A Legacy Property in Exclusive Old Preston Hollow is an exceptional redevelopment opportunity! This oversized interior corner lot, over ½ acre at Lupton and Douglas, holds a rich history with only two owners since its 1941 construction. Ready for redevelopment, this property offers a unique opportunity to create your dream home. The corner location provides a sought-after side entrance access, and the parcel offers a blank canvas for a grand vision, accommodating a side-entry garage and a lavish backyard oasis, complete with a sparkling pool, private sport court, manicured putting green, and elegant guest quarters. Prime proximity to exceptional shopping and esteemed private schools. Recent survey is readily available, accompanied by streamlined instructions from Oncor for the removal of the existing power pole. While the colonial residence could be rebuilt maintaining its original character echoing the timeless charm of the neighborhood, the land is the true prize.