SOLD
George DeMontrond III & Marilyn DeMontrond Purchase River Oaks Mansion For $20M
2920 Lazy Lane Boulevard
Single Family
17,405 SF
17,405 SF
Sold 56 days ago
Summary
Sale
TEXAS
Single Family
17,405 sqft
A River Oaks mansion, once owned by Houston real estate legend Gerald D. Hines, was purchased by an LLC tied to George and Marilyn DeMontrond for an undisclosed price, becoming one of Houston's priciest home transactions. The 17,000-square-foot estate, located at 2920 Lazy Lane Boulevard, reflects the city's flourishing ultra-luxury market, with a 75 percent surge in sales above $10 million last year according to Compass.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Address: 2920 Lazy Lane Boulevard
- Market: Houston
- Square Footage: 17,405
The deal's key individuals involved were George DeMontrond III and Marilyn DeMontrond as the buyers. Nancy Almodovar represented the buyers from Nan & Company Properties, while Mark Menendez represented the sellers from Douglas Elliman.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: George DeMontrond III, Marilyn DeMontrond, Nancy Almodovar & Mark Menendez
DATE: 03/07/2024
ADDRESS: 2920 Lazy Lane Boulevard
MARKET: Houston
ASSET TYPE: Single Family ~ SF: 17,405
BUYER: George DeMontrond III & Marilyn DeMontrond
BUYER'S REP: Nancy Almodovar (@Nancy_Almodovar) - Nan & Company Properties (@NanProperties)
SELLER'S REP: Mark Menendez (@Mark_Menendez) - Douglas Elliman (@DouglasElliman)
SALE PRICE: $20,000,000
SF: 17,405 ~ PPSF: $1,149
NOTE: A River Oaks mansion, once owned by Houston real estate legend Gerald D. Hines, was purchased by an LLC tied to George and Marilyn DeMontrond for an undisclosed price, becoming one of Houston's priciest home transactions. The 17,000-square-foot estate, located at 2920 Lazy Lane Boulevard, reflects the city's flourishing ultra-luxury market, with a 75 percent surge in sales above $10 million last year according to Compass.View on map
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Address2920 Lazy Lane Boulevard
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