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

5 Lagoon Place
Patterson Lakes, VIC 3197

$3,700,000 - $4,050,000

House 5 beds 3 baths 3 cars 806 m²
Listed Date: 22nd May 2026
Overview

Opulent Grandeur of Mediterranean Style

Set against the picturesque backdrop of the Patterson Lakes canal, this custom-built waterfront residence offers an unparalleled lifestyle on a coveted private sandy beach. The home is crafted to the highest standards using rare materials sourced globally, embodying timeless Mediterranean-inspired architecture. It features exclusive amenities including a private sandy beach, boat mooring, and a heated pool and spa, presenting an exceptional living experience.

Upon entering, soaring ceilings and an intricate mosaic feature, designed and built overseas, create an impressive ambiance. The interior is adorned with custom wrought iron detailing and James Hardy columns finished with bladed lime and beeswax, imparting a rare sense of grandeur.

Beyond the formal sitting room, ornate handmade double French doors lead to the primary living, dining, and kitchen areas, all offering stunning water views. The brand-new kitchen is equipped with stone benchtops and a centrally placed bar, ideal for indoor-outdoor dining.

Entertainment options abound with a gorgeous undercover alfresco area that extends over the pool and spa and overlooks the canal, providing a perfect setting for gatherings.

The master suite boasts glorious water views, a luxurious ensuite with a spa, and a large walk-in wardrobe. Three additional spacious bedrooms each feature walk-in robes. The sunny, oversized balcony offers a serene spot to enjoy morning coffee, while a spacious home gym or multipurpose room provides flexible space for various needs.

The upstairs floor plan is completed by a spacious gallery with Hebel flooring for sound control and a beautiful terrace, accessible via a 150-year-old recycled blackbutt staircase. Mature gardens frame the home, enhancing its appeal.

Additional features include a triple lockup garage with a kitchenette, separate toilet, and workshop. A secure front holding yard accommodates a boat and trailer. The property also includes a full laundry room, under-stair cellar/storage, a gas log fireplace with a white marble mantle, heating and cooling systems, electric window furnishings, and solar panels.

Features
  • Balcony
  • Built-ins
  • Polished Timber Floors
  • Gym
  • Fireplace(s)
  • Entertainment Area
  • Outside Spa
  • Remote Garage
  • Secure Parking
  • Air Conditioning
  • Study
  • Swimming/Lap Pool
  • Area Views
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Openable Windows

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
5 Lagoon Place
Patterson Lakes VIC 3197
Market Insights for Patterson Lakes VIC 3197
New Listings (last 30 days)
7
Average price
$1,067,857
Lowest price
$800,000
Highest price
$1,350,000
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.