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PRESTIGIOUS BASILDENE ESTATE
Nestled in the peaceful and prestigious Basildene Estate, this property offers the perfect balance of tranquility and convenience. Located between the town site of Margaret River and the pristine beaches of Prevelly, this home offers an idyllic lifestyle. With the added benefit of a separate two-bedroom studio at the rear, currently rented out for $500 per week including bills, the property offers excellent potential for extra income or a private retreat.
Constructed from Western Red Cedar weatherboard and zinc, this charming home features three bedrooms and one bathroom, with an upstairs loft area currently serving as an office. The home’s design takes full advantage of its natural surroundings with high raked ceilings, bush poles, and large windows on all sides, allowing for an abundance of natural light and stunning views of the surrounding bushland.
As you enter the property via a sealed hot mix circular driveway, you are greeted by a beautifully established native garden and a quaint cottage-like home with loads of character. The home’s front portico verandah invites you into the main living area, where you’ll find an open-plan kitchen, dining, and living space, all offering elevated views to the backyard. The floors in the main living area are tiled, and feature bush poles, raked ceilings, and a slow wood combustion heater for added warmth and character.
The kitchen is well-equipped with a freestanding electric oven, a four-burner electric cooktop, built-in pantry, and dishwasher. To the west of the main living area are two minor bedrooms, each with carpets, skirting boards, window treatments, though without built-in robes. The master bedroom is located on the opposite side of the home and includes built-in robes, carpets, and window treatments.
The main bathroom includes a large deep bath, shower, vanity, and trough with direct access to the enclosed patio area, while the separate WC provides convenience. Upstairs, the loft area features raked ceilings, a ceiling fan, a timber balustrade, and reverse cycle air conditioning. The main house is equipped with a Bosch heat pump hot water system for efficient energy use.
Studio/Ancillary Accommodation:
The separate studio is located at the rear of the block, with side access via an electric gate and hot mix driveway. Constructed from Colourbond and nicely tucked away with wood fencing, the studio is a private and self-contained space.
Recently renovated, the studio includes a spacious modern kitchen with vinyl flooring throughout. The living area is equipped with reverse cycle air conditioning for year-round comfort. The large bathroom includes a generous shower, vanity, and WC. The main bedroom has ample storage space and window treatments, while the second bedroom includes built-in robes and could easily function as a bedroom or office space. The studio is also fully insulated and benefits from an instant gas hot water system.
The studio is powered by a 24-panel solar system, which provides solar power to the entire property, offering significant savings on energy costs.
Property Features:
*Two sea containers for additional storage
*Two rainwater tanks for water conservation
*Enclosed patio area with additional storage
*Chook pen for those interested in sustainable living
*Fruit Trees
*Reticulated back lawn
*Garden Shed
*Electric side gate and hot mix driveway with edging
*24 Solar Panels
This property offers a fantastic opportunity for those seeking a peaceful and private lifestyle with potential for rental income. It combines charming character with modern upgrades, making it a rare find in the highly desirable Basildene Estate.
Property features
Property snapshot by reiwa.com
This property at 44 Karri Loop, Margaret River is a five bedroom, two bathroom house sold by Megan Booth at Margaret River Real Estate First National on 25 Nov 2024.
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: $3,929 / year
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Water rates: $1,938 / 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
$905k
Median
$750k
Low end
$670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
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