The Over The Top award for December goes to Balderdash in Hayes-Barton. This historic design is of the eurofabulous influence, not historic old Raleigh. This section of upper Cowper is becoming castlefied one estate at a time.
Price: $ 3,695,000 / Bedrooms: 4 / Total Full Baths: 4 / Total Half Baths: 2 / Garage: 2-Car / Acres: .46 / R-4
Estimated Sq.Ft.: 1300 (?!) perhaps 7500... or 75,000.
House and lot purchased 7/20/2006 for $1.125M.
THIS ELEGANT 'HISTORIC DESIGN' IS NEARING COMPLETION. SLATE ROOF...COPPER GUTTERS....MARBLE FOYER...3 FIREPLACES...1ST FLOOR MASTER BEDROOM...LARGE FORMAL LIVING ROOM WITH FRENCH DOORS TO THE TERRACE...CIRCULAR STAIRSCASE...BEAUTIFUL COVERED PORCH...REAL STUCCO EXTERIOR...CLICK MEDIA LINK FOR PLANS OF THIS FINE HOME. COMPLETION 3/08'.
The history of the neighborhood, as taken from the Raleigh Architectural Survey, notes:
By contrast, the grandest of the second wave of suburbs is Hayes Barton, Raleigh's first twentieth century upper-class neighborhood. Bordered by Glenwood Avenue, Fairview Road, Williamson Drive, and St. Mary's Street, Hayes Barton is an exclusive residential district where pecan and willow oak trees shade Georgian and Colonial Revival houses along streets that bear the names of former North Carolina governors such as Jarvis, Reid, Stone, and Vance. The earliest house here dates back to June, 1920, when the suburb developed by the Allen Brothers and the Fairview Realty Company began its transformation from the cotton fields of B. Grimes Cowper. Marketed specifically towards the high end of the economic scale, Hayes Barton was named for Sir Walter Raleigh's birthplace in Devon, England.
Hayes Barton is one of several upper and middle-income suburbs in North Carolina designed by Earle Sumner Draper, a distinguished landscape architect. His layout of Hayes Barton was similar in overall character to Myers Park in Charlotte; in 1911, John Nolen, a pioneering city planner, had created the Myers Park design which was a highly influential diagram for spatial and social organization throughout the south. There, Nolen formulated components for a successful suburban enclave such as curving streets, greenway parks, streetcar transportation, and a restricted number of entrances.  Hayes Barton appealed to the well-to-do with its promise of privacy, large wooded lots, and commuting distance to downtown Raleigh.
Soon after utility linkages and paved roads were installed, there was a rush to build on the 175 acres. The design of the 1920s housing stock followed traditional and popular tastes, mainly large Colonial Revival houses. The majority of dwellings are two stories tall, built of masonry, with gable roofs and handsome restrained classical details. A substantial proportion of the houses are custom designs by local architects such as Thomas W. Cooper, William H. Deitrick, Charles Atwood, Arthur C. Nash, and James A. Salter. The most prolific builders in Hayes Barton were James A. Davidson, C. V. York, Howard Satterfield, John W. Coffey, and Roland Danielson. In some cases these men built from architects' designs, but some, such as Satterfield, designed as well as built houses. Nearly half of all the dwellings in Hayes Barton were erected during the 1920s; they were inhabited by insurance agents and bankers, physicians and attorneys, salesmen and administrators, many of whom were employed in downtown Raleigh. Hayes Barton was and is an area of impeccably manicured landscapes, and pristinely maintained residences which still house some of the capital city's political and social leaders.
A drive through the neighborhood reveals a diminishing mix of housing styles. Some of the later homes were built during earlier waves of infill. These houses are meeting with the wrecking ball and houses surpassing the current median value are taking their place. Watch out for the day when the older fine homes are deemed insufficient.