Cavan castle on 1000 acres sells for €2 million
One of Ireland’s most architecturally important houses, Bellamont Forest in Cootehill, Co Cavan has sold
One of Ireland’s most architecturally important houses, Bellamont Forest in Cootehill, Co Cavan has sold for around €2million. The substantial Palladian villa on 1000 acres has been purchased by a US couple with Irish interests and a number of international properties. The 18th century property had been on the market by a liquidator for €1.35million, until three weeks ago when final offers of more than €1.5million were invited by selling agent Ganly Walters. It’s understood the new owners, who currently own a holiday property in Ireland, plan to refurbish Bellamont for private use in a restoration project that will cost upwards of €2million.
According to Robert Ganly most of the bidding took place over a 48 hour period between the US couple and two other interested parties from the UK and Ireland. There had been a lot of interest in the property both for its historical significance as one of the finest examples in the British Isles of a Palladian villa and its role at the centre of a 1991 divorce action between the late owner John Coote and his wife Andrea (an Australian politician).
Bellamont Forest dates from the 1720s and was built to a design by renowned architect Edward Lovett Pearce. It was bought in 1987 by John Coote, a renowned Australian interior designer and a specialist in the restoration of classical buildings, who restored and refurnished Bellamont, but put it up for sale in 2010 at a guide price of €7.5 million. He died in 2012, and after that the condition of Bellamont deteriorated.
Though the property is on 1000 acres, about 400 acres is under lake and a further 450 acres is in woodland which is owned by Coillte after a previous owner bequeathed the woodland to the State for 150 years.