Dunmara, Strand Road, Killiney, County Dublin, A96 N93
€6,000,000 - 6 Bed Period House 436 m² / 4693 ft² For Sale (1.1 acre)
Like a scene from the “Republic of Telly”
“Sure that feicker in Sorrento House also in a semi-D, on an acre, by the water - who we can see direct from our lawn - got 10m.”
“Exactly, and the other feicker, also in a mock castle on the water on less than an acre, on Coliemore Road, is asking 10m.”
“You said it, and the Sunnyside guy, who also lived by train tracks, but in a smaller gaff and site, got almost 5m.”
“And he could look at the water, but he couldn’t get down to it !.”
“And sure don’t we have DD and CD next door - our safety blanket.”
“Lets just play it safe and put it up for 6m, we’ll get a bidding war going from there.”
“And don’t bother with a big agent and their fees, at 6m, anybody can flog this.”
Dunmara has already made it onto the PIN’s worst value house in Ireland:
There is only one real buyer of this house … and he (and she) live next door (and are very attached to this area, and have done really well in the downturn, and dare I say it, need the space to be able to play their music at full blast).
There is strange dynamic going on in high-end Dublin. In the 1990s, many of Dublin’s most expensive houses were in Killiney and Dalkey (Damon Hill, Jim Kerr, Lochlann Quinn bidding on Sorrento House etc.), where as houses in core D4 & D6 were much less valued. During the tiger era of the naughties, the tables reversed, and prices in D4 and D6 skyrocketed, while price appreciation in Killiney and Dalkey was more restrained. Now that international buyers are dominating Dublin high-end again, prices in Killiney and Dalkey (for the “sea view” or “best” houses) seem to be getting much stronger (and on a par with D4 and D6). While I can point to several houses in D4 that struggled to get the pricing of mid-2013 in 2016 (i.e. 70 Ailesbury Road, 57 Merrion Road, St Finbars Ailesbury Road thepropertypin.com/viewtopic.php?f=10&t=65796), some of the “sea view” or “best”, Dalkey and Killiney houses have really surprised lately (Sunnyside, Sorrento House, Hawk Cliff etc.). Shows what an amazing deal Bartra House in Dalkey was (as predicted by SoCoDu).
Foxrock, which used to also be quite desired in the 1990s, has seemed to really go almost nowhere. The lack of the “sea view” puts off the international buyer, and the stillorgan traffic is so mad now, that D4 & D6 is more desirable in all cases.
I was shocked when Sunnyside went for even over 4m, but I will be really shocked if Dunmara makes its asking.