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Luxury hillside mansion smashes records in $11 million sale

A giant home with a sprawling view of forest and sea has broken a suburb’s sale price record after four years on the market.

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A luxury mansion has sold after four years on the market, for a record-shattering $11 million price tag.

The home at 430 Cooroy Mountain Road, Cooroy Mountain, is known as ‘Stonelea’: designed as a large-scale retreat, build into the ridge line of the Queensland mountain.

The luxury house ‘Stonelea’, at 430 Cooroy Mountain Rd, Cooroy Mountain.
The luxury house ‘Stonelea’, at 430 Cooroy Mountain Rd, Cooroy Mountain.
The home sold for $11 million in a record sale for the suburb, after being on the market for four years.
The home sold for $11 million in a record sale for the suburb, after being on the market for four years.
The house previously had a $15 million price tag, and had traded several agents in searching for the right buyer.
The house previously had a $15 million price tag, and had traded several agents in searching for the right buyer.

Previously on the market with a price tag of $15 million and above, the home had been listed with several different agents over the years.

It went to auction in October, with negotiations following the proceedings.

Soon after, the home was put under contract for a price understood to be $11 million.

The previous known record for a home in Cooroy Mountain was set in September last year, when a property at 146 Solar Road sold for $10m.

Agents from Century 21 representing the home declined to comment on the sale.

The house features wide, panoramic views of the Noosa Hinterlands, stretching out to the Pacific Ocean in the east.

A long, winding driveway leads to the mansion through landscaped lawns, with space for 14 cars in the driveway.

The house itself has five bedrooms and five bathrooms, and an open plan designed to encourage natural light across its six-metre high rooms.

With a dual-sided fireplace for indoor-outdoor entertainment, a subterranean media room and a dressing room in the master suite that’s 140 sqm large, the house is a huge luxury home designed for those who can spend a premium price.

Previous vendors, Phillipa and Mark Watson, told The Local Project the home felt intrinsically tied into the mountain while they were living there.

“The scale of the house was quite mind-blowing, really,” Mrs Watson said. “It wasn’t ostentatious, it was this magnificent caring home; and it had a very strong, dare I say it, spiritual feel.”

Previous vendors described the house as if it belonged with the mountain.
Previous vendors described the house as if it belonged with the mountain.
The view of the property stretches through the Noosa Hinterlands and out to the Pacific Ocean.
The view of the property stretches through the Noosa Hinterlands and out to the Pacific Ocean.
Its sale beats the previous known sale record in Cooroy Mountain by $1 million.
Its sale beats the previous known sale record in Cooroy Mountain by $1 million.

Originally published as Luxury hillside mansion smashes records in $11 million sale

Original URL: https://www.news.com.au/finance/real-estate/brisbane-qld/luxury-hillside-mansion-smashes-records-at-11-million-sale/news-story/f16743be0816e9a1d14c2a3939121d03