Lorn, Collaroy holiday home sells for $10 million

Lorn, the 1920's California bungalow at the southern end of Collaroy Beach, has been sold for $10 million.

It was sold by the Hong Kong-based expat Amanda Spiegel.

A consortium of six local residents bought the house at 9-11 Birdwood Avenue at auction with the view to keeping it as a landmark home. There was overseas interest from Singapore and India.

It was offered by Michael King and Noel Nicholson from Ray White Prestige Palm Beach. The five-bedroom property last traded for $605,000 in 1986.

The 1,472 sqm site at 9-11 Birdwood Avenue, Collaroy is zoned for low-density residential development.

The north-facing parcel with street frontage of over 36 metres, is directly across from the sand, surf and rockpool.

Originally built as one of the northern beaches earliest holiday homes, Lorn comprises 5 bedrooms, kitchen, lounge room, dining room, sunroom, covered terrace and double garage. 

Its beachfront elevated setting offers beach, ocean and headland views.