PHOTO: Georgia Day and her late husband, musical industry entrepreneur Pete Lusty. Supplied

The incredible Vaucluse home of music industry entrepreneur Pete Lusty — who passed away at 49 in March after a battle with cancer — sold at auction on Saturday for $7.2m, $200k above reserve.

And his widow, Georgia Day, made an emotional tribute, saying living in the Vaucluse home at 31 Olola Ave with her late husband had been “paradise”, comparing it to the 1967 romantic movie, Camelot.

“You know, the musical that starred Richard Harris and Vanessa Redgrave,” an emotional Day told the Wentworth Courier after the auction.

Wedding photos of the late Pete Lusty with wife Georgia Day at their home in Vaucluse, which went to auction on Saturday. Picture: Gaye Gerard.

Wedding photos of the late Pete Lusty with wife Georgia Day at their home in Vaucluse, which went to auction on Saturday. Picture: Gaye Gerard.Source:News Corp Australia