Managing agent LJ Hooker Taree sales consultant, Justin Atkins said the next highest sale price in the Failford area was $1,550,000 three years ago.

There was a lot of interest in the property, and surprisingly, given the price, most of the genuine interest was from local people, Mr Atkins said.

"Each open home I was getting seven or eight groups through," he said.

We probably had 30-35 people look at it.

"I was quite surprised myself because I thought, you're trying to sell something here for $2 million when the highest sale price is $1.5 million.

"You just expect that sometimes a cashed-up Sydney buyer will come and but no, it was actually a local."

The property last sold in 2018 for $689,000.

That time it was bought by a Sydney buyer, who demolished the original red brick house and did a total rebuild in 2021.

Built by McDonald Jones Homes, the house boasts five bedrooms, two bathrooms, a home office, a study, a children's activity room, a home theatre and multiple entertaining areas.

It also has a three-car garage, a three-bay shed, and a Tesla battery back-up for the solar power.

One very unusual addition to the house is a built-in dry cleaner for clothes in the wardrobe.

When asked why the property attracted such a price and such a lot of interest, Mr Atkins said the feedback he had was it was a flat, level 10 acre block, with subdivision potential.

It also has town water and sewer.

"And the fact that it's a two-year-old house," Mr Atkins said.

"It was a really, really good quality build."

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