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

35 Blue Waters Drive, Ocean Grove VIC 3226

$780,000-$820,000

Listed: 2 days ago
Updated: 13 hours ago
Overview

Perched prominently with expansive views over Blue Waters Lake and the surrounding parkland, this freshly renovated coastal residence offers a harmonious blend of serene living and promising future potential. Nestled on a well-established and peaceful 605 square metre block, the home’s elevated position gifts its occupants uninterrupted vistas, enhanced natural light, and a seamless connection between indoor and outdoor living zones.

The bright, open-plan living and dining area is defined by raked ceilings and large windows that frame the picturesque landscape, creating a naturally inviting atmosphere. Timber flooring underfoot adds warmth and elegance, complemented by split-system heating and cooling for year-round comfort. A private, elevated deck extends from the living space, making it an ideal setting for relaxation or entertaining while enjoying the vibrant sunsets and the tranquility of nearby birdlife.

The well-appointed kitchen has been thoughtfully updated to capture the lake views, featuring quality appliances, a stylish stainless steel splashback, and ample cabinetry, ensuring functionality meets aesthetic appeal. This layout encourages easy interaction between dining, cooking, and living spaces, facilitating versatile day-to-day living and social engagement.

  • Three generously sized bedrooms provide flexible accommodation with built-in robes in two of the rooms, supporting family living, guests, or a dedicated home office.
  • The centrally located bathroom has been renovated for contemporary convenience, including a shower over bath combination and a wall heater for added comfort.
  • An additional living or flexible space enhances the home’s adaptability, catering to a variety of lifestyle needs such as a playroom, study, or guest area.
  • Outside, the precinct benefits from established cottage-style gardens and native plants, featuring multiple outdoor seating areas perfect for enjoying the environment.
  • A twin carport and garden shed provide practical storage and parking solutions.

This property is further distinguished by luxury inclusions such as internal roller blinds, a new roof, and quality renovations that require no immediate work, allowing for simple move-in readiness.

Importantly, the site boasts council-approved plans for subdivision into two townhouses, presenting an exciting development opportunity without detracting from the home’s immediate lifestyle appeal. This makes the property attractive to owner-occupiers seeking a distinctive coastal dwelling, investors desire a lucrative asset, or developers looking for a blue-chip location with substantial long-term value.

Located conveniently close to Blue Waters Lake walking trails, Ocean Grove Primary School, recreational facilities, shopping precincts including Ocean Grove Marketplace and The Terrace, as well as pristine surf beaches moments away, this property represents a rare offering where relaxed seaside living meets strategic investment potential.

This home suits a broad audience including first-home buyers seeking a scenic lifestyle, holidaymakers wanting a comfortable coastal retreat, as well as investors or developers attracted by its combination of immediate usability and future enhancement possibilities.

Local Market Insights

In Ocean Grove, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 56 during the previous 30-day period, with an average advertised asking price of $1,301,724. The property type mix of listed properties is predominantly Houses at 78%, followed by land (11%), and units (8%). The most active agency for houses in the Ocean Grove area is currently RT Edgar, representing 45% of new listings, followed by Oslo Property with 21%. 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
35 Blue Waters Drive
Ocean Grove VIC 3226
Market Insights for Ocean Grove VIC 3226
New Listings (last 30 days)
29
Average price
$1,301,724
Lowest price
$450,000
Highest price
$8,500,000
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