Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

85 Marine Parade Parade, Elwood VIC 3184

Expressions Of Interest: $2,600,000 - $2,800,000

Search Band Search Visibility Band

$2.5M - $2.6M High Confidence Calculated based on strong search observations.

House 8 Beds 3 Baths 2 Cars 415 m²

Listed: 2 days ago

Overview

Situated within a notable trio of character-rich properties on Marine Parade, 'Capri' stands as an iconic Art Deco residence that melds Mediterranean influences with classic style. Its generous proportions provide significant flexibility, accommodating the possibility of becoming one expansive luxurious home or being divided into two sizeable residences, suiting multi-generational families or investors seeking versatile layouts.

The property is currently configured as an 8-bedroom abode with multiple living spaces including three bathrooms and two car parking spaces, emphasizing its suitability for larger families or those requiring ample accommodation for guests. The adaptable floorplan enhances both privacy and social possibilities, with expansive areas complemented by original character features typical of the Art Deco era. The surrounding living and dining areas exude charm, enhanced by decorative ceilings, custom joinery and distinctive flooring that contribute to a warm, inviting atmosphere.

The outdoor space benefits from deep terraces and secure rear yards, conveniently integrating indoor-outdoor living and entertaining opportunities. Views of the nearby bay provide a scenic backdrop further accentuating the lifestyle appeal of the home. This residence offers a rare combination of heritage charm and future potential in a highly sought-after Elwood location, close to local schools, parks, and public transport.

Prominent Art Deco architecture with Mediterranean style influences
Flexible floorplan offering potential for subdivision or enhancement
Spacious accommodation with eight bedrooms and three bathrooms
Secure parking and extensive outdoor entertaining areas
Close proximity to a range of quality local schools and transport links

Ideal for discerning buyers who appreciate character homes and the scope for personalisation, this property represents a unique opportunity within the Melbourne prestige market.

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.