{"Slug":"house-72-observation-drive-rye-vic-3941-2","CanonicalUrl":"https://realsearch.com.au/house-72-observation-drive-rye-vic-3941-2","Address":"72 Observation Drive, Rye, Vic 3941","Suburb":"Rye","State":"VIC","Postcode":"3941","PropertyType":"House","Status":"Sold","Headline":null,"Description":"Elevated in one of Rye's most prestigious, tightly held heights, 72 Observation Drive is a premier Spring opportunity. If you have been searching for a substantial, modern coastal retreat with genuine multi-family capability and panoramic blue-water views, this is your destination. Crafted for lifestyle entertaining and effortless flexibility, this expansive 5-bedroom, 3-bathroom residence blends architectural light with premium coastal luxury.The Upper Level: Light, Views & Entertaining.- Panoramic Bay Vistas : Open-plan living zones framed by floor-to-ceiling glass capturing sweeping bay views.- Seamless Flow : Transition effortlessly from the premium indoor living spaces out to expansive decking.- Resort Living : Relax on the deck or by the sparkling pool, backdropped by an outstanding Peninsula outlook.The Lower Level: Ultimate Versatility & Dual-Occupancy- Self-Contained : A substantial downstairs zone featuring independent living quarters.- Flexible Layout : Ideal for extended families, hosting dual holiday groups, a teenage retreat or prime guest stays.- Future Potential : Ample space and a brilliant layout configured to easily accommodate future modifications or a garage conversion down the track.- The Location : Positioned just moments from Rye's vibrant cafes, pristine front and back beaches, world-class golf courses and hot springs.Opportunities of this scale, footprint and view calibre are exceptionally rare at a this price point. Secure your inspection ahead of the peak Spring rush.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$1,300,000"},"Bedrooms":"5","Bathrooms":"3","Parking":"2","Features":[{"Name":"Bedrooms","Value":"5"},{"Name":"Bathrooms","Value":"3"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"752 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.38206483,"Longitude":144.8285929,"Agent":{"Name":"Darren Sadler","CanonicalUrl":"https://realsearch.com.au/agent/darren-sadler"},"Agency":{"Name":"Woodards Peninsula - DROMANA","CanonicalUrl":"https://realsearch.com.au/agency/woodards-peninsula-dromana"},"CreatedAt":"2026-06-02T12:02:51.9857639","UpdatedAt":"2026-10-06T08:49:07.26"}