The popularity of Pittwater during the pandemic has been highlighted with another record setting beachfront sale. The contemporary classic style Palm Beach home of Lisa Keighery has sold.
No price reveal yet from McGrath selling agent William Manning, who took the listing down from websites on Friday. However Keighery’s five-bedroom, four-bathroom home had come with a bullish guide of $16 million to $17 million since July. And Manning had been telling underbidders they’d need to be paying within the price range.
It will be a record price along Iluka Rd.
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Incredible home has 9-hole golf course and 6km beach
Keighery used architect Alexander Roth, along with Marco Meneguzzi, for the interiors.
Her Snapperman Beach home was bought for $7,555,000 in 2007, a year before her fashion-designer husband Mark Keighery died, having fought cancer for 10 years.
The 582sqm listing followed the $9 million nearby sale to Anthony Scali, the retail family’s third buy on Iluka Rd, this one from the Mitchell family who paid $72,500 in 1977.
Goldman Sachs’ Zac Fletcher bought the adjoining building block for $10.35 million. The Iluka Rd price record has stood since 2007 with Uncle Toby’s founder Doug Shears’ $15 million purchase of Anakela from the late grocery tycoon Jim Fleming. And it was a 1948sqm holding.
Agents have noticed a wave surge in buyer interest since the pandemic triggered the trend of wealthy buyers gravitating out of the city for lifestyle properties. And preferably easily accessible.
The late June sale at Newport of Casa Paloma, the newly-built home of model Jennifer Hawkins and her builder husband, Jake Wall, for a stellar $24.5 million to Mike and Annie Cannon-Brookes confirmed the push was on for safer, spacious, and luxurious second homes. The price guide for the glamorous couple’s Pittwater offering during its eight months of marketing had been $20 million through Christie’s International agent Ken Jacobs.
Across on the ocean side, the jewellery designer Sybella Morris splashed out in July to secure the Alex Popov-designed residence The Hutt at Whale Beach for $10.3 million. It had been listed through David Edwards, of LJ Hooker Palm Beach, for two years.
The record price for the beachfront strip at Palm Beach was set in February when Caledonia co-chief investment officer, Mike Messara paid $24 million for the Chisholm family’s trophy home, Melaleuca.
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