Restored Exeter Farm listed for sale with $699,000-plus hopes

Its two timber slab cottages were close to collapsing before the property was acquired in 2006 by the Historic Houses Trust with funds from its Endangered Houses Fund (EHF) program.

Located at Glenwood near Blacktown, the 2 Knightsbridge Avenue cottages date back at least to the 1850s.

It's been listed by Emmanuel Fardouly at Raine & Horne Bella Vista Glenwood, who are marketing is as ideal for those downsizing or for a small family wanting a rural setting with a rare surviving example of an early settler's farmhouse.

It was built in the mid-1800s and survived burgeoning urban development, set on 3,000 square metres.

When first mooted for sale in 2009, following its restoration, the two-bedroom property was tipped to fetch at least $600,000.

Design5 undertook its renovation in collaboration with Geoffrey Britton and the Sydney Restoration Co. In 2011 it received the National Trust of Australia (NSW) Heritage Award for a conservation built heritage project costing under $1 million. In 2012 Exeter Farm was awarded the AIA (NSW) Greenway Award for Heritage Architecture.

The endangered houses fund buys and restores derelict houses of historical value, then sells them to private owners with conditions that they will open the property to the public on a regular basis.

Raine & Horne hold the record for the highest residential sale in Glenwood for each of the last four years.

The suburb's lastest heritage sale was Isabella, a 1905 house expected to sell for more than $600,000, that was sold this week through John Russell of Richardson & Wrench Baulkham Hills.

RP Data says the latest median price for the suburb is $590,000, reflecting 5.2% growth over the past year.