Mansion sells for €2m less than asking price 3 years ago

A mansion in Co Limerick with a private lake has sold for nearly €2m less than its asking price three years ago.

Somerton House in Crecora, Co Limerick, was on the market for €1.5m last year, down from €2.3m in 2010, but listings in the online Property Price Register reveal it sold for just 19.5% of its original price-tag — at a mere €450,000 this July.

The stunning property features six bedrooms and five bathrooms, and a private lake — had €1,850,000 shaved off its asking price — a reduction of more than 80%.