The 29,000 sq ft residence, surrounded by four acres of gardens, was initially listed in 2023 with an asking price of £250 million (AUD $473 million), making the final sale price significantly lower than anticipated.
Built in 1818, The Holme was owned by Prince Khaled bin Sultan al-Saud since 1991 but was put on the market after a loan secured against the property expired.
The Guardian reports the buyer is a UK subsidiary of Zedra, a corporate services firm managing investments for wealthy clients, though the ultimate owner remains unknown due to the use of offshore trusts.
The sale matches the £138 million (AUD $261 million) price achieved for Aberconway House in Mayfair last year, cementing The Holme’s status as one of London’s priciest properties. Despite requirements for offshore companies to declare property owners, the real identity of The Holme’s buyer is obscured, highlighting ongoing challenges with transparency in the UK’s luxury property market.
Described in 1988 as “possibly the world’s most expensive home,” The Holme remains a crown estate property, available for purchase on a long lease.
Its location near the Regent’s Park boating lake, London Zoo, and the US ambassador’s residence makes it one of the capital’s most sought-after addresses.