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Back 386 Cypress Terrace
Off Market

386 Cypress Terrace

Palm Beach QLD 4221

3
1
1
412 m²
House
Last sold for $1,750,000
Rhys WildermothRhys Wildermoth, last sold this property on 04 September 2025 after 112 days on market.

Overview

Blissful Seaside Location with Growth Opportunity

Basking in sea breezes in a favoured beachside community, this endearing home merges seaside cottage charm with the options for growth. Nestled just 300m to the Palm Beach foreshore and central to extensive dining, shopping and schooling, the interior allows you to move in and live or immediately rent out whilst you contemplate fabulous options to build new, renovate or develop. A rejuvenated facade and fenced frontage open into an airy interior with polished timber floors stretching throughout air-conditioned living and dining. The contemporary kitchen delivers white cabinetry, generous benches and a farmhouse sink in a zone that enjoys brilliant natural light. There are three bedrooms with each including ceiling fans and/or air-conditioning. They are serviced by a modern bathroom with floor to ceiling tiling, floating vanity and mirrored storage. Additional features include a separate powder room, spacious laundry and two rear sheds. Soak in the sea breezes outside and take in the opportunities that the flat 412m2 block provides. Sitting in a high growth location and with an easy build landscape, there is terrific opportunity for those seeking the perfect setting to build their dream coastal home or renovate and extend the current residence. In addition, the medium density zoning makes this particularly appealing to development in a prime beachside community. With the sandy shores of Palm Beach just 300m away, coastal pathways wind their way north to Tallebudgera or south to Currumbin whilst there are plenty of local coffee and dining options to try. Further cementing the appeal of this location, schooling, larger shopping precincts and transport corridors are also just minutes away! - 412m2 block - Coastal cottage with move-in interior - Prime location with easy-build landscape perfect for new builds/renovation - Medium density zoning appealing to development options - Open-plan, air-conditioned living and dining on polished timber floors - Modern kitchen with superb storage, stainless appliances and farmhouse sink - Three bedrooms with ceiling fans and/or air-conditioning - Contemporary bathroom including floor to ceiling tiling and mirrored storage - Separate powder room - Large laundry with storage - Two rear sheds - Level yard with secure fencing - Just 300m from the beach and surrounded by shopping, dining and lifestyle precincts - Potential rental return up to $1,000 per week

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
412 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Palm Beach over the last 12 months, the estimated median property value of 386 Cypress Terrace is $1.75m.

Median value
$1.75m
Estimated value range
$1.3m - $3.92m
Median days on market
24
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Palm Beach. 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 386 Cypress Terrace

2025
Sold
$1,750,000
Private Sale/Treaty on 04 Sep 2025 by Rhys Wildermoth, of The Agency Gold Coast

Happy sellers in Palm Beach

87%
87% of sellers in Palm Beach reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 88 reviews in Palm Beach over the last 12 months.

Local market activity for 3 bedroom houses in Palm Beach

In the last 12 months, 65 three-bedroom houses similar to 386 Cypress Terrace, have been sold.

This represents a 14% decrease in three-bedroom houses sales when compared to the previous 12 months.

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