FOR SALE
$1,600,000 - $1,700,000

21 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 4
Bathrooms: 5
Car spaces: 2
Floor area: 500m2
Land area: 894m2
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EXQUISITE MOUNTAIN SIDE LUXURY HOME

Welcome to the pinnacle of contemporary living! Perched atop the iconic Valley Lakes mountain side, this architectural marvel epitomises modern elegance, functionality, and engineering excellence. Meticulously designed and constructed, this 500m2 steel frame residence is a testament to impeccable craftsmanship. Every detail, from the foundation to the roof, including commercial grade 2nd story supports and 'Alucobond' exterior cladding, has been carefully considered to ensure low maintenance, longevity, and unparalleled structural integrity, providing you with peace of mind for generations to come.
No expense has been spared in the planning of this remarkable home. The interior showcases a seamless fusion of premium materials and high-end finishes, elevating your living experience to new heights of sophistication.
Awaken to breathtaking North and East facing panoramas each morning and revel in the splendour of majestic sunsets every evening. Floor-to-ceiling double glazed windows bring the beauty of nature directly into your living space, seamlessly integrating the outdoors into your everyday life. The spacious and well-organised purpose-built office, bathed in natural light from the large window, is an inspiring haven for productivity.
As you step into this home, you'll be greeted by a space that effortlessly combines modern luxury with practicality. The open-concept layout creates a seamless flow, making it an inviting space for entertaining guests or enjoying quality time with loved ones. Indulge in the pleasure of a thoughtfully designed kitchen, featuring exquisite stone crafted benchtops, vertical pantry cupboards, a dishwasher, a unique cylinder range hood, double wall oven, and a gas cooktop on an island bench. With soft-close drawers, one-touch cupboards, and clever storage solutions, the kitchen operates with seamless efficiency, promoting a clutter-free and well-organised environment.
The main bedroom is a luxurious and spacious retreat, designed for ultimate comfort and relaxation. Upon entering, you'll be enveloped in a warm and inviting ambiance, enhanced by soft, muted colours and tasteful decor. The centrepiece of the main bedroom is a freestanding elegant bathtub, positioned in the centre for a touch of grandeur. Adjacent to the bathtub, a stunning twin shower alcove, hidden behind a solid tiled mid-height wall, offers both openness and privacy. The twin showers, equipped with rainfall showerheads and handheld showerheads, provide a lavish bathing experience. Privacy is assured with a remote-controlled blind that elegantly covers the large window from floor to ceiling. A spacious walk-in robe, complete with built-in shelves, hanging space, and drawers, accompanies the main bedroom, providing ample storage for clothing, shoes, and accessories. Natural light and airflow are welcomed through a window within the robe.
Stretching 20 meters, the cantilever balcony with a glass balustrade extends from the undercover outdoor area, offering an expansive space for relaxation, entertainment, and panoramic views. Glass doors seamlessly connect the interior of the house to this alfresco area, facilitating a seamless transition between indoor and outdoor spaces. An additional 5th bathroom is conveniently located on this level.
Descending to the lower level, where the interior walls are solid stone from the original building, you'll find three additional bedrooms, each meticulously designed with comfort and convenience in mind. Bedrooms 2 and 3 boast generous proportions and feature their own ensuite bathrooms and walk-in robes. Each ensuite is equipped with a shower, toilet, and vanity. Bedroom 4 is also generously sized, offering built-in robes and access to another bathroom located off the large tiled laundry.
The lower level family entertaining space has been thoughtfully designed to accommodate gatherings and celebrations. The open layout and ample space allow guests to move around freely and interact effortlessly. This area is perfect for hosting friendly competitions with a pool table as the centrepiece, while the bar with a stone bench top ensures that everyone is well taken care of with drinks and snacks. Sliding doors open to the extensive North-facing front yard, creating a perfect teenage retreat.
The versatile spaces throughout the home can adapt to changing needs. The oversized laundry can serve various purposes, such as a home office or a hobby space, with the added convenience of another bathroom. Accessible from the high clearance garage on the lower level, this room offers flexibility and functionality.
With dual street access from Lake Terrace West and Shelley Place, this property offers exceptional convenience and ease of use. Shelley Place provides access to the second-level undercover parking space, offering an alternative parking option for residents who prefer to avoid stairs.
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Property Details for 21 Lake Tce E, Mount Gambier

21 Lake Tce E, Mount Gambier is a 4 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 894m2 and floor size of 500m2. The place is currently for sale with Complete Real Estate.

Building Type
House
Floor Size
500m2
Land Size
894m2

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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016.

Mount Gambier has 13,849 properties. Over the last 5 years, Houses in Mount Gambier have seen a 88.75% increase in median value, while Units have seen a 86.51% increase. As at 31 July 2024:

  • The median value for Houses in Mount Gambier is $443,110 while the median value for Units is $305,888.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 102 properties listed for sale, and 53 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 675 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Kim Cawthorne
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Marika Hart
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Complete Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.