Back 1 Elizabeth Crescent
Off Market

1 Elizabeth Crescent

Varsity Lakes QLD 4227

4
2
2
0 m²
House
Last sold for $1,850,000
Mitch HarropMitch Harrop, last sold this property on 10 November 2025 after 13 days on market.

Overview

North Facing - Grand Modern 2017 Waterfront Position!

Proudly presented by Mitch Harrop & Ben Nantes, this expansive two-storey family home captures the essence of modern lakeside living with unapparelled North facing water views. Perfectly positioned on a sought-after corner block on the door step of Lake Orr, this beautifully appointed 2017 built residence combines elegant design, functional living spaces, and an unbeatable location within walking distance to local cafés, schools, and the Varsity Lakes shopping precinct. Step through the high-ceiling entryway into a light-filled open-plan living and dining area that flows seamlessly to the waterfront covered outdoor entertaining space and grassed yard, perfect for gatherings and a haven for furry friends. The well-appointed kitchen is the heart of the home, with a large island bench, quality appliances, a spacious butler's pantry, and ample storage. A downstairs media room and adjoining bedroom provide flexible spaces for family movie nights, guests, or a home office. Upstairs, a second living area or parents' retreat opens to a private balcony overlooking Lake Orr, while the master suite features, a generous walk-in robe, and a contemporary ensuite with double vanity. With ducted air conditioning, a double garage plus off-street parking, and low-maintenance outdoor areas, this home perfectly balances lifestyle, comfort, and convenience. This exceptional location offers the perfect blend of tranquility and convenience. Enjoy leisurely walks along the kilometers of picturesque Lake Orr boardwalks, explore nearby parks and recreational areas, or simply take in the serene water views from almost every room in the home. With an array of cafes, boutique shops, and dining options just a short stroll away, everything you need is within easy reach. Families will also appreciate the proximity to highly regarded schools, while professionals benefit from effortless access to the M1, Robina Town Centre, and the vibrant Gold Coast lifestyle, making this home an ideal base for both work and play. Boasting Property Features: • Prime North facing position with breathtaking Lake Orr views • 2017 build with 292m² of internal living space, set on two spacious levels with a modern family layout • High-ceilings throughout the home give a sense of space within every room • Open-plan living and dining flowing to outdoor waterfront entertaining and grassed yard • Well-appointed kitchen with large island bench and exclusive butler's pantry • Large downstairs media room and flexible adjoining bedroom • Upstairs second living area opening to balcony with lake views • Master suite with balcony, walk-in robe, and elegant ensuite with double vanity • Zoned ducted air conditioning throughout • Double garage plus additional off-street parking • Grand street appeal set on a low maintenance 393m² waterfront lot Water Rates: Approx. $342 Per Quarter Council Rates: Approx. $1,145 Bi-Annually Rental Appraisal: Approx. $1,400 - $1,550 Location Body Corporate: Approx. $17 per week (Insurances, maintenance and sinking/admin fund for the exclusive area). Boasting Location Features: • Peaceful lakeside setting on the edge of Lake Orr • Stones through to Varsity College Primary and short stroll to Secondary • Walking distance to local grocery stores, gym and cafés • Short drive to top-rated schools and Bond University • Close to Varsity Lakes CBD, Robina Town Centre, and public transport • Surrounded by scenic walking and cycling paths around the Lake • Convenient access to the M1, Varsity Train Station and Gold Coast beaches Why Choose Varsity Lakes? Varsity Lakes is one of the Gold Coast's most sought-after suburbs, offering a perfect blend of lifestyle, convenience, and investment potential. Centered around the scenic Lake Orr, it boasts stunning waterfront homes, walking tracks, and an abundance of parks that create a relaxed, family-friendly environment. The suburb is home to the highly regarded Varsity College, along with close proximity to Bond University, making it ideal for families and investors alike. Residents enjoy easy access to major shopping at Robina Town Centre, local cafés, restaurants, and gyms, while excellent transport links via Varsity Lakes train station and the M1 motorway connect seamlessly to Brisbane and the wider Gold Coast. With strong property growth, high rental demand, and a vibrant community spirit, Varsity Lakes delivers the best of both lifestyle and long-term value. For more information, contact the number 1 Agents in Robina & Varsity Lakes, Mitch Harrop & Ben Nantes today! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Varsity Lakes over the last 12 months, the estimated median property value of 1 Elizabeth Crescent is $1.45m.

Median value
$1.45m
Estimated value range
$920k - $1.86m
Median days on market
27
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Varsity Lakes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Elizabeth Crescent

2025
Sold
$1,850,000
Private Sale/Treaty on 10 Nov 2025 by Mitch Harrop, of Harcourts Property Hub
2018
Sold
Undisclosed
Private Sale/Treaty on 15 Apr 2018 by Brent Winston, of Harcourts Property Hub
2015
Sold
$570,000
Private Sale/Treaty on 06 Jul 2015 by Brent Winston, of Robina Realty

Happy sellers in Varsity Lakes

93%
93% of sellers in Varsity Lakes reported that their sale price either exceeded or met their price expectations.

Varsity Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 95 reviews in Varsity Lakes over the last 12 months.

Local market activity for 4 bedroom houses in Varsity Lakes

In the last 12 months, 59 four-bedroom houses similar to 1 Elizabeth Crescent, have been sold.

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