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Overview
Some properties earn their place in the market on sheer potential alone, and this four-bedroom, three-lounge waterfront residence exemplifies that, offering approximately 1,403 square metres of prime canal-fronting land complete with a private boat mooring. This unique opportunity to occupy, transform, or develop (subject to council approval) is rare and ideal for buyers with architectural vision and creativity.
The home welcomes you with a wide entry leading into spacious living areas including lounge, family, and rumpus rooms. The classic laminate kitchen is equipped with upgraded appliances and is thoughtfully separated from the four robed bedrooms. The master bedroom features a walk-in robe, alfresco access, and a twin-vanity ensuite, enhancing comfort and privacy.
The covered alfresco area offers serene views of the canal, perfect for relaxing afternoons as the bay's fishermen return from their adventures. The private boat mooring at the water's edge is a standout feature, appealing to boating enthusiasts and those seeking waterfront lifestyle.
Positioned in the heart of Patterson Lakes, the property is conveniently located within walking distance to Gladesville and Patterson Lakes shopping centres, Carrum Station, foreshore, quality schools, and the Mornington Peninsula Freeway. This location combines lifestyle convenience with the potential to create the home of your dreams on a substantial block.
This property represents a significant waterfront opportunity with scope for transformation or redevelopment, making it a compelling prospect for discerning buyers.
Local Market Insights
In Patterson Lakes, Quiet Listings observed 11 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,425,682. The property type mix of listed properties is predominantly Houses at 55%, followed by townhouses (30%), and units (15%). Buxton Real Estate Group was the most active agency in this area, representing 18.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Patterson Lakes VIC 3197
Market Insights for Patterson Lakes VIC 3197
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