Houston House Built for Saudi Prince Is Asking $20M

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A home in Houston, Texas that was built for a Saudi prince is listed with a $20 million price tag, The Wall Street Journal reported.

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Situated in River Oaks, the estate also happens to be one of the most expensive homes currently for sale in the city.

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It was built in about 1986 by Prince Abdulrahman bin Faisal, who is the son of the late King Faisal and brother of former Saudi Foreign Minister Prince Saud al-Faisal, according to J. M. Little, a Houston attorney who then represented the prince.

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The prince was involved in commercial real estate in Houston in the 1980s.

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The current owners Nijad and Zeina Fares bought the residence in 2007.

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Measuring nearly 24,000 square feet, the modern-style main house, set on 3.1 acres, has nine bedrooms, plus staff quarters.

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Renovated by the current owners, it features an elevator, a wine room, and a dining room that can seat over 40 people.

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In the master suite, there is a sitting room, an exercise room, a sauna, and steam room.

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Outside, the estate boasts water frontage on Buffalo Bayou, as well as a staff cottage with offices and living quarters; a pool; a bar; a gazebo with a hibachi grill; an outdoor pizza oven; and a playground.

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Nijad Fares is the son of Issam Fares, who is the former deputy prime minister of Lebanon and current chairman of Wedge Group, a Houston-based international investment firm.

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The listing is held by Walter Bering of Martha Turner Sotheby’s International Realty.

Images courtesy of Sotheby’s International Realty

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