Park Avenue of Sandymount, like its famous namesake in New York City, is noted for its high property prices and wealthy residents. For example, in 2006, number 70 - a Victorian red-brick semi-detached house with a large garden - made headlines by selling for the large sum of €9,500,000.[3] However, the same house was priced at €5,925,000 by 2011.[4]
History
Park Avenue runs through an area which was, in former times, known as The Marsh, being a 13-acre (53,000 m2) pond or lough in the estuary of the River Liffey.[5][6]
In 1820, twelve dwellings stood in Park Avenue, which was originally known as Cottage Park Avenue.[7]
The Sisters of Mercy had a convent, orphanage and school on Park Avenue which was founded in 1856 and reference to their activities is made in the novel Ulysses.[8][9] When high property prices made sales of their grounds attractive, this posed a dilemma for the religious order but 3.15 acres (12,700 m2) were sold for the construction of 78 houses in high-density development.[10]