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Entrepreneur Swaps $4M Mansion for Priciest Penthouse
24 Sep
Summary
- Entrepreneur Sada Cumber lists $4M Sugar Land mansion.
- Couple buys region's most expensive penthouse for $4.9M.
- Move reflects a desire for lock-and-leave living near amenities.
Sada Cumber, a former special envoy to President George W. Bush and a prolific entrepreneur, has listed his $4 million Sugar Land estate. The Cumbers are trading their 8,405-square-foot suburban home for a 4,930-square-foot penthouse on the 34th floor of the Residences at the Allen. This luxury condominium, purchased for $4.9 million, is noted as the most expensive condo sold publicly in the region this year.
The couple describes this move as entering the "reward phase of life," opting for a reverse migration from the suburbs to the city. Their decision is also influenced by proximity to family and the newly opened Ismaili Center, Houston. They plan to complete customization of their new home within approximately 90 days, anticipating a relocation thereafter.
