FONTAINEBLEAU: Elwood beachfront mansion to smash suburb house price record
An incredible Elwood Arts and Crafts mansion that packs it all comes with price hopes that would almost double the seaside inner ‘burb’s price record.
Celebrity buyer’s advocate Frank Valentic’s family home at 20 Normandy Road raised the Elwood house price benchmark $200,000 to $6.8m in July last year.
But the waterfront ‘FONTAINEBLEAU’, at 31 Ormond Esplanade, is set to blow that out of the park and could almost double it with a sale anywhere near its mammoth $12.5m price tag.
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The elegant and sophisticated renovated 1929 pad is a design masterpiece, with refined cool coastal spaces opening out to bay-viewing terraces and a luxurious lap pool and spa.
Conjunctional agents Sam Goddard of Abercromby’s and Brian Devlin declined to comment.
CoreLogic records show the 1398sq m property last sold for $6m in 2015 and has been listed since October 30.
The listing dubs the four-bedroom home “Elwood’s crowning glory” as “a landmark property on the corner of Elwood’s best residential street”.
“The elevated living and dining areas reflective of Richard Swansson’s sublime design are reached via a stunning Stephen Akehurst heated marble staircase with walnut timber edging and embedded LED mood lighting,” it reads.
“On this level, the flooding light and sights of the bay accompany superb open spaces serviced by a Handelsmann & Khaw beachside inspired kitchen featuring Wolf and Sub-Zero appliances and bespoke Italian Marmarino surfaces.”
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Window seats throughout the property provide sunny nooks to relax in style, while European-inspired gardens offer a private sanctuary to retreat to after mornings at the beach.
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