The Stanley Marcus Estate—a midcentury landmark and longtime home of the late president of luxury retail chain Neiman Marcus—has been listed for $4.99M. The Dallas, Texas home has been shopped around as a pocket listing since July for a smidge more, but has essentially been off the market since 1994. According to the brokerbabble, the 9,558-square-foot, five-bedroom home—which was built in 1937 and has quite a different architectural design than the norm of the day—helped to usher in modern architecture in Dallas. In fact, in a bit of truly scandalous architectural gossip, the listing reveals that though Marcus originally wanted Frank Lloyd Wright to design the property, he ended up firing the master starchitect because he just plain didn't like any of the proposals.
The home is also rife with star-studded history and its predictable level of drama, as Marcus was famous for his legendary parties. Grace Kelly, James Dean, Eleanor Roosevelt, and Christian Dior all partied here, just to name a few. These days, the mansion is much the same as it was in its entertaining heyday, with original touches including a preserved projector room and mahogany wood detailing. Modern updates include a newly renovated kitchen—just some orange formica lost there— and walk-in closets in the master bedroom. With a final addition of a ultra-luxurious roof-top deck and catwalk that connect to a 1,200-square-foot guest house, it seems the new owner of the home might just want to keep the party going.