40 Riverview Parade, North Manly NSW 2100

5 bed house North Manly | pool and solar | flood overlay present | premium asking above estimates This property offers a rare combination of size and amenity on a 500m² parcel in North Manly, with five bedrooms and four bathrooms placing it in the top tier of family homes in the area. The pool and solar panels add immediate lifestyle and efficiency appeal, while the approved DA for a dwelling house including a swimming pool indicates the site has been redeveloped recently, reducing the risk of major capital expenditure for the buyer. The flood overlay is a material consideration but does not appear to have prevented the current high-spec build; it primarily affects future renovation or extension possibilities. This property serves best a family seeking a turnkey modern home in a premium coastal suburb with strong school catchment access. The flood overlay is the primary risk, as it may restrict certain modifications and could affect insurance premiums; a buyer should obtain a flood risk assessment and insurance quote before committing. The price discrepancy between the listing and automated valuations suggests the market may not fully support the asking figure, creating negotiation leverage for a buyer who can demonstrate comparable sales evidence. Connectivity via 5G and NBN is adequate but not a prime driver. The property should be held as a long-term family home, with the pool and solar providing ongoing cost benefits and lifestyle appeal.