Property Of The Week: 410 Bugden Avenue, Fadden, ACT

A futuristic fortress in the clouds, Asgard sits above the Glass House Mountains at Mount Mellum; the epitome of a sky-high real estate dream come to life.

At an altitude of nearly 400m, the remarkable residence is a modern retreat hidden from the world, but crafted so the homeowner can cast an eye over the Sunshine Coast hinterland out to the Coral Sea.

Named after its mythological namesake, Asgard was designed by Dan Sparks of Sparks Architects and completed in 2020.

A year later, the enviable estate earned the coveted Australian Institute of Architects Commendation Award for Residential Architecture and was featured in a long list of publications, including The Design Files and The Local Project.

Today, agents Melissa Schembri and Daniel Rees of Sotheby’s International Realty Maroochydore have been tasked with selling the contemporary home, which has price expectations of more than $15 million.

“It’s rare to find something this elevated in both design and geography,” Schembri said.

“Asgard is for someone who wants to feel like king—or queen—of the mountain.”

In Nordic mythology, Asgard is a location associated with the gods, befitting of this parcel of paradise.

Tech entrepreneur and vendor Matthew Myers is no stranger to innovation.

After exiting multiple startups, he built Asgard as his dream home. However, with a new partner and a baby on the way, Myers is preparing for his next chapter; a nearby property complete with equestrian facilities and a go-kart track.

“I built this to be my forever home,” he said.

“But forever just got a little more exciting.”

The main home and separate guest lodge span a combined six bedrooms and four bathrooms, complemented by three fireplaces and a solar-heated infinity pool. The compound has also been built to withstand a Category 5 cyclone.

Thanks to an L-shaped dual-pavilion design, the footprint makes the most of sweeping 360-degree views and allows for loads of natural light to stream through walls of engineered glass.

The exterior is a sophisticated palette of blackened Ironbark cladding—treated using the traditional Japanese Shou Sugi Ban technique—adds a layer of fire and pest resistance while complementing the rugged Queensland landscape.

European oak floors are contrasted against darker architectural elements, while a gourmet kitchen with Miele appliances, black granite bench tops, and a butler’s pantry anchors the home’s central living area.

For days when the Sunshine Coast turns off the heat, a fireplace warms the space and bifold doors blur the line between indoors and out, spilling onto a covered terrace with a built-in barbecue and bar fridge.

Beyond the living areas, the main bedroom is a luxury hotel-inspired zone including a walk-in wardrobe and a spa-like ensuite with a freestanding soaking tub.

The sleeping quarters also feature three additional en-suite bedrooms, a flexible sitting room, and a handy study nook.

A partially subterranean level hosts a gym, a laundry, an infrared sauna, and a fifth bedroom – ideal for dual living or longer-term guests.

The second residence, tucked behind the main home, was also finished alongside the main house five years ago. A fully self-contained guest lodge, it includes its own kitchen, designer bathroom, alfresco deck, and open-plan living zone.

Across the 4.7ha grounds, there are 7000 native trees, plenty of room for wallabies and deer, a 127,000 litre rainwater tank, a grand saltwater and chlorine pool, fire pits, and multiple storage sheds.

Backed by solar, Tesla battery power, a generator, and rainwater tanks, Asgard offers off-grid capabilities without compromising comfort.

The townships of Landsborough and Beerwah are nearby, while Noosa Heads is approximately an hour away, with the Sunshine Coast airport accessible within about 30 minutes.

Asgard, at 35a Agnew Rd, Mount Mellum is listed via private treaty through Sotheby’s International Realty Maroochydore with a price guide of more than $15 million.