Mega mansion ‘Arcachon’ with library, wine cellar and jacuzzi hits the market

Arcachon at 8085 Riverside Drive, Sanctuary Cove is up for sale.
A GOLD Coast mansion with a string of luxury features has hit the market with a $15.95m price tag.
Arcachon, in gated Sanctuary Cove in the northern pocket of the city, comes with a wine cellar, library, heated pool, jacuzzi and a state-of-the art pontoon that can accommodate an 100ft vessel.
A street view of Arcachon.
Arcachon has a $15.95m price tag.
Arcachon offers plenty of entertaining areas.
Property records show the seller is Ann Knipe, who paid $10 million for the 1841 sqm estate at 8085 Riverside Drive in January, 2021.
The estate includes more than 60m of river frontage and a 180-degree view of a protected nature reserve.
Real estate agent Matt Gates describes Arcachon as one of the premier residences in Sanctuary Cove.
Relax by the pool ar Arcachon.
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The French provincial-style house has five bedrooms, five bathrooms as well four living areas, a gym and a garage for up to eight cars.
“Without a doubt this is one of the premier residences in Sanctuary Cove and on the Gold Coast,” said Ray White’s Matt Gates, who is marketing the property.
He said he expected strong interest in the property as the prestige market sector continued to outperform the broader housing market with a record $40 million in sales in October in Sanctuary Cove.
5719 Anchorage Terrace, Sanctuary Cove recently sold for almost $14 million.
The record result included the sale of 5719 Anchorage Tce within the community for almost $14m.
Built in 2017, the luxury home has a host of high-end features including the basement wine club housing 2000 bottles of top-shelf plonk, along with a heated infinity-edge pool, riverside firepit lounge, executive office, gym, plus a boat shed and 30m pontoon.
Business tycoon Tony Quinn paid $17.7m in 2021 for his Sanctuary Cove property.
The highest price paid in Sanctuary Cove is $17.7m in November, 2021, when Gold Coast business tycoon Tony Quinn bought a five-bedroom, 11-bathroom waterfront home.
Mr Gates said there was a shift in prestige buyers to a younger market, while the proportion of active, wealthy retirees including Australians and overseas buyers remained strong.
Sanctuary Cove is a self-contained, luxury residential locale at Hope Island that offers golf courses, a shopping and dining village, a country club, and a world-class marina.
A buyer paid $24.8 million for 5 McMillan Court, Southport in September.
The highest price paid on the Gold Coast this year is $24.8 million for a riverfront estate in Southport.
Alston, at 5 McMillan Court is the highest residential property sale in QLD this year.

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