14 Kalmia Court, Elanora QLD 4221

High-set dual-living | serene estuary outlook | versatile 3/3/3 | peaceful cul-de-sac This property presents a competitively rare dual-living configuration within Elanora, offering two distinct living zones across its high-set design. This versatility is its primary strength, serving families seeking separation for teens or guests, or investors targeting dual-income potential. Its peaceful cul-de-sac position with direct estuary outlook captures cooling breezes, a tangible lifestyle premium over standard suburban lots. The 1994 build aligns with area stock, but the functional layout is superior for modern flexible living demands. Decision hinges on the flood overlay, a concrete risk requiring specific insurance due diligence which will incur ongoing cost. The sub-420m² land size is below the local norm, trading private yard space for the dual-living utility. For a buyer, the commercial logic is clear: hold as a family home leveraging its flexibility, or secure a strong yield by renting the two self-contained areas separately. Its value is in its adaptable footprint, not its land parcel, making it a strategic purchase for specific user needs over a standard capital growth play. Recent nearby sales in Elanora and adjacent suburbs provide essential context, though precise figures are withheld. The list of sold properties on streets like K P McGrath Drive, Tussock Crescent, and Hydrilla Court confirms active transaction demand in this precise locale. For this property, its dual-living format and estuary proximity likely position it at a premium to simpler, single-living homes in those comparable sales, justifying a value above the area’s median detached house.