WOULDN’T IT BE nice to have a private deck overlooking the sea this weekend?
How about paying €12 million for such a view?
Incredibly, this price is not necessarily indicative of the property price bubble that has enveloped some areas of Dublin – because Sorrento House, the end property on the incredibly expensive Sorrento Terrace, was once up for sale for €30m.
That was in 2006 - surprise surprise – and it didn’t sell at the time, dropping to €20m.
The property then disappeared from the listings, until it popped up again late last year. It is still for sale and available to view on Daft.ie and MyHome.ie with the €12m price tag attached.
It was bought for £5.9m (around €7.5m) by Dublin-born businessman Terry Coleman in 1998 and he carried out a multimillion euro facelift on the property which involved building a caretaker’s cottage and garage, and landscaping of the massive site which rolls down to the cliff edge at the east of the property.
This is what it looks like now:
That part of Killiney Bay near Dalkey/Killiney is of course reknowned for attracting large price tags. Dubbed as ‘the Irish Riviera’ (by some smart estate agent, no doubt), it has made neighbours of Bono and members of U2, Eddie Irvine and Oscar-winning directors Neil Jordan and Jim Sheridan.
There is a fascinating history of Sorrento House on the Dublin Estates blog, which says that there were meant to be eight houses on Sorrento Terrace but that construction stopped when the Famine paralysed Ireland in the mid 1800s. Give it a read here.
Alternatively, if you’ve only a few mill to spare (tough times, y’know?) and still want a bit of Dalkey history, you could put down €2m on the Martello Tower on Harbour Road. It has only one bedroom but wait until you see the roof garden….
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