5 Daveys Bay Road, Mount Eliza, VIC, 3930, Australia

Option 1. Move in and enjoy this stunning residence with panoramic bay views.
Option 2. Subdivide the property, keep the original home while selling the rear lot.
Option 3. Demolish the current home and build two new homes (planning permit approved)

Wedding old-world elegance with an exclusive position in Mt Eliza’s Golden Mile, this long-held and magnificently sized beachside residence on 2/3rds of an acre (approx) backdropped by expansive bay vistas invites exciting new beginnings for families or lucrative redevelopment possibilities (Integrated 2 lot subdivision already approved) . Set amid exquisite parklike gardens, constructed circa 1920s. Displaying all the hallmarks of the era with lofty strapped ceilings, plate rails and timber wall panelling, the two-storey residence has been updated and expanded throughout the decades in sympathetic accord with the original character. Strolling distance to the beach, Daveys Bay Yacht Club and Toorak College, the home features five bedrooms, 3.5 bathrooms, three living zones, a formal dining room, library office and a classic kitchen, while multiple sets of glass doors open to a north-facing wisteria-laced verandah and a poolside alfresco terrace to entertain outdoors.

• Sprawling 1920s home with 3 living zones & formal dining
• North-facing aspect & panoramic views across the bay
• Classic kitchen with Miele dishwasher & St George dual oven
• Lofty strapped ceilings, timber wall panelling, sash windows & plate rails
• Wraparound verandah & brick terrace with lagoon pool & tiled spa
• Spacious master with bay view, walk-in robe, built-in robe & ensuite
• Zoned upper wing with retreat, 2 bedrooms opening to balcony
• Full family bathroom with shower & bath, plus additional powder room
• Double carport & exquisite parklike gardens with fragrant wisteria
• Stroll to Daveys Bay Yacht Club, Canadian Bay Beach & Toorak College
• Short drive or 20 minute walk to village
• Plans preapproved and available to view for integrated 2 lot subdivision