‘Iconic’: Rare North Shore home takes a $3.5m price cut

4 weeks ago 14

47-49 Neerim Rd, Castle now has a price guide of $19.5m, down from $23m last October.


One of the north shore’s most exclusive and recognisable homes has had $3.5m sliced off its asking price in a second tilt at finding a buyer.

Last year the dramatic cathedral-domed Castle Cove home, which looks a bit like a spaceship, was listed with a $23m guide.

Now the waterfront reserve property has been relaunched, with a different agency, and goes to auction in July with a $19.5m guide.

No.47-49 Neerim Rd is on a double block, 2537sq m of land, and has seven bedrooms, 10 bathrooms and parking for six cars.

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The dramatic cathedral dome is a rare treat.


The home is on 2537sqm of land.


The three-level home has a marble-lined foyer crowned by a stained-glass dome.

It also boasts sweeping Middle Harbour views, formal and informal living spaces, an infinity pool, a new pickleball court, putting green, gym with harbour harbour views, a home theatre, wellness facilities such as a Swedish sauna and massage room.

There’s also a self-contained flat.

Isabella Yan, of Shead Property, says 27 groups inspected the home at the first open house but many thought it was too big.

The stone cocktail bar.


The sitting room overlooks the overlooks the pickleball court. The owner is a violinist.


“The house needs a big family, or maybe an intergenerational family,” she says.

Businessman and keen violinist Hao Wang and his artist wife Aobing Li bought the solid home in 2021 for $9.5m.

They listed it for sale in October last year for $23m.

The property is nipping at the heels of the Castle Cove record of $22.2m for Neerim House, which sold off-market in 2022.

The home theatre has seven reclining seats and there’s also a separate games retreat.


The infinity pool has Middle Harbour views.


No. 47-49 Neerim Rd is being marketed as “one of the North Shore’s most iconic homes”.

Designed by Swiss-trained architect Gerry Rihs, it unfolds across three lift-connected levels.

The sitting room, which features a stone cocktail bar, overlooks the pickleball court.

There’s a Gaggenau kitchen with gas and electric cooking, plus a butler’s pantry.

Six of the seven bedrooms come ensuites, including the self-contained apartment.

What an entrance hall!


The palatial main suite features a sitting area, dressing room and harbour terrace

There’s also a luxe master ensuite with dual showers, freestanding bath, and dual vanity.

The home theatre has seven reclining seats and there’s also a separate games retreat.

The entertainer’s terrace features barbecues, a teppanyaki grill and pizza oven.

The infinity pool is suspended against breathtaking Middle Harbour views.

The grounds are meticulously landscaped, with water features.

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