Property developer Bernard McNamara has sold his home in Dublin 4, which had been on the market for €12.5 million.
Mr McNamara built the mansion at 22 Ailesbury Road in Ballsbridge in the 1990s when he demolished the previous Edwardian-style house which had housed the Japanese Embassy and bought an adjoining property to give him extra space for his new mansion.
The seven-bedroom home had been on the market through Sherry FitzGerald and Christie’s International at €12.5m, but director Simon Ensor refused to comment to the Irish Independent on how much it was sold for.
The money will go to Mr McNamara’s creditors, including NAMA.
Mr McNamara and his wife Moira commissioned top architect Brian O’Halloran to design the house on Ailesbury Road with over 16,000 sq ft of floor space extending over three storeys.
Although period-style on the outside, inside the palatial home has all the latest modern conveniences installed as well as five reception rooms and an entrance hall on a manorial scale.
An unusual feature of the house is its indoor swimming pool which can be covered with transparent glass and transformed into a dance floor for parties.
The rear of the grounds overlook Wanderers Rugby grounds and include two adjoining derelict mews houses on Ailesbury Road, which were priced at €800,000 each.