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101 Otago Bay Road, Otago TAS 7017

Offers Over $1,200,000

Search Band Search Visibility Band

$1.2M - $1.26M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 4 Cars 4115 m² 130 m²

Listed: 15 days ago

Updated: 15 hours ago

Overview

Situated privately on approximately 4,115 square metres of absolute waterfront land in Otago, this character weatherboard home offers a rare sanctuary where privacy, nature and panoramic River Derwent views combine to create a unique lifestyle opportunity. The property is superbly secluded, surrounded by established gardens and nestled between Otago Bay Road and the shoreline, offering direct access to the serene waters and a council reserve known locally as 'the lagoon'.

Built in 1963, and sensitively modernised in the mid-1980s, the home retains its sunlit charm highlighted by original Tasmanian Oak timber floorboards beneath existing coverings and an open plan layout that enhances the feeling of space. Architectural modifications, including open shelving and the removal of walls, have created a flowing interior that maximises natural light and the stunning garden and river outlook.

The galley-style kitchen, incorporating generous bench and storage space plus a breakfast bar, is designed for casual living while appreciating the views. Flexibility is evident with three bedrooms, two of which benefit from inviting vistas either over the garden and Mount Direction or directly to the river and mountains, with one opening onto the wraparound timber deck – a perfect setting for morning coffee, alfresco entertaining, or unwinding with evening wine while observing native birdlife and occasional dolphins and seals.

Additional versatility is provided by a separate studio and workshop with an adjoining carport, originally a weekender now transformed into a creative ceramic studio space with inspiring views over the lagoon, alongside a functional workshop area ideal for various projects.

The extensive gardens offer numerous lifestyle enhancements: established paths connect the home to the surroundings, a fully fenced vegetable garden and greenhouse support a productive and sustainable way of living, suitable for permaculture development or floral landscaping. Proximity to the foreshore enables easy water access and regular observation of nesting black swans and other birdlife.

This absolute waterfront property in a coveted Hobart location is a compelling blend of privacy, natural beauty, and adaptable living environments, ideal for those seeking a genuine lifestyle retreat with expansive outdoor and creative spaces. It suits purchasers desiring a tranquil home with close connection to nature, while remaining within easy reach of urban conveniences approximately 12 kilometres from Hobart’s CBD.

Local Market Insights

In Otago, Quiet Listings observed 5 new houses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $1,094,000. The property type mix of listed properties is predominantly Houses at 45%, followed by land (36%), and units (18%). The most active agency for houses in the Otago area is currently Petrusma Property – Sandy Bay, representing 40% of new listings, followed by Ripplere with 40%. 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.