Celebrity beach home to make $1.75m in just one year

A beach hideaway popular with celebrities is set to be resold for $1.75m more than when it changed hands just last year.

This popular celebrity hide-out to set to grow a lot in value, very quickly. Source: LJ Hooker

The Markopoulos family has listed its Palm Beach retreat, which was bought from actor turned children’s book writer Sophie Lee.

The retro, Hamptons-style three-bedroom house is set on a beach and boasts a boatshed.

The Barrenjoey Rd home has $7.5 million hopes with Dennis Kennelly at LJH Palm Beach.

Lee, who bought it from Collette Dinnigan, sold it early last year for $5.75 million.

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The Markopoulos family has listed the Palm Beach retreat which was bought from actor turned children’s book writer Sophie Lee. Source: LJ Hooker

Summer vibes. Source: LJ Hooker

It’s a celeb haven. Source: LJ Hooker

“Gazing directly across shimmering Pittwater to Ku-ring-gai Chase National Park, this character filled cottage boasts what is undoubtedly one of the area’s most extraordinary positions,” the marketing brochure read when the home was last sold.

“The renovated cottage is set directly on the water’s edge and offers a private sandy beach plus an original boatshed and boat ramp. Both levels flow to entertainment decks which provide an outstanding vantage point for watching the sunset.

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Actress and author Sophie Lee has called the property home. Picture: Getty

As has designer Collette Dinigan.

“Set amid lush native surrounds and embracing a lifestyle of exceptional privacy, this striking prospect creates a unique holiday retreat or unrivalled permanent residence.”

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Originally published as Celebrity beach home to make $1.75m in just one year