Penhallow, the prestige 1950s Castlecrag residence has been listed with $15 million hopes for the first time in 28 years.

It comes with water views from the two houses set on 4400 square metres of landscaped gardens.

It has been listed through Mark O’Brien of Richardson Wrench Castlecrag inconjunction with Bob Guth of BradfieldCleary Double Bay.

It was built by David Blacklock, the Slazenger sports equipment company managing director, in 1953 to a design by architect John Brogan. The Blacklock family were responsible for much of the suburb’s post-war subdivision re-development.

Its subsequent 28-year ownership by Richard and Joan Crebbin saw the 1960s installation of Marion Best Hall furnishings into the home including, according to the NSW Historic Houses Trust, a circular Marengo striped wool shag rug. The accompanying images show details of the front and back of the rug.

Richard Crebbin headed Marrickville Holdings whose brands included Miracle margarine, Mother’s Choice flour and Eta peanut butter.

The Crebbins were among Marion Hall Best’s most important clients throughout the 1960s and 1970s as she refurnished Penhallow with expensive international imports on more than one occasion.

The Crebbins acted as patrons to artists, craftspeople, and to Best herself.

The Crebbin’s had a collection of Australian art that included paintings by Sir William Dobell, Sir Sidney Nolan and Charles Blackman along with sculptures by Robert Klippel, Gerald Lewers and Clement Meadmore. In 1966 the Sydney Morning Herald reported his chauffeur drove him to work each day in a 1962 maroon Cadillac with the number plate RC 900.

The Linden Way grounds come with tennis court and swimming pool.

The vendors Sandra and Paul Salteri, who is the chairman of Tenix Ltd secured the house in 1985 for $1 million.

Title Tattle seems to recall its name, Penhallow stems from a Cornwall hamlet.

Images courtesy of Nuance Photography.