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ELEVATED ELEGANCE WITH BUSHLAND VIEWS
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 café-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!
Property features
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Air conditioned
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Garages
2
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Patio
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Games
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Verandah
Property snapshot by reiwa.com
This property at 38 Riverslea Drive, Margaret River is a four bedroom, two bathroom house sold by Barry Granville at Margaret River Real Estate First National on 27 Feb 2026.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $3,294 / year
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Water rates: $1,603 / 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
$1.2m
Median
$973k
Low end
$865k
17.2 %
Annual growth
$973k
Annual median sales price
$780pw
Annual median rental price
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