Rye Family Home with Large Allotment & Future Development Opportunity

For Sale

House

Type

Bedrooms

Bathrooms

Parkings

2,036 m²

Area

Published on Tuesday, March 03, 2026 ( See property details for 5-7 Fern Grove, Rye, Vic 3941)

Private Sale | $1,300,000 - $1,400,000

View the agent price guide.

Mark Purves - Real Estate Agent - Buxton Mornington Peninsula Sorrento

Mark Purves Licensed Estate Agent

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Clayton Smith - Real Estate Agent - Buxton Mornington Peninsula Sorrento

Clayton Smith Licensed Estate Agent & Auctioneer

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AI Property Insight

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

A private, versatile family home on a large, leafy allotment with exceptional future development potential in Rye’s sought-after Tyrone Foreshore precinct.

🏡 Property Highlights

Spacious 2,036sqm allotment with future subdivision potential (STCA)
Secluded bush-like setting fringed by native trees and greenery
Expansive outdoor entertaining area with private leafy backdrop
Well-designed gardens with sun-following landscaping and vegetable boxes
Luxurious wellness features including Alpine Sauna, claw-foot bath, and outdoor copper shower
Flexible living spaces with soaring ceilings and abundant natural light

✨ Key Features

Outdoor Area
Built-in Robes
Open-Plan Living
Home Office / Study
Ensuite
Waterfront / Views
Shed
Ceiling Fans
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Rye, VIC 3941

Rye offers a tranquil coastal lifestyle with pristine beaches, scenic walking trails, and a vibrant village atmosphere. The suburb is renowned for its natural beauty, outdoor recreation, and close-knit community. Its prime location provides easy access to local cafes, shops, and the Peninsula’s renowned coastal and bushland reserves. Perfect for families, retirees, and investors seeking a peaceful yet connected environment.

Frequently Asked Questions

What are the future development possibilities for this property?

The large allotment offers scope to subdivide into a two-residence site (STCA), providing potential for future development or investment opportunities.

Is the property suitable for a family?

Yes, the home features three bedrooms, a flexible living area, and a central bathroom, making it ideal for family living or hosting guests.

What outdoor features enhance the property’s lifestyle appeal?

The property boasts a private rear deck, landscaped gardens, vegetable boxes, an Alpine Sauna, claw-foot bath, outdoor copper shower, and a peaceful bush-like setting.

How close is the property to local amenities and beaches?

The home is just a short drive from Rye and Blairgowrie shops, cafes, and the bay, with coastal trails nearby for outdoor recreation.

Are there any special features for relaxation and wellness?

Yes, the property includes a 6-person Alpine Sauna, plumbed claw-foot bath, and outdoor copper shower, creating a wellness retreat atmosphere.

What to ask about this property to agent?

Are there any restrictions or easements on the property that could affect future subdivision plans? Has the property been tested for flood or bushfire risks given its bush-like setting? Are there any ongoing or upcoming planning or zoning changes in the area that could impact the property’s value or development potential? What are the current council rates and any additional costs associated with maintaining the large allotment? Is there any history of structural issues or defects with the home or its outdoor features?

5-7 Fern Grove, Rye, Vic 3941 - More Details

Private Sale | $1,300,000 - $1,400,000

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 2,036 m²

Price guide

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5-7 Fern Grove, Rye, Vic 3941 - Point Of Interest

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5-7 Fern Grove, Rye, Vic 3941

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