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Houston

DeMontrond mansion in Tanglewood listed just shy of $4M

Served as longtime home of family that owns auto group

Nan and Company's Nancy Almodovar with 700 Pine Shadows Drive
Nan and Company's Nancy Almodovar with 700 Pine Shadows Drive (Nan and Company, Google Maps, Getty)

A lavish Houston estate that’s been the longtime home of the DeMontrond family, owner of more than a dozen regional auto dealerships from Cleveland to Texas City, is up for grabs.

The 7,000-square-foot house, located at 700 Pine Shadows Drive in the Tanglewood neighborhood, is being listed at $3.9 million, the Houston Chronicle reported. Nan and Co. Properties CEO Nancy Almodovar will serve as the listing agent. 

The mansion sits on a roughly one-acre lot. It has five bedrooms, four full bathrooms and two half baths. Its 46,000-square foot lot size is the largest among active listings in Tanglewood, where the median home value is around $2 million, according to the Houston Association of Realtors.

Almodovar said the property is already drawing interest from local residents who have been craving a larger lot. She also mentioned its close proximity to a private park.  

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“They love Tanglewood, so we’ve had a lot of interest from a few of the current homeowners in the neighborhood,” she told the outlet.

Members of the DeMontrond family moved into the house in 1992. They bought a seven-bedroom, 10-bathroom estate in River Oaks for $16 million in March.

The 700 Pine Shadows property could be on the market for a while given the abundance of inventory in Houston. As of April, the number of available properties shot up nearly 63 percent year-over-year. Average listing prices are also nearing a record high in the Bayou City.

—Quinn Donoghue 

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Companies and People
Christie's International Real EstateDeMontrond Auto GroupNan and Co. PropertiesNancy Almodovar
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