HICKORY CREEK, TEXAS—The troubled 48,000-square-foot Texas manse Champ d'Or sold at auction on Friday for an undisclosed sum. According to the release, the property—which has a Chanel-themed closet to die for, by the way—saw "433 auction inquiries, over 500 showings and over 10,000 website visitors." Once listed for $70M and then slashed by a half, Champ d'Or hit the block with a reserve, or minimum starting bid, of $10.3M. The buyer's identity hasn't been released yet. [CurbedWire Inbox]
BOSTON—A mansion in the charming Back Bay neighborhood just sold for $12.5M, making it the city's highest sale of the year so far. [Curbed Boston]
CUBA—In November, the Cuban government began allowing its citizens to buy and sell property for the first time since the Cuban Revolution ended, in 1959. According to a report in the Daily Mail, some houses fetch as much as $250 per square meter, a number disproportionately high when compared to the average monthly income that some sellers are nothing short of euphoric about the lifted ban. [Daily Mail]
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