Hatherton leads the charge as wealthy buyers snap up Dublin’s high-end houses

While there is much being said about the trajectory of the housing market, the supply of and demand for high-end homes in Dublin remains relatively robust judging by the latest activity in the city’s most sought-after postcodes.

Eagle-eyed commuters on the Luas green line will for instance have noted the presence, in recent weeks, of a skip in the gravelled driveway of Hatherton on Richmond Avenue South in Dartry. Nothing unusual in that, you might say; but in this case, it’s just one subtle signal that a changing of the guard is under way at the Dublin 6 grande dame. Although the sale of the pristine six-bedroom, six-bathroom period house and its associated two-bedroom modern mews has yet to make an appearance on the Property Price Register, it is understood to have been acquired by an Irish buyer for around the €6.45 million it had been seeking when it was brought to the market by Sherry FitzGerald in June of 2021.

While Hatherton took just over 11 months to find a new owner, the disposal of number 17 Raglan Road was a far speedier affair. Offered for sale by Lisney Sotheby’s International Realty for €5.25 million at the beginning of June, contracts for sale of the fully restored Victorian three-storey over garden level home were exchanged with an Irish buyer just two weeks later at €5.5 million. The price reflects both the location in the heart of Dublin 4 and the quality of the refurbishment and modernisation undertaken by the previous owners. The completion of the deal came just weeks after another of Raglan Road’s period houses, number 1, changed hands for €4 million. The property, a family home since the vendors acquired it in 1985, was offered to the market by agent Allen & Jacobs for €4.5 million last October.

Moving beyond the city’s embassy belt to Kerrymount Avenue in Foxrock, the one-time home of property developer Paddy Shovlin changed hands quietly in May for €4 million according to the Property Price Register, or some €900,000 more than it achieved when it last sold on June 26th, 2019. The new owners of Turnberry are understood to be a Foxrock-based couple trading up within the area. In another significant sale for Kerrymount Avenue, Cooldrinagh, the former Dublin residence of the late property developer John Flynn and the childhood home of Samuel Beckett, is set to be acquired by an Irish buyer returning from the UK. The buyer is understood to have agreed to pay the €3.8 million Lisney Sotheby’s International Realty had been seeking when it brought the property to the market in May. Meanwhile, over on Westminster Road and closer to Foxrock village, agent DNG is understood to have secured more than €3.3 million for Kinvara, an extended six-bedroom Edwardian redbrick on half an acre. The property, which had been guiding at a price of €3.25 million, is understood to have been purchased by an Irish buyer who had been living locally.

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Farther south and by the seaside in Sandycove, a cursory examination of the Property Price Register shows that number 9 Sandycove Point and White Sails on Marine Parade changed hands for €5,191,950 and €5 million respectively in May.