23 The Drive, Freshwater NSW 2096

North-east ocean views | 5-bed 3-bath 2010 build | 47% building coverage | EV-ready with pool | Five-minute beach stroll. This property presents a compelling proposition for a buyer seeking a modern, low-maintenance family home in a premium coastal enclave. Its competitive strength lies in the synthesis of a 2010 construction, which sidesteps major renovation cycles, with a genuinely rare north-east aspect delivering sweeping ocean views and natural light. The 47% building coverage on a 381-385m² block is efficiently maximised, offering substantial indoor-outdoor flow via decks and level lawn, while the inclusion of a pool, solar panels, and EV readiness caters to contemporary lifestyle demands. This configuration best serves an owner-occupier who values move-in readiness, energy efficiency, and seamless entertainment spaces, positioning the buyer in a segment with limited turnover due to the scarcity of comparable modern homes with such views and amenities. The decision hinges on acknowledging specific cost mechanisms, primarily the premium commanded for the view and aspect, which is substantiated by the $6.51m valuation. The risk lies in the compressed outdoor space relative to the building footprint, limiting future expansion, and the reliance on a single garage in a family-sized home. The opportunity exists in the property’s location within sought-after school catchments and its lack of environmental overlays, providing planning certainty. The commercial logic favours a long-term hold to capitalise on the suburb’s demographic skew towards younger families, ensuring sustained demand. Given the sales history indicating long ownership, this property should be acquired as a permanent residence to fully amortise its lifestyle benefits, rather than a short-term holding. Recent comparable sales in the immediate vicinity establish a firm value context: – 63 Corrie Road, North Manly: Sold $5,700,000 – 22 Wyndora Avenue, Freshwater: Sold $5,550,000 – 51/1 Addison Road, Manly: Sold $3,300,000 – 25 Carrington Parade, Freshwater: Sold $5,350,000 – 21 Curl Curl Parade, Curl Curl: Sold $5,650,000 These comparables, particularly the Freshwater sales, anchor the subject property’s higher valuation in its superior view, newer construction, and more extensive inclusions, justifying its price point within the upper tier of the local market.