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1 Reeve Street, Mount Martha VIC 3934

$4,400,000 - $4,800,000

Search Band Search Visibility Band

$4.25M - $4.5M High Confidence Calculated based on strong search observations.

House 6 Beds 5 Baths 3 Cars 1147 m² 58 m²

Listed: 10 days ago

Updated: 3 days ago

Overview

Positioned within a tranquil and exclusive corner of Mount Martha, this architecturally designed residence offers a rare combination of privacy, security, and an enviable coastal lifestyle. The home is strategically located just moments from South Beach, local village shops, and a suite of recreational facilities including yacht, surf, tennis, and bowls clubs. Its proximity to well-regarded schools and estuary walks enhances its appeal for family-oriented buyers seeking both convenience and lifestyle.

The expansive 58-square-metre home is thoughtfully crafted to accommodate multi-generational living, featuring flexible zoning and multiple entrances that provide autonomy and comfort for extended families or guests. The soaring ceilings and wide European oak floors create a spacious and inviting ambiance, complemented by Italian tiles that blend durability with refined aesthetics. This seamless indoor-outdoor flow is ideal for entertaining, with verandahs and balconies offering vantage points to enjoy bay glimpses and Northern and Western light.

The premium kitchen is equipped with high-end appliances from Asko, Siemens, and Ilve, paired with stone countertops and elegant Italian tiles, ensuring both functionality and style for culinary pursuits. Comfort is further enhanced through hydronic heating, strategically placed heated floors, split-system air conditioning, and oversized timber fans. The home also caters to accessibility, boasting a wheelchair-friendly layout with wide hallways and no stairs, addressing diverse resident needs.

Energy efficiency is a notable aspect, with a 10.6kW solar power system, solar pool heating, and double-glazed windows filled with argon. Structural elements such as concrete and suspended slabs featuring underfloor insulation pads, along with soundproof internal walls, contribute to the home's thermal performance and acoustic privacy. The inclusion of three-phase power supports various residential or potential business functions.

Externally, professionally landscaped and irrigated gardens offer a low-maintenance yet mature setting with stone walls and LED sensor lighting. The property boasts a glass mosaic self-cleaning pool and a floodlit, all-weather basketball and sports court, catering to active lifestyles. Practical features include remote-controlled garages for multiple vehicles and engineered retaining walls ensuring landscape stability.

This property is well-suited to discerning families or anyone desiring an adaptable, luxurious home that supports an active yet serene beachside lifestyle in a prime Mount Martha location.

Local Market Insights

In Mount Martha, Quiet Listings observed 50 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $2,015,450. The property type mix of listed properties is predominantly Houses at 74%, followed by land (12%), and units (6%). The most active agency for houses in the Mount Martha area is currently Warlimont & Nutt Real Estate, representing 76% of new listings. 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.