49 Derring Lane, Cheltenham, Vic 3192

$1,190,000 - $1,250,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Friday, July 03, 2026 ( See property details for 49 Derring Lane, Cheltenham, Vic 3192)

$1,190,000 - $1,250,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary, spacious family home in a peaceful Cheltenham pocket, featuring luxurious interiors, flexible living spaces, and outdoor entertaining areas overlooking parkland.

🏡 Property Highlights

  • Architecturally designed residence with modern façade and expansive interiors
  • Overlooks peaceful parkland in a tightly held pocket of Cheltenham
  • Open-plan living, dining, and gourmet kitchen with stone granite bench-tops
  • Private alfresco terrace surrounded by established gardens and water feature
  • Flexible layout with four spacious bedrooms, including a ground-floor versatile room
  • Luxurious master suite with walk-in robe, ensuite, and private balcony

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Home Office / Study
  • Balcony
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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49 Derring Lane
Cheltenham, VIC 3192
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Vertical aerial view — 49 Derring Lane
49 Derring Lane — Vertical Aerial  •  Cheltenham, VIC 3192  •  Nearmap © 2026

Cheltenham is a highly sought-after suburb renowned for its peaceful environment, proximity to quality schools and transport, vibrant shopping precincts like Southland Shopping Centre, scenic Bayside coastline, and lush parklands. It offers a family-friendly lifestyle with excellent amenities, community facilities, and easy access to Melbourne’s city centre, making it ideal for growing families and professionals alike.

What are the key features of this family home?
This home features a spacious open-plan living area, four bedrooms including a versatile ground-floor room, a luxurious master suite with balcony, modern kitchen with stone granite benchtops, and outdoor entertaining spaces overlooking established gardens and parkland.
Is the property suitable for entertaining guests?
Yes, the property boasts a large alfresco terrace, expansive indoor living areas, and a seamless indoor-outdoor flow, making it ideal for entertaining family and friends.
Does the home have modern climate control features?
Yes, the home is equipped with refrigerated heating and cooling across two zones, ensuring comfort throughout the year.
What are the main lifestyle benefits of this property?
Enjoy peaceful parkland views, spacious family living, modern amenities, and easy access to local schools, transport, shopping, and the Bayside coastline.
Are there any additional features for convenience?
Yes, the property includes a secure garage with internal access, a dedicated study nook, extra storage options, and high-speed NBN connectivity.
Are there any upcoming or ongoing planning or development applications in the area that could affect the property? Has the property been inspected for any structural issues or defects, particularly in the foundation or water features? Are there any easements, zoning restrictions, or covenants that could impact future renovations or extensions? What are the council rates and any additional costs associated with maintaining the established gardens and water features? Is the property located in a flood or bushfire-prone zone, and what precautions have been taken? Are there any strata or community title considerations, or is it a freehold property? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? What are the terms of the warranty or guarantees on the home’s appliances and finishes? Is there any history of pest issues or environmental concerns on the property? Are there any restrictions or requirements for outdoor modifications or landscaping due to local regulations?

49 Derring Lane, Cheltenham, Vic 3192 - More Details

$1,190,000 - $1,250,000

Nestled within one of Cheltenham's most peaceful and tightly held pockets and overlooking parkland, this architecturally designed residence delivers an exceptional combination of contemporary style, generous proportions and family-focused functionality.

Defined by its striking modern façade and expansive interiors, the home has been thoughtfully designed to accommodate growing families while maintaining an effortless sense of luxury. Warm Tassie Oak timber floors, abundant natural light and a flowing floor plan create an inviting atmosphere from the moment you step inside.

The ground floor centres around a vast open-plan living, dining and kitchen domain, creating the perfect environment for both everyday family life and large-scale entertaining. A feature gas fireplace adds warmth and ambience, while the gourmet kitchen impresses with stone granite bench-tops, quality appliances, extensive storage, a walk-in pantry and oversized island bench that naturally becomes the heart of the home.

Seamless indoor-outdoor integration is achieved through large glass doors opening out to a private alfresco terrace surrounded by established gardens, water feature and mature greenery, providing a tranquil setting for entertaining throughout the seasons.

Designed with flexibility in mind, the home offers four spacious bedrooms, including a versatile ground-floor bedroom ideal for guests, teenagers, a home office or multi-generational living. Upstairs, a generous retreat provides a second living zone, perfectly suited as a family lounge, children's rumpus or work-from-home space.

The luxurious master suite is a true sanctuary, boasting impressive proportions, a walk-in robe, stylish ensuite and private balcony retreat. Two additional generous upstairs bedrooms each enjoy their own walk-in robes and are serviced by a contemporary family bathroom complete with a relaxing spa bath.

Further highlights include a dedicated study nook, powder room, full laundry, refrigerated heating and cooling (2 zones, quality finishes throughout and a secure garage with internal access.

Positioned at the end of a no through road, next to parkland, within easy reach of quality schools, transport options, Southland Shopping Centre and the stunning Bayside coastline, this impressive residence presents a rare opportunity to secure a sophisticated family home in a highly sought-after Cheltenham location.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2

Price guide

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