A six-bedroom, Hampton’s style home located at 38 Newmarket street in the Hendra, Brisbane has broken the suburb record.
The $3.65m sale by Place Ascot’s Patrick McKinnon has set a new standard for the area, with the residence inspected 156 times proper to sale, including 5 virtual inspections.
The home, known as ‘Caulfield House’, was once the residence of champion thoroughbred, Bore Head, winner of the 1965 Caulfield Cup. The home was purchased by racing royalty Caitlin Lavin, daughter of well-known horse owner Peter Lavin.
Caitlin told the media in a recent interview the purchase was totally unplanned and serendipitous.”
The home was reimagined by designers ‘Innovate’, giving the home a sense of modern luxury with coffered ceiling, blackbutt timber floors alongside hand-painted custom joinery.
Elsewhere the home offers three-metre-high ceilings, gourmet kitchen with a double-glazed glass-encased wine room, breakfast bar, and a storage-filled butler’s pantry that links to the residence’s garage.
Along with marble external paving, the alfresco area hosts an outdoor kitchen with in-ground infinity-edge swimming pool and self-contained pool house accommodation converted from the old stables.
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The actress and her husband, comedy writer Dave McCary, spent more than three years restoring the house, which is one of the priciest properties for sale in the Texas city.
In 2021, actress Emma Stone purchased a historic estate in Austin, Texas, with a plan to move her family there. Four years later, she has instead decided to put the property on the market.
The actress and her husband, comedy writer Dave McCary, are asking $26.5 million for the newly renovated estate, according to Eric Moreland of Moreland Properties/Forbes Global Properties, one of the listing agents. The 1.25-acre property, located in the upscale Tarrytown neighbourhood, will be among the most expensive on the market in Austin.
Stone and McCary have spent more than three years renovating and restoring the Texas property, Moreland said.
A spokesperson for Stone didn’t respond to requests for comment. Moreland said the couple’s New York business interests have expanded since they started the remodel, and while they hope to live in Austin eventually, it doesn’t make sense for now.
The couple, who are co-founders of the production company Fruit Tree, own a roughly $12 million apartment in lower Manhattan, according to property records. Stone is slated to star in the upcoming contemporary Western film “Eddington.”
It’s unclear what Stone and McCary paid for the Austin property, since Texas is a nondisclosure state . The Georgian-style brick house dates to around 1940, making it one of the oldest estates in the area.
The roughly 10,000-square-foot estate includes a main house with four bedrooms and a two-bedroom guesthouse. The property also has a pool, a hot tub, and a garage with a screening room and entertaining space above.
As part of the renovation, the couple removed, cleaned and reused all the exterior brick. They also reconfigured some of the living spaces, opening the kitchen to the living room for a more modern layout. It took more than a year just to install the millwork in the screening room, said Moreland.
The contractors are now putting the finishing touches on the property, he said.
The “La La Land” actress has a track record of buying and selling her homes for significantly more than she paid. In 2022, she sold her blufftop Malibu, Calif., home for $4.425 million after buying it for $3.25 million in 2018, according to property records.
Last year, she sold her home in L.A.’s Comstock Hills neighbourhood for $4.3 million, significantly more than the $2.3 million she paid in 2019.
Austin saw an influx of new residents during COVID, but many of those are now returning to the East and West coasts, particularly workers in the tech sector.
While the market “has come down to earth a little bit” since the pandemic-era boom, Moreland said, he has seen a number of $20 million-plus deals over the past few months.
Moreland has the listing with colleague Diane Humphreys.
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