Fashion designer-turned-lifestyle blogger Stephanie Conley-Buhre has developed an impressive body of work house flipping her way up the trophy home market chain, but her latest deal is set to put her in the top of her class after she sold her Bellevue Hill home for about $80 million. Settlement will confirm the exact price, but at that level it is about $50 million more than she paid for it in 2021 when it was sold by medico Louis Klein and his wife Claire for $28.5 million.
Alcooringa last sold for $28.5 million in 2021. Three years later it has resold for about $80 million.
Credit: Domain At the time it last sold it had sat on the market for six years with a slew of agents trying to sell it. Three years later in what is by far a more bullish trophy home market, it was sold with no marketing and after a no-expense-spared redesign and renovation by Conley-Buhre. Buyer’s agent Simon Cohen, of CohenHandler, declined to comment on the deal, but is widely tipped to have sold it.
A caveat on title confirmed the sale and revealed the buyer as overseas-based expat Hannah Chapman. It was sold by Ashley Bierman, a director of Ray White Double Bay. Agents say Cohen is already showing Conley-Buhre new trophy homes in Bellevue Hill on behalf of a mystery “friend”.
Budget: $40 million to $60 million. Alcooringa has now been transformed. Stephanie Conley-Buhre as featured in Belle Magazine’s June-July issue.
Credit: Belle Magazine Alcooringa was built about 1929 in the Spanish Miss.