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

74 Observation Drive
Rye, VIC 3941

Private Sale | $2,200,000 - $2,400,000

4
Bed
2
Bath
2
Cars
Land Size: 753 sqm
Property Type: House
Listed Date: 2nd May 2026
Overview

74 Observation Drive, Rye VIC 3941

Defined by a sensational blend of natural aesthetic and designer style, this striking home is an elite offering. Meticulously crafted to capture the coastal elements of the surrounding landscape, this mid-century inspired abode offers a life of luxury and leisure close to the foreshore, village shops, golf courses, and hot springs.

Effortlessly sleek and sophisticated with a warm and inviting ambience, the visually arresting residence features a Silvertop Ash, stone and rendered brick façade, soaring four-metre plywood-clad ceilings, engineered oak floors, stone benchtops, extensive double glazing, broad stackable industrial-grade sliding doors, and wide Merbau decks that enjoy an immensely private borrowed landscape of mature native trees. The open, highly functional floorplan enhances the living experience.

The property is thoughtfully divided into two modules: a communal living zone with alfresco terrace connection and adjoining master suite, alongside a guest or children’s wing with a separate entrance. This wing comprises a second lounge and deck, a deluxe bathroom, and three bedrooms with built-in robes. The design facilitates large family gatherings and seamless entertaining while also providing private quarters for retreat and relaxation.

Additional inclusions enhance comfort and convenience, including ducted heating and cooling, a gas log fire, a butler’s pantry, double ovens, an induction cooktop, bespoke cabinetry, a concealed bar with a wine fridge, two powder rooms, skylights, clerestory and double-hung windows, VJ wall paneling, motorised linen curtains, a double lock-up garage with storage space, a boat or caravan parking bay, and native landscaping that complements the natural surroundings.

This property represents a visionary blend of form, function, and coastal beauty, offering a sophisticated lifestyle in a sought-after location. It is ideal for those seeking a luxurious home that embraces both indoor and outdoor living with style and practicality.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Location
74 Observation Drive
Rye VIC 3941
Market Insights for Rye VIC 3941
New Listings (last 30 days)
7
Average price
$1,730,000
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.