Connect with us

Industry News

The Sh565m house: Nairobi’s priciest home up for sale

The property is expected to appeal to high net worth international buyers.

Updated on

Hogmead residence Nairobi
The Hogmead residence. PHOTO | COURTESY

A country house in Karen, an affluent suburb of Nairobi, is set to become the most expensive property ever sold in Kenya after it went on the market for staggering Sh565 million.

Sitting on a 10-acre plot along Kikenni Road, within Langata Mukoma Estate, the 6-bedroom Hogmead residence boasts an impressive front hall with sweeping staircase, six large ensuite bathrooms, an outside sitting room, fireplace, a bar and additional six garden staff rooms.

If the sale goes through, the house, which is listed on Knight Frank’s website, will net Sh23 million for the Kenya Revenue Authority in the form of stamp duty.

Ben Woodhams, managing director of Knight Frank said: “It is a big property, the quality is very high-end and it overlooks the Giraffe Sanctuary.”

The property is expected to appeal to high net worth international buyers with pockets deep enough to get foothold in one of Nairobi’s most exclusive suburbs.

Previous owners of the Hogmead, — Andy and Caragh Roberts; and Fuzz and Bimbi Dyer – had converted the house into a 12-room boutique hotel whose main room cost Sh42,000 a night.

Property market watchers suggest that the unique sale may have been prompted by the massive decline in tourism in the wake of rising insecurity and terrorist attacks in the country.

Judy Mwende, a Journalism graduate from the University of Nairobi, is a seasoned writer and editor with more than a decade of practical experience covering the global construction industry.