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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

101 Observation Drive
Rye, VIC 3941

5
Bed
2
Bath
2
Cars
Land Size: 1200 sqm
Property Type: House
Listed Date: 2nd May 2026
Last Updated: 4th May 2026
Overview

101 Observation Drive, Rye VIC 3941

Located just moments from the sparkling Rye foreshore and the vibrant café strip, this contemporary single-level residence offers an exceptional blend of space, quality, and flexibility, ideal for families seeking a relaxed coastal lifestyle. Nestled within established native gardens, the property exudes a sense of tranquility and privacy on a generous 1,200 square meter parcel of land.

The home features a thoughtfully designed five-bedroom layout with generous proportions throughout. It includes three distinct living zones, allowing family life to flow effortlessly and providing versatile spaces for relaxation, entertainment, or quiet retreat. The outdoor areas complement the interior with a broad decked alfresco terrace and a landscaped rear garden, creating an inviting environment for summer gatherings and outdoor enjoyment.

Interiors are spacious and beautifully finished, showcasing neutral tones and well-considered zoning that enhances the natural flow of the home. The welcoming open-plan living room is warmed by a striking wood fire and seamlessly connects to the adjoining dining area and a Blanco-appointed stone kitchen. The kitchen is equipped with a waterfall-edged island bench, a 900mm oven, gas cooktop, dishwasher, and an expansive walk-in butler’s pantry, catering to the needs of a modern family.

Full-width glass stacker doors open to the alfresco terrace, extending the living space outdoors and providing a seamless connection to the private garden. Two additional living areas offer flexibility for growing families, serving as a quiet retreat or a dedicated space for children.

The main bedroom impresses with its generous scale and peaceful outlook, enhanced by plantation shutters, a study nook, a walk-in robe, and a fully tiled ensuite featuring dual basins and a separate toilet. Four additional bedrooms, each with built-in robes, provide ample accommodation for family members or guests. These are serviced by a stylish central bathroom that includes a deep-soaking bath and a separate shower.

The property also offers a spacious front garden with versatile use, dedicated parking for a boat, caravan, or additional vehicles, and a double automatic garage with internal access. Additional features include ducted heating, ceiling fans, solar panels, gas hot water, and a powder room, ensuring comfort and convenience throughout the year.

Situated close to boat launching facilities, local schools, and the Peninsula’s renowned golf courses, wineries, and surf beaches, this home presents an outstanding opportunity to enjoy a premium coastal lifestyle in a serene and private setting.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, it is intended as a guide only. Prospective buyers should refer to the appropriate legal documentation and conduct their own due diligence.

Change History
Headline When
Private Sale
New Price | $1,295,000
Location
101 Observation Drive
Rye VIC 3941
Market Insights for Rye VIC 3941
New Listings (last 30 days)
8
Average price
$1,788,750
Lowest price
$750,000
Highest price
$2,500,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.