Nairobi’s priciest home up for sale at Sh565 million

Set on a 10-acre estate, the Hogmead residence has now become one of the priciest units in the residential property market.   PHOTO | COURTESY | KNIGHT FRANK 

In Summary

• The Hogmead residence in Karen has six large ensuite bedrooms, six ensuite garden rooms, 12 staff rooms, a standby generator and a water treatment plant.
• Real estate market followers say the house, if sold, will reaffirm city’s position as a prime real estate destination in East Africa.

advertisement

By GEORGE NGIGI
More by this Author

A country house valued at $6.5 million (about Sh565 million) has been put up for sale in Nairobi’s Karen neighbourhood.

 

Set on a ten-acre estate, the Hogmead residence is now one of the priciest commodities in Kenya’s residential property market, confirming the growing status of Kenya as a prime real estate location in eastern Africa.

Its owners — Fuzz and Bimbi Dyer, and Andy and Caragh Roberts — had turned Hogmead into a 12-room boutique hotel whose main room cost Sh42,000 a night.

HIT BY CANCELLATIONS

The hotel, run by The Safari Company, was indefinitely closed in October 2013 and listed with Knight Frank around the same time.

The Dyers and Roberts also own and run the luxury Manda Bay resort hit by cancellations after the kidnapping of an elderly French woman in 2011.

Immediately after that incident, Mr Dyer was quoted telling the Financial Times “My business is over, completely.”