The A-list lifestyle beckons 5 Kootingal Street, Ashmore.
The A-list lifestyle beckons in a newly renovated Ashmore mansion with its own sandy beach, half basketball court and direct Nerang River access.
Located in an exclusive enclave that’s a holiday bolthole for the likes of Elon Musk, the Jonas brothers, Jude Law, and Amber Heard, 5 Kootingal St has been transformed into a resort-style retreat worthy of its premium location.
Make a splash in the pool.
Looking out to the river.
Robert and Belinda Montesalvo purchased the two-storey, five-bedroom home at auction three years ago after being drawn to the property’s charm, character, and potential.
“It was very overgrown and in a bit of a state of disrepair,” Mr Montesalvo recalled.
“But the minute we walked down the driveway we fell in love. The character was just overwhelming.”
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The living area.
The kitchen.
Despite needing an update, the home set a suburb record at the time, and the Montesalvos were quick to channel further funds into it with a luxury hotel-inspired renovation. Taking their cues from Raffles Singapore, they updated the home’s interior and exterior, remodelled the pool, and extensively landscaped the yard to maximise the property’s water views. The result is an immaculately presented resort-like residence aptly named ‘The River House’.
The study.
The fire pit.
Occupying a massive 5236sq m block, the property includes 30m of main river access, and boasts a small sandy beach, jetty, jetski dock, and a private boat ramp.
“In my opinion, it’s one of the best properties on the Gold Coast,” Mr Montesalvo said.
“It has a huge presence on the river, but also features a flat grassed area, personal beach and is a great location for water sports.
“Really it’s irreplaceable as it’s almost impossible to buy usable acreage on the water on the Gold Coast these days.”
Entertain in style!
One of the bedrooms.
Mr and Mrs Montesalvo bought the residence as their family home, with a vision of transforming it into the ultimate gathering place for their children and grandchildren. Their hard work has seen that dream come to fruition.
“We have a big family and do lots of entertaining, and my grandkids just love it here,” Mr Montesalvo said.
“The first thing they do is head out the back to the basketball court or beach, and you can even bring boats to the house and launch directly from our private boat ramp. The downstairs area is also fabulous for functions as it has all the amenities including a bar, entertaining lounge, games room, fitness area, the pool, backyard and fire pit.”
5 Kootingal Street, Ashmore.
The pool looking out to the river.
Upstairs is equally impressive, boasting four of the home’s five bedrooms, along with a study, formal lounge, a ‘gin room’ which offers the perfect setting for a round of cards, and an open-plan kitchen, lounge and dining area which takes in majestic water views.
There is also the potential for further additions, such as a boat shed or separate guest accommodation, while the access to the Nerang River allows for an enviable waterfront lifestyle of boating, jetskiing, and entertaining. And it’s all located on a street with fewer than a dozen properties that is renowned for its celebrity visitors.
The River House is listed with Harcourts Property Hub’s Roberto Scartozzi and Lisa Psaras.
It goes to auction on November 22.
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