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Off Market

40577 Tasman Hwy

St Leonards TAS 7250

5
3
4
290 m²
11.6 ha.
House
Last sold for $1,500,000
Lochie ReidLochie Reid, last sold this property on 03 May 2026 after 502 days on market.

Overview

Award winning lifestyle property on almost thirty-acres

Perched atop Launceston on almost thirty acres of undulating land, CULTOWA, designed by renowned architect Robert Morris Nunn, is a postmodern masterpiece grounded in its environment and composed of the materials that define its era: brick, glass, timber and stone. The home positions its occupants and their guests to take full advantage of sweeping valley vistas, while its distinctive architectural character offers a rare opportunity for those seeking a property of scale, presence and versatility. Winner of House of the Year in 1988, the residence remains one of Launceston's most admired homes. Its design and configuration lend themselves not only to a remarkable private residence but also to a potential mixed-use retreat, boutique accommodation, or events venue, an ideal setting for weddings, corporate functions, or creative workshops, subject to council approval. The home features two large living areas, offering flexibility for families and guests alike. A private sitting room, formal lounge, or potential fifth bedroom provides options for various uses, while the lower-level formal living space impresses with its exposed timber ceiling, open stone fireplace and panoramic views stretching to Evandale. At the heart of the home, the kitchen and dining areas form the social hub, connecting effortlessly to the surrounding wings. The eastern wing hosts the master suite, set privately with serene garden aspects, alongside two additional bedrooms, two bathrooms, a study and separate laundry. A secondary wing, linked by a split level and glass atrium, reveals the fourth and fifth bedrooms, one with ensuite. This wing also leads to the ten-metre inground pool, hot tub and steam room, where breathtaking city views can be enjoyed. Adjoining the pool atrium, a private courtyard shaded by established trees provides a tranquil outdoor entertaining space. Beyond, a rotunda overlooks the full-sized tennis court and valley below, the perfect setting for intimate events or leisurely afternoons. The surrounding twenty-eight acres feature rolling hills, established trees, and open lawns, ensuring privacy without sacrificing the property's commanding outlook. Held by the same family for over three decades, CULTOWA represents a once-in-a-generation opportunity to secure one of Launceston's most unique and versatile estates. Less than fifteen minutes drive to the center of the Launceston city and a few minutes drive to the Newstead shopping precinct, this home is the private architectural lifestyle property that you never thought you would find this close to the city. 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.

Features

5 bedrooms
3 bathrooms
4 carspaces
4 garage spaces
290 m² floor area
11.6 ha. lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in St Leonards over the last 12 months, the estimated median property value of 40577 Tasman Hwy is $1.3m.

Median value
$1.3m
Estimated value range
$870k - $1.84m
Median days on market
404
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Leonards. 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 40577 Tasman Hwy

2026
Sold
$1,500,000
03 May 2026 by Lochie Reid, of Living Here Launceston

Happy sellers in St Leonards

77%
77% of sellers in St Leonards reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in St Leonards over the last 12 months.

Local market activity for 5 bedroom houses in St Leonards

In the last 12 months, 3 five-bedroom houses similar to 40577 Tasman Hwy, have been sold.

This represents a 33% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in St Leonards

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David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (416 reviews)
  •  9 Reviews in St Leonards
  •  18 Sales in St Leonards
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Luke French

Sellers who recommend Luke French have praised them for being clear communication, local expert, great negotiation, honest, dedicated, reliable and friendly

  •   5   (133 reviews)
  •  2 Reviews in St Leonards
  •  1 Sale in St Leonards
View profile
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Kimberley Pease

Kimberley Pease is a recommended agent for St Leonards.  They have collected 2 local reviews across the last 12 months.

  •   4.9   (9 reviews)
  •  2 Reviews in St Leonards
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Lochie Young

Lochie Young is a recommended agent for St Leonards.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (11 reviews)
  •  1 Review in St Leonards
  •  2 Sales in St Leonards
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