See the million-dollar renovation of this French-inspired estate at 41 Upper Coonara Rd, Olinda.
A million-dollar makeover has turned this Olinda property from bland to grand.
The secluded five-bedroom house at 41 Upper Coonara Rd now resembles a grand French country house nestled in the Yarra Valley hillside.
Its spectacular new look is the result of an extensive renovation by the owners who purchased it 12 years ago.
The owners are now selling up and have $1.65-$1.81 million price hopes for the transformed property.
CoreLogic records show it last changed hands for $755,000 in 2006.
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The property was very tired in 2012.
But now is an impressive estate after a million-dollar renovation.
Bell Olinda agent Elliot Bell said the owners had travelled around the world and used inspiration from their adventures to reinvent the property.
“South France has really inspired them for this property,” Mr Bell said. “They improved the facade and did a total renovation inside to give it the French farmhouse flair.
“They spent circa $1 million improving the property with four to five trades in there for an 18-month period a couple of years ago.”
The property last sold for $755,000 in 2006.
It is now on the market with $1.65-$1.81 million price hopes.
The owners used inspiration from their travels to transform the property from this …
… to this.
The grand home sits on 8700sq m, among landscaped gardens with a long rock wall lined driveway leading to the home.
The property features a provincial-style kitchen, rustic elements, high ceilings, exposed beams, French doors and fireplaces. The home also has a pool, cellar, home theatre and a detached studio.
The five-bedroom home features a cellar, home theatre and provincial-style kitchen.
There’s plenty of appeal, inside and out.
Mr Bell said it would be the perfect weekend retreat or Yarra Valley lifestyle property.
He said 525 Tucks Rd, Shoreham, on the Mornington Peninsula, was the only other Melbourne estate that compared.
That five-bedroom house, which also resembles a provincial French farmhouse, sold for $6.7 million in October 2017.
The Olinda estate has been listed for private sale. The vendors plan to move to Queensland for its warmer climate.
It has a true country house feel.
It sits on an 8700sq m block and features landscaped gardens.
Olinda’s median house price has increased 15.3 per cent in the past 12 months and a mighty 58.2 per cent in the past five years to $743,750, CoreLogic data shows. “The Olinda market has been very steady,” Mr Bell said.
“It takes a bit longer to find the right buyer now, but they are still out there — we just have to dredge them out.”
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