7 Lime Avenue, Newstead TAS 7250

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 3

Description: Enviably located within one of Newstead's most desirable tree-lined avenues, 'Karma' stands as one of Launceston's iconic, landmark residences rare, revered, and unmistakably one of a kind. Circa-1908 and set upon a sprawling allotment, this magnificent Queen Anne Federation home represents a once-in-a-lifetime opportunity to secure a property admired by many and tightly held. Lovingly restored in 2017 by award-winning architects, Cumulus Studios, the home has undergone a significant transformation that honours its heritage while delivering the comfort and functionality of contemporary living. The home's renovations emerged from a deeply considered partnership between owner and architect, grounded in a shared vision and respect for the property's heritage. Together, they shaped a design that celebrates natural light, enhances space, and delivers an effortless connection between the interior living zones and the stunning garden surrounds. Original character and period detail remain at the forefront, complemented by carefully curated décor that offers timeless elegance. It is a healthy, thoughtfully enhanced family home where history and innovation coexist. Spanning two storeys, the residence unfolds with exceptional versatility. Multiple living and dining zones on the ground floor are bathed in natural light, creating inviting spaces for both intimate family moments and grand-scale entertaining. Upstairs, an additional spacious family retreat enhances the home's flexibility. A spacious home office ensures work-from-home practicality without compromise. The main kitchen is an elegant culinary centrepiece, fully equipped with premium appliances, marble countertops, generous storage and a butler's pantry. Luxurious accommodation consists of up-to five bedrooms, each with built-in storage. Three occupy the upper-level, with two downstairs, including the majestic master bedroom with a walk-in wardrobe and a sophisticated ensuite. A self-contained wing provides added convenience for accommodating guests or multi-generational living, featuring a living space, kitchenette, bathroom, bedroom and separate entrance. The laundry enjoys direct outdoor access, and there is no shortage of storage throughout, including within the upper-floor attic. Meticulously manicured gardens envelop the home, forming a private and lush sanctuary. A sparkling in-ground pool, ozone-treated and electrically heated, anchors the landscaped surrounds, while numerous al fresco entertaining decks and patios create the ultimate setting for gatherings in every season. Further modern enhancements have been implemented, including underfloor passive ventilation and insulation, a whole-house charcoal water filtration system, return air ventilation, and passive cooling through cross-ventilation and fans ensure year-round comfort. A Sanden ECO heat pump hot water system, 5.5kW solar panels mounted on the garage roof, and a Tesla battery provide excellent energy efficiency. Internally, low-tox finishes including Porters Paints and pure wool carpets with rubber underlay, reinforce the home's commitment to wellbeing and quality. 'Karma' is more than a residence; it is a heritage lifestyle property in a blue-chip Newstead setting. Iconic, rare, and deeply admired, it stands as one of Launceston's most remarkable homes, offering an extraordinary opportunity to secure a landmark property of enduring beauty and distinction.