Site first put on market for €35m in 2018 and came close to being sold to Johnny Ronan for €29m in 2020

DLRCC paid about €18 million for a prime residential development site with scope for up to 370 homes just off Brennanstown Road in the South Dublin suburb of Cabinteely.

In October 2021, the land was offered for sale at new and lower guide price of €23 million but failed to find a buyer. In February 2023, the receivers went to the High Court and sought injunctions preventing Mr Ronan’s company, RGRE, from interfering with the sale of the property. Notwithstanding the resolution of that dispute, the price for the Brennanstown Plot was lowered further still to €18 million last summer. It is now set to be acquired for about that price by Dún Laoghaire-Rathdown County Council.Lot 1, known as Druid’s Glen, comprises 8.8 acres of residential development land and 11.1 acres of forestry land. It is occupied by three houses at present, namely Glendruid House, a protected structure, Druid House and Knockanree House.

The northern section of the site will in future be bound by a proposed road linking the N11 with the suburbs of Foxrock and Cabinteely. The Lehaunstown lot also includes three houses, one of which is derelict.

Source Irish Times