completed), soaring vaulted ceilings, and multiple stone fireplaces. The gourmet kitchen, recently remodeled with new Sub Zero and Wolf appliances and quartz countertops, flows seamlessly to a spacious breakfast area, perfect for everyday gatherings. Large game room with a wet bar area is ideal for entertaining, and the fifth bedroom, offers privacy-perfect for extended stay guests or an au pair. The third floor offers terrific storage and was previously utilized as a workout space. Sellers just added a whole-house generator. Outdoors, the property is an entertainer's dream, featuring a pool, covered loggia, and expansive grassy areas, all surrounded by manicured hedges and mature trees for ultimate privacy and serenity. This gated estate provides plentiful parking with a circle drive and a four-car garage with a separate entrance off Park Lane. This magnificent estate presents a unique opportunity to embrace the finest in Old Preston Hollow locale with a fresh palate to bring your own personal final touches to call it your own.