Natalie Tonks and Chasse Ede, of PRD Newcastle and Lake Macquarie, sold the five-bedroom residence on three-quarters of an acre at 5 Ridge Lane.

The New Lambton home featured cathedral ceilings, marble tiles, wool carpet and extensive formal and informal living and dining areas. It offered verandahs overlooking the property's in-ground swimming pool, manicured grounds and distinctive Jacaranda border.

Known as "The Ridge", it is set privately along New Lambton's ridge line with panoramic views of the city and offers a private haven of luxury and tranquility.

Since purchasing in 2006 for a then suburb record $2.7 million, the owner undertook internal renovations and completed extensive landscaping of the grounds, including sandstone edging, manicured hedges, a four-season flowering display and vegetables gardens. They also purchased a portion of a neighbouring block and established a mini-orchard. That $2.7 million mark had not been surpassed until the property changed hands again.

Related content:

The owner told the Newcastle Herald their family and friends have many wonderful memories of "The Ridge" and were pleased their home of the past 14 years had been bought by a local family to also now enjoy as they had.

In other sales news around the region, Walkom Real Estate have sold two brand new apartments in the Civic Park development at 29-31 Laman Street in Cooks Hill. There are only 11 apartments in the complex. The two sales were $985,000 for a three-bedroom, north-facing apartment on the top floor at 202/29-31 Laman Street and $930,000 for 104/29-31 Laman Street.

In Cameron Park, Belle Property Charlestown sold a home with four bedrooms and two bathrooms on a level block 660 square metres in size opposite bushland at 28 Eumina Street in Cameron Park for $735,000.

Street Property have reported the sales of a three-bedroom home at 28 Kerry Avenue in Elermore Vale for $660,000 and a two-bedroom apartment at 3/195 Gosford Road in Adamstown for $407,000.

A-bedroom home that was built six years ago at 3 Crescent Road in Wangi Wangi on 1657 square metres of land and came with a large shed was sold by LJ Hooker Wangi Wangi for $965,000.

A three-bedroom home with a pool and double freestanding garage at 25 Hiland Crescent in East Maitland was sold by PRD Hunter Valley for $495,750.

Premier Estate Agents have sold a three-bedroom home with a pool at 7 Elaine Avenue in Rankin Park for $680,000.

A four-bedroom home at 4 Piroma Street in Fletcher was sold by Day By Day Property Solutions for $720,000.