Houston’s luxury real estate market began 2026 with the sale of a River Oaks mansion that had an asking price of $13 million. The 11,700-square-foot property at 3649 Chevy Chase Drive was sold by oil broker Jarrad Lewis and interior designer Colleen DiFonzo to physician Adeeb Dwairy and attorney Caroline Dwairy. Compass Real Estate agents represented both the buyers and sellers in the transaction. The final sale price was not disclosed, but the asking price equated to about $1,100 per square foot.
The home, built in 2023, features five bedrooms, ten bathrooms, a game room, and a gym equipped with a sauna and steam shower. It was initially listed for $15 million in June before undergoing several price reductions over the following months.
Buyer’s agent Christine Laborde commented on Houston’s high-end housing market: “And so, when those homes come open in Houston, they’re gone.” She also noted the advantages of the property’s location: “You’re inside the 610 loop. You’re closer to multiple sports venues,” adding that being centrally located is appealing in a city known for its size.
River Oaks remains one of Houston’s few neighborhoods with a consistent inventory of homes priced above $10 million. Last year, five out of Houston’s top ten residential sales occurred within a mile of this address.
According to Redfin data from last fall, luxury homes in Houston sold on average within 52 days—about half as long as it took similar properties to sell in Austin.
While this sale does not set a new record for the city, it surpasses several other high-value transactions from last year; seven out of Houston’s ten most expensive homes sold in 2025 had asking prices below $13 million. This positions the Chevy Chase property as likely to be among the top five sales for 2026 unless another prominent listing—such as a castle at 107 Timberwilde Lane currently seeking $60 million—sells later this year.
Christine Laborde said: “You’re inside the 610 loop. You’re closer to multiple sports venues.” She continued: “And so, when those homes come open in Houston, they’re gone.”
