The 1907 Federation home Koorawatha in Mosman has just sold for the suburb’s second highest figure this spring, about $17m.
The former Deutsche Bank executives Craig and Kim Stokeld purchased half a house in Musgrave St in 2000 then eight years later bought the second half creating a six-bedroom residence with sweeping views of the Opera House and Harbour Bridge.
The couple spent close to 20 years meticulously renovating the home before listing it for sale in February this year with agents from Pello and a guide of $17m.
Heritage-listed Koorawatha is on 790sqm of land and has 655sqm of internal accommodation over three levels.
MORE:
‘Rare’ $25m record-breaker the ultimate modern Sydney estate
Having lived in the UK for a decade the Stokelds were inspired by modernised manor homes in Europe and were keen to revive and restore Koorawatha.
“Now there are wide open spaces whereas many historic homes have pokey rooms which aren’t used,” Kim Stokeld said back in February.
“I can honestly say every room in our house is used and with the exceptional views, it’s beautiful day and night.”
Some of Mosman’s big ticket properties have lingered on the market this year and switched agents to find a buyer.
MORE: Sydney area where housing crisis is about to get worse
Neither Stefon Bertram nor Richard Sholl, of Pello would comment on the sale but word on the street is that the significant home with infinity pool and off-street parking for up to 10 cars has quietly sold and for around its guide.
The top Mosman sale this spring is 15 Burton St, which sold for $20.2m in September.
Mosman’s residential record is $33m for a house in Stanley Ave, which sold in March 2022.
According to PropTrack there have been 228 house sales in Mosman over the past 12 months and the median house price is $5.862,500 up 12.7 per cent over the year.