4555 Lorraine Ave, Highland Park, TX, 75205
About This Home
Nestled on one of the most prestigious streets in the highly coveted French Streets of Highland Park, Villa Terra Rossa is a timeless Mediterranean-inspired estate where old-world elegance meets modern luxury. Thoughtfully designed by CC & Co. Designs and built by Crutchfield Customs, this architectural masterpiece showcases curated interiors, rich natural materials, custom millwork, soaring ceilings, and sophisticated entertaining spaces designed for both everyday living and grand-scale hosting. Located within the acclaimed Highland Park community and zoned to the highly sought-after Highland Park Independent School District, the residence offers an exceptional lifestyle surrounded by tree-lined streets, iconic architecture, luxury shopping, fine dining, and some of Dallas' most desirable real estate. Villa Terra Rossa embodies the warmth, craftsmanship, and enduring character of Mediterranean design while delivering the level of refinement expected in one of Texas' most exclusive neighborhoods.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range
- Laundry features: Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Dining Room
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Features
- Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s)
- Number of fireplaces: 2
- Fireplace features: Gas,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 5,699 sqft
Kitchen
- Features: Butler's Pantry,Eat-in Kitchen,Kitchen Island,Pantry,Sink,Walk-In Pantry
- Level: First
- Dimensions: 0 x 0
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: Second
- Dimensions: 0 x 0
Property
Details
- Parcel number: 60084501150050000
Features
- Levels: Three Or More
- Pool features: None
- Patio & porch: Rear Porch,Front Porch,Covered
Lot
- Lot size: 8,102 sqft
- Features: Interior Lot,Many Trees
Parking
- Total spaces: 2
- Parking features: Concrete,Door-Multi,Driveway,Garage Faces Front
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
- Cold Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $34,580 | $414,960 |
| Home Insurance * | $2,061 | $24,732 |
| Property Taxes | $9,012 | $108,144 |
| Electricity | $625 | $7,509 |
| Total | $46,278 | $555,336 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Listed for sale | $6,838,800 |
| 2024-12-23 | Sold | -- |
| 2024-12-04 | Pending sale | $2,499,000 |
| 2024-08-29 | Price change | $2,499,000 |
| 2024-08-14 | Listed for sale | $2,600,000 |
| 2017-01-26 | Sold | -- |
| 2017-01-09 | Pending sale | $1,099,000 |
| 2016-12-10 | Listed for sale | $1,099,000 |
New Construction
View on Zillow