Back 46 Lake St
Off Market

46 Lake St

Merimbula NSW 2548

3
3
5
0 sq.
1036 m²
House
Last sold for $1,800,000
Kim PosoKim Poso, last sold this property on 21 May 2025 after 35 days on market.

Overview

Ultimate Long Point Family Home with Income Potential

Online Auction Thursday 29th May 6pm, if not sold prior. • Spacious 4-bedroom home with multiple versatile living zones – perfect for growing families or effortless entertaining • Elevated position showcasing stunning coastal and lake views from almost every room • Fully self-contained two-bedroom studio – ideal for extended family, guest stays, or a lucrative second income • Located in the tightly held Long Point community, just moments from beaches, cafes, and town conveniences A generous family-sized home on a large block - with added second-income potential - is a rare commodity in the sought-after Merimbula locale of Long Point. Positioned on a generous corner block (approx. 1,040m2) in one of Merimbula's most exclusive enclaves, this expansive family residence delivers an exceptional blend of space, flexibility, and breathtaking panoramic views over Bar Beach, Main Beach, Merimbula Lake, and the township. Located on the same title is a fully self-contained two-bedroom studio meaning this property also provides the opportunity to earn additional income by either permanent or holiday renting. The studio has a small deck with expansive lake and ocean views, original floorboards, kitchen with dishwasher, separate laundry and bathroom, great storage from large built-in wardrobes, reverse-cycle air con, a separate driveway and carport, and enclosed side lawn yard. The solid brick home is filled with all the quirky, telltale features of an early 1980s build. There's raked ceilings and exposed beams, internal brick and timber panelling, colourful benchtops and original retro tiles. With three bedrooms, three bathrooms and three very large family living zones there's absolutely no shortage of space for everyone. On the main level there's a large open-plan kitchen and dining area and adjoining large casual family living room surrounded by expansive windows along three sides to make the most of the glorious coastal views. This central living space opens out onto a large, west-facing entertaining deck, the perfect spot for an afternoon sundowner and another generous space to take-in the exceptional outlook. Also on this level is the main bedroom - with ensuite and built-in wardrobes - bedrooms two and three, the main family bathroom, laundry and a home office – that could also act as an extra bedroom. Downstairs there's a large rumpus/lounge room – the perfect kid's playroom or teenager's zone - that opens out onto a level paved courtyard, as well as a third bathroom and a small kitchenette/bar area. On the upper level a large, loft-like rumpus room is currently used as a fourth bedroom providing flexibility in the floorplan to customise to your needs. There's a reverse-cycle air-con and two wood heaters – one with underfloor heating vents – and great cross breezes from windows on all sides, meaning this large home will stay comfortable year-round. There is a double garage (with internal access to the lower level) and an additional smaller garage perfect for bikes, SUPs, surfboards or whatever it is you're into. There's also an extra covered carport ideal for a trailer or boat. During the warmer months there's no need to fight the crowds, just leave the car at home and take the five-minute stroll to Bar Beach for your morning dip and coffee, or the convenient pedestrian pathway for the level 15-minute walk into town. Perhaps you're envisioning retaining and enhancing the home's funky early-80s retro vibes? Or maybe using its existing solid brick base and magnificent views as a blank canvas to renovate and inject your own modern, coastal style reflecting its tranquil seaside backdrop? Either way this Long Point family home is full to the brim with space, enviable views and possibilities.

Features

3 bedrooms
3 bathrooms
5 carspaces
2 open car spaces
3 garage spaces
0 sq. floor area
1036 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Merimbula over the last 12 months, the estimated median property value of 46 Lake St is $825k.

Median value
$825k
Estimated value range
$720k - $2.45m
Median days on market
90
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Merimbula. 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 46 Lake St

2025
Rented
Undisclosed
Leased on 21 Sep 2025 by Kim Poso Properties
2025
Sold
$1,800,000
21 May 2025 by Kim Poso, of Kim Poso Properties

Happy sellers in Merimbula

68%
68% of sellers in Merimbula reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 35 reviews in Merimbula over the last 12 months.

Local market activity for 3 bedroom houses in Merimbula

In the last 12 months, 22 three-bedroom houses similar to 46 Lake St, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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