SOLD
Sold on 20 Jan 2024 for $8,300,000

192 Franklin Road
Portsea VIC 3944

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Land area: 4255m2
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Property Details for 192 Franklin Rd, Portsea

Building Type
Rural
Land Size
4255m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS503709

Last Listing description (June 2024)

A refined expression of contemporary elegance and understated luxury just metres from the ocean beach, this five-bedroom, five-bathroom residence's peerless dimensions provide an incomparable backdrop for a lavish Portsea lifestyle. Elevated on a beautiful 4,255m2 (approx) north-facing allotment and curated over two magnificent levels, this state-of-the-art home built by renowned Smith Builders, effortlessly captures the essence of relaxation with sunset views over the district toward Port Phillip Bay.

Exuding an enduring coastal sophistication, the home's artisan stone masonry creates a captivating contrast against the lush native surroundings, where impeccable design blurs the boundaries between the interior and the natural environment. A lower-floor family room seamlessly unfolds to the spectacular poolside oasis accompanied by a pool house and plenty of lawn and garden to enjoy, whilst upstairs, a second generous sitting room with built in office space provides a separate area in which to either unwind or catch up on work emails.

The open-plan kitchen/living/dining domain, with sweeping treetop scenes, provides the perfect setting for year-round entertaining or simply relaxing by the Jetmaster fireplace while enjoying the incredible sunsets. A full-scale Poggenpohl kitchen with Dekton benches integrated Liebherr fridge/freezers, and Gaggenau appliances extends outdoors to the broad, full-width balcony, ideal for day to evening enjoyment.

The impressive accommodation boasts a decadent private main suite with a deluxe spa-ensuite, WIR, and generous sunrise balcony. Additionally, on the ground floor, a dedicated bedroom wing comprises four bedrooms and three bathrooms, including a bunk room capable of accommodating up to five guests, and two ensuite bedrooms.

Indulge your guests on the covered alfresco terrace with a separate, self-contained pool house with bathroom, overlooking the solar-heated 16m pool, ideal for summer enjoyment. Delight in the sustainability of irrigated kitchen gardens, well-maintained lawns, and meticulously crafted garden spaces that envelop the home in serene tranquillity. Additional highlights include a monitored security and alarm system, hydronic heating, CBUS home automation, Sonos 5x zone sound system, 16 Kw solar, 2 powder rooms, a generous garage with internal access and a separate boat shed with power.

Proudly marketed by the team at Peninsula Sotheby's International Realty.

Property History for 192 Franklin Rd, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$8,300,000
20 Jan 2024
  • 20 Jan 2024
    Sold for $8,300,000
  • 27 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Dec 2011
    Listed for Sale CONTACT AGENT
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. It has 13 parks covering nearly 62.6% of total area. The population of Portsea in 2011 was 445 people. By 2016 the population was 490 showing a population growth of 10.1% in the area during that time. The predominant age group in Portsea is 60-69 years. Households in Portsea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portsea work in a managers occupation. In 2011, 82.4% of the homes in Portsea were owner-occupied compared with 92.4% in 2016.

Portsea has 1,726 properties. Over the last 5 years, Houses in Portsea have seen a 56.36% increase in median value, while Units have seen a 51.59% increase. As at 31 July 2024:

  • The median value for Houses in Portsea is $2,891,986 while the median value for Units is $1,254,740.
  • Houses have a median rent of $923.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Portsea on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Portsea.

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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.