Back 498 Pine Rd
Off Market

498 Pine Rd

Penguin TAS 7316

3
1
2
1.73 ac.
House
Jakub LehmanJakub Lehman, last sold this property on 04 July 2025 after 95 days on market.

Overview

Welcome to 498 Pine Road, a beautiful country cottage nestled on over 4 acres of stunning land in the peaceful township of Penguin. Offering the perfect combination of rural charm and modern convenience, this property is just an 8-minute drive from the CBD of Penguin, making it an ideal retreat for those who enjoy a quiet lifestyle without being far from essential amenities. The property is divided into three separate paddocks, providing ample space for a variety of farming activities. Whether you're interested in growing your own produce, raising sheep, cows, chickens, or even horses, the land offers limitless potential for hobby farming or self-sufficiency. With its spacious layout, this property is perfect for anyone looking to embrace the rural lifestyle. The cottage itself features three generously sized bedrooms, ensuring plenty of space for the whole family. The large kitchen and dining area form the heart of the home, with the kitchen equipped with modern amenities including a wall oven, 4-burner co

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1.73 ac. lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Penguin over the last 12 months, the estimated median property value of 498 Pine Rd is $605k.

Median value
$605k
Estimated value range
$335k - $975k
Median days on market
38
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penguin. 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 498 Pine Rd

2025
Sold
Undisclosed
Private Sale/Treaty on 04 Jul 2025 by Jakub Lehman, of Harcourts Ulverstone & Penguin
2018
Sold
$337,000
Private Sale/Treaty on 26 Mar 2018 by Michael Baxter, of Zoom Property Agents

Happy sellers in Penguin

78%
78% of sellers in Penguin reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 40 reviews in Penguin over the last 12 months.

Local market activity for 3 bedroom houses in Penguin

In the last 12 months, 53 three-bedroom houses similar to 498 Pine Rd, have been sold.

This represents a 85% decrease in three-bedroom houses sales when compared to the previous 12 months.

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