38 Riverslea Dr, Margaret River is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 630m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Margaret River in the last 12 months.
Set on a prime 630sqm corner block with a prominent elevated frontage overlooking tranquil bushland, this stunning home combines timeless character with modern functionality. A decked entrance verandah welcomes you via timber stairs, with double timber-framed frosted glass doors opening to a light-filled interior.As you enter the open-plan living area, the bushland backdrop sets a peaceful scene. The heart of the home boasts beautiful timber floors, a pitched ceiling accented by raw timber beams, and a Jarrahdale slow-combustion fireplace with tiled hearth, creating warmth and charm. Reverse-cycle air conditioning ensures year-round comfort. Two sets of cafe-style doors open from the living area onto a spacious, secluded decked verandah, where uninterrupted views of the bushland reserve create a serene natural escape.Back inside, the generous kitchen boasts Caesarstone benchtops, soft-close long-line drawers and cupboards, a large island bench with double sink, and breakfast bar with feature pendant lights make entertaining a delight. Culinary enthusiasts will love the new Westinghouse freestanding 900mm oven and stovetop, and integrated Bosch dishwasher. Pantry, a clever appliance cupboard with roller door, integrated bin drawer, and generous storage solutions ensure everyday living is effortless. The living area flows seamlessly to an adjoining theatre room separated by a sliding door.The master suite is striking, with timber floors, a luxurious ensuite featuring black tiles, his-and-hers shower heads and basins, ornate timber vanity, separate bath and WC, plus a walk-in wardrobe with heated towel rail. Double timber doors adjoin the master suite to a second decked balcony. Bedrooms 2, 3, and 4 offer carpet and built-in robes, serviced by a stylish main bathroom with frameless shower screen, gooseneck shower head, bath, and finishes to match the ensuite, alongside a separate powder room.Practicality shines with a well-appointed laundry featuring trough, under-bench recess for washing machine, generous linen storage, and direct access to the washing line area. Outside, the home's weatherboard and iron cladding complement the gardens filled with an array of greenery including succulents, frangipani, a king protea, grass trees, mulberry trees, and ornamental plum trees. Parking and storage are exceptional with a double garage and a huge workshop under the house - perfect for tinkering, for an art or music studio or extra storage. A large gate provides access to store a small boat, pop-up caravan and any other large toys.A rare opportunity in a sought-after location with easy access to a number of beautiful walking trails and the river for swimming or canoeing - be quick!
The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.
Margaret River has 6,042 properties. Over the last 5 years, Houses in Margaret River have seen a 117.58% increase in median value, while Units have seen a 121.92% increase. As at 30 April 2026:
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