Thursday, August 13, 2015

Dublin’s most expensive house is sold for €10.5m

Dublin’s most expensive residential home, 1 Sorrento Terrace in Dalkey, has been sold according to a report in today’s Irish Times.

According to the paper, the high profile end-of-terrace property with spectacular views of Dublin Bay on the area’s most exclusive coastal strip was sold in recent weeks to a US buyer for about €10.5 million.

Sorrento House was put on the market in 2013 with a selling price of €12 million.

David Ashmore of Sherry FitzGerald and David Bewley of Lisney were joint agents for the sale, which was brokered through Christies International. Ashmore declined to comment on the purchase except to confirm that the new buyer plans to use Sorrento House as a private residence.

The owner can look forward to palatial living in a stunning setting – the 714sq m (7,685sq ft) property sits at the end of a gleaming strip of protected Victorian houses between Bullock Harbour and Killiney’s Vico Road. The grounds cover two acres of headland, giving it an unrivalled dual aspect. The panoramic views take in Dalkey Sound, Bray Head and the Sugarloaf in the distance.

Neighbours on the strip include film-maker Neil Jordan, who owns two adjoining houses, legal professionals, and property developing partners Robin Power and Michelle Kavanagh. The adjoining property, which is substantially smaller, sold for €2.5 million in August 2012, while 3 Sorrento Terrace sold in May 2014 for €3 million. Number 1’s sale price of €10.5 million would be consistent given that the house is more than double the size of Number 3 and the property’s exceptional situation on two acres of headland.

Sorrento House was lavishly refurbished throughout and it features antique Jerusalem marble in the hallway, three types of wood in the ornate parquet flooring in the diningroom, and decorative Japanesque panels that were commissioned for a number of rooms.

Perhaps the finest room is the orangery, glazed on all sides with three sets of French windows opening to a wraparound terrace that takes in the full breadth of Killiney Bay. A fully stocked cocktail bar makes it the ideal setting for pre- and post-dinner drinks.

The post Dublin’s most expensive house is sold for €10.5m appeared first on MyHome.ie Advice & Blog.

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