Beachfront Opportunity on 1260m² – Dual Accommodation with Bay Views

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

408 The Esplanade, St Leonards VIC 3223

$1,450,000-$1,500,000

Search Band Search Visibility Band

$1.45M - $1.52M Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 2 Baths 3 Cars 1260 m²

Listed: 25th Jun 2026

Updated: 35 days ago

Overview

Positioned directly opposite the shoreline, 408 The Esplanade in St Leonards presents a remarkable lifestyle opportunity on a generous 1260 square metre allotment. Residents awaken each morning to stunning bay views, have the luxury of strolling along the nearby sandy beach just a few steps from the front door, and can enjoy the continuously shifting coastal panorama from the comfort of their living room.

The main residence is well-maintained, cozy, and bright with abundant natural light. It features two bedrooms along with a spacious bunkroom, making it ideal for extended family members, guests, or as holiday accommodation. The living and dining area takes advantage of the scenic water views and flows seamlessly through to a tidy, well-appointed kitchen. Central to the home is a bathroom, complemented by a separate laundry and an undercover alfresco area, enhancing the home's practicality. While the property is immediately ready for enjoyment, it also presents opportunities for updates to further personalise the space.

Situated towards the rear of the property is a detached studio offering additional accommodation. This separate dwelling boasts two bedrooms, a kitchen, and a living area, currently representing an exciting renovation project with significant potential to increase property value. Whether seeking dual living arrangements, guest quarters, or a holiday rental investment, this adaptable space expands the possibilities significantly.

Vehicle storage and workspace needs are well met by two garages along with an additional carport. The expansive block provides ample room for boats, caravans, or future enhancements, subject to council approval. The deep backyard is an inviting space for family gatherings, gardening projects, or other creative plans.

Properties along The Esplanade that offer such extensive land combined with dual accommodation are increasingly scarce. With the beach located directly opposite the site and enviable bay views on offer, this property provides an exceptional blend of location, potential, and lifestyle benefits.

Additional features include air conditioning, secure parking, and a living area designed to maximise comfort. Interested parties are encouraged to review the available photos and floorplan and are invited to arrange an inspection to fully appreciate this unique opportunity.

Local Market Insights

In St Leonards, Quiet Listings observed 34 new houses entering the market over the last 30 days, down from 49 during the previous 30-day period, with an average advertised asking price of $847,647. The property type mix of listed properties is predominantly Houses at 71%, followed by land (24%), and units (2%). The most active agency for houses in the St Leonards area is currently Neville Richards Real Estate, representing 35% of new listings, followed by Stockdale & Leggo with 18%. 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.