FOR SALE
Best Offer - guidance of $520,000-$540,000

1462 Redbanks Road
American River SA 5221

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 1120m2
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Expansive views over American River, Kangaroo Island. Stunning Island home.

Inspections available during the week beginning the 16th Sept. "Pelicans Retreat" a stunning Island home. 4 bedroom, 2 bathrooms, expansive views over Pelican Lagoon. Turnkey Island retreat. Best Offer with broad offer guidance of $520,000 - $540,000.
Home is set on 1120 m2 (approx.), built in 1990 with 4 bedrooms, 2 bathrooms, master bedroom with WIR and large ensuite. Open plan kitchen, dining and living with expansive views over the lagoon. Floating timber floors throughout. Wonderful decks front and back of the property. Sitting on the front deck taking in the views is simply special.
Large 3 bay garage with cement floor and power. 100,000 l of rainwater storage. Mains water connection in place. Fully fenced rear garden. Excellent cross flow ventilation throughout the home.
This is an established property with panoramic views to the lagoon and surrounding rolling hills and countryside.
This property has all the right attributes anyone could want for a superb holiday home, holiday rental or a permanent residence. Pelican's Retreat is in great condition with numerous recent up-grades and will have significant appeal to anyone wanting to enjoy a home that is “turn-key”, surrounded by nature, space, views and all that Kangaroo Island has to offer.
Additionally, the neighboring block is also available (1120 m2), 1464 Redbank’s Road, 1120 m2. A combined land area of 2220m2 is on offer. Land only is available at Best Offers around $135,000. Power and water available on the boundary.
Peace, views and tranquillity, yet only a 1 min drive to American River town ship, Deck Café, KI Lodge (Reflections Restaurant and KI Bar & Lounge), Samphire Restaurant (degustation) and Oyster Shop and just 30 minutes to Penneshaw or Kingscote.
Please note that the properties are subject to a Council Order for repair of the retaining wall at the bottom of the property. The process is under way and the properties will be sold with all repairs certified by the Council appointed engineer.
Recent, maintenance and improvements;
1. Solar system 6.6kW, 4 years old approx.
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Property Details for 1462 Redbanks Rd, American River

1462 Redbanks Rd, American River is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1120m2. The place is currently for sale with Inwood Real Estate.

Building Type
House
Land Size
1120m2

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About American River 5221

The size of American River is approximately 3.7 square kilometres. It has 10 parks covering nearly 13% of total area. The population of American River in 2011 was 215 people. By 2016 the population was 247 showing a population growth of 14.9% in the area during that time. The predominant age group in American River is 60-69 years. Households in American River are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in American River work in a managers occupation. In 2011, 68.5% of the homes in American River were owner-occupied compared with 76.6% in 2016.

American River has 641 properties. Over the last 5 years, Houses in American River have seen a 104.53% increase in median value, while Units have seen a 5.04% increase. As at 30 September 2024:

  • The median value for Houses in American River is $458,183 while the median value for Units is $351,285.
  • Houses have a median rent of $193.
There are currently 14 properties listed for sale, and no properties listed for rent in American river on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in American river.

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Richard Inwood
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