3419 The Lakesway
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About this property
Almost twenty years ago, a couple of surfer dudes literally outran their competition and bought the property known as Magic Mountain. Fast-forward to 2025, Magic Mountain has become one of the most sought-after holiday homes in Pacific Palms, thanks to its elevated position offering 270-degree, uninterrupted, and never-to-be-built-out ocean views, as well as access to world-class surfing at Blueys, Boomerang, and Seal Rocks. If you surf, you will know. Magic Mountain's circa 1970s homestead is the quintessential Australian beach house, where everyone feels welcome, there's always food and drinks in the fridge, and the barbecue is ready to fire up. The four-bedroom, one-level home is solidly built and comfortable for no-fuss living. Still, Magic Mountain's true potential lies in being a building site to create the next owner's dream home, where seclusion and privacy are among its luxuries. We are aware of a proposed rezoning of the subject property under the Draft MidCoast LEP to C4 (Enviromental Living Zone), reducing the minimum area for subdivision and a dwelling entitlement from 40 hectares to 20 hectares. This property presents exciting possibilities for future development or lifestyle enhancement (subject to council approval). Combining space, versatility, and long-term growth prospects, this is a rare chance to secure a property with both immediate appeal and significant future upside. The time has come to pass this prized asset to the next generation of doers. If the Magic Mountain vision resonates, get in touch with Dominique Vasers. No one knows Pacific Palms real estate quite like she does. Facts - Land: 102.5 hectares - House: 539 sqm under cover - Water storage: 90,000 litres - Bio septic waste system - Town electricity - NBN - Fresh water dams: 2 - 2-kilometre paved driveway - The Pacific Palms community - Education: selection of public and private primary and secondary schools - Medical: Forster Private Hospital and John Hunter Hospital, Newcastle Disclaimer: the information provided is for general informational purposes only and is not intended as legal, financial, or real estate advice. While every effort is made to ensure the accuracy of the information, we make no guarantees regarding its completeness or accuracy. Prospective parties are encouraged to conduct their own independent investigations. We are not responsible for any liabilities that arise from use of information provided.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 102.5 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Tarbuck Bay
This 4-bedroom house in Tarbuck Bay, NSW 2428 sits within reach of public transport, local amenities. It is listed 391% above the $875,000 median of 60 comparable houseswithin 5 km.
What's nearby
- The Lakes Way at Sandbar Rd (bus) — 1.2 km away
- Debert Reserve — 2.7 km away
Tarbuck Bay at a glance
Full suburb profile- Population
- 194
- Median age
- 48
- Household income
- $1,021/wk
- Median rent
- $430/wk
- Median mortgage
- $1,192/mo
Source: ABS Census.
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