Vandalised St Ives home offers multi-million dollar blank canvas

The five-bedroom, three-bathroom property at 377 Mona Vale Road, St Ives is being marketed by Coco Cui Roskam, of Ray White Upper North Shore, and is set to go under the hammer on 25 July.

Ms Roskam said the dual-level brick property has drawn a massive influx of buyer inquiries.

“The home has sat entirely neglected and subject to vandalism for years, after the original local owner was forced to suddenly vacate due to deteriorating health,” Ms Roskam said.

“While the residence requires an absolute top-to-bottom transformation or complete demolition, it sits on an impressive, level 929.5sqm parcel of land.”

Featuring a high-walled frontage, a timeless floorplan layout, and an existing in-ground pool, which has since deteriorated into a green, murky pond, the site represents a rare opportunity to construct a brand-new luxury estate or execute a comprehensive architectural overhaul (STCA).

“The home has unfortunately been neglected over time, but the underlying potential here is immense,” Ms Roskam said.

“It is a true blank canvas in one of the Upper North Shore's most resilient and sought-after pockets.”