57 Derwent Ave, Geilston Bay is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 1381m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Your private sanctuary awaits in this architecturally reimagined mid-century home, a rare gem that combines stunning water and mountain views with modern living. Bathed in natural light, the living areas are spacious and airy, creating a tranquil oasis perfect for relaxation and entertainment.
Inside, the large gourmet kitchen is a culinary enthusiast's dream, featuring a second spacious scullery with ample storage, bench space and an additional fridge and freezer, sink, and double dish-drawers. The open plan layout seamlessly connects the kitchen to a large private deck, accessible via expansive sliding doors. A wonderful space for those who love entertaining, equipped with remote-controlled, rain-sensing Velux awnings and hardwired heaters, ensuring enjoyment in all weather conditions while soaking in full north-facing views.
The home offers multiple living spaces, one with an inviting open fireplace, ideal for cozy winter nights and both taking advantage of the spectacular water and mountain views.
The newly completed apartment wing includes a bedroom, bathroom, kitchenette and living space and can be internally accessed however can also be separated from the main home and externally accessed providing a versatile space for guests, extended family, or rental income.
Surrounding the property are lush gardens, with part of the grounds fenced for pets and potential for further development, subject to council approval.
Convenience and sustainability are paramount in this home, featuring a state-of-the-art security system with CCTV for complete external coverage, controllable from your phone. The property is equipped with solar panels, a ducted air conditioning system, and ample off-street parking for vehicles, boats, or caravans.
A rare find in this picturesque location, we look forward to showing you this stunning home.
Heating: Electric ducted reverse-cycle
Year built: 1963
Council rates: $2,582.00 pa approximately
Water rates: $1,100 pa approximately
Rental estimate: $1000 - $1100 per week
The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2016 was 3050 people. By 2021 the population was 3461 showing a population growth of 13.5% in the area during that time. The predominant age group in Geilston Bay is 30-39 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation.In 2021, 81.50% of the homes in Geilston Bay were owner-occupied compared with 80.70% in 2016.
Geilston Bay has 1,630 properties. Over the last 5 years, Houses in Geilston Bay have seen a 40.99% increase in median value, while Units have seen a 34.28% increase. As at 30 November 2025:
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