Terrara House returns to market repriced

Terrara House, the historic country estate on the New South Wales south coast, has its price hopes dropped.

The Millbank Road home now comes with a $5.8 million to $6.3 million price tag, having initially sought $7.5 million to $8.2 million early this year.

The Richmond Moore designed home was constructed from local sandstone in 1904.

It was built on the site of a previous house that was home to the pioneering De Mestre family for first settled in Terara in 1836.

The best known member of the family, Etienne de Mestre, was a celebrated racehorse trainer.

Etienne regularly conducted private race meetings on a track on the Terrara House estate and trained Archer, winner of the first two Melbourne Cups. His record of five Cup winners, all trained on the estate, stood for almost a century. 

Terrara House was originally built for the Mackenzie family. Head of the family, Hugh Mackenzie, was a Scottish laird and Mayor of the Shoalhaven for 23 years. 

Now the three level home has over 20 rooms including seven bedrooms, three bathrooms, a commercial kitchen and a conservatory.

An 18 metre swimming pool and championship tennis court sit on the 6.8 hectare parcel which features established vegetable and parterre gardens.

The stables that predate the home have been converted into luxury guest accomodation.

Unique Estates agents Nicolette van Wijngaarden and Simon Platt have the listing.