Welcome to 401 Oxley Drive, Runaway Bay, a rare and tightly held opportunity in one of the Gold Coast's most sought-after family locations.

Offered to the market for the first time in 27 years, this much-loved, one-owner home sits on a generous 1,025m² east-facing block, combining space, comfort, and incredible future potential.

Set behind secure gates, this solid two-level residence offers the perfect opportunity for families to move straight in, while still allowing scope for cosmetic updates to add your own personal touches and add value over time.

Upstairs offers three well-sized, carpeted bedrooms, all thoughtfully positioned for privacy. The master suite is tucked away at the rear, complete with air-conditioning, walk-in robe and a stylishly ensuite. The main bathroom has also been updated and includes a separate bath and shower.

Downstairs is where the home truly comes to life. Soaring 4.33m ceilings create a striking sense of space and natural light, flowing into the sunken lounge, perfect for relaxed family living. An additional downstairs bedroom offers flexibility for guests, a home office, or extended family. The spacious kitchen is neat and functional, featuring a gas cooktop, electric oven, new dishwasher, and ample storage, with internal laundry and powder room.

Step outside and enjoy a true family backyard. The covered outdoor area overlooks a sparkling swimming pool and a huge, secure yard, ideal for kids and pets. With wide gated side access and plenty of front yard space, there's room for a caravan, boat, or additional vehicles.

Key Features:

• 1,025m² fully fenced and gated block

• Double lock-up garage with extra storage

• Multiple air-conditioning units

• Heat pump hot water system

• High ceilings and light-filled living spaces

• Solid construction with scope for cosmetic updates to add value

Positioned in a blue-chip pocket of Runaway Bay, you're just minutes to the Broadwater, local shops, Runaway Bay Shopping Centre, Harbour Town, quality schools, and public transport. Easy access to the M1, Gold Coast University Hospital, and Griffith University completes the picture.

Homes of this size, on blocks like this, are becoming increasingly rare.

Held for nearly three decades, this is an opportunity you don't want to miss.

Be quick, properties like this are in high demand.

For further information or to arrange an inspection, contact Tanya Jeynes at Ray White today.