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Cape Town
Cape Town | Western Cape

The Grandeur of

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Craig Mathieson
Craig Mathieson
Presented At
R23,750,000
Bedrooms
4
Bathrooms
3
Living
4,015
SQFT
Fireplace
High Ceiling
Office
Air Conditioning
Walk In Closet
Wine Cellar
Gas Stovetop
Garage
Terrace
Pergola
Outdoor Living Space
Garden
Pool
Mountain View
Panoramic / Scenic View
Modern
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Cape Town, Western Cape, South Africa. , Cape Town , Western Cape

An Elevated Living Experience With Soaring Views

Enter a retreat where Table Mountain anchors the view, while the Mother City and eastward city skyline stretch outward beyond. Unobstructed, panoramic views reveal themselves from every level, pairing with a level garden and an inviting pool to create a composition that is uniquely Higgovale. From the street-level entrance, two flights of stairs lead up to the front door.

This three-storey residence sits in the sought-after suburb of Higgovale, designed to maximise its scenic position. The first floor, at entrance level, offers an informal lounge and a wine cellar. This light-filled space opens directly onto the outdoor entertainment area, which includes a pool with a heat pump, level lawn, wooden deck and, views that stretch across Table Mountain and the eastern cityscape. A bathroom is also located on this level.

A guest bedroom with air conditioning and built-in cupboards awaits as you make your way up to the second level. Here you will find an open-plan kitchen, dining & living area and, master bedroom. The contemporary kitchen features stylish finishes, integrated appliances and, a separate scullery, while the living area is framed by expansive double-glazed sliding doors that lead to an outdoor entertainment area. The views of Table Mountain and the City to the East are framed by the large expanse of glass and, a fireplace in the dining area adds warmth in winter, complemented by an additional large wooden fireplace in the lounge that centres this level and creates a unique ambience.

The en-suite master bedroom offers air conditioning, under-floor heating in the bathroom, heated towel rails and, a generous walk-in closet, all with picture-perfect Table Mountain views.

At the back of the kitchen lies a courtyard, perfect for a braai area and social outdoor space with a separate dwelling (the domestic suite) with its own access from the house provides a private, self-contained unit that can serve as staff accommodation or an additional living space, ensuring convenient separation from the main residence.

The top level hosts two loft-style bedrooms with a shared full bathroom. Both bedrooms have air conditioning and skylights that fill the spaces with natural light.

Additional features include a large storeroom, large water tank, solar system and, two garages with direct access into the property.

Higgovale is a tiny oasis perched on the upper slopes of Table Mountain, ideally located close to the city centre, prestigious schools, world-class beaches and, award-winning restaurants.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.

Exterior

Property

Gallery

3D Street View Tour

Map showing Cape Town, Western Cape, South Africa.

Property Location

Cape Town, Western Cape, South Africa., Cape Town Western Cape

Local Weather & Climate

Cape Town, Western Cape

Current Conditions Updated recently
79 °F
Few clouds
Feels Like 79°F
Humidity 52%
Wind 5 mph
Visibility 6.2 mi
Sunrise 4:36 AM
Sunset 5:19 PM
5-Day Forecast
Wed 4 Mar
Clouds
High 77°
Low 66°
Thu 5 Mar
Clear
High 73°
Low 64°
Fri 6 Mar
Rain
High 69°
Low 65°
Sat 7 Mar
Clear
High 67°
Low 62°
Sun 8 Mar
Clear
High 78°
Low 60°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cape Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

R
%
R100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Cape Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $23,750,000 20% down ($4,750,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$2,041
$2,041/day
Your home may appreciate while you sleep
$14,325/week $62,075/mo $744,904/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$13.1M
vs
OWN 📈 +$18.5M
$18.5M Potential Equity
vs $13.1M lost to rent over 10 years
$4.8M Down Payment Growth
3.9x
10yr
$18.5M
8.1x
20yr
$38.4M
12.6x
30yr
$60.0M
Wealth Comparison
×143
Equivalent to 143 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $60.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $28.0M +18%
Market $32.3M +36%
Optimistic $37.3M +57%
$18.5M est. equity
20 Years
Conservative $32.9M +39%
Market $44.0M +85%
Optimistic $58.7M +147%
$38.4M est. equity
30 Years
Conservative $38.8M +63%
Market $60.0M +153%
Optimistic $92.2M +288%
$60.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Cape Town, Western Cape, South Africa features 4 bedrooms with 4,015 square feet of living space.
This property offers 4,015 square feet of living space.
This property is listed at $2,375,000,000, which equals $591532 per square foot.
Based on current market indicators, Cape Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Cape Town, Western Cape. The property is situated in an established neighborhood with convenient access to local amenities and services.
Craig Mathieson

Craig Mathieson

RE/MAX LIVING

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RE/MAX LIVING

RE/MAX LIVING

RE/MAX LIVING

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