The 127-year-old former St Oswald's Anglican Church in Trevallyn is up for grabs.
The 1010-square-metre property was built in 1894 by English-born architect Alexander North and is elevated above the Tamar River.
The idyllic location offers a view that stretches out over Trevallyn and beyond the eastern skyline.
Knight Frank Northern Tasmania partner Sam Woolcock said the former church could be utilised for residential, professional or commercial purposes.
"The deck, with its stunning outlooks, is the link to the church hall, where natural light, hardwood floors and a modern kitchen zone complement its captivating sense of further potential," he said.
Mr Woolcock said the recent influx of churches entering the market is due to religious organisations seeking to offload unused assets in prime locations.
The property's owner, the Anglican Diocese of Tasmania, has sold 30 of its properties in the state over the past three years, with just over the same amount expected to be listed.
This mass sell-off comes after the group confirmed last year that it will pay $3.65 million in compensation to 24 survivors of sexual abuse with an estimated total liability of more than $23 million looming.
Dr Richard Condie, Bishop of Tasmania, said the Bain Terrace residence is part of the cull and that 25 per cent of the net sale proceeds will go to the organisation's redress fund.
"We are aware of the sense of loss to the Anglican and wider community when one of our long-used churches is closed," he said.
"In addition to meeting our redress obligations, the funds we raise from the sale will go towards supporting future ministry in the local area."
Mr Woolcock said that it is becoming more common for churches to be converted into homes and businesses with one in the Launceston area already having been transformed into a restaurant.
He was unable to provide an estimated price for the property and cited unique factors such as it being a church with significant historical merit in an excellent location as contributing to the difficulty of pinpointing a dollar value.
Mr Woolcock said St Oswald's is minutes from Trevallyn's village hub and the Cataract Gorge.
"This is a property with a divine past and a desirable future," he said.
Our journalists work hard to provide local, up-to-date news to the community. This is how you can continue to access our trusted content: