Danes Hollow, Thormanby Road, Howth, Co. Dublin
€9,500,000 - 5 Bed Detached House 800 m² / 8611 ft² For Sale
(3.3 acres including all land to cliff path walk; 2.1 acres excluding the scrub land between garden and cliff path walk, per OS)
Irish Times - Riverdance duo’s Howth home for €9.5m
Post Script: Was able to measure this digitally. While the owners past planning documents (several for Danes Hollow on the Fingal Planning website, last being F07B/0841) list the site at 1.8 ha (c. 4.5 acres), that goes down to the beach (bottom of cliffs, which is not right), Ganley list the site at 3.3 acres, which is all the land to the cliff walk (which is the right way), and excluding the “scrub” land between the garden (flat grass) and the cliff walk, gives you 2.1 acre site. i.e it is 3.3 acres of land that feel like 2.1.
Attached is the site plan from their last planning in 2013 (Ref F07B/0841) on the Fingal Planning site.
The owners do own some neighboring land (in blue on the above map), but that was not counted in the F07B/0841 planning. The site plan also shows the guest cottage at the cliff edge which the owners are holding onto. Danes Hollow is a c. 2 acre effective site (and another 1.2 acres of “scrub” or semi-cliffs to the cliff path walk). This is why on google earth, the flat green area of Danes Hollow doesn’t look like a 3.3 acre site (it is actually 2.1 acres). A good comparison is to check the Google Satellite view of Danes Hollow vs. neighboring Long Acre. Long Acre is just over a 3 acre rectangular site (c 12,300 sq m). You can see that the entire Danes Hollow site (to the cliff path walk) is 3.3 acres, however the “useable” site (the “green grass”) is 2.1 acres.
Confusion from Ganly with the scale of the buildings as their planning refers to a 666 sq m house (7,000 sq ft) plus a 51 sq m in deferred construction (not 9,000 sq ft.). Not sure that this looks like a 9,000 sq ft. house but the underground swimming pools and gym / parking might be the issue here in terms of how it is classed.
Some odd script from Ganly Waters here (they should really do a better job given the status of this deal), with emphasis on the shipping passing by (not sure that cargo ships are a classy sell here), and that the house is an “arts & crafts” or “New England style”. These styles are typified by their excessive use of wood (and wood paneling on the outside and inside), which Danes Hollow does not (it is all stone). In fairness, Danes Hollow is of a much better and higher standard of design and construction than “arts & crafts” (very poor label to give it). In fact, I think that Danes Hollow is a really (really) beautifully designed and constructed house (of a standard and taste not often seen in Dublin high-end). You would be hard pressed to build a better design and standard if you started from scratch today (unless you wanted a completely balls-out contemporary glass and steel type house).
No reference to neighboring Carnalea’s recent 5m purchase (because something is odd about that transaction, but we will see, depends if it was full 1.65 acres). Discussed here thepropertypin.com/viewtopic.php?f=10&t=65846
Still, very hard to value such a unique house, and its positioning and construction are really outstanding.
I’m sure that the land of Danes Hollow itself is worth 3m if not 4m, alone. Long Acre near Danes Hollow, recently sold - and quickly - for 2.5m. While Long Acre was a full 3 acres, it was non-cliff land (other side of road). The Danes Hollow site is far superior imho, being right at the dramatic sea cliffs, and therefore a much more private, and impressive positioning (Long Acre is overlooked and more exposed). Danes’ site alone would get 3.5m (vs. Long Acre), and could get up to 4m for the right buyer.
A +7,000 sq ft very high end house such as this (with massive pool + spa + gardens etc.) would cost over 3m to build (all-in plus VAT and fees) if not more at 3.5m (and higher depending on the fit out of the large spa).
So there is easily 6m, but likely over 7m, of land and build cost here alone.
However, there have been many high-end houses sold in Dublin post the GFC for close (and below) land+cost of build (most recent example being Tudor House in Dalkey (thepropertypin.com/viewtopic.php?f=10&t=61164). The common thread with such houses, if that the location and site positioning are not perfect (views, prestige, gardens), and thus fails to attract the “money” (and the premium). The only element against Dane Hollow is “da north side” tag. Ultimately, it has to compete with cheaper mega mansions in more affluent areas like Beulah Harbour in Dalkey (where the “real money” lives, and which also has c. 2 acres of usable land down to the sea with an equally beautiful house, but in much more tired condition and no pool / spa etc.). In this regard, I would have added the guest house by the cliff with the deal (you expect such “treats” at this pricing to get it done), which I think would be important in getting a big number, for a north-side house.
However, still an amazing home + site, and will certainly attract a “big price”.
Question is whether it will need another foreign buyer to shift.
Almost all “genuine” Dublin purchases over 6m, post GFC, are foreign related (often an Irish spouse).