Croswaithe Developments, a subsidiary of Greg Kavanagh’s New Generation Homes, is amending the planning permission previously obtained in respect of the redevelopment of the landmark Neptune House, a Georgian villa on substantial grounds on Blackrock’s Temple Crescent.

The property, which came up for sale for €2.5 million in March 2013, appeared sold on the property price register for €1.1 million in January 2014. That price is unlikely to be the full price paid and most likely represents just the price of the house and some element of the 2.4 acre site, with the remainder of the grounds sold as a site, therefore not appearing in the residential property price register. (We reported at the time that the sale price for the entire was closer to €2.9million)

A planning application was initially lodged in 2014 by an architect, and since then Neptune House has re-appeared in the property price register in January 2015 for €1 million. Now Croswaithe has submitted a new application that will see the number of units in the luxury development reduced even further. The scheme is undoubtedly one of the finest under construction in Dublin given its location and low-density.

In total, the site will contain 13 three-storey 185sq m (1,990sq ft) houses of the same style, five detached and eight semi- detached, one two-storey detached 126sq m house, and four luxury apartments. While the houses are in many ways standard, the apartments are exceptional.

Built within the original Georgian house, there will be four apartments – one per floor – each with an average size of 199sq m (2,140sq ft). Not only are the sizes of the apartments huge by Irish standards, the proportions are even more impressive thanks to the home’s 18th century origins.

The ground apartment, a 192sq m two-bed with rooms of exceptional grandeur and high ceilings, may qualify as Dublin’s most elegant once completed, however no launch date for the scheme has been released yet.