The four-bedroom house sold for a figure rumoured to be around the $2 million mark.The house failed to sell at auction in June where five bidders vied for the keys. The property passed in then the highest bidder, whose last bid was $1.9 million, signed a $2 million contract shortly after. The deal later fell over as the buyers were unable to settle. Ray White Prestige agent Robert Graham, who marketed the four-bedroom house, declined to comment on the sale, which was inked last week. A $2 million deal for the property fell over earlier in the year. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:11Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:11 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen5 tips to style your home for sale01:12 Developer Greg Rix has sold his house at 38 Kawana Cres, Ashmore.GOLD Coast development heavyweight Greg Rix has offloaded his luxury riverfront mansion in a multimillion-dollar sale. The Ashmore house at 38 Kawana Cres sold in a deal believed to be around the $2 million mark. The sale comes two months after another $2 million deal for the property fell over. MORE NEWS: Construction king creates ultimate smart homeMORE NEWS: Why investors are turning homes into student accommodation Mr Rix and his wife Wendy built the family home in 1999 and sold to downsize into a beachfront apartment. CoreLogic property records show the pair splashed more than $8 million on a glamorous Main Beach penthouse earlier this year.“It’s been an outstanding family home and we’ve thoroughly enjoyed living here all these years,” Mr Rix said when the Ashmore property first hit the market in June. “It’s a fantastic family property, which we’ll be sad to leave, but with the family all grown up we’ve decided it’s time to move on as part of our downsizing strategy.”“We just don’t have the need for the space.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“I have no doubt the next owner will love it as much as we have.” The Rix’s built the house in 1999. A 1000-bottle wine cellar was a highlight.The house sits on a 1162sq m riverfront block and had a classic design. A porte-cochere entry, multiple living zones, a waterside entertainment area, pool, home theatre and custom-built, 1000-bottle wine cellar were highlights. It spans two levels with the main bedroom occupying the entire top level and featuring a sitting room, walk-in wardrobe, ensuite and private balcony with a spa.Mr Rix, who runs Rix Developments with his father Norm, is the director of the $100 million Pimpama City Shopping Centre, which his company built and owns.