Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16
Thumbnail 17
Thumbnail 18

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

72 Observation Drive
Rye, VIC 3941

$1,500,000-$1,600,000

House 5 beds 3 baths 2 cars 752 m²
Listed Date: 2nd Jun 2026
Overview

72 Observation Drive, Rye RYE 3941

Elevated in one of Rye's most sought-after locations, this stunning modern residence offers an exceptional coastal lifestyle with sweeping bay views, premium finishes, and resort-style entertaining. The home is designed for effortless family living, featuring light-filled open-plan spaces that flow seamlessly to expansive outdoor entertaining areas. A sparkling pool and panoramic outlook create the perfect setting for relaxation or hosting family and friends.

The property includes a self-contained downstairs area, providing ideal space for extended family accommodation, guest stays, independent living, or potential dual-occupancy flexibility. Positioned just moments from Rye's beaches, cafes, golf courses, and local amenities, this contemporary coastal retreat combines luxury, lifestyle, and practicality in an outstanding Peninsula location.

This home captures the very best of coastal living, offering space, flexibility, and breathtaking views in one of Rye's premier addresses.

Property Features
  • In-ground 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
72 Observation Drive
Rye VIC 3941
Market Insights for Rye VIC 3941
New Listings (last 30 days)
8
Average price
$1,526,875
Lowest price
$590,000
Highest price
$3,500,000
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.