Back 55 Portobello Drive
Active

55 Portobello Drive

Mermaid Waters QLD 4218

5
2
5
362 m²
1100 m²
House
Currently for sale - view listing

Overview

Expansive North-Facing Waterfront Estate in Exclusive Gated Enclave

A magnificent north-facing waterfront residence in one of Mermaid Waters' most desirable enclaves, 55 Portobello Drive presents an exceptional opportunity to secure a substantial family home defined by space, privacy and an enviable waterfront lifestyle. With the owners having secured their next home, the opportunity is now yours to make this impressive residence your own and enjoy the lifestyle that makes waterfront living on the Gold Coast so highly sought-after. Privately positioned at the end of a quiet cul-de-sac within a gated estate, the residence occupies an expansive 1,100sqm allotment with an impressive 45-metre water frontage. The large outdoor entertaining area and generous lawns extend to the water's edge, creating a beautiful sense of space while capturing the tranquil outlook across the waterways. With direct ocean access and potential to install a large private pontoon, this is also an outstanding proposition for boating enthusiasts seeking to make the most of the Gold Coast's renowned waterways. Spanning two spacious levels, the home offers five bedrooms, multiple living zones and a versatile dual-living configuration, providing exceptional flexibility for growing families, multigenerational living or those seeking additional independence within the home. Upstairs, the generous master suite enjoys beautiful waterfront views, an ensuite with double vanity and the luxury of waking each morning to the water beyond. Two additional well-proportioned bedrooms feature built-in robes and air conditioning, ideal for everyday family living. Downstairs, two substantial bedrooms provide further accommodation, including a self-contained living retreat complete with its own kitchen, bathroom and expansive waterfront outlook. Ideal for extended family, teenagers, guests or independent living, this versatile arrangement offers a level of flexibility rarely found in traditional family homes. At the heart of the residence, the well-appointed kitchen enjoys an abundance of natural light and beautiful water views, connecting seamlessly with the surrounding living and dining areas. Designed to embrace the relaxed rhythm of waterfront living, these inviting spaces create an effortless setting for everyday family life and entertaining. Beyond, the expansive outdoor entertaining area unfolds around a sparkling in-ground swimming pool, delivering a private, resort-inspired retreat with ample room to relax, host guests and enjoy Queensland's year-round outdoor lifestyle. Further enhancing the home's appeal is an automatic triple-car garage with internal access, solar power and a newly installed home battery system. Well maintained and ready to enjoy, the property combines immediate comfort with outstanding scope to further enhance and personalise over time. Enjoying a peaceful, private position while remaining conveniently close to local schools, parks, shopping centres and the Gold Coast's renowned beaches, 55 Portobello Drive delivers an exceptional balance of space, lifestyle and everyday convenience in a tightly held Mermaid Waters location. Offering an impressive combination of substantial family accommodation, flexible dual living, extensive water-frontage and exciting boating potential, this is a rare opportunity to secure a premium waterfront property with the space and versatility to accommodate a range of lifestyles. For further information or to arrange your inspection, contact Ludovic Mahu on 0481 466 688 or Mackenzie Davis on 0429 860 557. Financial Figures: Rental Appraisal: $1750 Per week Body Corporate: $10.5 Per Week Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

5 bedrooms
2 bathrooms
5 carspaces
2 open car spaces
3 garage spaces
362 m² floor area
1100 m² lot size
House

Happy sellers in Mermaid Waters

85%
85% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 48 reviews in Mermaid Waters over the last 12 months.

Local market activity for 5 bedroom houses in Mermaid Waters

In the last 12 months, 35 five-bedroom houses similar to 55 Portobello Drive, have been sold.

This represents a 29% decrease in five-bedroom houses sales when compared to the previous 12 months.

© 2026 RateMyAgent