Great spot to host a party.The result was a massive vendor discount of $950,000 on the original listed price, with the most recent listing stating it was “reduced for immediate sale”.In June 2017, the land valuation was estimated at $3.1m, according to CoreLogic records.The home is in the coveted Ascot State School catchment, close to two racecourses and a short walk up the hill from Racecourse Road and all its eateries and shops, as well as the Portside Wharf precinct.“Hamilton is synonymous with prestige homes and this extraordinary property certainly won’t disappoint. This is a premier residence with a premier address.” It was described as one of Hamilton’s finest homes. More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoThe house has five bedrooms as well as a study, three bathrooms, and a double-car garage.“Downstairs is a child’s dream, extremely well thought out it will grow with the family,” was how it was listed on realestate.com.au.“With its large grassy and secure backyard to the spacious games room, inground pool and multiple outdoor areas, its perfect for younger kids right through to teenagers.”It was marketed as “Hamilton’s finest family home” and listed for tender in April 2017, with a $5.95m price tag put in September that year. That was then dropped to $5.75m in March last year, $5.495m in July before a sale was finally secured for $5m in October 2018. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 This home in Hamilton first hit the market priced at $5.95m. The home has oodles of indoor-outdoor flow. FOLLOW SOPHIE FOSTER ON FACEBOOK The open plan makes the most of the outdoors too with large glass panels. A home in Hamilton with stunning city skyline views sold for a whopping $5 million in October after a $950,000 vendor discount. A Brisbane blue chip home with the best of everything that money can buy has sold at an almost $1m discount.Designed by M3 Architecture, the massive 500sq m house in the hills of Hamilton is spread across three levels in an L-shaped layout to make the most of jawdropping views of the city skyline and the river.The owners had bought there in July 1999 for around $1.17m, proceeding to build a new house on the site the following year with a fresh new look using brick, concrete, vast expanses of glass, soaring ceilings, Tasmanian Oak, louvres and sliding doors. The home was designed by M3 Architecture.