Back 3 Lothian Place
Off Market

3 Lothian Place

Riverside TAS 7250

4
3
20
10.6 ac.
House
Last sold for $2,000,000
George BushbyGeorge Bushby, last sold this property on 30 September 2025 after 36 days on market.

Overview

Expansive Riverside Estate set on over 10 acres

Set on over 10 acres at the gateway to the Tamar Valley wine route, this exceptional lifestyle property in Riverside delivers the perfect fusion of rural serenity, family comfort, and unparalleled recreational amenity, within just 10 minutes from the heart of Launceston. Perfectly positioned to capture spectacular views of the valley, mountains and Tamar River, this immaculately maintained double brick residence offers expansive living across two sun-drenched levels. At the heart of the home, the kitchen forms a central hub, fully equipped with black granite countertops, abundant storage within quality timber cabinetry, and premium appliances. The kitchen flows to both informal and formal dining areas, a sunroom flooded with natural light, and a cosy sunken lounge with wood heating that looks out onto the expansive courtyard. Four generous bedrooms are split across both floors, each with walk-in wardrobes, and the master bedroom extra large in size, on the ground-level includes a stylish en-suite. The upstairs bedrooms also feature built-in desks and excellent storage, ideal for growing families. Purpose-built for hosting, the aquatic centre is truly unique, featuring an enclosed in-ground heated salt water pool, wood-fired pizza oven and walk in prep-room complete with with a cool room, plus a shower and toilet. Adjacent, a dedicated games room with bar and wine cellar completes the ultimate entertainment offering. The main bathroom features a bath, shower, and a vanity, with a separate toilet adjacent. The large laundry contains plenty of space for everyday essentials, and extensive additional storage enhances functionality throughout. There is also comfortable office space with in-built desk space, perfect for those who work from home. Outside, the opportunities are endless. The land includes numerous fenced paddocks with water ideal for livestock, a chicken shed, two greenhouses and a private vineyard, perfect for hobbyists or serious growers. Substantial infrastructure includes a double garage with internal access, a single carport and a generous 6-bay garage and workshop with extra-height roller doors, offering secure storage for machinery, tools, or multiple vehicles. The property also includes a separate outbuilding providing endless potential (STCA). Ideal for those seeking a peaceful country retreat, a base for agricultural ventures, or a space to entertain on a grand scale, this remarkable Riverside property offers an enviable escape from the everyday to embrace a serene environment without compromising on convenience. *Proposed planning permit approved for 2 lots (8000m2+)

Features

4 bedrooms
3 bathrooms
20 carspaces
2 carport spaces
8 open car spaces
10 garage spaces
10.6 ac. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Riverside over the last 12 months, the estimated median property value of 3 Lothian Place is $742.5k.

Median value
$742.5k
Estimated value range
$546.5k - $2m
Median days on market
38
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Riverside. 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 3 Lothian Place

2025
Rented
Undisclosed
Leased on 18 Dec 2025 by This Space Real Estate
2025
Sold
$2,000,000
30 Sep 2025 by George Bushby, of Bushby Creese
2021
Sold
Undisclosed
05 Aug 2021 by Jess Christmas, of Roberts Real Estate Launceston

Happy sellers in Riverside

91%
91% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 55 reviews in Riverside over the last 12 months.

Local market activity for 4 bedroom houses in Riverside

In the last 12 months, 41 four-bedroom houses similar to 3 Lothian Place, have been sold.

This represents a 23% increase in four-bedroom houses sales when compared to the previous 12 months.

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