Car dealer Phil McCarroll selling in Sovereign Islands

Car dealer Phil McCarroll is selling his Gold Coast holiday home.

The Sydney-based McCarroll paid $2.4 million for the Sanctuary Cove home in 2008.

McCarroll has fully renovated the waterfront over his decade long ownership.

There are four bedrooms, split into two wings, and a central living space that opens to a terrace that adjoins the tennis court on its 1,740 sqm block.

An alfresco entertaining area with built in barbecue looks over the 11 metre infinity edge pool, etched with the term 'La dolce vita', translated to the good life. 

Queensland Sotheby's agents John and Marie Manning are seeking $3.95 million.

Last year McCarroll spent $6 million on Craboon, the luxury 1920s stone cottage at Palm Beach north of Sydney while retaining a Duffys Forest acreage. 

This article first appeared in The Weekend Australian.