Windermere is on half the site size, but is not on the dual carriageway (quid-pro-quo).
However, the larger size of Windermere’s 2016 sale for 3m, means Hillside might still have a discount to go. Just shows (per and earlier thread of mine, see link below) that Dublin high-end housing, is not much further developed from its initial bounce in mid 2013 (even in D4). If Hillside goes for much below the asking, then that would probably be more like 2012 pricing (imho).
after Windermere going for only 3m (2013 pricing), if Hillside goes for much less than the 2m revised asking, that would be probably back to 2012 pricing
(i.e. little uplift in prices in high-end Foxrock post GFC).
outside of development companies buying large old and/or derelict Foxrock houses as sites for up to 3m an acre, for multi-family housing (careful with planing here on the listed period ones), pricing in higher-end Foxrock seems to have made little headway since mid 2013. See discussion on Mandeville. thepropertypin.com/viewtopic.php?p=870137#p870137. If a multi-unit developer does not buy, then 2m per acre is the ceiling for pricing in Foxrock for private homes (and that is the best roads).
similar situation in Killiney and Dalkey, except that for sea-view sites, the pricing can get to 2.5-3m per acre.
see discussion re Killiney House for more: thepropertypin.com/viewtopic.php?p=871047#p871047
actually, i would be surprised if a development company is not buying Hillside in Foxrock (per original 2006 buyer) ? although, the original buyer never seemed to even try to get multi-family planning on this site, which I think was their original intention ? which i think, regardless of their situation, would have been a no-brainer, and might have enhanced the site value ?
Sold for €1.8 million. Very big reduction on the €6.6m paid by the owners, considering how hot the market is these days - good buy IMO if the N11 background noise doesn’t bother you much.