Deal for Knockabbey Castle sale close six years after it first hit the market
A deal for the sale of the stunning Knockabbey Castle could be back on.
The Louth Village castle has been on the market for almost six years but looked to be on the verge of a sale last August when it went sale agreed with selling agents Coldwell Banker Leeson Estates.
However, that deal subsequently fell through with the property going back on the market in November.
It has now emerged that a deal to conclude the castle’s sale was agreed in early January with the final paperwork being worked out.
Knockabbey Castle first went on the market in April 2011 with an asking price of €2.5 million but that was cut back to €1.25 million as of last November.
The castle is famous for its stunning gardens.
The building dates back to 1399 when it was called Thomastown Castle. Having housed the Tennyson and O’Reilly families in the 14th and 15thcenturies, the estate was home to the Bellew family for many years until it was confiscated following William of Orange’s victory over King James II at the Battle of the Boyne in 1690.
More recently, Knockabbey was purchased by Dublin-based property developer Cyril O’Brien in 1998. The grounds were in a bad state of disrepair, but with support from the Great Gardens of Ireland Restoration Fund, horticultural experts, stonemasons, tree surgeons and other experts, the historic gardens at Knockabbey are now in fine condition and have even been used as a setting for wedding pictures in recent years.
In total €3.81 million was invested in the restoration.