Coastal income, family shack, holiday retreat. This property works three ways

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17 Gannet Crescent, Marion Bay SA 5575

$819,000

Search Band Search Visibility Band

$800k - $880k High Confidence Calculated based on strong search observations.

House 4 Beds 2 Baths 4 Cars 800 m² 236 m²

Listed: 25 days ago

Updated: 8 days ago

Overview

This well-maintained house at Marion Bay serves a versatile role as a coastal investment, a cherished family retreat, and a holiday getaway. Its hands-free income generation, managed and maintained by Reef Encounters since 2010, provides stable and growing revenue, appealing especially to buyers looking for a low-maintenance coastal asset.

Situated on an 800m² block with approximately 236sqm of living space across two levels, the home is generously proportioned to accommodate larger families or groups comfortably. The flexible floorplan includes four bedrooms with potential to convert spaces for additional sleeping or recreational uses, complemented by two thoughtfully designed bathrooms featuring modern amenities such as oversized double and rainfall showers.

The fully renovated kitchen with brand-new appliances forms the heart of the living area, ideal for entertaining or family gatherings. Indoor and outdoor living flow seamlessly through the refreshed undercover entertaining area leading to a private fire-pit beneath a mature gum tree, enriching the home’s lifestyle quality.

Practical features support coastal living with a 50sqm double garage suitable for boats, a powered and concreted shed for vehicles and equipment, and sustainable utilities including solar power, solar hot water, and substantial rainwater storage. Climate control is afforded by ducted reverse-cycle air conditioning upstairs and a split system downstairs, ensuring comfort year-round.

Conveniently located within walking distance to the beach, shops, and township, and minutes from Dhilba Guuranda-Innes National Park, the property offers easy access to surf and fishing destinations. This combination of lifestyle appeal and investment reliability make the property suitable for families, investors, and those seeking a coastal holiday home with income potential.

Local Market Insights

In Marion Bay, Quiet Listings observed 5 new houses entering the market over the last 30 days, unchanged from 5 in the prior period, with an average advertised asking price of $659,000. The property type mix of listed properties is predominantly Houses at 86%, followed by land (14%). The most active agency for houses in the Marion Bay area is currently Ray White, representing 80% of new listings, followed by Elders Real Estate with 20%. 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.