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1 McCrae Street, Elwood VIC 3184

$2,200,000 - $2,400,000

Search Band Search Visibility Band

$2.2M - $2.3M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 257 m²

Listed: 4 days ago

Overview

This Art Deco house at 1 McCrae Street in Elwood masterfully blends historic charm with modern architectural innovation to offer an exceptional two-level family residence. The original period features, including ornate ceilings and timber floors, lend the home a refined character rarely preserved so beautifully, while contemporary updates ensure versatile, comfortable living across its spacious layout.

The residence features three bedrooms and two bathrooms, with an elegant main suite that offers privacy and functionality through its ensuite, walk-in robe, and a dedicated study space with a sliding door. This design works perfectly for adults desiring their own retreat, guests, or grown children seeking independence. The two front bedrooms showcase character with one featuring a bay window adding individuality, and the additional separate living room with a fireplace provides flexible use as either a formal lounge or a potential fourth bedroom.

Upstairs opens to a vast open-plan living and dining area, ideal for families who enjoy socializing or entertaining on a larger scale. Natural light floods the space through skylights, while the contemporary kitchen impresses with a waterfall stone island, breakfast bar, extensive cabinetry, walk-in pantry, and premium appliances including Miele and Bosch. Timber-framed sliding doors lead to a generous north-facing terrace that offers peaceful treetop views, creating an atmosphere more akin to a secluded country retreat than an inner-city dwelling. Adjacent to the stairs, a cozy nook can serve as a secondary study, creative workspace, or children’s play area, enhancing the home’s family-oriented design.

Set on a corner block of 257 sqm, the property includes a securely gated garden with lawn space perfect for children and pets. Comfort is further enhanced by hydronic heating, split-system air conditioning, heated towel rails, and abundant storage areas both under the stairs and in the rooflining.

Located at the end of a quiet cul-de-sac, the home offers a serene environment with natural sounds of birds and breezes, while still being conveniently close to local shops on Tennyson Street, Clarke Reserve, Elwood Village, public transport, and the beach. The property benefits from zoning to reputable local schools including Elwood Primary School and Elwood College, with private schooling options such as St Michael's Grammar and St Columba's Primary also within easy reach.

Local Market Insights

In Elwood, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $2,969,679. The property type mix of listed properties is predominantly Apartments at 51%, followed by houses (30%), and townhouses (9%). The most active agency for houses in the Elwood area is currently Jellis Craig, representing 36% of new listings, followed by McGrath Estate Agents with 29%. 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.