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Overview
Set in one of Merimbula's most sought-after coastal locations, this adaptable 1970s beachside residence offers spectacular ocean views and abundant natural light throughout the day, thanks to its desirable north-east orientation. The property features five spacious bedrooms and three bathrooms, including a fully self-contained granny flat, making it an excellent choice for multi-generational families, investors seeking rental income, or anyone desiring a versatile coastal lifestyle.
The home exudes a relaxed coastal charm and is ready for immediate enjoyment or can be transformed into a personalized seaside sanctuary. Recent enhancements such as new air-conditioning, an electric garage, updated tiling, and tasteful sheer curtains add modern comfort, while the solid structure provides a strong foundation for further customization.
Elevated to capture sweeping beach vistas, the property offers a stunning backdrop for daily living. Its prime location places it within easy walking distance of Merimbula's lively town center, with its cafes, boutique shops, and popular foreshore precinct, enhancing the lifestyle appeal.
The layout is highly functional, with five generous bedrooms spread across the main residence and the independent granny flat, complemented by three bathrooms for convenience. The granny flat is ideal for extended family members, guests, or as a source of rental income. Multiple living areas provide flexibility and ample space for various living arrangements.
Situated on a sizable block with coveted dual access, the property presents exceptional development potential. There is the possibility to build a second dwelling, subject to council approval, offering savvy buyers a rare opportunity to maximize value in this premium coastal setting.
Location highlights include panoramic ocean views from the elevated position, a north-east aspect that ensures sun-filled living spaces, proximity to the Merimbula town center, and easy access to cafes, shops, and foreshore attractions. The dual access enhances convenience and privacy, while the street itself is a prime beachside address in high demand.
This property offers three distinct advantages: a spacious family home with income potential, a smart investment opportunity, and a unique redevelopment prospect with significant upside. Whether you choose to move in and enjoy, renovate to your taste, or reimagine the siteโs possibilities, this residence embodies the finest of the Merimbula coastal lifestyle, with potential as impressive as the views it commands. Do not miss this rare chance to secure a versatile oceanview property in one of the Sapphire Coast's most desirable locations.
Local Market Insights
In Merimbula, Quiet Listings observed 8 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,147,625. The property type mix of listed properties is predominantly Houses at 42%, followed by land (21%), and units (16%). The most active agency for houses in the Merimbula area is currently Kim Poso Properties, representing 75% of new listings, followed by Sails Real Estate with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Merimbula NSW 2548