Sold
24 Karri Loop, Margaret River WA 6285
Sold price: $1,350,000
Sold: 11 Jun 2021
Sold
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5 Bedrooms
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3 Bathrooms
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2 Cars
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Landsize 5,651m2
House
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Forest Retreat in Margaret River Townsite
An inspiring karri and marri treed entry welcomes you to this architect-designed and craftsman-built bungalow with sweeping verandahs, generous rooms and natural light.
Due to its position, the property enjoys rarely-found extended views across a small farm, the Yalgardup Creek Valley and forest beyond.
Built by a locally-renowned woodworker as his own home, the timber craftsmanship is everywhere one turns - floorboards, window frames and doors, in-built furniture, and the magnificent vaulted ceiling in the main living room.
One section of the home features the wonderful main living, dining and kitchen area that opens on two sides to the verandah. There's a large office/spare bedroom and storeroom and, also opening onto the verandah, is the master bedroom with a large walk-in robe and bathroom. A separate wing features two very generous bedrooms with walk-in robes, bathroom, laundry and large living room with exterior access - as such, this whole section could be locked off from the main area and have its own access for guests.
A covered walkway connects the home to the double auto-door garage. This building features an ancillary dwelling with kitchen/dining, bathroom and bedroom downstairs, and an upstairs lounge. This living space could suit teenagers, possibly be rented out and/or be utilised to house a property manager for absentee-owners.
Set on 1.4 acres, the property is ideally located in arguably the most sought-after street in Margaret River with the nearest restaurant an easy 600m walk away, 1.7km to essential services, and 1.9km to the top of the vibrant Margaret River Main Street.
Inspections to this very private property by appointment only. Please call Clare 0448 023 265 or Sarah 0439 926 836
Property features
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Garages
2
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Toilets
3
Property snapshot by reiwa.com
This property at 24 Karri Loop, Margaret River is a five bedroom, three bathroom house sold by Clare Andrews and Sarah Twine at Ray White Stocker Preston on 11 Jun 2021.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,500 / year
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Water rates: $1,463 / year
Nearby schools
Margaret River overview
The townsite of Margaret River is located in the south west agricultural area, 277 kilometres south southwest of Perth and 48 kilometres south southwest of Busselton. It is located on the Margaret River from which it derives its name. The precise origin of the naming of the river is not known, but it was possibly named by John Bussell in honour of Margaret Wyche, a friend in England who was expected to follow the Bussell's to Australia. The name is first shown on a map of the region published in 1839.
In 1910 the Margaret River Progress Association wrote to the Minister for Lands requesting a townsite be declared at "the Upper Margaret Bridge". The reason given was that "the district is likely to be dotted with public buildings several miles apart in the near future if a townsite is not made available shortly". The District Surveyor who inspected the area preferred an area near the lower bridge on Caves Road, but this land was not available. Lots were surveyed in 1912, and the Townsite of Margaret River gazetted in 1913. In 1918 the name of the townsite was changed to "Margaret", but it was changed back to Margaret River in 1927, due to local usage of the name always being Margaret River.
Margaret River quick stats
High end
$880k
Median
$750k
Low end
$675k
This listing
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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