2/42 Ocean Reef Drive, Patterson Lakes VIC 3197

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2/42 Ocean Reef Drive, Patterson Lakes VIC 3197

$1,550,000-$1,650,000

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$1.55M - $1.63M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 2 Cars 381 m² 381 m²

Listed: yesterday

Overview

This meticulously renovated dual-level house offers a spacious and light-filled environment, perfect for modern family living. With five bedrooms and three bathrooms, it caters comfortably to larger families or those seeking additional space for work, study, or guests.

The property highlights captivating canal views that enhance the serene atmosphere. Direct pathway access to the water’s edge provides an exceptional outdoor lifestyle opportunity for water enthusiasts and those who appreciate natural surroundings.

The ground floor features an alfresco-focused lounge and dining area, facilitating indoor-outdoor entertaining and relaxation.
A contemporary kitchen outfitted with high-quality Neff dual ovens and a walk-in pantry with sensor lighting enhances culinary experiences for home cooks and entertainers alike.
An enclosed outdoor room equipped with strip lighting and ceiling fan extends the living space while providing versatility for social gatherings, teenage retreats, or a rumpus area.
A balcony with a kitchenette overlooks the canal, creating a seamless entertaining flow across both levels.

Storage is ample across four bedrooms, supporting household organization. Comfort is prioritized with a full laundry, ducted heating, refrigerated cooling, and ceiling fans. The property is secured behind remote-controlled gates, with an automated garage providing convenient parking for two vehicles.

Located opposite parklands with easy access to Ocean Reef Drive Reserve and local educational institutions, the residence balances lifestyle amenities with a tranquil setting. Proximity to shops, cafes, healthcare services, and major freeways ensures everyday convenience and efficient commuting options.

Local Market Insights

In Patterson Lakes, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $1,910,833. The property type mix of listed properties is predominantly Houses at 43%, followed by townhouses (29%), and apartments (14%). The most active agency for houses in the Patterson Lakes area is currently Buxton Real Estate Group, representing 50% of new listings, followed by OBrien Real Estate with 33%. 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.