The transaction, handled by Lew Geffen Sotheby’s International Realty, marks the highest sale ever recorded in the area, underscoring the growing allure of South Africa’s luxury real estate market among both local and international buyers.
A Cape Dutch treasure with Boutique-Hotel Grandeur
Originally part of one of the Western Cape’s earliest farms, dating back to 1688, Stillness Manor is a 14-bedroom Cape Dutch-style estate sprawling across four acres.
The manor, which offers sweeping views of False Bay and the Steenberg Golf Estate, was purchased by an international buyer, further highlighting the global demand for premium African heritage properties.
“This sale demonstrates that there is still strong appetite for secure, high-end property in the Cape. It resets the pricing benchmark for Zwaanswyk and affirms the suburb’s exclusivity,” Lew Geffen Sotheby’s said in a statement.
“Combine the dearth of available stock with the fact that more than 40% of current owners have been resident for over 11 years, and it makes for a highly competitive environment,” the agency added, citing data from Lightstone, a property analytics firm.
Lightstone’s data also shows that the average household income in the area exceeds $10,700 per month, reflecting the suburb’s affluence.
“Buyers at this level are not just purchasing a house. They are acquiring a legacy estate, a piece of Cape history with a profound sense of place and permanence,” Sotheby’s said.
The record-breaking Stillness Manor sale is the latest signal that the continent’s luxury real estate market is maturing and gaining global prestige.
