48 Dolphin Drive, Smiths Beach, Vic 3922

$760,000

House
Type
4
Bedrooms
2
Bathrooms
666 m²
Area

Published on Friday, October 23, 2026 ( See property details for 48 Dolphin Drive, Smiths Beach, Vic 3922)

$760,000

Josh Dunstan Property Specialist & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming two-storey coastal home just minutes from Smiths Beach, offering ocean views, flexible living spaces, and exciting development potential on a generous 666 sqm block.

🏡 Property Highlights

  • Just 660 metres from the patrolled surf beach, ideal for beach lovers
  • Ocean views towards Pyramid Rock from the expansive upper deck
  • Two-storey coastal home with character features and open-plan living
  • Generous 666 sqm allotment with established native greenery and birdlife
  • Potential for future subdivision or additional shedding (STCA)
  • Flexible living spaces with separate upstairs and downstairs areas

✨ Key Features

  • Open-Plan Living
  • Outdoor Area / Balcony
  • Built in robes
  • Waterfront / Views
  • Ensuite
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Pet-Friendly
  • Fully fenced
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48 Dolphin Drive
Smiths Beach, VIC 3922
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Vertical aerial view — 48 Dolphin Drive
48 Dolphin Drive — Vertical Aerial  •  Smiths Beach, VIC 3922  •  Nearmap © 2026

Smiths Beach is renowned for its pristine surf beaches, relaxed coastal lifestyle, and stunning natural scenery. The area offers excellent surfing, walking trails, and proximity to Phillip Island’s attractions. With a close-knit community and beautiful native landscapes, it’s an ideal location for both holidaymakers and residents seeking tranquility. The neighbourhood features a mix of holiday homes and permanent residences, all within easy reach of local amenities and outdoor activities.

What are the main lifestyle benefits of living near Smiths Beach?
Living near Smiths Beach offers a relaxed coastal lifestyle with easy access to surfing, beach walks, outdoor activities, and stunning ocean views, perfect for outdoor enthusiasts and those seeking tranquility.
Does the property have any outdoor entertaining areas?
Yes, the property features a generous covered balcony and adjoining sun-drenched deck, ideal for entertaining and relaxing while enjoying ocean views.
Are there any development opportunities with this property?
Yes, the large 666 sqm allotment presents potential for future subdivision (STCA) or additional shedding, offering flexibility for future development.
What character features does the home include?
The home features exposed timber beams, timber-lined walls, and an open-plan kitchen, living, and dining area that add to its coastal charm.
Is the property suitable for families or holiday use?
Absolutely, with multiple living areas, flexible spaces, and proximity to the beach, it is ideal for both permanent family living and holiday retreats.
Are there any existing planning restrictions or easements on the property that could affect future subdivision or development? Has the property been inspected for any structural issues or potential defects? Are there any ongoing or upcoming local planning or construction projects nearby that could impact the property? What are the zoning regulations and are there any restrictions on building or extending the property? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any costs associated with the potential subdivision or additional development, including council fees? Is there any history of water ingress or drainage issues on the property? Are there any existing or planned community or strata arrangements affecting the property? What are the current council rates and any other ongoing costs? Are there any restrictions on pet ownership or other covenants affecting the property?

48 Dolphin Drive, Smiths Beach, Vic 3922 - More Details

$760,000

Enjoy the relaxed coastal lifestyle that makes Smiths Beach so special from this classic two-storey beach home, perfectly positioned just 660 metres from the patrolled surf beach, general store and surf shop. Capturing ocean views towards Pyramid Rock from its expansive upper deck, this four-bedroom residence offers an inviting holiday retreat with plenty of space for family and friends.

Full of character and coastal charm, the upper level features exposed timber beams, timber-lined walls and an open-plan kitchen, living and dining area that creates a welcoming space to gather after a day at the beach. Large sliding doors connect the living area to a generous covered balcony and adjoining sun-drenched deck, where you can relax, entertain and take in the ocean views towards Pyramid Rock.

Two bedrooms with a shared bathroom complete the upper level, while downstairs offers a second living area, two additional bedrooms and a combined bathroom and laundry with a separate toilet. Opening directly onto an expansive undercover patio, this lower level provides excellent flexibility for families, visiting guests or those seeking separate spaces to unwind.

Set towards the rear of a substantial 666sqm (approx.) allotment, the home enjoys a generous front yard surrounded by established coastal greenery, including native trees that attract an abundance of native birdlife, creating a tranquil, nature-filled setting. The positioning of the residence also presents exciting potential for future subdivision (STCA) or additional shedding, allowing buyers to explore further possibilities for the property.

Whether you're returning from a morning surf, enjoying afternoon drinks on the deck or spending time with family and friends, this is a home that embraces the simplicity and enjoyment of beachside living.

With one of Victoria's most loved surf beaches just 660 metres away and Phillip Island's renowned attractions within easy reach, 48 Dolphin Drive presents a fantastic opportunity to secure a coastal getaway, permanent residence or investment in the heart of Smiths Beach.

If you're an investor, our specialised rental department are here to assist in the management of your future investment. If you would like a current rental appraisal on this property, please get in contact today.
Type
House
Bedrooms
4
Bathrooms
2
Area
666 m²
House Size
115 m²

Price guide

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

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