Take a look around millionaires’ playground mansion with breath-taking sea views on sale for £8.5m

A magnificent mansion that occupies one of the finest plots on the millionaires’ playground of Sandbanks has gone on the market for £8.5million. The luxury house is one of just 14 properties located on the ‘elite’ stretch of Britain’s most priciest coastline.

The row of harbourfront homes are worth well over £100m combined. Positioned on the end of the exclusive peninsula in Poole Harbour, Dorset. 112 Panorama Road backs right onto the water and has stunning views of the harbour entrance that multi-million pound yachts regularly sail in and out of, and looks across the water to Brownsea Island.

It has its own private jetty with a boat hoist to give the new owner immediate access to the waterway. Demand for property on Britain’s version of Miami Beach has gone through the roof since the start of the pandemic.

This is mainly due to wealthy people moving out of London and the Home Counties as they can now work remotely. There is said to be the equivalent of a three year waiting list for waterside property worth over £1m in the area.

Although this five bedroom house is priced at the higher-end of the market, it is still likely to be snapped up soon. Within the past four years several luxury mansions on the same row have changed hands for big money.

One of those was the former home of Harry and Sandra Redknapp that recently sold for £10.5m The latest property to come on the market was only built in 2003 and the current owner, a millionaire businessman, bought it three years later.

On the ground floor there is a huge living/dining room that has doors opening out to a large sun terrace overlooking the sea. There is also a large kitchen with a pantry, TV room and family room.

The first floor has four bedrooms, all with en-suite bathrooms, and the second floor has the large master bedroom suite with a balcony facing the water. In the basement there is an indoor swimming pool with changing facilities, a games room and garden room.

There is a lift between the basement, ground and first floors. To the front of the house there is a two storey annexe that has a kitchen and living room and one double bedroom.

The back garden has been professionally designed with an array of tropical trees and grasses and a decked terracing along the water’s edge, leading to the jetty. The unnamed vendor said: “It was without doubt the location of the property that sold it to me back in 2006.

“I’m passionate about water sports and here I have had the ability to indulge my passion on a whim in one of the most beautiful locations in the whole of the UK – if not the world. We enjoy the most spectacular panorama, utter peace and privacy and direct access to the water.

“It’s the view that I’ll miss most. There really is nothing quite like it.”

The property is being jointly marketed by estate agents Tailor Made and Savills. Robert Dunford, of Tailor Made, said: “We have unprecedented demand for high-end waterside homes at the moment, principally from buyers that are international and London based.

“With the undersupply of property currently available, this is the only waterfront home in Sandbanks to come to the market and we anticipate strong interest.”

Keith Fensom, of estate agents Savills, said: “The market for property on Sandbanks remains very strong. “There is nothing else for sale on the waterfront at the moment and we have a list of prospective buyers to notify so we don’t expect this to hang around for long. This house is one of 14 exclusive properties located along the elite stretch of Sandbanks coastline at the entrance of Poole Harbour.

“It can be difficult to have privacy on Sandbanks as the properties tend to be very close to each other but this section has some of the largest plots and the houses are hidden from the main road, behind electronic gates and trees.”

For more stories from where you live, visit InYourArea.