A multi-award winning home on Semaphore South’s beachfront has hit the market with a surprisingly affordable price tag.
The three-storey house at 15 Esplanade is listed with a $2.5m to $2.65m asking price.
It is well below the suburb’s benchmark, which property data shows was set by the home at 34 Esplanade when it sold for $4.125m in April.
It’s also not far off the suburb’s median house price, which latest PropTrack data shows is $1,254,500.
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15 Esplanade, Semaphore South.
15 Esplanade, Semaphore South.
15 Esplanade, Semaphore South.
The three-bedroom house won multiple Building Designers Association awards in 2006 when it was built, including best interior fit out, best duplex and best project overall.
The owners purchased it shortly after in 2007, returning home from Melbourne to be with family, and have called it home since.
“The moment we walked in, we loved how open and light it was – perfect for family life,” they said.
“We’ve celebrated every milestone here.
“This house has a way of bringing people together – the space is so inviting and welcoming.”
The house spans three levels, with a double garage on the ground floor, the main living areas on the second and the bedrooms at the top.
Ocean views form the backdrop of the second floor’s living areas and the master bedroom on the top floor.
A sunken lounge that can be closed off, a spa in the alfresco area and ensuite with a window that opens up to overlook the ocean are highlights of the home.
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15 Esplanade, Semaphore South.
15 Esplanade, Semaphore South.
15 Esplanade, Semaphore South.
Selling agent Eileen Mousley, of Ray White Semaphore, said it was almost a bargain on the beachfront.
“It’s very, very reasonably priced to sell,” she said.
Ms Mousley was expecting the property to attract good interest throughout the Christmas and New Year period.
“During the holidays, we get so many people down there coming to holiday in the area that also look to buy for the future,” she said.
With the family grown, the vendors are selling the home to move to a rural area.
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