Bilgola weekender of the late newspaper publisher James Fairfax sold

The longtime Bilgola weekender of the late newspaper publisher James Fairfax listed with $4 million hopes in March has finally been sold - and for substantially less.

Ginahgulla last traded in 1960 at £8250. Set on The Serpentine, the home still has its Leslie Walford features including oyster shell splashback in the kitchen.

The oceanfront reserve home has been listed by the neighbour, his longtime friend Richard Walker who inheritaged the home after Fairfax's death last year aged 83.  

The sale price has not been revealed.

He gifted Retford Park at Bowral to the National Trust, and had in recent years sold a home in Woollahra, along with Stanbridge Mill at Dorset, England.