42 Barrier Reef Drive, Mermaid WatersQLD 4218

House · 4 bed · 4 bath · 4 car · 840 m²

Offers over $3,000,000

Listing detail

42 Barrier Reef Drive, Mermaid Waters — photo 1 of 5
1 / 5

42 Barrier Reef Drive, Mermaid Waters

Listing data updated 29 June 2026

4 bed4 bath4 car840 m² land

A rare dual-aspect position on the Mermaid Waters canals - waterfront to the rear, and from the front driveway, uninterrupted gun-barrel views across the nature strip reserve to Lake Hugh Muntz. Two outlooks, two bodies of water, one address. Occupying a generous 840m² parcel with wide canal frontage and Seaway access, this substantial Mermaid Waters residence delivers the space, flexibility and lifestyle so often sought and so rarely found. Designed for relaxed family living and effortless entertaining, the home is set back from the street for privacy while remaining central to everything the Gold Coast offers. Interiors span two generous levels with multiple living zones offering both connection and separation. An open-plan kitchen anchors the ground floor - gas cooktop, dual dishwashers, large pantry - flowing to informal dining and out to a broad waterside deck. A formal lounge, sunken living area and wet bar add further versatility for entertaining at any scale. Outdoors, a covered entertaining area overlooks the canal alongside an in-ground pool and private 5m pontoon - direct access to the Broadwater and beyond. Upstairs, the master suite delivers a true retreat with walk-in robe, ensuite with dual basins and bath, and a waterside balcony with elevated canal views. Three additional oversized bedrooms with built-in robes are serviced by a large family bathroom, with a substantial multi-purpose room rounding out the upper level as a home office, games room or fifth bedroom. Property Highlights - 840m² waterfront block with wide canal frontage - Private 5m pontoon with access to the Broadwater and beyond - Multiple living zones including formal lounge, sunken lounge and wet bar - Modern family kitchen with gas cooktop, dual dishwashers and a large pantry - Seamless indoor–outdoor flow to covered waterside entertaining - In-ground pool overlooking the canal - Four oversized bedrooms plus large study or optional fifth bedroom - Master retreat with walk-in robe, ensuite with bath - Three bathrooms across both levels for family functionality - Triple lock-up garage with internal access - Fully fenced with remote access driveway gate - Positioned well back from the street for enhanced privacy Location Highlights - Minutes to Pacific Fair Shopping Centre - Close to Bond University and quality local schools - Easy access to Mermaid Beach and Nobby Beach for cafés, dining and surf - Convenient to Robina Town Centre and the wider Robina precinct - Central Gold Coast position with easy connectivity north and south A rare combination of scale, flexibility and true waterfront living, this is a home that adapts effortlessly to the needs of a growing family while delivering the lifestyle to match. From relaxed days on the water to easy access to the Gold Coast's best beaches, schools and shopping, it offers both immediate enjoyment and long-term appeal in one of Mermaid Waters' most tightly held pockets. For more information or to arrange a private inspection, get in touch with Mitchell Lambert on 04121 935 182 or mlambert@pezetmatheson.com. Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. All marketing images are artist's impressions.

RealistIQ deal score

Strong value signal

89

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 42 Barrier Reef Drive, Mermaid Waters before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is 20%+ below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $2,841,000 - $6,697,000Wider ranges mean more uncertainty.
RealistIQ estimate$4,769,000
Market price guide$3,000,000
$2,841,000$6,697,000

12-month Property Outlook

What could this property be worth in 12 months if the local trend continues?

See Momentum and Stable modelled scenarios for this property.

Unlock Plus

See the 12-month outlook for this property.

From $29.90/month. Cancel anytime.

MomentumUnlock
StableUnlock
DownsideUnlock

Before you inspect, check what similar properties actually sold for.

Unlock Plus to see the full list of comparable sales

Unlock map with Plus

Property features

Features detected from the listing details.

Comfort

EnsuiteBathBuilt-in wardrobes

Kitchen & utilities

DishwasherGas

Outdoor & building

Swimming poolFully fencedBalcony / deckGround floor

Security & access

Secure parking

Lifestyle & views

StudySeparate dining room

Listing details

Status
Offers over $3,000,000

Agent and agency

Contact

Mitchell Lambert

Agency

Pezet Matheson

External listing
larger land

Unlock Plus to see the full list of comparable sales