158 Preservation Drive, Preservation Bay, TAS 7316
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Offers over $1,390,000
158 Preservation Drive, Preservation Bay, TAS 7316
5
2
1
789m²
247m²
•
house - house
Property Description
Listed on 20 May 2026
Elevated to capture breathtaking sweeping views across the bay and as far as Low Head at the mouth of the Tamar River, this expansive coastal residence delivers a lifestyle that is as impressive as it is versatile. Spanning across two levels and thoughtfully designed for both relaxed family living and entertaining, this is a home that invites you to slow down, soak in the outlook and embrace its incredible seaside setting. The entry level welcomes you with spacious open-plan living incorporating the kitchen, dining and lounge, alongside a dedicated office, practical mud room and an abundance of storage throughout. Large windows and deck access frame the ever-changing water views, while front and rear decking creates the perfect balance of sunshine, shelter and entertaining space. Accommodation has been cleverly designed to suit growing families or visiting guests, with three bedrooms, bathroom and laundry positioned on the main level, while upstairs offers a private retreat featuring the master suite with walk-in robe, an additional bedroom , second bathroom, separate toilet and a generous second living area complete with bar or future kitchenette. The rear deck is perfectly positioned to capture the warmth of the late afternoon sun, creating the ideal setting for evening entertaining or unwinding after a day by the water. Positioned to overlook two of the area's most iconic surf breaks, "The Point" and "The Break," the outlook is nothing short of sensational - offering a rare connection to the coastline and surrounding bay that few properties can rival. Jump on the coastal walkway and ride or walk into Penguin , enjoying the towns cafes, restaurants ,specialty boutiques & homeware stores. Further enhancing the appeal is substantial lower-ground storage with potential for a wine cellar, plus additional space at the front of the property ideal for the future addition of a garage or granny flat (STCA) A home of scale, flexibility and unforgettable views - this is coastal living on an entirely different level. To book your private inspection contact Colin or Jodi Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
Offers over $1,390,000
$42,000
$36,165
Median house price trends
Comparing the price trend of houses in Preservation Bay against the state of Tasmania over the last 4 years. Source: CoreLogic
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Preservation Bay residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
Under 18
Is the most common age range
Outright Owners
Most common occupant type
Couples
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
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Preservation Bay
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Central Coast (Tas.)
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Tasmania
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Median House: $667,092
Median Unit: $473,258
Median House: $783,943
Median Unit: $608,169
Frequently asked questions
158 Preservation Drive is a House built in 1967 in Preservation Bay, Tasmania. Review photos and floor plans for more detail on the construction and condition of the property.
The property at 158 Preservation Drive includes 5 bedrooms, 2 bathrooms and parking for 1 car.
158 Preservation Drive in Preservation Bay has a land size of approximately 789 square metres and an internal floor area of around 247 square metres.
158 Preservation Drive in Preservation Bay, Tasmania includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 5/1/2026, the property at 158 Preservation Drive is not available in our data at this time.































