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Location

Market Insights for East Lismore NSW 2480

New Listings (last 30 days)

Average price

$1,112,452

Lowest price

$395,000

Highest price

$3,500,000

267 Ballina Road, East Lismore NSW 2480

Auction Saturday 31st October At 12:30pm

Search Band

$1.4M - $1.54M Low Confidence Calculated based on limited search observations.

House 7 beds 7 baths 6 cars 2030 m²

Listed: 8 days ago

Overview

Melville House, a grand residence built in 1942 and lovingly maintained by a single family for over 80 years, now presents a unique opportunity for new ownership in East Lismore. This property is a harmonious blend of period architectural elegance, historical significance, and practical versatility, showcasing original features that attest to its lasting craftsmanship and character.

The home welcomes visitors with striking polished timber floors, high ceilings, intricately cut glass doors and windows, and original light fixtures, instilling an immediate sense of warmth and grandeur. The central staircase, rising impressively through the residence, acts as a focal element reminiscent of the home's bygone era.

Previously operating as a well-regarded bed and breakfast for more than three decades, this residence has proven its appeal for guests seeking charm and tranquility. It offers multiple living and entertainment spaces, providing exceptional freedom for a range of lifestyles. With seven bedrooms and seven bathrooms, this home comfortably supports large or extended families, multi-generational living, or hospitality opportunities, enhanced by high-quality marble and classic bathroom detailing.

Set on a rare, large, and level 2,030 square meter block free from flood risk, the property boasts spacious and private gardens teeming with native plants and birdlife, creating a serene backdrop suitable for relaxed outdoor living. Notably, a magnificent 17-metre swimming pool serves as a central outdoor feature, perfect for entertaining and leisurely family gatherings amidst lush greenery and generous open spaces.

This combination of heritage, scale, and adaptability opens diverse possibilities for the future use of Melville House. Whether as an exceptional private family home, a multi-generational dwelling, short-term accommodation, or a distinctive hospitality venue, the property offers significant potential limited primarily by the imagination of its next custodian.

Overall, Melville House is much more than a residence; it is a cherished piece of local history awaiting its next chapter. Prospective owners are encouraged to experience this truly rare property to appreciate its full character and promise.

Local Market Insights

In East Lismore, Quiet Listings observed 73 new houses entering the market over the last 30 days, up from 72 during the previous 30-day period, with an average advertised asking price of $1,112,452. The property type mix of listed properties is predominantly Houses at 80%, followed by land (11%), and units (3%). The most active agency for houses in the East Lismore area is currently First National, representing 18% of new listings, followed by Ray White with 16%. 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.