Highland Park Mansion Sells Months After Delisting

One of the most expensive mansions on the market in Dallas last year finally sold.

The 11,300-square-foot mansion at 3612 Crescent Avenue in Highland Park traded hands three months after leaving the Multiple Listing Service, according to public records and Redfin. The deed shows the seller is the Ketterer/Vorwald family trust, organized by Morgan Stanley wealth manager Alan Vorwald and Causeway Capital Management co-founder Sarah Ketterer. The buyer is the Amberhill Trust.

Built in 2015 and designed by the Richard Drummond Davis architecture firm, which specializes in Dallas mansions with classical accents, the stone-clad home on a 0.6-acre lot has seven bedrooms and eight bathrooms. Inspired by French chateaux, the symmetrical home features a portico entrance and a two-story rotunda wound by a spiral staircase, listing photos show. The property has a guest house as well. A basement wine storage room can accommodate 3,000 bottles, ranking among the largest wine cellars in Highland Park, according to Compass agent Jonathan Rosen, who represented the home when it was on the market.

It initially hit the market in March 2024 for $20 million, landing among the most expensive residential listings on the market in Texas at the time.

The final sale price is undisclosed. The home left the market in July 2024, returned in January 2025, left in August and relisted again in September at $18.5 million, ranking second priciest that month among the state’s new listings. The listing was finally removed in December at an asking price of $17.5 million, amounting to $1,545 per square foot, according to Realtor.com.

Both parties in the sale have a California presence. Ketterer is a Stanford University trustee, and the Amberhill Trust’s mailing address is in Los Altos, California, public records show.

The deed doesn’t show who organized the buyer trust. The fiduciary firm that services Amberhill is also tied to the Butler Noel Trust, which owns a duplex in Grand Prairie and a small single-family home in Burleson, according to Dallas and Johnson county records.If the home at 3612 Crescent had sold with its final asking price of $17.5 million last year, it would have outranked six of the top 10 public residential sales in Dallas in 2025.