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Exclusive Riverfront Golden Teak Estate In Chiang Mai For Sale

Chiang Mai, Chaing Mai, Thailand
Asking Price:
$5,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Discover the elegance of this extraordinary golden teak residence in Chiang Mai, a true architectural gem that exudes both majesty and charm. A masterpiece of craftsmanship in grand Ayutthaya style where timeless teak wood buildings are enhanced by sweeping green ceramic-tiled roofs, creating a striking and impressive presence.

This estate exudes majesty and sophistication. Nestling on the banks of the Ping River, on land that is well above flood levels, this property offers an unparalleled living experience, endless potential and a fantastic investment opportunity.

Key Features:

  • Sprawling Estate: A generous 7,383 sqm (4 rai 2 ngan 46 sq. wah) of meticulously landscaped grounds alongside the Ping River, with 110 meters of direct river frontage.
  • Prime Location: Enjoy spectacular views of Doi Suthep while being safely elevated 6.1 meters above river level, far from any flood risk. The estate is surrounded by tranquil greenery, offering a peaceful retreat.
  • Multiple Buildings & Pool: The estate includes 8 beautifully designed buildings, a 100 sqm swimming pool, and expansive gardens shaded by mature trees.
  • Ample Parking: The property features parking for up to 14 vehicles, with room to expand for 4 additional cars. Plus, there is extra parking for 10 more vehicles on the adjacent cul-de-sac lane.

Endless Potential:

This private sanctuary is not only a luxurious residence but also a prime candidate for conversion into a boutique resort, wellness center, event space, restaurant, or spa. With its serene setting and easy access to Chiang Mai’s main ring roads, restaurants, coffee shops, and amenities, this property offers both seclusion and convenience.

Accommodation & Expansion:

Currently, the property boasts four en-suite rooms. Additionally, there is approximately 400 sqm (height 3.0m) of versatile covered space beneath the main house, and a further 120 sqm (height 2.5m) below the guest house, ready to be converted into more rooms or other facilities without the need for additional foundations.

Contact & Viewing:

I am the exclusive agent for this extraordinary property and would be delighted to meet you and to take you on a personal tour of the premises.

To see a virtual tour, more details, photos and videos, please be sure to visit my website.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There are four en-suite rooms, two in the main house and two in the guest house. There's a separate building for the main kitchen and three other kitchens around the premises. Living space is both internal and external with wide covered terraces.

Location:

Nestled on the banks of the Ping River, Chiang Mai, Thailand on land that is well above flood levels, close to main ring roads, restaurants, cafes and minutes away from all the amenities that Chiang Mai has to offer.

Premises Details:

There are eight buildings and a large swimming pool set within a large garden on the banks of the Ping River. Six of the buildings are grand Ayutthaya architecture crafted with top quality teak wood topped with swooping green ceramic tiled roofs. Incredibly impressive.

Size in square feet:
13,562 square feet, or 1,260 sqm of covered space
Planning Consent:

The house was built in 2004 with planning consent from local authorities.

Business Operation

Expansion Potential:

There is 400 sqm (height 3.0m) of versatile covered space beneath the main house, and a further 120 sqm (height 2.5m) below the guest house, ready to be converted into more rooms or other facilities without the need for additional foundations.

Competition / Market:

The design style, quality of craftsmanship, extent of facilities and above all the location on prime land with 110 meters of direct river frontage, give this estate unrivalled competitive advantage, both as a private residence or as a commercial venture.

Reasons for selling:

The owner and his wife of 35 years have cherished a fulfilling life in the dream home they built together over a four-year period. After recently becoming the sole occupant, the owner feels the estate would be better suited to a family or business that can fully embrace its vast potential.

Trading hours:

N/A

Employees:
3 private staff
Years established:
2004

Other Information

Support & training:

None necessary

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Website:
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Related Documents:
Business closed / Asset sale:
Yes
Home based:
This business can be run from home.