OFF MARKET

198 Franklin Road
Portsea VIC 3944

Bedrooms: 6
Bathrooms: 5
Car spaces: 6
Land area: 5237m2
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Property Details for 198 Franklin Rd, Portsea

198 Franklin Rd, Portsea is a 6 bedroom, 5 bathroom House with 6 parking spaces. The property has a land size of 5237m2. While the property is not currently for sale or for rent, it was last sold in December 2008.

Building Type
House
Land Size
5237m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS520042

Last Listing description (April 2023)

Nestled into its coastal landscape and elevated to capture sweeping views, this extensive, six bedroom, five bathroom contemporary residence by renowned architect Robbie Robertson is wonderfully private. Located in one of Portsea's most prestigious oceanside streets, resort style living is on offer on a large scale, set to a serene backdrop of birdsong and the national park.

This multi generational home has been built to exacting standards with meticulous attention to detail. Beautifully proportioned with high ceilings and wide passageways, the sophisticated interior showcases a palette of high-end finishes, and invites natural light to pour in from all sides. The spacious living area with feature limestone fireplace, dining and kitchen with large butler's pantry enjoy sweeping views and open out to an expansive alfresco area, with a built-in BBQ kitchen.

Cleverly designed with multiple zones to cater for large families, four bedrooms enjoy their own private wings with ensuite bathroom and picturesque vistas, including the opulent main bedroom suite with a fully-fitted dressing room and poolside alfresco access.

On the lower floor, a bright and spacious guest suite with a dressing room/office and bathroom adjoins the rumpus room, spilling out to the tennis court via full-width sliding glass.

The luxury ambience is further enhanced by the resort-style outdoor-living zone with solar-heated pool and spa, pool side cabana with powder room and championship-sized tennis court within immaculate garden surroundings.

Connected by an internal elevator, the vast basement level includes a library, conference room and an enormous 6 car garage with various utility/storage spaces and high clearance for a boat.

This substantial architectural-designed masterpiece offers the best of the coastal lifestyle, with access to the Ocean beach and a short drive to the vibrant Sorrento main street.

Features include but are not limited to automated internal blinds, keyless entry, intercom, automatic driveway gate and garage doors, irrigation, a secure kids' playground and reverse-cycle zoned heating and cooling.

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

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Property History for 198 Franklin Rd, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$6,293,250
01 Dec 2008
  • 13 Oct 2022
    Listed for Sale OFFERS INVITED $9,000,000-$9,900,000
  • 03 Feb 2022
    Listed for Sale Expressions of Interest
  • 01 Dec 2008
    Sold for $6,293,250
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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 48.44% increase in median value, while Units have seen a 34.90% increase. As at 31 October 2024:

  • The median value for Houses in Portsea is $2,901,572 while the median value for Units is $1,198,129.
  • Houses have a median rent of $950.
There are currently 6 properties listed for sale, and 1 property listed for rent in Portsea on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Portsea.

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