Back 80 Penzance Drive
Off Market

80 Penzance Drive

Redland Bay QLD 4165

5
2
3
300 m²
700 m²
House
Last sold for $1,720,000
Alex TincknellAlex Tincknell, last sold this property on 23 May 2026 after 64 days on market.

Overview

SOLD BY ALEX TINCKNELL

THE PROPERTY Positioned just a few homes from the waterfront in one of Redland Bay's most desirable pockets, this beautifully presented residence delivers an exceptional standard of family living with a refined, lifestyle-driven edge. Set on a flat block and designed with space, comfort and entertaining in mind, the home combines generous proportions, high-end finishes and seamless indoor–outdoor flow to create something truly special. With water views from the balcony, multiple living zones and a resort-style pool setting, this is a home that offers both everyday luxury and unforgettable moments with family and friends. THE HOME Step inside and you are immediately welcomed by a sense of space and sophistication. The home offers five bedrooms, two bathrooms and a separate powder room, thoughtfully designed to accommodate both growing families and those who love to entertain. Multiple living zones create a flexible and luxurious environment, including a formal lounge, family living area and a dedicated media room. The expansive rumpus/family room provides the ultimate entertaining space, with ample room for a pool table or games area - perfect for bringing people together. Upstairs, a private living area opens onto a balcony capturing tranquil water views, creating a peaceful retreat to unwind. Plantation shutters throughout enhance both privacy and style, while ceiling fans in the upstairs bedrooms ensure comfort year-round. At the heart of the home, the beautifully renovated kitchen delivers both elegance and functionality. Featuring a large pantry, soft-close cabinetry, AEG 900mm induction oven and Bosch dishwasher, it is perfectly positioned on the ground floor to connect effortlessly with the main living and entertaining areas. The renovated laundry continues the home's high standard of finish. THE OUTDOOR LIVING Designed for relaxed entertaining and effortless enjoyment, the outdoor space is a true highlight. A covered alfresco area with built-in BBQ overlooks the sparkling in-ground pool, creating a private resort-style setting ideal for long summer days and evening gatherings. Electric external blinds provide additional comfort and flexibility, while a shaded nook offers a quiet space to unwind. The flat block ensures the yard is both usable and easy to maintain, with plenty of room to enjoy. THE EXTRAS • Flat block just moments from the waterfront • Water views from the balcony • 5 bedrooms, 2 bathrooms + separate powder room • 3 car garage • Multiple living zones: lounge, family, rumpus & media room • Rumpus/family room with space for a pool table • Additional upstairs living with balcony • Fully ducted Daikin 25kW commercial air-conditioning system • Plantation shutters throughout • Renovated ground floor kitchen with large pantry and soft-close cabinetry • AEG 900mm induction oven + Bosch dishwasher • Renovated laundry • Ceiling fans in upstairs bedrooms • Crimsafe security screens • Electric external blinds to patio • Gas hot water system • 3000L rainwater tank with new pump • In-ground pool • Outdoor entertaining area with built-in BBQ • Spacious design with excellent storage throughout • Contemporary brick veneer construction THE LOCATION Located just a few houses from the waterfront, this home offers a premium bayside lifestyle where morning walks, sea breezes and relaxed weekends become part of everyday life. With close proximity to local parks, shopping centres, schools and the growing Redland Bay precinct, this is a location that continues to attract those seeking both lifestyle and long-term value. THE OPPORTUNITY Homes of this calibre - offering scale, water proximity, premium inclusions and a true indoor–outdoor lifestyle - are always in high demand. Combining elegance, functionality and an exceptional position, 80 Penzance Drive represents a standout opportunity in the Redland Bay market. 📞 Contact Alex Tincknell today to arrange your inspection. All information supplied is to the best of our knowledge. Interested parties are advised to conduct their own due diligence to verify the details before proceeding. We accept no liability for any loss or damage resulting from errors or omissions in the information provided. The information is subject to change without notice.

Features

5 bedrooms
2 bathrooms
3 carspaces
3 garage spaces
300 m² floor area
700 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Redland Bay over the last 12 months, the estimated median property value of 80 Penzance Drive is $1.35m.

Median value
$1.35m
Estimated value range
$945k - $3.06m
Median days on market
35
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Redland Bay. 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 80 Penzance Drive

2026
Sold
$1,720,000
23 May 2026 by Alex Tincknell, of Elders Real Estate Redlands
2015
Sold
$715,000
Private Sale/Treaty on 09 Oct 2015 by Zak Chetcuti, of First National Cleveland

Happy sellers in Redland Bay

88%
88% of sellers in Redland Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 199 reviews in Redland Bay over the last 12 months.

Local market activity for 5 bedroom houses in Redland Bay

In the last 12 months, 63 five-bedroom houses similar to 80 Penzance Drive, have been sold.

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

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