5 Bedroom House For Sale in Plettenberg Bay

Property description

Prime North-Facing Real Estate on Formosa Street – Unmatched Views & Iconic Location.

Introducing one of Plettenberg Bay’s most coveted and exclusive addresses. Perfectly north-facing and positioned on Formosa Street, this property offers a rare opportunity to secure a site overlooking the lagoon, river mouth, Lookout Beach, and the Tsitsikamma mountains beyond. Properties in this location are exceptionally scarce.

This is one of the last remaining original homes on this iconic street, making it an extraordinary investment. Here, you’re not just buying a house — you’re securing one of Plett’s most prestigious and valuable sites. The neighbourhood has consistently achieved prices of R25 million, a true reflection of the calibre and high demand of this prime location. Many owners have bought older homes and transformed them into world-class, luxury residences.

The property offers two excellent opportunities:
• Renovate and modernise the existing home
• Demolish and build your dream coastal residence designed to maximise the panoramic views

With its rare north-facing aspect, breathtaking outlook, and blue-chip location, this property represents an unmatched opportunity on Formosa Street.
Buyers are urged to act now. This property is being sold by closed tender, and all offers must be submitted by 24 November 2025. Opportunities of this nature on Formosa Street are exceptionally rare and are quickly secured by buyers who recognise their long-term value.

Minimum reserve price of R25M