72 Observation Drive, Rye, Vic 3941

$1,500,000-$1,600,000

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings
752 m²
Area

Published on Tuesday, June 02, 2026 ( See property details for 72 Observation Drive, Rye, Vic 3941)

$1,500,000-$1,600,000

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

A modern coastal residence in Rye offering stunning bay views, versatile living spaces, and luxurious outdoor entertaining on a sought-after elevated block.

🏡 Property Highlights

  • Sweeping bay views from an elevated position
  • Resort-style outdoor entertaining with a sparkling pool
  • Light-filled open-plan living spaces
  • Self-contained downstairs area for extended family or dual occupancy
  • Premium finishes throughout the home
  • Prime location close to beaches, cafes, and golf courses

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Swimming Pool
  • Built-in Robes
  • Home Office / Study
  • Balcony
  • Waterfront / Views
  • Extra Storage (Shed/Linen)
  • Security Screens / Gates
  • Ceiling Fans

Rye is a highly sought-after coastal suburb renowned for its stunning beaches, vibrant cafes, and world-class golf courses. It offers a relaxed lifestyle with easy access to outdoor activities, scenic waterfronts, and a close-knit community atmosphere. The area combines natural beauty with modern amenities, making it ideal for families and lifestyle seekers. Its prime location on the Mornington Peninsula ensures a perfect balance of leisure, convenience, and breathtaking scenery.

What are the main features of this property?
This property features sweeping bay views, a sparkling pool, open-plan living spaces, a self-contained downstairs area, premium finishes, and multiple outdoor entertaining areas.
Is the property suitable for families?
Yes, the home is designed for effortless family living with spacious interiors, multiple bedrooms, and versatile living options including a self-contained area for extended family or guests.
What is the condition of the property?
The property is a modern residence with high-quality finishes, well-maintained interiors, and contemporary design elements.
Does the property have outdoor entertaining spaces?
Yes, it features expansive outdoor areas perfect for entertaining, including a sparkling pool and panoramic views.
What amenities are nearby?
The property is close to Rye's beaches, cafes, golf courses, and local amenities, providing a convenient coastal lifestyle.
Are there any upcoming council or planning applications that could affect the property or its views? Has the property been tested for flood or bushfire risks given its coastal location? Are there any easements, covenants, or zoning restrictions that could impact future development or renovations? What are the ongoing maintenance costs associated with the pool and outdoor areas? Is there any history of structural issues or repairs needed for the home? Are there any strata or community title considerations if applicable? What are the details regarding the self-contained downstairs area, including any additional costs or approvals required? Are there any noise or neighbour-related concerns in this elevated location? Is the property compliant with all local building codes and regulations? Are there any planned developments or construction projects nearby that could impact the view or lifestyle?

72 Observation Drive, Rye, Vic 3941 - More Details

$1,500,000-$1,600,000

Type
House
Bedrooms
5
Bathrooms
3
Parkings
2
Area
752 m²

Price guide

View Statement Of Information

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72 Observation Drive, Rye, Vic 3941
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