A Rare Coastal Canvas with Endless Potential

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402 Sandy Road, St Andrews Beach VIC 3941

UNDER CONTRACT

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$650k - $700k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 3 Cars 864 m²

Listed: 20 days ago

Updated: 2 days ago

Overview

Situated just a short 700 metres from the renowned Rye Ocean Beach and the scenic Mornington Peninsula National Park, this property offers a truly rare coastal opportunity. The expansive 864 square metre allotment provides ample space for those dreaming of a tranquil beachside lifestyle.

The existing three-bedroom, one-bathroom home presents versatile options: undertake a thoughtful renovation to revive its classic charm and craft a relaxed coastal retreat, or utilise the generous land as a canvas for an architect-designed masterpiece, subject to council approval. The positioning of the property enables residents to enjoy a peaceful sanctuary defined by natural beauty, with the soothing sounds of the ocean and immediate access to pristine walking trails and sandy beaches.

This home and land combination will appeal to visionary renovators or buyers desiring to build a bespoke residence in an enviable location. Whether you embrace the renovation path or a new architectural venture, the property offers the exceptional bonus of peace, privacy, and unparalleled proximity to some of Victoria's most spectacular coastal scenery.

Landholding of approximately 864 sqm provides versatility and scope.
Well-positioned to embrace a lifestyle rich in nature, fresh sea air, and beachside tranquility.
Existing home with three bedrooms and a single bathroom offers immediate usability or development potential.
A prime option for those seeking a coastal base to live, holiday or invest with substantial upside.

In summary, 402 Sandy Road is a coveted plot in St Andrews Beach, whose possibilities are limited only by the buyer's imagination. It perfectly suits buyers eager to create a comfortable coastal haven or to capitalize on one of Mornington Peninsula’s most cherished locales.

Local Market Insights

In St Andrews Beach, Quiet Listings observed 43 new houses entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $1,204,271. The property type mix of listed properties is predominantly Houses at 91%, followed by land (9%). The most active agency for houses in the St Andrews Beach area is currently Your Property Agent, representing 30% of new listings, followed by Crowders Real Estate with 28%. 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.