16 Reservoir Road, Ranelagh, TAS 7109 | House for sale | OnTheHouse
 
FOR SALE
Negotiable Around $1,350,000

16 Reservoir Road
Ranelagh TAS 7109

Bedrooms: 7
Bathrooms: 3
Car spaces: 5
Floor area: 305m2
Land area: 4882m2
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"Rainbows End" - Dual living with stunning views!

Perched high above the Huon River in the highly sought-after suburb of Ranelagh, 16 Reservoir Road offers an exceptional lifestyle opportunity with breathtaking, uninterrupted views across the Huon River and Valley. Set on elevated grounds, this remarkable property presents the rare advantage of two private residences on one stunning site—perfect for multi-generational living, extended family, guest accommodation, or those seeking additional income potential.
The main residence, a spacious four-bedroom, two-bathroom home built in 1997, blends classic Tasmanian architecture with beautifully curated, modern interiors. Surrounded by thoughtfully landscaped gardens featuring sandstone terracing and Tasmanian gold gravel paths, the home enjoys both privacy and a welcoming sense of arrival.
Inside, warm herringbone spotted gum flooring, bespoke finishes, and striking black and rose-gold accents create a sophisticated yet inviting atmosphere. Large windows frame sweeping valley views and flood the living spaces with natural light, making every room feel connected to the stunning landscape beyond.
Designed with both comfort and entertaining in mind, the open-plan kitchen and dining area form the heart of the home—perfect for everyday living or hosting friends and family. Step outside onto the front deck for alfresco dining, or simply relax with a morning coffee while soaking in the panoramic outlook. For the ultimate unwind, a heated spa pool provides a peaceful private retreat. A dedicated study also offers flexibility as a potential fifth bedroom.
The outdoor spaces are equally impressive. Established gardens, raised beds, and a variety of fruit and nut trees support a sustainable lifestyle while adding charm and character. An inviting outdoor entertaining area near the entrance is ideal for gatherings, while a recently constructed double carport and connection to town water and sewer provide modern convenience.
Adding further appeal is the second fully self-contained residence—a charming three-bedroom, one-bathroom cottage set privately on the property. Elevated to capture its own beautiful Huon Valley views, it offers excellent versatility for extended family, guest accommodation, Airbnb hosting, or long-term rental.
From an investment perspective, the opportunities are compelling. The property offers the flexibility to lease both homes or rent the cottage independently, with estimated weekly returns of approximately $700 for the main residence and $420 for the cottage (subject to change).
Located just minutes from local shops, schools, and essential services, this exceptional property delivers the perfect balance of peaceful valley living and everyday convenience in one of the Huon Valley's most desirable communities.
With two homes, spectacular views, flexible living options, and strong investment potential, 16 Reservoir Road is truly a rare offering.
If you've been waiting for a sign to make your move—this is it.
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Property Details for 16 Reservoir Rd, Ranelagh

16 Reservoir Rd, Ranelagh is a 7 bedroom, 3 bathroom House with 5 parking spaces and was built in 1997. The property has a land size of 4882m2 and floor size of 305m2. The place is currently for sale with TPR Property Group.

Building Type
House
Year Built
1997
Floor Size
305m2
Land Size
4882m2
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About Ranelagh 7109

The size of Ranelagh is approximately 32.3 square kilometres. It has 5 parks covering nearly 22.7% of total area. The population of Ranelagh in 2016 was 1268 people. By 2021 the population was 1484 showing a population growth of 17.0% in the area during that time. The predominant age group in Ranelagh is 0-9 years. Households in Ranelagh are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ranelagh work in a professional occupation.In 2021, 82.40% of the homes in Ranelagh were owner-occupied compared with 82.50% in 2016.

Ranelagh has 696 properties. Over the last 5 years, Houses in Ranelagh have seen a 40.29% increase in median value, while Units have seen a 49.09% increase. As at 28 February 2026:

  • The median value for Houses in Ranelagh is $708,492 while the median value for Units is $479,896.
  • Houses have a median rent of $500.
There are currently 5 properties listed for sale, and no properties listed for rent in Ranelagh on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Ranelagh.

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Danielle Daniell
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Rick Daniell
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TPR Property Group
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