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142 The Esplanade, Caroline Springs VIC 3023 For Sale

142 The Esplanade, Caroline Springs VIC 3023

A Rare Lake Caroline Opportunity. One Address. Endless Possibility.

Land
Type

Published on Saturday, October 17, 2026 ( See property details for 142 The Esplanade, Caroline Springs VIC 3023)

$800,000 - $880,000

Leigh Grixti - Real Estate Agent - Ray White - Sunshine
Leigh Grixti Director | LEA | Auctioneer
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Auction Wednesday 28 October at 6:00 pm | View All

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

Exceptional lakeside land opportunity in Caroline Springs, ideal for development or building a custom family residence in a highly desirable location.

🏡 Property Highlights

  • Prime lakeside location within the highly sought-after Lake Caroline precinct
  • Exceptional development potential subject to council approval
  • Close proximity to walking trails, dining, and Caroline Springs town centre
  • Versatile opportunity for private buyers, developers, and investors
  • Established suburb with scarce, high-quality land in a premium position
  • Potential for contemporary residential development or custom family home

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area
  • Land / Development Site
  • Landscaped Outdoor Areas
  • Walking Trails Nearby
  • Close to Parks and Recreation
  • Close to Schools and Transport
  • Established Neighborhood
  • Strategic Landholding

Caroline Springs offers a vibrant community with scenic lakeside views, extensive walking and recreational trails, diverse dining options, and excellent schools. Its well-established infrastructure provides convenient access to major transport routes, making it an ideal location for families, investors, and developers seeking a high-quality lifestyle. The suburb’s scarcity of premium land parcels enhances its appeal for long-term growth and value appreciation.

What are the development restrictions or zoning regulations for this land?
Development potential is subject to council and relevant authority approval, and prospective buyers should consult local planning regulations for specific restrictions.
Are there any existing services or utilities connected to the land?
Details regarding existing services or utilities are not specified; interested parties should verify with local authorities.
What is the process for obtaining development approval?
Applicants need to submit proposals to the local council and relevant authorities for approval, which may include planning permits and compliance checks.
Are there any known environmental or bushfire risks associated with this land?
The property description does not specify environmental or bushfire risks; potential buyers should conduct appropriate assessments.
Is the land suitable for building a family residence or a development project?
Yes, the land offers flexibility for both custom family residences and larger development projects, subject to approvals.
Are there any additional costs or fees associated with obtaining planning and building approvals? Is there any existing planning or development application lodged for this land? Are there any easements, covenants, or restrictions affecting the property? What are the potential zoning changes or future development plans in the area? Has the land been tested for soil stability or environmental hazards? Are there any nearby construction or development activities that could impact the property? What are the flood or bushfire risks specific to this location? Are there any strata or community title considerations for this land? Is the land fully serviced with utilities such as water, sewer, electricity, and gas? What is the history of land use or previous approvals on this site?

142 The Esplanade, Caroline Springs VIC 3023 - More Details

A Rare Lake Caroline Opportunity. One Address. Endless Possibility.

In-Room Auction - Wednesday 28 October at 6:00pm
Taylors Lakes Hotel | 7 Melton Highway, Taylors Lakes
Auction bidding by registration

There are properties you buy for what they are today - and then there are properties you secure because of what they could become.
Positioned within the tightly held Lake Caroline precinct, this exceptional opportunity presents a chance to create something genuinely special in one of Caroline Springs' most recognised and desirable lifestyle locations.
With the lake, walking trails, dining and the heart of Caroline Springs all within easy reach, the setting immediately gives this site something that cannot be manufactured: location, lifestyle and scarcity.

For the developer, the opportunity is compelling. Subject to the relevant approvals, the site lends itself to the creation of a sophisticated residential development that responds to its premium surrounds - contemporary architecture, considered design and residences positioned to capitalise on the appeal of lakeside living.

For the private buyer, the proposition is equally exciting.
This is an opportunity to move beyond purchasing somebody else's vision and instead create your own - an architecturally considered family residence designed specifically around the way you want to live. Think generous entertaining spaces, refined interiors, landscaped outdoor areas and a home worthy of its position within one of Caroline Springs' most established pockets.

And for the investor or landholder, it represents the increasingly rare chance to secure a strategic parcel of real estate within an established suburb where quality land in premium positions is becoming harder to replace.
What makes this opportunity particularly special is the lifestyle surrounding it.
Lake Caroline forms the backdrop to a neighbourhood built around walking, dining, recreation and convenience. Caroline Springs Town Centre, cafes, restaurants, schools, parklands and transport options are all close by, while major arterial connections provide straightforward access throughout Melbourne's west and beyond.

This is not simply a development site.
It is an opportunity to design, develop or create something worthy of the address.
Whether your vision is a boutique residential project, a landmark new home or a long-term investment in one of Caroline Springs' most coveted locations, opportunities of this calibre are rarely offered.
The land is here. The location is established. What comes next is entirely up to you.

For further information, documentation or to register your interest for auction, contact Leigh Grixti or Peter Travlos today.
Development potential is subject to council and relevant authority approval.
Type
Land
Area
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Auctions

  • 142 The Esplanade, Caroline Springs VIC 3023

    Wednesday 28 October
    6:00 pm
    Add to calandar Remind Me

Map & nearby places — 142 The Esplanade, Caroline Springs VIC 3023

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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.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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