Bassike fashion designer Deborah Sams is on the move. Roughly two kilometres, as the crow flies.
Settlement documents are expected to reveal Sams and her husband Toby as the new owners of Leontine, a 1630-square-metre estate a few hundred metres from the water at Careel Bay in Avalon.
The southern California-style hacienda sold for $4.73 million in late March.
It received a big-ticket renovation from Raine & Horne Palm Beach and Avalon principal Glenn Lee, who paid $1.9 million for the property in 2004.
David Watson, of LJ Hooker Avalon, managed the campaign.
The agency’s principal, David Mackay, rates the result as one of the sales of the decade.
“For a non-waterfront setting with no view on two blocks of land, it really stood head and shoulders above the competition in the area,” Mackay says.
Less than three weeks after that deal was done, the home of Sams and her husband, also in Avalon, was listed for sale through McGrath’s James Baker with a price guide of $2.5 million to $2.75 million.
Expectations were lowered slightly before it sold in late May for an undisclosed sum.