MAGIC beans weren’t traded to secure the keys to a Jack and the Beanstalk-inspired cottage but it was a fairytale ending to a competitive auction.
Seven bidders vied for the keys of the enchanting cottage in the Hinterland, which was built by an English author.
A drawn-out auction where 21 bids were placed saw the hammer fall at $655,000 for the property at 5A Magnetic Drive, Tamborine Mountain.
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Investors, locals and house hunters from Brisbane and the Gold Coast all showed interest in the two-bedroom house.
Harcourts Scenic agent Tom Van, who sold the property alongside Eli Van, said it was an action packed auction day.
“It was a mad house, it was all going on,” he said.
“There was a sausage sizzle, coffee, champagne and balloons out.
“It (the auction) went for a while because at one point bidding stalled as a phone bidder came in and they ended up buying it.”
Mr Van said the Brisbane-based buyers planned on moving into the property in the future and hoped to live happily ever after.
The property, called Foh Fum Cottage, was built by engineer and writer William Andrew Mudie.
The author’s cottage has been home to Mr Mudie and his wife Lynne for the past two decades, with four of his books produced there.
Mr Mudie’s books, The Foh Fum Legends, follow the real stories behind fairytale Jack and the Beanstalk.
“If you buy a new house they have no character. This is a one-off, you won’t get anything else like this,” Mr Mudie said when the property hit the market.
“Mt Tamborine is really nice, I look down at the Gold Coast and see the sunrise and on certain days of the year the moon comes up and lights up the South Pacific and it becomes an inky black colour.”
The property has two titles, one of which the couple will build their next home on.
“We are not moving off the mountain, I never got round to building the second property so we will sell this and build the next one,” Mr Mudie said.
“We will probably make it an alpine log cabin — a totally different take.”