Last week marked the end of an era for Warrenstown Agricultural and Horticultural College when the house and the remaining 72 acres were offered for sale by selling agent Thomas Potterton, Trim.

Founded back in 1923 by the Salesian Order, the college at Warrenstown became the training grounds for thousands of students over the past eight decades. That is before it permanently closed its agricultural training programme back in 2001 and its horticultural programme in 2009.

Since officially going on the market five weeks’ ago, the property generated widespread interest that included the US, Cork and Dublin.

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Over 30 people turned up to the Property Exchange, Trim, for last week’s auction of Warrenstown House and the last remaining 72 acres of the farm. Offered in one lot only, bidding on the entire opened at €500,000 and moved swiftly in €20,000 and €25,000 bids the whole way up to €920,000. At first there were four active bidders but this swiftly whittled down to two as the sale price progressed. After consulting with the vendors, Thomas was instructed to declare the farm on the market at €920,000 and with no further movement, the hammer soon fell at almost €12,800/acre to a local business family.

It’s understood that they intend to move into the house and possibly develop the yard and grounds at a later stage. The underbidder was a solicitor acting in trust (via the phone) for a UK-based buyer. The two other bidders included a family from Co Wexford and business people from Co Meath.

Dating back to the early 17th century, Warrenstown House was presented for sale in excellent order.

Accommodation included three large reception rooms and nine ensuite bedrooms. Outside there was an extensive range of buildings and facilities that included a cut-stone lofted courtyard, two machinery sheds, a range of workshops and five huge glass houses that cover half an acre. The land comprised 25 acres of forestry, 40 acres of grass and seven acres of yards and grounds. The property was guided at €600,000 to €700,000 prior to auction.

In 2008, the sale of 450 acres at Warrenstown College Farm became the talk of the country when it sold under the hammer for €13.5m or exactly €30,000/acre. This was the top prices paid for land in May of that year, shortly before the country entered recession in November 2008.