Retired racing car driver and former Total Tools boss Paul Dumbrell has wrapped up the sale of a beachside Bellarine Peninsula home he originally planned to bulldoze.
Records show the Bathurst 1000 champion traded the five-bedroom house overlooking 13th Beach in Barwon Heads for $7m.
His family splurged a combined record $10.2m on the exclusive 1275sq m property at 2 Stephens Pde and an older neighbouring home during the Covid coastal boom of 2020.
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The Swaney Draper-designed house is designed around an open-plan kitchen and dining area.
A window seat with an ocean view invites you to stay a while in the kitchen.
The prized location, wedged between Barwon Heads Golf Club and the dunes, was intended to be the site of a new $6m luxury beachside mansion.
But plans to demolish both existing houses to build a contemporary double-storey, seven-bedroom pad with basement parking for seven cars and an underground gym hit a snag when the City of Greater Geelong rejected the proposal.
Both properties were relisted for sale separately through Bellarine Property, Barwon Heads agent Christian Bartley early last year, with a combined asking price upwards of $13m.
The newer Swaney Draper architect-designed residence constructed from rammed earth, sandstone and timber at No. 2 was the pricier part of the package, advertised with $7.8m to $8.5m price hopes.
Arthurs Seat is in view across the golf course and bay to the east.
The feature fireplace is crafted from
Jamie Whincup with co-driver Paul Dumbrell at Sandown Racecourse in 2015. Picture: Tim Hunter.
Designed to blend into its natural surrounds, the house has commanding ocean views and a north-facing entertainer’s deck overlooking the golf course’s seventh fairway.
A path directly across the road delivers you to 13th Beach within minutes.
The property was withdrawn from sale in July but is understood to have later changed hands in a private off-market deal.
Mr Bartley, who was not involved in the sale, declined to comment.
He did, however, help broker the $3.3m sale of its four-bedroom weatherboard next door neighbour at 4 Stephens Pde, Barwon Heads after a seven-month campaign.
At the time he said the new owners also planned a knockdown rebuild to capitalise on untapped views.
Records show 4 Stephens Pde, Barwon Heads, sold for $3.3m in October.
Earlier this year Mr Dumbrell and his stepmother Lisa also sold a luxury Portsea pad for $5.7m.
The successful businessman won two Super2 titles and seven Supercars Championship races before retiring from racing in 2018.
He later became chief executive of Total Tools and in January this year was appointed chief executive of civil and construction supplier Jaybro Group.
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