Billeroy, the Tallebudgera Creek estate, has been bought by Sunland founder Soheil Abedian.
He's paid $2.2 million for the acreage in the Gold Coast hinterland.
Set on 3.6 hectares, the lifestyle property offers 100 metres of creek frontage.
There's a single level home with five bedrooms, three bathrooms and a home office, built around a central alfresco pavilion.
Floor to ceiling windows frame the views of the paddocks and tailored gardens.
Separate self-contained two bedroom accomodation sits in the manicured grounds with a swimming pool.
Harcourts Coastal Broadbeach agent Katrina Walsh secured the sale.
Abedian, an Iranian born architect, founded Sunland Group in 1983.
This article first appeared in The Weekend Australian.