8 Restdown Drive, Otago, TAS 7017 | Property Value & History | OnTheHouse
OFF MARKET

8 Restdown Drive
Otago TAS 7017

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 282m2
Land area: 12007m2
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Property Details for 8 Restdown Dr, Otago

8 Restdown Dr, Otago is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 12007m2 and floor size of 282m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1976
Floor Size
282m2
Land Size
12007m2
Local Government
Clarence
Lot/Plan
2/121633

Last Listing description (April 2026)

Welcome to Alhambra, an extraordinary lifestyle residence where timeless character, grand proportions and breath-taking surrounds combine to create one of Otagos most compelling family estates.Positioned privately on approximately 1.2HA, this remarkable Spanish Mission inspired home is embraced by established gardens, manicured lawns, peaceful courtyards, solar assisted living and captivating water views. From the moment you arrive, Alhambra offers a rare sense of elegance, tranquillity and occasion.A grand entrance hall sets the tone, opening to thoughtfully designed accommodation wings that provide both connection and privacy for the modern family.The impressive parents retreat is a sanctuary of its own, complete with a private sitting room, generous walk-in robe, ensuite, and direct access to an outdoor terrace overlooking the water the perfect setting for warm summer evenings.A separate family wing offers 2 more bedrooms and an updated bathroom, ideal for children or guests.At the heart of the home, expansive living spaces cater effortlessly to both everyday comfort and large-scale entertaining. Formal lounge and dining rooms are complemented by informal dining, a large study, an entertainers kitchen, and practical laundry facilities.Step outside to the stunning covered loggia, where dining and entertaining are elevated by a tranquil pond and serene water views, creating an atmosphere rarely found in residential property.Adding further flexibility is a fully self-contained one-bedroom guest residence, featuring its own lounge, kitchen, bathroom and private courtyard perfect for extended family, visitors, independent living or guest accommodation of which it has been utilised for.For those who love recreation and lifestyle, the estate includes a full-size tennis court positioned beside the home, where matches are played against a spectacular water-view backdrop.The grounds are equally impressive, with winding garden paths, rose gardens, herb courtyards and abundant space for vegetable gardens, orchards or chicken runs for those seeking a more sustainable way of living.Vehicle accommodation is extensive, with a double garage and ample off-street parking for multiple vehicles undercover and protected storage at the boundary for boats, trailers or caravans.Reverse cycle heat pumps and fully insulated ceilings throughout the home and guest house.Despite its peaceful seclusion, Alhambra remains exceptionally convenient located less than 15 minutes to Hobart CBD and approximately 10 minutes to Hobart Airport.Alhambra is more than a home it is a private estate, a family sanctuary, and a lifestyle opportunity of rare distinction.__________________________________________________________________________Disclaimer: This information has been compiled & is not intended to be treated as a warranty or promise as to the correctness of the information. All parties should undertake independent enquiries & investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within & does not intend it to be legally binding. All other responsibilities disclaimed.Information contained herein on specific properties has been provided by the vendor, the authorities, or 3rd party providers. It is subject to the final contract & interested parties must make their own enquiries to ensure accuracy of the information.

Property History for 8 Restdown Dr, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$800,000
28 Oct 2015
  • 27 Apr 2026
    Listed for Sale Expressions of Interest
  • 28 Oct 2015
    Sold for $800,000
  • 03 Dec 2013
    Listed for Sale $975,000
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About Otago 7017

The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2016 was 554 people. By 2021 the population was 596 showing a population growth of 7.6% in the area during that time. The predominant age group in Otago is 60-69 years. Households in Otago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otago work in a professional occupation.In 2021, 89.30% of the homes in Otago were owner-occupied compared with 92.50% in 2016.

Otago has 270 properties. Over the last 5 years, Houses in Otago have seen a 46.71% increase in median value. As at 31 March 2026:

  • The median value for Houses in Otago is $903,381 while the median value for Units is $604,936.
There are currently 3 properties listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Otago.

Suburb Insights for Otago 7017

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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.