OFF MARKET

625 Esplanade
Mornington VIC 3931

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 338m2
Land area: 724m2
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Property Details for 625 Esplanade, Mornington

625 Esplanade, Mornington is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 724m2 and floor size of 338m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
338m2
Land Size
724m2
Local Government
Mornington Peninsula
Lot/Plan
34/LP41478

Last Listing description (March 2024)

Owning a world-class setting directly opposite the sand and calming waters of Port Phillip Bay, this luxurious 5-bedroom, 4-bathroom beachfront residence is set against a breathtaking panorama on the doorstep of the Mornington Peninsula's iconic coastline.

Flawlessly crafted and presented over two generous and self-contained levels, the home's compelling reverse floor plan savours the idyllic outlooks, promoting unmatched entertaining amongst a backdrop of sparkling blue hues and magnificent painted sunsets. The gourmet chef's kitchen features an expansive island, premium stainless steel appliances and solid granite benchtops, while sliding glass doors from the ambient living room with feature gas fireplace allows seamless access to the 43sqm approx. terrace, providing a sublime entertainer or relaxation oasis.

A choice of sunbathed balconies and outdoor spaces are perfect for entertaining bay-side or unwinding amid lush green landscapes to the rear, while lower-level self-contained accommodation with a kitchenette, ensuite and adjoining living area spills out to a large backyard, perfect for the in-laws or an Airbnb opportunity. The first-floor main bedroom, a sanctuary of relaxation and tranquillity, features a lavishly appointed spa ensuite and offers mesmerising Port Phillip Bay views, complementing the overall ambience of seaside luxury and serenity. A third living area/home office only enhances the versatility of the layout, ideal as a 5th bedroom.

Featuring all the luxuries one would expect from a property of this calibre, including heating/cooling, double glazing, a double garage with internal access, additional off-street parking and a solar power system. Presenting an incredibly rare opportunity to buy into one of the Peninsula's most prized beachfront positions and land bank for the future with its potential multi-townhouse allotment of 700sqm approx. STCA. Opposite Fossil Beach, a picturesque coastal walk and moments from the vibrancy and ease of Main Street Mornington and Mount Martha village.

Property History for 625 Esplanade, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$2,660,000
05 Oct 2023
Listed for Rent
$1.15k/w
22 Dec 2017
  • 05 Oct 2023
    Sold for $2,660,000
  • 17 Aug 2023
    Listed for Sale $2.7 - $2.97 million
  • 23 Oct 2017
    Listed for Rent $1,150 / week
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation. In 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.

Mornington has 15,589 properties. Over the last 5 years, Houses in Mornington have seen a 31.12% increase in median value, while Units have seen a 21.93% increase. As at 30 November 2024:

  • The median value for Houses in Mornington is $1,110,129 while the median value for Units is $767,883.
  • Houses have a median rent of $690 while Units have a median rent of $580.
There are currently 56 properties listed for sale, and 14 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 547 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.