336 Esplanade, Mount Martha, Vic 3934

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
1,659 m²
Area

Published on Wednesday, April 08, 2026 ( See property details for 336 Esplanade, Mount Martha, Vic 3934)

$3,100,000-$3,400,000

Alex Corradi Director & Licensed Estate
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare elevated waterfront property in Mount Martha offering breathtaking views, approved plans for a luxury residence, and versatile development options on dual lots.

🏡 Property Highlights

  • Uninterrupted 180-degree panoramic waterfront views of Mornington Peninsula and Melbourne CBD skyline
  • Rare elevated cliff-top position on a coveted corner allotment with no easements
  • Approved architecturally designed plans for a luxurious 4-bedroom residence with premium features
  • Potential to create two separate residences on dual lots (STCA), offering flexible lifestyle options
  • Prime location close to Mount Martha village, beaches, wineries, and golf courses
  • Expansive 1,659m2 land area with approximately 147 feet of water frontage

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Open-Plan Living
  • Garage / Secure Parking
  • Security Screens / Gates
  • Fly Screens
  • Ceiling Fans
  • Heating (Ducted/Split)
  • External Entertainment Areas
  • Waterfront / Views

Mount Martha is a sought-after coastal suburb renowned for its stunning beaches, world-class wineries, and golf courses. It offers a tranquil lifestyle just over an hour from Melbourne’s CBD, with easy access to Mount Martha village amenities. The area boasts pristine beaches, vibrant local community, and scenic natural beauty, making it ideal for both relaxed living and investment. Its elevated position provides spectacular water views and sunsets, enhancing the coastal living experience.

What are the key features of the approved architectural plans?
The approved plans include a 4-bedroom residence with a master guest wing, 3.5 bathrooms, infinity pool and spa, expansive entertaining terrace, theatre room, bespoke cellar, full office area, rear courtyard, elevator, and a spacious 4-car garage, all oriented to maximise water views.
Can the existing plans be modified or customized?
Yes, the council endorsed plans are flexible and can be customized further, subject to approval, to suit your specific lifestyle needs.
What is the current condition of the existing home on the property?
The existing home is a well-positioned 3-bedroom, 2-bathroom coastal residence with double lockup garage, open stone fireplace, and outdoor entertainment areas, providing immediate comfort while you plan your future development.
Are there any restrictions or easements on the property?
The property has a clear title with no easements, and the existing planning permit allows for removal of all existing trees and vegetation.
What are the potential development options for the dual lots?
The dual lots offer the flexibility to develop two separate residences (STCA), or hold the land as a long-term investment, with the potential for future subdivision or redevelopment.
Are there any additional costs or fees associated with the approved plans or future development? What are the local council requirements or restrictions for building on the dual lots? Are there any known environmental or geotechnical issues that could affect construction? Is there any ongoing or upcoming planning activity in the area that could impact the property? What are the zoning regulations and potential easements or covenants affecting the property? Are there any restrictions on removing existing trees or vegetation as per the planning permit? What is the history of flooding or bushfire risk in this elevated coastal area? Are there any strata or community title considerations if developing multiple residences? What are the costs involved in maintaining the existing home and future development plans? Is there any nearby construction or development activity that could impact the property's tranquility or views?

336 Esplanade, Mount Martha, Vic 3934 - More Details

$3,100,000-$3,400,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
1,659 m²
House Size
135 m²

Price guide

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