The story of 2324 Panorama Court is, what I would call, a Real Estate Nightmare. Although a comfortably nice home, the history and story behind the behemoth is, simply, a nightmare. It all started in early 2000's when Johar Saran wanted to build a large new home for his wife and up-and-coming kids. Saran was a serial Pharmacist owning over 20 pharmacies in the Dallas/Fort Worth metroplex - in other words, big time income. It all went downhill when his crimes were unearthed. Saran was selling drugs over the internet without legitimate prescriptions, obviously a no-no. He was arrested in 2005 and plead guilty to his crimes in 2006; Saran was sentenced to 12 years in federal prison. Not only was he forced to pay up $68 million dollars, but he also lost all his drug-payed assets, including his mansion at 2324 Panorama Court. In 2010, the bank tried to auction off the home, but no one bid. As I said, nightmare.
Apart from its "rich" history, the traditional Mediterranean home sits comfortably vacant atop a hill overlooking Rush Creek. Currently, it is listed as Arlington's most expensive listed property. The 2.6 acre lot hosts a 22,100 sq. foot mega with 4 floors. More amenities include 7 bedrooms, 8 bathrooms, an indoor pool, gym, library, dance studio, music room, heated marble floors, a media room, sauna, 5 fireplaces, several balconies, large windows, and more. The sprawling estate and home, once appraised at just over $5 million dollars, is now listed at $3,400,000. From making $50,000 a day to losing everything, I hope Saran has learned his lesson. Good luck selling this one!
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