Dunhill Partners CEO lists Coconut Grove estate for $9.5M

Bill Hutchinson is leading the revitalization effort of the Dallas Design District

TRD MIAMI /
Nov.November 14, 2018 11:30 AM

Bill Hutchinson

UPDATED Nov. 14, 3:40 p.m.: One of Dallas’s largest commercial real estate developers, Bill Hutchinson, is listing his Coconut Grove estate for $9.5 million.

Hutchinson’s 12,863-square-foot Italian-inspired home at 1840 South Bayshore Lane has six bedrooms and eight bathrooms overlooking the bay. Hutchinson renovated the property in 2017 after purchasing it in 2016 for $5.9 million at an auction.

Hutchinson bought the estate from Richard and Cristina Daniels, who paid $750,000 for the plot in 2000, property records show. They custom-built the three-story home in 2009 on an 11,851-square-foot lot.

Bo Mastykaz of Douglas Elliman Real Estate is the listing agent for the property. The listing will go live Wednesday, according to a spokesperson.

Hutchinson’s company, Dunhill Partners, has more than 4.5 million square feet of investments from Texas to Hawaii. It is leading the revitalization of the Dallas Design District, which is northwest of downtown Dallas and is known for its art scene and restaurants.

In Dallas, Bill Hutchinson partnered with Sir Richard Branson to introduce Virgin Hotel, which broke ground in October 2016, according to a release. Virgin Hotels Dallas will be a new building located within the 33 acres that developer Dunhill Partners and Hutchinson, acquired in 2014.

Correction: A previous version of this story had an incorrect number of bedrooms and bathrooms.


Related Articles

arrow_forward_ios
(iStock)

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2
3604 Matheson Avenue with Mike Komaransky and Corwynne Carruthers (Compass)

Crypto investor sells waterfront Coconut Grove mansion at a loss

Crypto investor sells waterfront Coconut Grove mansion at a loss
From left: Magnus Jennemyr, Timo Khammash, and Irving Padron

Engel & Völkers cuts ties with managing broker, expands to Coconut Grove

Engel & Völkers cuts ties with managing broker, expands to Coconut Grove
Charles and Daneen Stiefel with One Park Grove (Getty)

Pharma mogul Charles Stiefel buys Coconut Grove penthouse

Pharma mogul Charles Stiefel buys Coconut Grove penthouse
From left: The Fairchild, Riley Smith, Oscar Rodriguez and Ricardo Vadia

Riley Smith team takes over sales of the Fairchild in Coconut Grove

Riley Smith team takes over sales of the Fairchild in Coconut Grove
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Daniel Odess and Matthew Sengsourinh with the properties

GlobalPro Ventures plans projects in Allapattah, Coconut Grove

GlobalPro Ventures plans projects in Allapattah, Coconut Grove
Jay Parker and a rendering of CocoWalk

Douglas Elliman, Bluemercury among new tenants at CocoWalk

Douglas Elliman, Bluemercury among new tenants at CocoWalk
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...