5704 Observation Crescent, Hope Island, QLD 4212 | Property Value & History | OnTheHouse
OFF MARKET

5704 Observation Crescent
Hope Island QLD 4212

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 240m2
Land area: 1211m2
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Property Details for 5704 Observation Cres, Hope Island

5704 Observation Cres, Hope Island is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1211m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
House
Year Built
1990
Floor Size
240m2
Land Size
1211m2
Local Government
Gold Coast City
Lot/Plan
12/GTP1703

Last Listing description (September 2024)

Fabulous opportunity to move straight into this stunning fully renovated home with glorious river views located so close to the Marina Village

Discover unparalleled luxury in this architecturally designed home, set on a 1,211 sqm elevated block. Perfectly crafted for the discerning homeowner, this residence offers an exquisite blend of space, style, and sophistication.

This sprawling property features multiple living and dining spaces, providing an ideal setting for entertaining and family gatherings. The kitchen is a chef's dream, appointed with Miele and Ilve appliances, a Vintec wine fridge, and a large island perfect for culinary creations and family meals. Enjoy the elegance of custom cabinetry throughout the home, complemented by crystalline silica-free stone benchtops, solid brushed brass handles, and custom panelling.

The master suite is a sanctuary of luxury, with water views, a bespoke walk-in robe, and a lavish ensuite. Three additional large bedrooms offer views of the tropical landscaped gardens, and three more beautifully appointed bathrooms provide ample space for family and guests. The home office is designed to accommodate two to three computer stations, making it perfect for remote work or study. A large, well-appointed laundry equipped with a Belfast sink ensures that even daily chores are handled with ease and style.

The main level of the home showcases a dramatic great room with 6.1-metre high ceilings and soaring arches, central to the eco-green electric fireplace. Large bifold timber doors open to a stunning terrace room with idyllic water views, blending indoor and outdoor living seamlessly. The expansive 160 sqm terrace features a water feature and offers brilliant views over the Coomera River. The eastern-facing magnesium pool, delightful cabana, and BBQ area create an outdoor oasis perfect for relaxation and entertainment.

The terrace level continues to impress with a fabulous, curved cocktail bar, complete with a double-door fridge, integrated dishwasher, microwave, and brushed brass sink. For the wine connoisseur, an 800-bottle wine cellar provides the perfect environment for storing and showcasing your collection. A large lounge, and pool room add to the luxurious amenities on this level, ensuring comfort and convenience for all your guests.

Additional features of this magnificent home include Air-touch reverse cycle ducted air-conditioning, three further reverse cycle air conditioning units, ceiling fans, and prestige white oak engineered flooring. The property also boasts cutting-edge new German 16Kw solar panels, an automated sprinkler system, and Zip blinds on the main level terrace. A two-car and golf buggy garage provide ample parking and storage space.

This home is a rare find, offering a unique blend of luxury, functionality, and breathtaking views. Situated in a highly desirable location in Sanctuary Cove, it is just a short walk to village restaurants, cafes, and shops, and directly opposite Observation Park. Schedule a private tour today and step into a world of elegance and sophistication.

Features to love:
~ Luxurious architecturally designed home on a 1,211sqm elevated block
~ Gourmet kitchen with Miele and Ilve appliances, Vintec wine fridge, and large island
~ Master suite with water views, bespoke walk-in robe, and lavish ensuite
~ Home office accommodating two to three computer stations
~ Dramatic great room with 6.1-meter high ceilings and eco-green electric fireplace
~ Stunning terrace room with large bifold timber doors and idyllic water views
~ Expansive 160 sqm terrace with a water feature and views over the Coomera River
~ Eastern-facing magnesium pool, delightful cabana, and BBQ area
~ Curved cocktail bar with double-door fridge, integrated dishwasher and microwave
~ 800-bottle wine cellar for storing and showcasing your collection
~ Airtouch reverse cycle ducted air-conditioning, and ceiling fans
~ Cutting-edge new German 16Kw solar panels
~ Automated sprinkler system and Zip blinds on the main level terrace

Sanctuary Cove is a prestigious Resort style development that raises the bar on the highest possible standards of community living. Pride of ownership is evident in the manicured gardens and parks and there is a prevailing overtone of family safety and security. Sanctuary Cove is a fully integrated gated Resort and does not require Foreign Investment Review Board Approval for International purchasers.

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 instead satisfy themselves by inspection or otherwise. Areas, amounts, measurements, distances and all other numerical information is approximate only.

Property History for 5704 Observation Cres, Hope Island, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$3,650,000
31 Jul 2024
  • 31 Jul 2024
    Sold for $3,650,000
  • 28 Jun 2024
    Listed for Sale Contact Agent
  • 28 Feb 2024
    Listed for Sale $4.25- 4.6 Million
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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 2016 was 11186 people. By 2021 the population was 14522 showing a population growth of 29.8% 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 2021, 70.20% of the homes in Hope Island were owner-occupied compared with 67.50% in 2016.

Hope Island has 9,150 properties. Over the last 5 years, Houses in Hope Island have seen a 89.16% increase in median value, while Units have seen a 80.29% increase. As at 30 November 2025:

  • The median value for Houses in Hope Island is $1,594,378 while the median value for Units is $1,016,090.
  • Houses have a median rent of $1,200 while Units have a median rent of $855.
There are currently 164 properties listed for sale, and 26 properties listed for rent in Hope island on OnTheHouse. According to Cotality's data, 665 properties were sold in the past 12 months in Hope island.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.