OFF MARKET

5726 Observation Crescent
Hope Island QLD 4212

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 619m2
Land area: 1948m2
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Property Details for 5726 Observation Cres, Hope Island

5726 Observation Cres, Hope Island is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1988. The property has a land size of 1948m2 and floor size of 619m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1988
Floor Size
619m2
Land Size
1948m2
Local Government
Gold Coast City
Lot/Plan
23/GTP1703

Last Listing description (May 2023)

There is a new high standard of supreme opulence in every detail of this stunning American inspired luxury residence of 800sqm (86 squares) on an expansive 1957sqm artfully landscaped allotment. Located in the exclusive securely gated Sanctuary Cove enclave, 5726 Observation Crescent is arguably one of the best locations within the community. Situated on a private corner surrounded by parks on an elevated location, this stunning home is nothing short of spectacular.

From the moment you step through the grand entrance via the double-width door you will relish the multitude of living areas, the separated bedroom zones, the sense of space and gorgeous natural light. To the left there is the internal garage entry, the guest powder room and the first of the junior guest suites with private bathroom. Continue down the hall, past the formal lounge and dining room with stunning fireplace and windows to the pool and green space, to the social focus of the home: The generous yet intimate the open kitchen/living/dining, where everyone can openly engage.

The Miele appointed kitchen with a hidden butlers' pantry and centrally located island bench is perfect for hosting friends and family with a casual dining and cosy family room that flow seamlessly to the pool and alfresco: the epitome of a modern entertainer. Soak up a Palm Springs vibe as you take a dip in the new brilliant blue pool surrounded by statement date palms, covered and open air tiled outdoor lounging spaces, the pool, cabana and alfresco areas take full advantage of the private position and north-easterly aspect.

Take a journey to the next part of this beautiful family home and you will discover the spacious laundry, family bathroom shared by two generous bedrooms, another casual TV room, a study and the new downstairs master suite with walk-in robe and ensuite. This bedroom and living area can be closed off for separate living for elderly parents or live-in help. With easy access to the pool and terraces this sleeping/living section of the home can be adapted for any living arrangement.

Ascend the stairs to the upper level and the sense of space and light becomes immediately apparent. This is where you will find the incredible full floor master suite. Pass the cosy lounge retreat with fireplace the feeling of complete luxury and privacy is obvious as you enter a sumptuous bedroom with stunning bespoke cabinetry, volumes of wardrobe and huge ensuite with imported tiling, freestanding bath and twin vanities. To complete the perfect retreat, step through sliding doors and relax alfresco on a covered and shuttered balcony that overlooks the pool. Think of the most opulent hotel penthouse and all of this is your home, the perfect Sanctuary.

The open and bright spaces paired with soaring ceilings offers the perfect canvas for your personal art collection, whilst the interior finishes express a nod to American coastal design craftsmanship.

The vast size of the block offers beautiful landscaped gardens, twin entry electric gates to ample off street parking, green grassed areas and garaging with easy clean epoxy flooring that will accommodate three vehicles plus golf buggy and storage area.

A testament to the quality of this one-of-a-kind Sanctuary Cove home the detail of the styling of the home with its plantation shutters bespoke joinery, custom draperies and imported light fittings and furnishings is a credit to the fastidious sellers who have decided that the home is now too large for them and are sadly deciding to move on.

Inspections will be private appointment only, please call to arrange a suitable time. Do not miss this exclusive and rarely offered opportunity to secure such a stunning property.

~ 1957sqm elevated block with luxury 800sqm home
~ Multiple living and dining spaces, media lounge and home office
~ Miele appointed kitchen and butlers' pantry
~ New 15m tiled pool, covered alfresco area and poolside cabana
~ Full floor master suite and retreat with luxury ensuite
~ 4 bedrooms, 3 bathrooms plus guest powder room on the ground floor
~ Two gas log fireplaces, bespoke custom joinery, plantation shutters
~ 3 car garage plus storage and golf buggy space
~ Ducted reverse cycle air-conditioning, ceiling fans, solar panels

Situated within the exclusive and gated Sanctuary Cove enclave, residents benefit from prestigious resort style living, 24/7 security and easy access to the world class marina and thriving retail and dining precinct. There are also two championship golf courses and the luxury Intercontinental Resort plus Sanctuary Cove does not require Foreign Investment Review Board approval for international purchasers. Reward yourself with a truly timeless home which delivers unrivalled living and arrange an inspection today.

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information herein, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must satisfy themselves by inspection or otherwise.

Property History for 5726 Observation Cres, Hope Island, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$4,600,000
04 Feb 2023
  • 04 Feb 2023
    Sold for $4,600,000
  • 25 Nov 2022
    Listed for Sale Under Contract
  • 28 Apr 2021
    Listed for Sale Contact Agent
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About Hope Island 4212

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 8,827 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:

  • The median value for Houses in Hope Island is $1,472,272 while the median value for Units is $937,383.
  • Houses have a median rent of $1,150 while Units have a median rent of $800.
There are currently 205 properties listed for sale, and 27 properties listed for rent in Hope island on OnTheHouse. According to CoreLogic's data, 649 properties were sold in the past 12 months in Hope island.

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Disclaimer
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.