Ken Jacobs Reportedly Sells One of Australia's Most Prestigious Properties for $52 Million

Posted by — January 21, 2016

1436200118NEW SOUTH WALES, AUSTRALIA - Villa Igiea, a magnificent European style villa located in Vaucluse, NSW, reportedly sold for an unconfirmed $52 million on New Years Eve. 

The hillside mansion is inspired by the grandest of villas in Palermo, Sicily, and dates back to the 1920s. Originally built for the Grace retailing family, this property is one of Sydney's leading short term rentals going at $70,000 per week. Some celebrity guests have included The Jolie-Pitt family, Katy Perry, Beyonce and Jay Z, Stevie Nicks, and more. 

Its unconfirmed $52 million price places it in second spot on Sydney's all time prestige sales list. Ken Jacobs also sold Australia’s highest residential sale at a reported $70 million in 2015.


About Ken Jacobs

Ken Jacobs is one of the foremost figures in Australian real estate, a consummate professional who has been responsible for many of nation's largest and most important property transactions. For more than three decades Ken has been entrusted with the sale of some of the most significant homes and estates in Australia and, in return, has achieved numerous Australian price records for his vendors. In 2014, Ken continued this extraordinary run of success by delivering the country's top three residential sales.

Share this post

Search Press Releases

Recent Blog Posts

2.5 Acre Opportunity Zone Lot in Boulder for Sale

Team Denver Homes-RE/MAX Professionals, Team Denver Homes-RE/MAX Professionals — Feb 26

Happy Birthday Lisa!

Echo Fine Properties, Echo Fine Properties — Feb 26

The Ridge New Construction Ski-In located in the Canyons Village, Park City

Debbie Voss, Summit Sotheby's International Realty — Feb 25

Lois Schneider Realtor Celebrates 2019 Accomplishments

Lois Schneider Realtor, Lois Schneider Realtor — Feb 24

2019 Marked a Strong Year for Chatham County, Georgia’s Housing Market

Staci M. Donegan, Seabolt Brokers LLC — Feb 24