OFF MARKET

24 Crest Road
Research VIC 3095

Bedrooms: 11
Bathrooms: 3
Car spaces: 6
Floor area: 700m2
Land area: 4469m2
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Property Details for 24 Crest Rd, Research

24 Crest Rd, Research is a 11 bedroom, 3 bathroom House with 6 parking spaces and was built in 1985. The property has a land size of 4469m2 and floor size of 700m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1985
Floor Size
700m2
Land Size
4469m2
Local Government
Nillumbik
Lot/Plan
10/LP28632

Last Listing description (March 2017)

This wondrous and magical hideaway is a unique and bespoke property that is located within easy walking distance to Research Shopping Village, public transport, schools, parks and Eltham College.
A breathtaking garden sanctuary surrounds the Castle's Keep whilst a hydrotherapy spa pool at the front of the residence assists in providing a romantic, yet practical version
of a medieval moat. The turrets stand as silent sentinels in formation with the battlements and have been entrusted with the responsibility of ensuring this peaceful haven retains its harmonious tranquility. At the rear of the residence, an ornamental lake provides the perfect backdrop for the passing of Excalibur by the Lady of the Lake to the future king of this most magnificent castle and domain.

This inspiring property was crafted with a dream, a clear sense of vision and a passion
to ultimately transform virgin bush land into an iconic family retreat with commercial possibilities. The current owners and caretakers dedicated themselves to the completion and fulfillment of this beautiful property and have thus ensured the Castle will endure
for generations to come.
The Castle is a respite set on a 4,392 m2 (approx.) allotment of peaceful gardens that includes a contemplative Zen pocket, a fern fringed ornamental lake with an overhanging English willow and a generous grass lawn sitting area, dry creek bed, formed walking tracks and a sky walk that overlooks this entire natural canvas that would have inspired Monet.
The double door entry, adjacent to a stunning water feature with garden surround, opens to a vast TV/sitting and rumpus/games room under a vaulted glass ceiling. The versatility of the residence becomes immediately apparent as with seamless transition this area provides access to a bedroom wing, a formal lounge living and dining area that has been graced with a brick and timber wet bar and an outdoor terrace that overlooks the tree lined canopy of the rear garden.
The formal lounge and dining area adjoins the kitchen, a bedroom with full-ensuite
and 2 home offices. The spiral staircases to each of the 4 turrets provide 3 rooms that could be utilized as bedrooms, studies or retreats while the 4th is the bridal suite.
Well suited to the large, growing or extended family, the home encompasses 8 bedrooms with full-ensuite facilities of which one is known as the bridal suite with its own private sitting room and balcony/viewing platform, three have supporting sitting rooms and one offers an independent self-contained apartment. The residence offers a perfect balance between open living combined with private bedroom and living accommodation. Family members can feel totally at peace with an abundance of independent living environments, yet entertain on multiple levels when the occasion arises.
A stately family living room at the rear of the residence allows for the possibility of an array of uses not withstanding a banquet hall, conference room, common meeting room or music room to identify just a few. This area opens to a tree top balcony and also provides access to the rear outdoor terrace.
A commercial kitchen with granite, laminate and island benches is supported with substantial timber cupboard storage space and ample food preparation/work bench facility. The kitchen is also serviced with stainless steel appliances that includes
a 6 burner gas stove and rangehood, dishwasher, 2 double pantries, room for
2 fridge/freezers and separate cool room store at the rear.
Cleverly integrated under the main building is an open self-contained studio/apartment that would comfortably allow for extended family accommodation, or a supplementary income stream. This area also supports undercover parking for up to 6 vehicles whilst
a massive storage room/workshop is located at the ground level of the 2nd wing to the main building. A fully fenced and heated hydrotherapy spa pool completes this wonderful masterpiece. This with a second alfresco zone is set at the front of the residence in a peaceful and private garden precinct allowing for additional options in relaxed outdoor entertaining with friends. Extra off-street parking is available directly opposite the front entrance area.
As an inspiring property, the Castle delivers multiple options for different needs.
This totally unique holding is well suited to large and extended families seeking a lifestyle like no other. The property provides for the rare possibility where business and pleasure could quite easily be combined without one interfering on the other.
Overall, this most amazing property is represented at a cost that reflects true value.
This is especially true when one considers its replacement value and the time it would take to recreate what was once, just a dream.

Property History for 24 Crest Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$1,680,000
01 Sep 2016
  • 01 Sep 2016
    Sold for $1,680,000
  • 20 Sep 2012
    Listed for Sale Not Disclosed
  • 20 May 2000
    Sold for $480,000
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About Research 3095

The size of Research is approximately 8.9 square kilometres. It has 11 parks covering nearly 5.5% of total area. The population of Research in 2011 was 2,636 people. By 2016 the population was 2,640 showing a population growth of 0.2% in the area during that time. The predominant age group in Research is 50-59 years. Households in Research are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Research work in a professional occupation. In 2011, 90.2% of the homes in Research were owner-occupied compared with 89.6% in 2016.

Research has 1,147 properties. Over the last 5 years, Houses in Research have seen a 34.35% increase in median value, while Units have seen a 20.45% increase. As at 31 October 2024:

  • The median value for Houses in Research is $1,445,441 while the median value for Units is $876,430.
  • Houses have a median rent of $563 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and no properties listed for rent in Research on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Research.

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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.