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re: Former Pennington estate up for sale with $14M asking price

Posted on 12/18/19 at 8:20 pm to
Posted by supadave3
Houston, TX
Member since Dec 2005
32176 posts
Posted on 12/18/19 at 8:20 pm to
quote:

I was picturing what a $14 million house would look like in Louisiana and I thought it would be like this

LINK /



I personally know the owner of that house, inherited from his father. THey use it mostly as a bed and breakfast these days. HUGE bass in the large ponds up front.
Posted by Teton Tiger
Somewhere between here and there.
Member since Mar 2005
3036 posts
Posted on 12/18/19 at 8:38 pm to
Has a beer cooler?
Posted by Martini
Near Athens
Member since Mar 2005
49661 posts
Posted on 12/18/19 at 8:48 pm to
quote:

That didnt take long. A couple years of 70K in property tax and all those the monthly expenses can be handled by a couple dentists



Well they are a lot more than a couple of dentists and I do believe they sold their corporate dentist firm not long ago.
Posted by ruzil
WNC
Member since Feb 2012
18381 posts
Posted on 12/18/19 at 9:00 pm to
Andre' got tired riding that lawn mower, I guess.
Posted by Kramerica Industries
Austin, Texas
Member since Feb 2015
1163 posts
Posted on 12/18/19 at 9:18 pm to
Why did they build that monstrosity just to sell it?
Posted by BayouBengals18
Fort Worth
Member since Jan 2009
9843 posts
Posted on 12/18/19 at 9:26 pm to
quote:

i bet it sales for


FB has ruined grammar.
Posted by ruzil
WNC
Member since Feb 2012
18381 posts
Posted on 12/18/19 at 9:35 pm to
quote:

Why did they build that monstrosity just to sell it?




Current owners did not build it.
Posted by Kramerica Industries
Austin, Texas
Member since Feb 2015
1163 posts
Posted on 12/18/19 at 9:57 pm to
I understand that. But why did the Pennington’s sell?
Posted by AUsteriskPride
Albuquerque, NM
Member since Feb 2011
18385 posts
Posted on 12/18/19 at 9:57 pm to
Guaranteed that thing is full of Kitec.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 12/18/19 at 10:39 pm to
Paula never liked the house, the architect was a in-law, and he took too many liberties with the design that did not get challenged, plus the house had many problems such as improperly designed HVAC system. Original construction cost was around 18 million, rather that pump more money into a white elephant they took the only real offer and sold. As a percentage of net worth them spending 18 million on a house and losing 12 in the sale is equivalent to a average person building a house for $1800 bucks and selling it for $600, they walked away and never missed the money,
Posted by jnethe1
Pearland
Member since Dec 2012
17862 posts
Posted on 12/18/19 at 11:02 pm to
quote:

And lol at that much money for something in Baton frickin Rouge


You would be surprised at some of the houses there.

I’ve seen one that costs close to $20,000,000.
Posted by Priapus
Member since Oct 2012
1950 posts
Posted on 12/19/19 at 4:30 am to
quote:



You can get this for 14.5 million on 69 acres in Jackson Hole






I have killed a lot of ducks on that stretch.
Posted by Gorilla Ball
Az via La
Member since Feb 2006
13255 posts
Posted on 12/19/19 at 5:40 am to
“We feel the time is right to give someone else an opportunity to enjoy this property,” he says”

This made me chuckle
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 12/19/19 at 7:29 am to
quote:

I've known Andre since high school he is a very smart guy....worked his arse off to make his money and invested well.


Yah but have you ever had Thanksgiving at his parents' farm like I have?
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66103 posts
Posted on 12/19/19 at 7:50 am to
For 14 million I can get 1300 acres on the devils river with a couple old farm houses
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
88195 posts
Posted on 12/19/19 at 8:03 am to
quote:

But he says he and his family are not in any hurry to sell and have no immediate plans to move.



Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 12/19/19 at 8:06 am to
quote:

“We feel the time is right to give someone else an opportunity to enjoy this property,” he says”


Translation.. we can't afford it anymore and need to get the frick out.
Posted by bayoubengals88
LA
Member since Sep 2007
24746 posts
Posted on 12/19/19 at 8:21 am to
quote:

I have killed a lot of ducks on that stretch.

Is that the Snake? Looks small there.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
37588 posts
Posted on 12/19/19 at 11:00 am to
Yeah .... several times. You and I may know each other personally. Do you know John L and Daniel as well as Graham
Posted by TigerMasterGeneral
Member since Dec 2019
40 posts
Posted on 12/19/19 at 1:35 pm to
quote:

I personally know the owner of that house, inherited from his father. THey use it mostly as a bed and breakfast these days. HUGE bass in the large ponds up front.



What did his dad do? I imagine own a lot of land
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