142 The Esplanade, Caroline Springs VIC 3023

A Rare Lake Caroline Opportunity. One Address. Endless Possibility.

House
Type
2
Bedrooms
2
Bathrooms

Last updated on Tuesday, September 22, 2026 ( See property details for 142 The Esplanade, Caroline Springs VIC 3023)

$800,000

Leigh Grixti Director | LEA | Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare lakeside land opportunity in Caroline Springs offering exceptional development potential and lifestyle appeal.

🏑 Property Highlights

  • Prime lakeside location within the sought-after Lake Caroline precinct
  • Exceptional development potential subject to council approval
  • Close proximity to walking trails, dining, and Caroline Springs town centre
  • Opportunity to create a bespoke family residence or a sophisticated development
  • Rare strategic parcel of land in an established, desirable suburb
  • Accessible via major arterial roads throughout Melbourne's west

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Fully fenced
  • Garden / courtyard
  • Water tank
  • High energy efficiency
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142 The Esplanade
Caroline Springs, VIC 3023
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Vertical aerial view β€” 142 The Esplanade
142 The Esplanade — Vertical Aerial  •  Caroline Springs, VIC 3023  •  Nearmap © 2026

Caroline Springs offers a vibrant community with scenic lake views, extensive walking trails, diverse dining options, and excellent transport links. The suburb boasts a family-friendly atmosphere, quality schools, and abundant parklands, making it an ideal location for both living and investment. Its established infrastructure and proximity to Melbourne’s western growth corridor ensure long-term value and lifestyle appeal.

What are the potential uses for this land beyond residential development?
The land could be used for various purposes such as a custom family residence, a boutique residential project, or a long-term investment, subject to council and relevant authority approvals.
What amenities and facilities are nearby?
The property is close to Lake Caroline, walking trails, dining precincts, Caroline Springs Town Centre, schools, parklands, and transport options, providing a convenient lifestyle.
Is the land suitable for building a large family home?
Yes, the site offers generous potential for designing a spacious, architecturally considered family residence tailored to your lifestyle preferences.
What are the key considerations for development approval?
Development is subject to council and relevant authority approvals, including planning permits and compliance with local zoning regulations.
Are there any environmental or bushfire risks associated with this land?
Potential buyers should conduct due diligence regarding environmental and bushfire risks, including consulting relevant local authorities and planning reports.
Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the estimated costs for obtaining development approval and necessary permits? Are there any known issues with the land such as flooding, soil stability, or contamination? Is there any planned infrastructure or development activity in the vicinity that could impact the property? What are the ongoing costs associated with land maintenance and council rates?

142 The Esplanade, Caroline Springs VIC 3023 - More Details

A Rare Lake Caroline Opportunity. One Address. Endless Possibility.

In-Room Auction - Wednesday 28 October at 6:00pm
Taylors Lakes Hotel | 7 Melton Highway, Taylors Lakes
Auction bidding by registration

There are properties you buy for what they are today - and then there are properties you secure because of what they could become.
Positioned within the tightly held Lake Caroline precinct, this exceptional opportunity presents a chance to create something genuinely special in one of Caroline Springs' most recognised and desirable lifestyle locations.
With the lake, walking trails, dining and the heart of Caroline Springs all within easy reach, the setting immediately gives this site something that cannot be manufactured: location, lifestyle and scarcity.

For the developer, the opportunity is compelling. Subject to the relevant approvals, the site lends itself to the creation of a sophisticated residential development that responds to its premium surrounds - contemporary architecture, considered design and residences positioned to capitalise on the appeal of lakeside living.

For the private buyer, the proposition is equally exciting.
This is an opportunity to move beyond purchasing somebody else's vision and instead create your own - an architecturally considered family residence designed specifically around the way you want to live. Think generous entertaining spaces, refined interiors, landscaped outdoor areas and a home worthy of its position within one of Caroline Springs' most established pockets.

And for the investor or landholder, it represents the increasingly rare chance to secure a strategic parcel of real estate within an established suburb where quality land in premium positions is becoming harder to replace.
What makes this opportunity particularly special is the lifestyle surrounding it.
Lake Caroline forms the backdrop to a neighbourhood built around walking, dining, recreation and convenience. Caroline Springs Town Centre, cafes, restaurants, schools, parklands and transport options are all close by, while major arterial connections provide straightforward access throughout Melbourne's west and beyond.

This is not simply a development site.
It is an opportunity to design, develop or create something worthy of the address.
Whether your vision is a boutique residential project, a landmark new home or a long-term investment in one of Caroline Springs' most coveted locations, opportunities of this calibre are rarely offered.
The land is here. The location is established. What comes next is entirely up to you.

For further information, documentation or to register your interest for auction, contact Leigh Grixti or Peter Travlos today.
Development potential is subject to council and relevant authority approval.
Type
House
Bedrooms
2
Bathrooms
2

Auctions

  • 142 The Esplanade, Caroline Springs VIC 3023

    Wednesday 28 October
    7:00 pm

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