House for sale
Live lakeside in Leisure Bay Estate, moments from Waterkloof Ridge and major highways, with private dam views, sunken outdoor lounge with gas fireplace, and a self-contained flatlet.
Situated on the tranquil banks of the principal dam within Leisure Bay Estate, this single-level residence represents one of the estate’s most desirable waterfront properties. Combining refined luxury with complete privacy and effortless entertaining, the home offers an exceptional lifestyle in one of Pretoria East’s most exclusive country estates. Positioned on the prestigious boundary of Waterkloof Ridge and Erasmuspark, it provides convenient access to the N1 and R21 highways.
The residence comprises four generously proportioned bedrooms, each served by its own en-suite bathroom finished to a high standard. A discreetly designed private flatlet, featuring an independent entrance while remaining connected to the main dwelling, is currently operated as a successful Airbnb. This self-contained accommodation presents an elegant solution for generating supplementary income, accommodating extended family, or ensuring complete privacy for guests. The remaining bedrooms are arranged around the principal living areas, with two offering direct access to private patios that command uninterrupted views of the dam.
Internally, the expansive open-plan living spaces are characterised by quiet sophistication, creating a seamless transition between the refined interiors and the natural surroundings beyond. A sunken lounge forms a focal point within the reception areas. At the heart of the home lies a gourmet kitchen, appointed with Caesarstone surfaces, a substantial island, designer basin and taps, a dedicated scullery equipped with an instant heat-pump system and provision for a top-loader washing machine, together with capacity for two double fridge/freezer units (one of which is included in the sale). The design achieves an elegant balance between aesthetic refinement and practical functionality.
The outdoor areas constitute a private sanctuary oriented towards the water:
A sparkling swimming pool positioned to overlook the dam
An outdoor hot tub suited to intimate evenings beneath the stars
A sunken outdoor lounge featuring a gas fireplace and fully adjustable louvre roof
An expansive covered patio and carefully considered entertainment spaces designed to capture sweeping waterfront views and dramatic sunrises
The property operates fully independently by means of a sophisticated off-grid solar system comprising sixteen high-performance panels, dual 16 kW inverters and three 10 kWh backup batteries. It is pet-friendly and benefits from three automated garages, dedicated parking adjacent to the flatlet, additional space for two to three vehicles, and convenient visitors’ parking nearby.
Above the garages, a generous tiled upper-level space offers outstanding views and is accompanied by approved plans for additional living accommodation, providing significant potential for future expansion.
From the first light of dawn across the water to the soft illumination of dusk over the outdoor living areas, the residence has been designed to allow every moment to be fully appreciated.
Leisure Bay Estate itself offers a distinguished lifestyle, including two pristine lakes suitable for fishing and non-motorised water sports, scenic walking trails through carefully maintained landscapes, a dedicated bird sanctuary, and an elegant waterfront clubhouse with kitchen facilities, braai areas and a swimming pool. The estate is secured by 24-hour guarded security with rigorous access control.
Renowned for its immaculate presentation, peaceful ambience and exceptional quality of life, the estate is located only minutes from Castle Gate Shopping Centre, leading restaurants, outstanding schools, the R21 and N1 highways, and a comprehensive range of amenities.
Listed for sale at R7,295,000
How does this home’s price compare with similar properties?
Price comparison based on 143 similar-sized 4-bed homes.
Insight
Priced 95% above the local median - and above the typical range across Pretoria.
Compared with 143 similar homes (163 listings) across Pretoria.
It costs more per m² than similar homes - buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R4.4M typical in Erasmus Park (small sample of 2).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Erasmus Park is a centrally located, tranquil residential suburb in Pretoria that offers residents convenient access to major highways, business hubs, and essential amenities.