Grant Wharington: Mornington house that paid for champion yacht sells again
Sydney to Hobart champion Grant Wharington sold his Mornington home so he could buy the yacht that went down in racing history; now his old pad has sailed into new hands again.
A waterfront wonder built by champion sailor Grant Wharington has sailed off the Mornington market.
The grand home at 10 Kalimna Drive sold for an undisclosed price after a lengthy 275-day campaign.
McEwing & Partners agent Dean Phillips said he could “give nothing away” about the final sale figure.
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“We ended up with three offers on it before closing in on the sale,” Mr Phillips said.
“A family bought the property and plan to enjoy the home as it is for the time being and make some slight changes in the future.”
The price guide dropped significantly during the course of the campaign from $6.5-$7 million to $5.8-$6.4 million.
The commanding six-bedroom home was built by the skipper after he bought the block in 1997.
In 2002, he sold the passion project to help fund the radical yacht, named Skandia, which led him to victory in the Sydney to Hobart yacht race a year later.
The yacht was renamed Wild Thing and became known for its dramatic capsizing in the 2004 competition. It was rebuilt and went on to win a number of line honours.
Mr Phillips said the sailor used his previous experience as a carpenter and builder to create the house oriented toward Mornington harbour.
“He built the property specifically so he could sit out on the balcony and look at his boat in the distance,” he said.
The Mornington Yacht Club, which is where the sailor learnt the sport as a child while growing up in Moorooduc, is visible from the elevated block.
After retiring from professional sailing, Wharington became a property developer and motivational speaker.
Updates were made by the vendors, who lived at the property for more than 10 years after purchasing it for $4.615 million.
Features include a gourmet kitchen, two zoned living areas and resort-style backyard with a tennis court, pool and spa.
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Originally published as Grant Wharington: Mornington house that paid for champion yacht sells again