5722 Observation Cres, Hope Island is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1988. The property has a land size of 2021m2 and floor size of 456m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
This absolutely immaculate property is located in one of Sanctuary Cove's most sought after positions. Proudly situated on a massive 2,021m elevated allotment within Observation Crescent, this home exudes space, style and sophistication and offers a tranquil and peaceful lifestyle.
Entering the property buyers are greeted with a real sense of luxury. With an exceptional 6 star chefs kitchen the centrepiece of the home, entertainers and home cooks will be delighted at the space and functionality available, making entertaining guests or hosting large family gatherings a breeze.
On the same level as the kitchen there are two formal living areas as well as formal dining, alfresco and a private gymnasium. There is one large en-suited guest bedroom downstairs with the remaining three on the upper level. The home also comes fully equipped with a soundproof home cinema, taking the burden out of self-isolating at home or keeping the whole family entertained.
A sparkling in-ground swimming pool and beautifully landscaped grounds overlooks the full size tennis court, that gives this spacious home a wonderful resort style feel.
Fantastic street appeal, a prime position and a beautifully presented home make this an opportunity not to be missed.
This home is centrally located with access to the resort's lifestyle facilities, including two championship golf courses, The Marine Village, over 300 berth marina, The Rec Club, private Country Club and five-star Intercontinental Hotel.
* Grand, Hamptons inspired design
* Open plan living, indoor & outdoor entertaining options
* In-ground swimming pool with alfresco entertaining
* Private championship tennis court
* Large 2,021m elevated allotment
* Formal and informal living options
* Study plus fully equipped media/home cinema
* Beautiful landscaped gardens
* Located within walking distance to The Marine Village
The size of Hope Island is approximately 14.2 square kilometres. It has 15 parks covering nearly 21.5% of total area. The population of Hope Island in 2011 was 8,481 people. By 2016 the population was 11,203 showing a population growth of 32.1% in the area during that time. The predominant age group in Hope Island is 60-69 years. Households in Hope Island are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hope Island work in a managers occupation. In 2011, 64.6% of the homes in Hope Island were owner-occupied compared with 67.5% in 2016.
Hope Island has 8,825 properties. Over the last 5 years, Houses in Hope Island have seen a 94.18% increase in median value, while Units have seen a 75.68% increase. As at 31 October 2024:
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