Edgecliff trophy home Carmel listed for the first time in 16 years
The classic Edgecliff trophy home Carmel, that has had a who's who of owners, has hit the market with $19 million hopes.
Designed by renowned architect F.Glynn Gilling, the 1930s Mediterranean inspired villa comprises five bedrooms and five bathrooms.
It offers 180 degree views across Sydney Harbour from its 1291 sqm elevated parcel.
Nearby Woollahra’s $16.5 million record was set last November when Listowel was sold by business Costa Vrisakis to the Levy family.
The home with original period detailing sits privately amid manicured gardens, sprawling level lawn, swimming pool and a number of established trees including frangipanis, magnolias, citrus.
Gilling's highly acclaimed design characteristics are still identifiable, with the grand entry foyer, sweeping staircase, ornate marble fireplaces and circular terraces.
It's played home to the likes of the Murdochs, the late newspaper figure Rupert Henderson, mogul Ezra Norton and the Penfolds-Hyland clan.
It was built in the 1930s for prominent stockbroker Stanley Utz.
The home's more recent history saw it sell in 1987 when Hong Kong bank director Warren Kitson, who at the time was building Wallaroy House in Woollahra, paid around $2.6 million.
He went on to sell the home three years later for $3.25 million in 1990 when bought by the Mellick family.
They in turn sold the home to Roche Group managing director Dominic Roche and wife Kathryn Mellick in 1999 at $4.5 million.
Just two years later the Roche's made a quick profit, flipping the house for $6,775,000.
The current vendors are Greenstone Partners founder and executive chairman Scott Malcolm and his wife Jane Taylor.
They downsized to Elizabeth Bay last year, securing themselves an $8.55 million Billyard Avenue apartment.
