Equine acreage built by a Russian billionaire hits the market


876 Gilston Road, Gilston, is on the market.


A PROPERTY built by a Russian billionaire but is now a luxury equine estate is up for sale.

Nestled among 3.6ha of lush tropical gardens and open spaces in Gilston, the home at the heart of the acreage commands attention for its bold architecture, inspired by the designs of Frank-Lloyd Wright.

The Gilston property has a unique brick and concrete design.


Solid brick and concrete pillars hold aloft the property’s signature cantilevered roof peeking through the tops of the surrounding palm trees.

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The eye-catching property was built in the early 2000s and was the mastermind of its then Russian billionaire owner.

Horses are well catered for on the estate.


Local rumour has it that he spent $4m building the house and a further $4.7m on landscaping the surrounding acreage and gardens, which includes orchards and exotic plants.

At the heart of the property lies what was the billionaire’s swimming pool, but is now a large lake, where you can throw in a line to catch saratoga, barramundi or perch.

The lake is stocked with fish for recreational fishing.


Marketing agent Brad Coyne of Kollosche said the property was second-to-none in terms of the quality of its construction.

“The building inspector said he had never seen anything like in his 35 years on the job,” Mr Coyne said.

It’s the ideal home for work, rest and play.


Huge steel rods and pillars support the home, which is fully open-plan and features Tasmanian Oak finishes, custom European windows and bespoke brickwork.

The house has solid Tasmanian oak finishes throughout.


There is a sprawling master suite on the second storey with a kitchenette, fireplace, spa ensuite and deck with spectacular views.

Two further bedrooms and bathrooms are located downstairs, along with a sauna, double garage and alfresco area overlooking a large pool and spa.

Spectacular sunsets are common vista.


While there was little to do inside the house, the current owners have spent a considerable sum installing top-class equestrian facilities, including a 70m x 27m sunken arena with sandstone walls and flat European-grade surface, dual wash bays, and seven large paddocks, including two for stallions, that are separately irrigated and pasture ready with large horse shelters.

The European-grade arena.


The property’s 143m of water frontage on the Nerang River will compensate those who prefer water-based activities over equine pursuits, and there’s a potential helicopter landing zone for jet-setters wanting to fly in for a weekend break.

The gardens and acreage is immaculately maintained.


Mr Coyne said the property had attracted considerable interest since hitting the market two weeks ago and offered buyers an opportunity to acquire a unique property with plenty of scope for development.

The property is simply stunning.




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