Price slashing has taken place not just on the period 2,700 sq ft home on Kilbrogan Hill, but also on an adjoining 1.5-acre site, with full planning in place for four large contemporary homes.
Mark Kelly of Lisneys has reduced the price on the impressive and upgraded house, on its half acre, from €750,000 down to €625,000, which he notes is real value for such a quality period home in the west Cork towns. And, the adjoining 1.5-acre site with four plannings has been similarly brought back in its price expectation, from €1 million to €600,000, or about €150,000 per site. The vendors are in the hotel and hospitality business, are now downsized and it has been 15 months on the market, with final offers now being sought.
“When the market picks up again, people will realise what a bargain this house represents right now, and the sites also are keenly priced right now,” Mr Kelly adds.
The setting is above a quiet back road to Innishannon, half a mile from the bridge in Bandon, on sloping grounds with a very secure, feature-packed landscaped side patio garden.
Summerhill has good formal reception rooms with quality fireplaces and parquet flooring, the hall has terazzo floors and all four bedrooms are good sizes, with the master room both with en suite and with a dressing/wardrobe area. The house itself dates to the 1800s, but feels warmer and more modern due to regular investment in insulation/dry-lining, damp proofing, extensions and upgrades. Rooms include a dining room, a high-ceilinged drawing room, a family room, a kitchen/dining room with tiled floor and overhead large pitch pine beams, utility, inner hall and guest WC.