Cooldrinagh, Kerrymount Avenue, Foxrock, Dublin 18
€4,250,000 - 3 Bed Detached House 380.9 m² / 4100 ft² (1 Acre) For Sale
I think this house has been for sale for at least three years (if not longer) ?
Cooldrinagh looks very beautiful and the gardens also look very beautiful. Kerrymount is also a very nice road.
The nearby M50 and its exits into Foxrock, have changed the character of this area considerably in my view. I have the feeling that Foxrock prices have fallen behind Monkstown / Dalkey / Killiney prices, over the past few years. There have only been 2-3 sales over 3m since 2010 (Killiney has had at least 6).
The internals of the house seem a bit unusual - 3 bedrooms for a 4,000 sq ft. house ? It will be additional cost to re-structure this to modern affluent living. I suspect, given the history, that this is a heavily listed house, and therefore such re-structuring might not be straightforward. Also a pity that the historical back garden of the house seems to have been sold off for another development and thus the house is stuck into a corner of the site. Would have been lovely when it sat right in the middle of a larger c. 1.5 acre site.
The asking of 4.25m is nowhere near realistic. The benchmark is Stanford House on nearby Westminister Road (almost equally good road to Kerrymount), which went for 3m (1.5 acres + 4,000 sq ft.) at the end of 2014. Even 3m would be a push for Cooldrinagh.
Can’t understand the pricing of this house and why, given the high level, they have kept it advertised for so long. Usually when a seller has very strong expectations of price, it is left off-market to be only introduced to the ‘right buyers’. This strategy does not make sense to me.
I actually wonder if this house is really for sale (in the normal sense of a willing seller)?