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405 Esplanade, Mount Martha VIC 3934

$5,850,000 - $6,350,000

Search Band Search Visibility Band

$5M - $6M High Confidence Calculated based on strong search observations.

House 6 Beds 3 Baths 6 Cars 7460 m²

Listed: 8 days ago

Updated: yesterday

Overview

Set atop one of Mount Martha’s most prestigious coastal locations, this extensive estate offers a rare opportunity to immerse in coastal luxury and grandeur across approximately 7,460 square metres of prime land. The property presents uninterrupted 180-degree views stretching from the city skyline to Port Phillip Heads, creating an inspiring backdrop of natural beauty and cityscape.

Privacy and exclusivity are guaranteed with the estate’s elevated position above the Esplanade, complemented by a private rear access from Deakin Drive. The land’s vast expanse lends itself to multiple possibilities, including a magnificent private sanctuary, a multi-generational family compound, or a high-end development project subject to council approval.

The property currently features two separate residences, each offering three bedrooms to accommodate family or guests, providing immediate inhabitation convenience while allowing for future enhancement or redevelopment. The generous provision of parking spaces enhances the estate’s suitability for entertaining and everyday practicality, with ample garaging ensuring vehicles are securely housed.

This residence is well-suited for discerning buyers seeking a prestigious lifestyle characterised by space, privacy, and remarkable views. Its attributes appeal to those valuing coastal serenity alongside the flexibility to realise a personalised vision within a rare and substantial landholding.

Unrivaled coastal vistas with sweeping panoramic views
Two existing three-bedroom homes for immediate use
Secluded elevated positioning with private access
Spacious land area offering potential development opportunities (STCA)
Ample garaging and parking for multiple vehicles

Overall, this estate encapsulates not just a property purchase but an opportunity to secure a legacy in one of Mount Martha’s finest addresses.

Local Market Insights

In Mount Martha, Quiet Listings observed 50 new houses entering the market over the last 30 days, up from 19 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 75%, 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.