Double Bay mansion hits market

PHOTO: 11 Pinehill Avenue, Double Bay

A sprawling mansion in Double Bay has hit the market with an eye-watering $28 million price guide.

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Representing one of the largest private landholdings in the uber-affluent locale, 11 Pinehill Avenue is being offered for sale for the first time in over 50 years.

The staggering abode is spread over a scarcely believable 2300-square-metre parcel of blue-chip land, tucked away at the end of a quiet, leafy cul de sac.

Property real estate Sydney Australia mansions millions — **11 Pinehill Avenue, Double Bay, sits on over 2300-square-metres of land. (Domain)**

The main residence is a breathtaking two-story Federation home with great bones and a resoundingly charming aesthetic.

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Boasting a total of six bedrooms and four bathrooms, the abode’s interior has, however, been refurbished and redesigned to present as a much more contemporary and functional proposition.

Features include an expansive formal lounge area, formal dining room, a bar, wine cellar, study, library, professional kitchen, and a master suite with his and hers walk-in robes.

Outside, manicured grounds and established flora are complemented by an expansive pool, spa and lounge area, as well as a lock-up two-car garage.

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The eye-watering asking price may sound patently absurd to some. However, considering Double Bay’s median house price currently sits at a not unsubstantial $6.5 million, just the sheer size of the block is probably enough to warrant an asking price nearly four times as much as the median.