3 Princetown Drive, Waterways, Vic 3195

$1,850,000 - $1,950,000

House
Type
5
Bedrooms
3
Bathrooms
3
Parkings
833 m²
Area

Last updated on Wednesday, June 03, 2026 ( See property details for 3 Princetown Drive, Waterways, Vic 3195)

$1,850,000 - $1,950,000

Jaymee Hanh Le Partner | Sales Specialist - Keysborough
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious and stylish family home in Waterways offering five bedrooms, multiple living areas, a sparkling pool, and excellent outdoor entertaining spaces on a generous 833sqm block.

🏡 Property Highlights

  • Expansive 833sqm block in a sought-after Waterways location
  • Stunning in-ground pool with covered wraparound pergola for outdoor entertaining
  • Five spacious bedrooms, including a luxurious master suite with retreat and ensuite
  • Multiple living zones including formal dining, lounge, study, and upstairs retreat
  • Guest downstairs suite with retreat and private ensuite, ideal for extended family
  • Double lock-up garage with rear roller door access for secure parking

✨ Key Features

  • Swimming Pool
  • Garage
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Waterfront / Views
  • Secure Parking
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3 Princetown Drive
Waterways, VIC 3195
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Vertical aerial view — 3 Princetown Drive
3 Princetown Drive — Vertical Aerial  •  Waterways, VIC 3195  •  Nearmap © 2026

Waterways is a highly desirable suburb known for its family-friendly environment, scenic lakeside parks, and excellent amenities. Residents enjoy easy access to local schools, shopping centres, and recreational facilities. The area boasts a strong community vibe, with walking and cycling paths along the lakes, making it perfect for active families. Its convenient location provides quick transport links to nearby suburbs and Melbourne CBD, ensuring a balanced lifestyle of comfort and connectivity.

What are the key features of this family home?
This property offers five spacious bedrooms, multiple living zones including a formal lounge and upstairs retreat, a sparkling in-ground pool, a guest suite with private ensuite, and a double lock-up garage with rear access.
Is the property suitable for entertaining?
Yes, the home features a covered wraparound pergola overlooking the pool, ideal for outdoor entertaining and family gatherings.
What amenities are nearby?
The property is close to Waterways Lakeside, the Community Garden, Lake King Circuit Playground, local schools including Aspendale Gardens Primary School and Mordialloc College, and shopping at Keysborough Shopping Centre.
Does the home have climate control features?
Yes, the property is equipped with ducted heating and reverse cycle air conditioning for year-round comfort.
Are there any additional storage options?
The home includes under-stair storage and a generous laundry area for added convenience.
Are there any upcoming or ongoing planning or development projects in the area that could affect the property? Has the property been inspected for any structural issues or defects? Are there any easements, zoning restrictions, or covenants that could impact future renovations or extensions? Is the property located within a flood or bushfire risk zone? Are there any strata or community title considerations, or is it a freehold property? What are the ongoing costs associated with the property, including council rates and maintenance? Are there any known issues with the pool, heating, or cooling systems? Has the property been recently renovated or updated, and are there any warranties? Are there any restrictions on the use of outdoor spaces or landscaping? Is there any history of pest infestations or environmental hazards on the property?

3 Princetown Drive, Waterways, Vic 3195 - More Details

$1,850,000 - $1,950,000

Its Addressed:

Positioned in one of Waterways’ most sought-after addresses, this expansive family home delivers outstanding space, comfort and convenience on a substantial 833sqm lot. Zoned for Aspendale Gardens Primary School and Mordialloc College, it is close to dining at The Nest Cafe and only a short drive from Keysborough Shopping Centre. Waterways Lakeside, the Community Garden and Lake King Circuit Playground are all within walking distance, while the 709 bus on Princetown Drive and Waterside Drive is just moments away.


Substantial in stature, this two-storey abode reflects timeless suburban design, showcasing a face brick facade with scale and presence. Symmetrical upper-level windows, a recessed balcony and brick piers create balance while large windows draw natural light inside. Landscaped gardens, a broad driveway and an integrated LUG reinforce the home's family-focused appeal.


Inside, generous proportions and light-filled interiors create an inviting environment. LED down lights, pendant lighting, ceramic and porcelain floor tiles, plush carpet, ducted heating and reverse cycle AC ensure year-round comfort. The versatile floorplan includes open-plan living, a formal dining area, separate lounge, study and an upstairs retreat opening to a sunny balcony.


The kitchen combines practicality with style with timber laminate cabinetry, 40mm granite benchtops, pendant lighting and a breakfast bar. A 900mm gas cooktop, dual built-in ovens, range-hood and dishwasher cater effortlessly to family living and entertaining, while a generous laundry and under-stair storage add convenience.


There are five spacious bedrooms, all with built-in robes. The master suite includes a private retreat, walk-in robe, mirrored robe and a luxurious ensuite with a jet spa bath, semi frameless shower and granite-top vanity. A downstairs guest suite with its own retreat and ensuite is ideal for extended family or visitors.


Outdoors, a covered wraparound pergola overlooks the sparkling in-ground pool, creating a superb setting for entertaining alongside raised gardens and neat landscaping.


Contact us today to arrange a priority inspection. 

- Property Specifications

- Expansive 833sqm block in prestigious Waterways location

- Sparkling in-ground pool and covered wraparound pergola

- Guest suite downstairs with retreat and private ensuite

- Multiple living zones including study and upstairs retreat

- Double LUG with rear roller door access


*** Photo ID required for all inspections ***

For more Real Estate in Waterways contact your Area Specialist.


Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
3
Area
833 m²

Price guide

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