Luxury Lysterfield pad set for record price

Now the sprawling 5668sq m hideaway is priced to become the outer suburb’s most expensive residence.The seven-bedroom house at 5 Carrington Court has been listed with a $5.5m-$6m price tag, which would surpass the recent $5.63m record sale of 670 Wellington Rd, according to realestate.com.au.CoreLogic record indicate the previous record holder was a $4.8m sale of a farm at 511 Belgrave-Hallam Rd in 2018.RELATED: ‘Fast and Furious’ and ‘Transformers’ star Tyrese Gibson lists entertainer’s dream home‘Funky’ Point Leo pad for sale put together ‘like Lego’Melbourne prestige property: Spike in sales at market’s top end following onset of Covid-19House prices have grown at an extraordinary rate this year, but is it the fastest in history? PropTrack economist Paul Ryan investigates.Hoskins Donvale’s David Alvares said the expansive family pad was in the “prestigious” Montalto Estate, where “big properties like this don’t come up very often”.“It’s shrouded in privacy,” Mr Alvares said.“Once you drive into the estate, it’s a beautiful tree-lined area.”He said the vendors built the bespoke residence after struggling to find their dream home.“They had looked for a lot of properties in Warrandyte and Park Orchards but they wanted something extremely luxurious with a view,” Mr Alvares added.“They had a vision to build something outside of the box and this is their own piece of paradise. It has absolutely stunning views overlooking the estate and the hills and it’s never going to be built out there.”Mr Alvares said the family was selling to downsize after their children moved out of home.The listing boasts very high ceilings and 7.4m void towers in the grand foyer, complete with gold-plated crystal chandeliers and porcelain flooring.And a home cinema with plush red carpets and matching recliner seats, paired with an impressive kitchen made the pad “an entertainer’s paradise”.“Everything is oversized,” the agent said.The home was built around a huge pool with six of the bedrooms enjoying access to its tropical garden surrounds.Buyers from Queensland and locals who “knew the estate exceptionally well” were already circling the grand abode.Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.READ MORE: Mark LoGiudice: Ex-Carlton president buys fire-damaged Preston bankFrench Bavarian home for sale in Donvale has ‘castle’ fireplace, conservatory and garden oasisBig sales amid record auction week in Melbournechristina.karras@news.com.au Via news.com.au — Australia’s leading news site https://www.news.com.au