158 Preservation Drive, Preservation Bay, Tas 7316

Offers over $1,390,000

House
Type
5
Bedrooms
2
Bathrooms
1
Parkings
789 m²
Area

Published on Wednesday, May 20, 2026 ( See property details for 158 Preservation Drive, Preservation Bay, Tas 7316)

Offers over $1,390,000

Jodi Tunn Property Sales Consultant
Colin Tunn Property Sales Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stunning two-level coastal residence offering breathtaking bay views, versatile living spaces, and future expansion potential in Preservation Bay.

🏡 Property Highlights

  • Spectacular sweeping bay views from elevated position
  • Two-level design with versatile living spaces
  • Open-plan living with large windows and deck access
  • Private master suite with walk-in robe and additional bedroom upstairs
  • Prime coastal location overlooking iconic surf breaks
  • Potential for future expansion with space for garage or granny flat

✨ Key Features

  • Open-Plan Living
  • Outdoor Area / Balcony
  • Waterfront / Views
  • Built-in Robes
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Home Office / Study
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
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158 Preservation Drive
Preservation Bay, TAS 7316
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Vertical aerial view — 158 Preservation Drive
158 Preservation Drive — Vertical Aerial  •  Preservation Bay, TAS 7316  •  Nearmap © 2026

Preservation Bay is a sought-after coastal suburb renowned for its stunning water vistas, iconic surf breaks, and relaxed seaside lifestyle. The area offers excellent walkability to cafes, restaurants, and boutique stores, making it ideal for families and outdoor enthusiasts. With its elevated position and scenic surroundings, Preservation Bay provides a peaceful yet vibrant community atmosphere. The suburb’s natural beauty and proximity to the water make it perfect for boating, surfing, and outdoor recreation. Local amenities and scenic walking tracks enhance the quality of life for residents seeking a coastal haven.

What are the main living areas and their features?
The property features a spacious open-plan living area with large windows and deck access, ideal for enjoying the water views and outdoor entertaining.
Is there potential for future expansion or modifications?
Yes, there is space at the front of the property suitable for adding a garage or granny flat (STCA), offering flexibility for future development.
What views does the property offer?
The residence provides breathtaking sweeping views across the bay, including iconic surf breaks, with an elevated position capturing the scenery.
Are there dedicated spaces for work or study?
Yes, the home includes a dedicated office and a second living area with a bar or future kitchenette, suitable for work or leisure.
What outdoor spaces are available for entertaining?
The property boasts front and rear decks, with the rear deck positioned to enjoy the afternoon sun, perfect for evening gatherings.
Are there any upcoming planning or development applications in the area that could affect the view or privacy? What are the zoning restrictions and potential for future modifications or extensions? Are there any known issues with the property's foundation, water drainage, or structural integrity? Is the property located within a flood or bushfire-prone zone? Are there any easements, covenants, or restrictions that could impact future use or development?

158 Preservation Drive, Preservation Bay, Tas 7316 - More Details

Offers over $1,390,000

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.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
1
Area
789 m²
House Size
247 m²

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