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Overview
This luxury residence at 5706 Observation Crescent offers a renowned blue-ribbon address within Sanctuary Cove, contained in a private and elevated cul-de-sac location. The elevation enhances the living experience by providing stunning views over the nearby river, creating a serene and almost timeless ambience for relaxation or entertaining.
Meticulously remodeled, this substantial home encompasses four generous bedrooms and three bathrooms, providing ample accommodation for families or those who value space and privacy alongside picturesque surroundings. Highlighting the design is a state-of-the-art, custom-made kitchen, fitted with premium inclusions that cater to the needs of serious home cooks and entertainers alike. This kitchen’s craftsmanship and functionality ensure that culinary endeavours are supported by both style and convenience.
With three car parking spaces, the property accommodates multiple vehicles comfortably, enhancing the practicality for households with several drivers or guests. The generous land size of approximately 1100 sqm offers space for outdoor enjoyment, potential landscaping projects, or simply the luxury of additional privacy amid the well-appointed neighborhood setting.
The combination of its elevated position, river views, and high-quality renovations make the home especially appealing for purchasers seeking an impressive family retreat or a distinguished residence to live in one of Sanctuary Cove’s most sought-after enclaves. Its thoughtful design and premium features support a comfortable, functional lifestyle enhanced by the natural beauty of its surroundings.
Local Market Insights
In Sanctuary Cove, Quiet Listings observed 72 new houses entering the market over the last 30 days, up from 71 during the previous 30-day period, with an average advertised asking price of $2,859,264. The property type mix of listed properties is predominantly Houses at 69%, followed by townhouses (9%), and apartments (8%). The most active agency for houses in the Sanctuary Cove area is currently Ivy Realty, representing 33% of new listings, followed by Ray White with 31%. 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.