Business Irish

Thursday 24 August 2017

€7.5m estate is richest Irish sale despite crisis

A Palladian mansion and a €3m Victorian pile are among the 10 most expensive properties sold so far this year amid our economic gloom

AS the Sunday Independent reveals the 10 most expensive properties sold so far this year, we can also disclose that despite the nation's ongoing economic and political turmoil, sales of five more ultra-expensive properties are currently nearing completion, according to several estate agents.

They revealed very little, but one is believed to be priced at €7.5m -- the same price as the most expensive property in our list below.

The price of a second is above €2m, while sales of three more priced between €2.4m and €3m are also nearing completion.

Agents cannot reveal actual selling prices, nor do they reveal information about off-market sales, some of which may have surpassed €3m. Therefore, this is the best information we have, given that we still do not have a house-price register in Ireland.

Newberry Hall Demesne,

Co Kildare: €7.5m

Although in need of extensive renovation work, this Palladian mansion on 444 acres was sold in September to an unmarried young Irish farmer.

It took just three weeks to sell, during which time 14 farmers and businessmen from Ireland, the US and UK viewed the property. The buyer is understood to have employed one of the leading consultant architects in the business to oversee the restoration, the cost of which may also run into millions.

5 Waltham Terrace, Blackrock,

Co Dublin: €3m (asking price)

A sale is understood to have been agreed but not yet completed on this five-bedroom 3,000 sq ft Victorian pile on one of Blackrock's most desirable roads. Features include a private walled rear garden, designer kitchen, playroom and breakfast room.

Killoughter House, Ashford,

Co Wicklow: €2.9m

Established by Sir Chester Beatty in the Fifties, this 160-acre equestrian estate with Victorian farmhouse includes yards, 70 loose boxes, four-furlong gallop and other horse-training facilities.

With views over parkland toward the sea, it comprises five double bedrooms and five bathrooms and several stunning reception rooms. It sold for €400,000 over the advised minimum value.

Kilmurry House, Thomastown, Kilkenny: €2.5m (asking price)

This 18th-Century nine-bedroom, 13,400 sq ft country mansion is surrounded by 20 acres of lawns and parkland and features a ballroom -- ideal for soirees and parties for your friends.

Elsewhere on the property, there are three apartments, a walled garden, and lawns with mature trees.

The new owners can also catch their own dinner in the two-acre trout lake.

Whaley Abbey, Ballinaclash,

Co Wicklow: In excess of €2m

This Georgian house on 23 acres features a country-style kitchen with candle chandeliers and the obligatory Aga, several fireplaces and a cinema room.

Allenswood House, Lucan,

Co Dublin: €2m

Approached via a long wooded avenue and on 218 acres of some of the best farmland in Ireland, this early 19th-Century five-bedroom house comes with outbuildings, stables and a gate lodge.

With staff quarters, a wood-panelled library, pantry, scullery and larder, the owners could easily pretend they are in the recently popular period drama Downton Abbey.

Knockarron, Enniskerry, Co Wicklow: €1.99m (asking price)

This five-bedroom, 6,000 sq ft pile overlooks the Dargle Valley toward Djouce Mountain and is surrounded by four acres of mature landscaped gardens with several patios.

Villefranche, Brittas Bay, Co Wicklow: €1.95m (asking price)

Featuring a hot-tub, jacuzzi and communications room, this five-bedroom, villa-style house on one acre has its own tennis court and swimming pool.

With access to Brittas Bay beach included, its owners can enjoy their summers in a style that would not look out of place on the Cote D'Azur.

19 Waltham Tce, Blackrock,

Co Dublin: €1.6m (asking price)

Smaller than number five above, this was the second property with one of the most sought-after addresses in the coastal suburb of Blackrock to make our top 10.

Rahanna, Ardee, Co Louth: €1.6m (asking price)

One of the finest houses in Co Louth, this late Georgian seven-bedroom house has period features and is approached by a sweeping tree-lined avenue. Outside, there are outbuildings, a three-acre walled garden and 29 further acres of parkland.

Last Year's Number One

Ryanair boss Michael O'Leary is believed to have paid about €5.9m for No 12 Raglan Road in Ballsbridge, Dublin, last year. The five-bedroom Victorian redbrick is next door to another house that he has renovated.

Sunday Independent

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