Farm Ireland

Friday 20 April 2018

Kildare estate sells for €21,500/ac

Period house on 223 acres near Maynooth goes for €4.75m at auction at auction

Bidding battle: Four bidders were in the ring for Ravensdale House and estate situated between Leixlip and Maynooth
Bidding battle: Four bidders were in the ring for Ravensdale House and estate situated between Leixlip and Maynooth
Jim O'Brien

Jim O'Brien

Ravensdale House on 223ac between Leixlip and Maynooth in Co Kildare was purchased at auction last week for €4.75m or €21,500/ac

This marks the strongest price paid for a farm of that size so far this year. The estate was bought by a solicitor acting in trust for one of the larger domestic equestrian enterprises.

Ravensdale is one of the more substantial rural properties to come on the market in the greater Dublin area in recent times.

The two-storey over basement mansion was built in 1765 by the Duke of Leinster as a Dower house to the nearby Carton Estate.

It is described by Philip Byrne of selling agents REA Coonans Maynooth as a truly spectacular Georgian home and one of the best houses of its type in Leinster.

The 223ac of land is comprised of top quality free draining ground that is currently used for tillage and grazing purposes. Road frontage extending to 1.5km gives access to a separate rear entrance and three separate gate lodges on the estate.

The main residence consists of a two-storey over basement house with four main reception rooms all with high ceilings and original decorative plasterwork. The original features of the house are evident throughout with ornate cornicing, ceiling pieces and fireplaces.

The first floor accommodation consists of six main bedrooms, three dressing rooms, one guest toilet, one bathroom, and a study.

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The basement contains a large kitchen, a scullery, two pantries, a dairy, bottle room, parlour and three staff bedrooms. The house is in fine structural condition but is in need of considerable refurbishment and modernisation.

Outside there is a stone and brick-built two-storey stable block containing five stables, a saddle room, a cart house with horse accommodation complete with stalls.

There are two large walled gardens and two semi-detached cottages and a two-storey gate lodge by the rear entrance.

The lands are laid out in a number of fields with fine specimen trees and divided by traditional hedgerows.

Mr Byrne said the land has traditionally been set in grass but in recent years a large portion has been tilled and currently there are 100ac under tillage.

There was no hanging about at the auction and auctioneer Willie Coonan had no trouble getting a strong opening bid of €3m.

Four bidders entered the ring and matters proceeded swiftly in bids of €100,000 and €50,000 until there was an adjournment when the price on offer reached €3.8m.

After the adjournment the auction kicked on from where it had stopped and with €4.1m on the table the auctioneer declared the property on the market.

Two bidders remained and they waged battle in bids of €50,000 until the hammer fell at €4.75m.

Indo Farming