Best Offer - guidance of $540,000

4 Bed  •  2 Bath  •  3 Car  •  1120m²

Main view of Homely house listing, 1462 Redbanks Road, American River SA 5221
Floorplan of Homely house listing, 1462 Redbanks Road, American River SA 5221
Second view of Homely house listing, 1462 Redbanks Road, American River SA 5221
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1462 Redbanks Road, American River SA 5221

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Best Offer - guidance of $540,000

  • 4
  • 2
  • 3
  • 1120m²

House for sale

What's around Redbanks Road

House description

“Expansive views over American River, Kangaroo Island. Stunning Island home.”

"Pelicans Retreat" a stunning Island home. 4 bedroom, 2 bathrooms, expansive views over Pelican Lagoon. Turnkey Island retreat and ir ideal B&B option. Best Offer with broad offer guidance of $540,000.

Home is set on 1120 m2 (approx.), built in 1990 with 4 bedrooms, 2 bathrooms, master bedroom with WIR and large ensuite. Master bedroom is one end of the home with remaining three bedrooms at the other end which is a thoughtful layout. Open plan kitchen, dining and living with expansive views over the lagoon. Floating timber floors throughout.
Home is now un-furnished and ready for the next owner's furnishings.
Wonderful decks front and back of the property. Sitting on the front deck taking in the expansive views over the lagoon and hills is simply special.
Large 3 bay garage with cement floor and power. 100,000 l of rainwater storage. Mains water connection in place on the boundary. Fully fenced rear garden. Excellent cross flow ventilation throughout the home.
This is an established property with panoramic views to the lagoon and surrounding rolling hills and countryside.
This property has all the right attributes anyone could want for a superb holiday home, holiday rental or a permanent residence. Pelican's Retreat is in great condition with numerous recent up-grades and will have significant appeal to anyone wanting to enjoy a home that is “turn-key”, surrounded by nature, space, views and all that Kangaroo Island has to offer.
Additionally, the neighboring block is also available (1120 m2), 1464 Redbank’s Road, 1120 m2. A combined land area of 2220m2 is on offer. Land only is available at Best Offers around $135,000. Power available on the boundary and water connection in place on the boundary.

Peace, views and tranquillity, yet only a 1 min drive to American River town ship, Deck Café, KI Lodge (Reflections Restaurant and KI Bar & Lounge), Samphire Restaurant (degustation) and Oyster Shop and just 30 minutes to Penneshaw or Kingscote.

Please note that the properties are subject to a Council Order for replacement of the retaining wall at the bottom of the property. The process is under way and the properties will be sold with all repairs certified by the Council appointed engineer. Current estimate for completion of the retaining wall replacement is approx. end of July 2025.

Recent, maintenance and improvements;

1. Solar system 6.6kW, 4 years old approx.
2. Environ cycle septic with new pump
3. Home was recently re-plumbed (4 years ago approx.), including new bathroom cabinetry, toilets, shower screens. New taps in kitchen and oven – gas cooktop with electric oven. New fridge
4. New blinds and fans throughout
5. Wood fired stove has a new flue.
6. Enclosed rear back years perfect for dogs.

Rates per annum are $1819 for the home block and $1350 for the bare block.

When previously operating as a B&B, the nightly rental was $220 per night with approx. 4 months a year of bookings and this could be expanded. https://www.stayz.com.au/holiday-rental/p9160962?adultsCount=2
When previously operating as a B&B, the nightly rental was $220 per night with approx. 4 months a year of bookings and this could be expanded. https://www.stayz.com.au/holiday-rental/p9160962?adultsCount=2

Property features

deck

Deck

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

shed

Shed

solarPanels

Solar Panels

toilets

Toilets: 2

Other features

0

Municipality

Kangaroo Island Council

Land details

Area: 1120m²

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