Tudor Lodge, Violet Hill, Church Road, Killiney, Co. Dublin
€2,950,000 - 6 Bed Detached House 597 m² / 6426 ft² For Sale (0.62 ACRE)
And still they keep coming - the 8th house formally on the market for over +2m in Killiney.
Previously offered in March 2004 for 2.25m (it was 1,000 sq ft. smaller at 5,300 sq ft. but in very good condition).
Sold for 2.775m in April 2004 at auction.
Current Irish Times review for the 2015 sale process.
I think this is a very pretty house with a lovely layout and façade. Even the internal layout is very appealing and interesting.
The site is 0.62 acres and reasonably square-like with the house situated in the centre, so there are reasonable grounds all around it (a very nice set up and surprisingly hard to get in Dublin where so many sites have been broken up in a crazy way). (this is my fifth attempt to paste in their so map!)
The issue is pricing. Even though they have added 1,000 sq ft. since purchase, I don’t know of many +2m houses in Dublin that are anywhere near their 2004 sales prices. 2.775m was not a big price in 2004, even for Killiney. Houses in Sorrento Terrace were asking c 3.8m to 4m in 2004. Other acre sites off Killiney Hill Road (Paddock Wood, Buena Vista) were getting c 5m in 2004. Church Road has not been able to attract anything like the pricing of Killiney Hill Road. Even today there are several houses on almost an acre in and around Church Road / Balure Lane being offered for c 1m per acre.
The house is so pretty however that I think they have a shot at getting a foreign buyer / embassy / corporate buyer (I.e. somebody else’s money) who just wants this, regardless of cost. If that doesn’t work, I think the pricing will come closer to c 2.5m than 3m.