Luxury Donegal home which dropped in price by 50% is snapped up

written by Staff Writer March 26, 2024

A luxury Donegal home complete with its own swimming pool which was halved in price because of MICA has been snapped up.

Carraig Ard is a stunning property sitting high above Burt overlooking Inch Island and Lough Swilly stretching to 6,000 feet.


The house was put on the market recently by Rainey Estate Agents with an asking price of €450,000 – down from €950,000 when it went on the market initially two years ago.

However, the discovery of deleterious materials in the home had led the owners to drop the price by more than half.

Now, a notice on the property has said that the home has gone ‘sale agreed.’

That price also included two adjoining sites of .7 acres each.

The architect designed home, set on 2.54 acres, was completed in 2013.


It is being sold by local estate agents Raineys.

The agent has warned that a survey has been carried on the building and there is a HIGH risk to deterioration from potential freeze-thaw damage. The concrete should be considered as displaying NEGLIGIBLE Risk to deterioration from sulphide degradation.

All carpets, curtains and blinds, any integrated items and light fittings are included in the sale.

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