This $20 Million Mansion Sale Just Broke A Major Record In Texas

By Dani Medina

November 1, 2022

Photo: Getty Images

A 27,000-square-foot mansion was just sold in Texas and set a major record.

Stephen L. Way, the former CEO of Houston International Insurance Group, put the Memorial property on the market in 2019 for $29.5 million, according to the Houston Chronicle. It was relisted a year later and was sold on October 27 to an undisclosed buyer. The sale of the home is the most expensive single-family home sale recorded through Multiple Listing Services in the Houston area, not including off-market transactions, according to the Houston Association of Realtor records and brokerage Douglas Elliman Realty.

The property sits on 4.2 acres and includes an oversized pool, multiple terraces, an outdoor kitchen, a sports court, a playground and open grass fields. Inside, you'll find six bedrooms, seven full bathrooms and nine half-baths, plus multiple kitchens, a wellness spa and gym and entertainment features throughout the house. There's also a two-bedroom, 3,700-square-foot guest home on the property.

Check out photos of the property here.

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