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

40-42 Rosserdale Crescent
Mount Eliza, VIC 3930

EOI ~ $3,500,000 - $3,850,000

House 5 beds 4 baths 2 cars 1535 m²
Listed Date: 22nd May 2026
Overview

~ Elegant Beach Front Living with Blue Chip Address ~

Expressions of Interest close at 5pm on the 29th of June, unless the property is sold prior. This rare opportunity presents one of Mount Eliza's most sought-after and finest generational homes, known as Summerslease. This iconic residence, built circa 1923 and embraced by the renowned Andrew Stark gardens, stands prominently within the prestigious Ranelagh Estate, offering an elite position and bespoke architectural beauty.

The property encompasses approximately 1,535 square meters of meticulously sculpted gardens designed by Andrew Stark, which have been featured in the Best Gardens Australia TV series and various publications. This architectural marvel is a historical treasure that exudes sophistication and grandeur throughout. The American Colonial style home, designed by architect Percy Meldrum, makes a memorable first impression with its steep roofline, symmetrical facade, and detailed interior wainscoting.

Beyond the grand entrance foyer, the interior showcases a collection of stylishly curated living and dining spaces. Highlights include a grand formal living room featuring a double fireplace, a secret wine cellar handcrafted and designed by Zuster, a formal dining room with views over the garden, and a sunroom facing the pool.

The family kitchen is expansive and of high quality, equipped with an AGA four-door cooker and a Miele wall stack that includes a coffee machine and warming drawer. The entertaining areas extend outdoors to an award-winning landscaped garden, featuring multiple alfresco settings anchored by a salt-chlorinated pool surrounded by mature Magnolia trees.

Upstairs offers apartment-style living with five additional bedrooms and two bathrooms finished with wall-to-wall Quartzite. This includes a private attic suite and a luxurious master ensuite with a glass-fronted dressing room and balcony access. Artistic touches include custom wall murals by artist Bethany Linz.

Additional first-class features include a mudroom, study nook, polished hardwood "Marie Antoinette" parquet floors, feature wall paneling, thoughtful exterior storage, secure boat and caravan parking, and off-street accommodation for two or more vehicles.

The property is positioned adjacent to an internal reserve with children's play activities and provides access to Ranelagh Beach. It is within walking distance to the Ranelagh Club, Mount Eliza Village, and Mount Eliza Tennis Club. Prestigious schools such as Toorak College and Peninsula Grammar are also just moments away.

All measurements provided are indicative only. Prospective purchasers are advised to make their own enquiries to verify the information.

Features
  • Air Conditioning
  • Balcony
  • Courtyard
  • Fireplace(s)
  • Entertainment Area
  • Swimming/Lap Pool
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Heating
  • Pool

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
40-42 Rosserdale Crescent
Mount Eliza VIC 3930
Market Insights for Mount Eliza VIC 3930
New Listings (last 30 days)
7
Average price
$1,673,571
Lowest price
$880,000
Highest price
$2,245,000
Other properties in this postcode

* 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.