A TRINITY mansion has had £8 million knocked off its price tag after being on sale for around 18 months.
Maison de la Valette, a nine-bedroom property, sold for roughly £25 million in 2016 but returned to the market in September 2021. At the time, it was on offer for £39.9m. Had it sold at that price, it would have become the most expensive home in the Island. The current high-price record is held by Eden House in St Brelade, which sold for £31m in April 2021.
Maison de la Valette is described by estate agents Wilsons Knight Frank as a ‘neo-classical-inspired property set in beautiful tranquil country surroundings’ and ‘one of the most important private estates in Jersey that carries international recognition’.
According to the agency, the property was completed in 2014 and internally renovated in 2019. It sits in the centre of grounds covering 18 acres, which feature two small lakes, and is approached by a long, tree-lined driveway. The principal property is 21,000sq-ft and includes nine bedrooms, 14 bathrooms, and 12 reception rooms.
There is also a separate building for staff, a 4,000sq-ft stables, paddocks, ponds and private woodland.
The property also features a wine store, cinema room, gym, swimming pool, a large games room, an office suite and an orangery.
Despite reports of ‘some strong lines of interest’ in January last year, the property is still on the market and the price has been slashed to £32m.
If the latest price is met, the sale of the mansion would still trump Eden House’s £31m sale.
The property sold for £6m more than the asking price following a bidding war between two millionaires.
It would also dwarf the £18.6m sale of Daisy Hill House in Grouville in 2015 – then the highest sale price seen in the Island.
High-value residents in Jersey are currently required to purchase a house worth a minimum of £2.5m and must make a tax contribution of £170,000 and have an income of at least £850,000 a year.