1 Montego Court, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

1 Montego Court
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 354m2
Land area: 834m2
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Property Details for 1 Montego Ct, Mermaid Waters

1 Montego Ct, Mermaid Waters is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 834m2 and floor size of 354m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1985
Floor Size
354m2
Land Size
834m2
Local Government
Gold Coast City
Lot/Plan
371/RP221420

Last Listing description (February 2026)

Opportunities like this are rare in the tightly held Paradise Quays Estate. This grand Hamptons-inspired residence delivers exceptional luxury and effortless coastal living in one of the area's most coveted enclaves. With beaches, parklands, and vibrant lifestyle precincts just moments away, this is a home where location and lifestyle align perfectly - and one that won't remain available for long.From the striking facade to the beautifully landscaped grounds, the home makes an unforgettable first impression. Inside, soaring ceilings, abundant natural light, and a refined coastal palette create an inviting atmosphere designed for both relaxation and entertaining. The expansive double-level floorplan boasts multiple living zones, including a spacious family room, elegant dining area, and an oversized media room-each finished to the highest standard.At the heart of the home, the gourmet kitchen exudes style and functionality with shaker cabinetry, Velux skylights, premium appliances, and a stone island with waterfall edges. Flowing seamlessly outdoors, the alfresco area features a cosy fire pit and a generous level backyard, perfect for year-round enjoyment. The resort-style pool, complete with a tranquil waterfall feature, provides a private tropical retreat.Offering five bedrooms and three bathrooms, the home comfortably accommodates large or growing families. The upper level hosts the luxurious master suite, complete with a private balcony, walk-in robe, and a beautifully appointed ensuite with floor-to-ceiling tiles.Additional highlights include a spacious laundry with drying court, dedicated study nook, ducted air-conditioning, solar power, quality window furnishings, CCTV, air-touch security system, and ample storage throughout. A double remote garage, remote gated entry, and extensive driveway space provide secure parking for multiple vehicles, including a boat or caravan. The fully fenced yard ensures privacy and peace of mind for families with children.- Expansive 834m corner block in the prestigious Paradise Quays Estate- Elegant Hamptons-inspired design with premium finishes throughout- Spacious double-level layout with soaring ceilings and coastal styling- Multiple living areas including lounge, dining, family room, and large media room- Gourmet kitchen with shaker cabinetry, Velux skylights, premium appliances, and stone island - Alfresco entertaining area, fire pit zone, and generous level backyard- Resort-style pool with waterfall feature and dedicated lounging space- Five built-in bedrooms, including a luxurious master suite with balcony, walk-in robe, and ensuite- Two additional high-quality bathroom- Study nook, ample storage, and large laundry with outdoor drying court- Ducted air-conditioning, solar electricity, CCTV, and air-touch security system- Fully fenced, private yard ideal for children- Double remote garage plus gated driveway with room for a boat, caravan, or multiple vehicles- Prime location just 3km from the beach and close to schools, shopping, dining, and parklands- Secure your inspection before this opportunity passes.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 1 Montego Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,500,000
26 Aug 2024
  • 08 Jan 2026
    Listed for Sale Interest Above $2,495,000
  • 27 Mar 2025
    Listed for Sale Price Guide $2,600,000 - $2,700,000
  • 26 Aug 2024
    Sold for $2,500,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.

Mermaid Waters has 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.