A more permanent fence has taken over for the one previously wrapped around the lot at 3482 Inwood Dr., where possibly-murdered apartment tycoon and singer Harold Farb was midway through building a house for himself and his wife at the time of his death in 2006. The property initially hit the market partial-house-and-all, with the expectation that future buyers could finish up the construction of a 17,404-sq.-ft. estate overlooking the River Oaks Country Club’s golf course. After a steady price decay from $14.75 million to about $10 million by mid-2010, tactics changed; the property got a demo permit and a subsequent smoothing over, and was relisted in October of 2012 (and again in December of 2014, then to the tune of just under $9 million).
The fully re-undeveloped land hit the market again last Thursday, now for $8.5 million, Here’s the current view of the front gate, and what’s inside it:
- 3482 Inwood Dr. [HAR]
- Previously on Swamplot: Down and Out in River Oaks: Harold Farb’s Last Project; Daily Demolition Report: Going with the Queen of Peace