Historic Baldridge House in Texas Comes With Converted Bank Vault

The Baldridge house in Fort Worth, TX, has been restored and modernized into a lovely Lone Star State jewel.

The energy industry bigwig and his wife, who oversaw the home’s overhaul, are downsizing and have recently put the historic home on the market for $7.95 million.

Built in the early 20th century for banker Earl Baldridge, the grand, three-story home is fashioned out of limestone and includes notable features such as huge columns, carved wood paneling throughout, and even a bank vault in the basement, a nod to its Wild West pedigree.

All of those distinct features remain after the estate’s remodel, including the original vault, which now houses a media room.

Recommended Video:

Error loading player: No playable sources found

Now Playing:

President Trump offered to give $25,000 to a man who lost his son in Afghanistan, but apparently never went through with his offer. Chris Baldridge told the Washington Post Trump called him after his son Army Sgt. Dillon Baldridge was fatally shot by Afghan police. Baldridge told the Post Trump never actually followed through. “The check has been sent. It’s disgusting that the media is taking something that should be recognized as a generous and sincere gesture," White House spokeswoman Lindsay Walters told the Post.

Media: Wibbitz

Exterior
Plaque on home’s history
Vault door

Over the decades, the mansion fell into disrepair. It was in foreclosure in 2007 when Paun Peters, president of Western Production Co., an oil and gas company, and his wife snapped it up for about $3 million.

More Information

More from realtor.com
Philip Johnson-Designed Masterpiece Back on the Market in Dallas for $23M
NRA Spokeswoman Dana Loesch Buys Gated Estate in Southlake, TX
Disgraced Cyclist Lance Armstrong Lists Austin Mansion for $7.5M

“My wife, dare I say, lusted for that house,” Peters said in an interview with Bloomberg. “She always dreamed of having herself in there and walking around on one of those balconies.”

It’s understandable, because those balconies are of the most romantic variety. When the couple bought the home, it desperately needed work. The renovation took years and $4.5 million, including $500,000 just for the landscaping.

Fountain

“We had an almost unlimited budget on what we needed to get done," Peters said. "We even got in Italian cypress trees from California.”

The result is an 11,725-square-foot masterpiece with six bedrooms, six baths, and two half-baths. The acre-and-a-half property is surrounded by a privacy fence and hedge.

The home remains true to its roots, while featuring a few modern amenities. They include a two-level garage for 11 cars, a dive pool, and an outdoor pizza oven.

Living room
Garage

Not surprisingly the Peters family used the property for extensive entertaining, including weddings and fundraisers.

Peters told Bloomberg he felt like he and his family were "good stewards of the house." Now he’s ready to hand off the home to a lucky new owner looking to own a piece of Texas history.

The post Historic Baldridge House in Texas Comes With Converted Bank Vault appeared first on Real Estate News & Insights | realtor.com®.

Source Article

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>