18 Leawarra Street, Rye, Vic 3941

$750,000 - $795,000

House
Type
2
Bedrooms
1
Bathrooms
762 mΒ²
Area

Published on Friday, October 02, 2026 ( See property details for 18 Leawarra Street, Rye, Vic 3941)

$750,000 - $795,000

Katrina Talarico Senior Sales Consultant / Office Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully crafted coastal residence on a substantial 762m2 block with stunning bay views, outdoor entertaining spaces, and exciting future development potential in Rye.

🏑 Property Highlights

  • Generous 762m2 landholding with future development potential
  • Stunning 360-degree wraparound Merbau deck for outdoor living
  • Impressive Portsea limestone front piers and Western Australian sandstone construction
  • Bay glimpses offering coastal views
  • High-quality double-glazed windows and doors throughout
  • Fully fenced grounds ensuring privacy and security

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Fully fenced
  • Outdoor Area / Balcony
  • Water tank
  • High energy efficiency
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18 Leawarra Street
Rye, VIC 3941
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Vertical aerial view β€” 18 Leawarra Street
18 Leawarra Street — Vertical Aerial  •  Rye, VIC 3941  •  Nearmap © 2026

Rye is a sought-after coastal suburb renowned for its pristine beaches, vibrant village atmosphere, and excellent cafes and restaurants. It offers a relaxed Peninsula lifestyle with stunning bay views, outdoor recreational activities, and a strong community feel. The area combines natural beauty with convenient amenities, making it ideal for both permanent living and holiday escapes.

What are the future development possibilities for this property?
The generous landholding offers potential for an additional dwelling or extension, subject to council approval (STCA).
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants can be confirmed through the local council and should be reviewed prior to purchase.
What is the condition of the existing construction?
The property features high-quality construction with Western Australian sandstone blockwork and double-glazed windows, indicating excellent condition and durability.
Is the property suitable for holiday or permanent living?
The property is ideal for both, offering a relaxed coastal lifestyle with stunning views and outdoor entertaining spaces.
What are the nearby amenities and attractions?
Located within easy reach of Rye's beaches, village shops, cafes, restaurants, and the broader Mornington Peninsula lifestyle.
Are there any planning or zoning restrictions that could affect future development or extensions? Has the property been inspected for structural issues or pest infestations? Are there any existing easements or covenants that could limit use or modifications? What are the ongoing council rates and any additional costs associated with the property? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the details regarding the property's compliance with building codes and regulations? Are there any hidden costs related to maintenance or upgrades needed for the existing features? Is the property connected to all essential services, including water, electricity, and sewerage? Are there any restrictions on the use of the outdoor spaces or outdoor structures?

18 Leawarra Street, Rye, Vic 3941 - More Details

$750,000 - $795,000

A rare combination of architectural character, exceptional construction and exciting future potential, 18 Leawarra Street presents a unique opportunity to secure a substantial 762m2 parcel in one of Rye's tightly held coastal pockets.

From the moment you arrive, the quality is unmistakable. Impressive 3.6m-high Portsea limestone front piers create a striking entrance, complemented by Western Australian sandstone blockwork that gives the residence a timeless, textural presence. Double-glazed external windows and doors throughout further reflect the considered quality of the construction.

The interiors feature double-glazed frosted glass internal doors that introduce an elegant architectural detail, while modern shutters enhance both privacy and style. Beyond, the home embraces its coastal setting with glimpses across the bay and a fantastic 360-degree wraparound Merbau deck, creating an expansive outdoor environment for entertaining, relaxing and soaking up the Peninsula lifestyle.

Glass balustrading maintains a sense of openness, while the fully fenced grounds provide a private and secure setting. An exposed aggregate driveway adds another layer of considered detail and complements the home's natural stone exterior.

Yet perhaps the greatest appeal lies beyond what is already here. Set on approximately 762m2, the generous landholding offers considerable scope for the future, with the potential for an additional dwelling or extension, subject to council approval (STCA).

Whether enjoyed as a distinctive Peninsula escape, enhanced over time to create your dream coastal residence, or explored for its exciting development potential, this is an opportunity that offers far more than first meets the eye.

Positioned within easy reach of Rye's celebrated beaches, village atmosphere, cafes, restaurants and the broader Mornington Peninsula lifestyle, 18 Leawarra Street invites you to embrace the very best of coastal living today, with exciting possibilities for tomorrow.

Key Features Include:
- 762m2 landholding
- Bay glimpses
- 3.6m Portsea limestone front piers
- Western Australian sandstone blockwork construction
- Double-glazed external windows and doors throughout
- Feature double-glazed frosted glass internal doors
- 360-degree wraparound Merbau decking
- Glass balustrade
- Modern shutters
- Exposed aggregate driveway
- Fully fenced grounds
- Potential for additional dwelling or extension STCA
- Exceptional scope and future potential

*All distances and measurements are approximate only.
Type
House
Bedrooms
2
Bathrooms
1
Area
762 mΒ²

Price guide

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Map & nearby places — 18 Leawarra Street, Rye, Vic 3941

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