A sprawling estate in western Sydney has emerged as the state’s most popular property of the week.
It may have only hit the market on Tuesday, after the long weekend, but the stunning Mulgoa listing has already generated the highest number of clicks on realestate.com.au.
Property Central Penrith’s Paul Wallace said he had been inundated with interest, which came as no surprise.
“I can’t keep up with the phone calls — I would have had more than 70 inquiries so far,” Mr Wallace said.
“In my opinion, it is easily the most well-thought-out acreage because it sits high on the block, takes advantage of the view across Mulgoa Valley, has a dam is in an excellent spot and it comes with an irrigation system that makes it super easy to maintain,” he said.
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The property is being marketed via an expressions of interest campaign but is expected to sell for a figure in the high $3 millions.
With a 2.18ha footprint on the outskirts of Penrith, the property houses an original three-bedroom cottage as well as the striking main residence that spans almost 600sqm.
The mansion was designed by local architect David Walker, who places an emphasis on drawing in plenty of natural light and promoting air flow with open-plan rooms, according to agent.
Set behind electric gates, the home features double height ceilings, five large bedrooms, a contemporary kitchen, central fireplace, a wine cellar and a games room with a wet bar.
A detached room that entertainer’s will love connects to a raised deck looking out over the tranquil dam.
The property also comes with an in-ground pool, a barn, diesel generator and a 124,000 litre underground water tank.
Mr Wallace said the vendors had been there for about 12 years and this was the first time the property had been up for grabs.
“We have had a fair few local families interested in it as well as people wanting to downsize from larger acreage but still have a great house.”
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Less than 10km from the heart of Penrith and the M4 motorway, this home is close to the sought-after Mulgoa village.
CoreLogic data shows the median house price in the suburb is $975,000. The tightly held area saw just 27 homes sold in the 12 months to October.