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34 Schooner Bay Drive, Frankston VIC 3199

$795,000 - $874,500

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$795k - $835k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 4 Cars 696 m² 142 m²

Listed: 6 hours ago

Overview

Located in Frankston’s highly esteemed Lakewood Estate, this cherished family home offers a rare opportunity, being available for the first time in 32 years. Set on a generous 696 square meter block, the property boasts a substantial 142 square meters of floor space, underscoring its spacious and comfortable living environment.

The residence features four well-proportioned bedrooms and two bathrooms, complemented by accommodation for up to four vehicles, making it particularly suitable for families or those who require ample parking. The home's original condition has been carefully preserved, presenting a unique chance for buyers to move in immediately and progressively update the property to their own taste and standards.

This combination of classic appeal and potential modernisation flexibility is ideal for purchasers seeking a foothold in a sought-after neighbourhood with the scope to add value over time. Whether for a growing family desiring space and functionality or investors aiming for a property with solid baseline features, this home offers both convenience and prospects.

Its location in Lakewood Estate places it within a well-regarded community, making it a compelling choice for long-term lifestyle or investment purposes. Opportunities like this, offering solid fundamentals in a prime setting with future renovation potential, are uncommon in today’s market.

Local Market Insights

In Frankston, Quiet Listings observed 65 new houses entering the market over the last 30 days, down from 67 during the previous 30-day period, with an average advertised asking price of $1,043,292. The property type mix of listed properties is predominantly Houses at 71%, followed by units (14%), and apartments (5%). The most active agency for houses in the Frankston area is currently OBrien Real Estate, representing 23% of new listings, followed by Ray White 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.