Joy Lusher Real Estate Ltd.
Built in 1938 with extraordinary attention to the highest quality workmanship and beautiful cedar accents throughout, “Capistrano” is a magnificent property! Located in an exclusive residential neighbourhood off Knapton Hill in Smith’s, the property is being sold with the main house on 1.02 acres and a sub-divided lot measuring 0.60 acres. The Vendor is willing to sell the main house without the lot.
The beautifully manicured and mature grounds give the property the feel of a private park while the views looking east the length of South Shore are simply breathtaking. Formerly a guest house, the main house comprises a total of 7 bedrooms and 6 full bathrooms, however, the main building is currently divided into 4 separate apartments; additionally, there are 4 small studios, ideal as staff accommodation, located at the lower level of the property. The apartments command an excellent income of $10,000 per month.
The main apartment comprises a fabulous kitchen - a ‘chef’s delight’ - and an adjacent laundry; formal dining room with fireplace, a small ‘office’, formal living room with fireplace, master bedroom with extensive closet space and bathroom en suite and a guest bedroom with bathroom. There are three additional apartments; two two bedroom units, and one one bedroom unit. There is an enormous and stunning swimming pool which was recently totally upgraded.
“Capistrano” can either be sold as a private home, which will require modifications and upgrades by way of conversion, or potentially represents a great opportunity for a guest house.
Listed for sale as a ‘package’ please enquire directly with the listing Agent for a price on the main house on 1.02 acres without the sub-divided lot.
SALES PRICE: $3.7 million gross
Please call the Listing Agent or select any one of our experienced agents from the 'Request More Information' drop box below for an appointment to view.
22 Skyline Drive
Lot Size (Acres)