Auction closes online 22 August in cooperation with Lisa Carswell of Carswell Real Estate

Bbidding has opened for a stunning waterfront estate set against the shore of a private 25-acre lake in the Magnolia suburb of Houston, Texas that was previously listed at US$19.8 million. Listed by Lisa Carswell of Carswell Real Estate, the property is auctioning with a reserve of US$7.49 million with bidding set to culminate on 22 August via Concierge Auctions' online marketplace.

Located at 37307 Diamond Oaks Drive, the custom-built gated estate is nestled on 227 acres of resort-style grounds, including the 25-acre Emerald Lake, making it one of the largest and most coveted lots in the High Meadows Ranch community. Tucked away at the end of a private drive, it offers unparalleled privacy and expansive views of the surrounding natural beauty, complemented by outdoor features like a nine-acre Japanese garden and a seven-acre botanical garden with over 5,000 azaleas. The lake is stocked with bass for anglers, while outdoor enthusiasts can enjoy miles of hiking trails and 21 bridges connecting the lake’s shore to 10 different islands.

The home itself boasts refined finishes and Mediterranean-inspired design with wood construction across three bedrooms, three full bathrooms, a resplendent kitchen and dining area, and a wine room. High ceilings and two fireplaces enhance the sense of expansiveness and elegance in both the main house and guest house, ideal for hosting friends and family. Additionally, a private helipad ensures convenient arrivals and departures, while a covered boathouse offers storage for vessels used to explore Emerald Lake.

“This is that rare property that brings with it a slice of natural paradise to enjoy far beyond the four walls of the home itself,” said Carswell. “Lakeside living is already so sought after for the lifestyle it enables, but in this case, owners have a chance to own Emerald Lake and its beautifully sculpted grounds, an oasis of nature and serenity in a busy world. This is not an opportunity to be missed.”

Magnolia is a rapidly growing suburb of Houston, Texas, known for maintaining its small-town atmosphere and friendly reputation. With convenient access to highways and close proximity to Houston, residents can easily enjoy performing arts, cultural events, and professional sports. Magnolia offers abundant recreational activities for golfers, equestrians, and nature lovers. The half-mile Magnolia Stroll connects citizens with the community, featuring restaurants, galleries, retail spots, and live events. It's a safe place to live and raise a family while preserving its warm, friendly values.

37307 Diamond Oaks Drive is available for private showings by appointment, in person or virtually.