Victorian property industry stalwart Barry Plant and his wife Karen have clinched the sale of their Gold Coast mega-mansion for $9m, slashing $3m from the initial asking price after more than a year on the market.
The couple, who founded one of the country’s largest real estate networks with 70 offices in Victoria and South Australia, built the striking American-style home on the Sovereign Islands after acquiring the land for $1.5m in 2014.
Now that’s a rooftop!
A glass-edged pool and entertaining terraces with spectacular views for hosting parties of up to 100 guests
It first hit the market in November 2022 with price hopes of about $12m, with a buyer finally secured after the property was re-listed with another agent and reduced expectations.
The deal, handled by Ray White Sovereign Islands agent Ali Mian, was the week’s highest residential sale across southeast Queensland reported to realestate.com.au.
Named The Lighthouse for the glass pyramid on its rooftop shining over the Broadwater, the house at 18 Knightsbridge Pde East was crowned Master Builder’s Gold Coast Home of the Year when it was completed in 2017.
Barry and Karen Plant with their two Samoyeds, Friday & Tiley at the Sovereign Islands home
The four-level home comprises basement parking for 12 cars, with about 1,380 sqm of internal living space including four bedrooms and nine bathrooms.
Its bold black facade, trimmed in white with pops of red, features turrets and porthole-like windows, while the home’s top level hosts a full-floor party deck, complete with rooftop pool, barbecue kitchen and teppanyaki bar.
“The entire top floor is an entertainer’s dream [and] can host over 100 guests, with stunning views to and beyond Surfers Paradise and the Hinterland,” the listing stated.
“This much-loved family home occupies a premium parcel of land boasting incomparable views without a neighbour in sight.”
A striking facade
The Hamptons-inspired kitchen
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Property features include a luxurious Hamptons-inspired kitchen with marble benchtops, executive office, lavish master bedroom with walk-in dressing room, boudoir, ensuite and private balcony, wine cellar, gym, and lift servicing all levels.
Mr Plant began his real estate career at age 18 and founded his eponymous business with his interior decorator wife in the Melbourne suburb of Templestowe in 1979.
PropTrack data shows house prices in Paradise Point, encompassing the exclusive Sovereign Islands estate, were down 8.7 per cent over the past year to a median of $1.63m.
The home is spread over four levels
Lavish living and dining spaces
The post Real estate boss Barry Plant clinches $9m Gold Coast mega-mansion sale appeared first on realestate.com.au.