118 Tower Road, Mount Eliza, VIC 3930 | House for sale | OnTheHouse
FOR SALE
FOR SALE

118 Tower Road
Mount Eliza VIC 3930

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 2584m2
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Timeless Scandinavian Grandeur with Expansive Bay Views

A statement of timeless elegance and enduring grandeur, this exceptional Scandinavian residence presents a rare opportunity to experience an extraordinary family lifestyle on approximately 2,584sqm, framed by beautiful bay views and established gardens.
Privately positioned within one of Mount Eliza's most coveted settings, this remarkable home combines refined architecture, generous proportions and an unmistakable sense of prestige, while placing the very best of the Mornington Peninsula within easy reach.
Approached via an expansive, hedge-lined driveway, the residence makes an unforgettable first impression. A grand entrance introduces a sweeping staircase, striking checkerboard tiled floors and soaring ceilings, establishing an atmosphere of scale and sophistication that continues throughout.
Designed for both grand entertaining and relaxed family living, the home offers five distinct living spaces. The formal lounge is particularly impressive, centred around a traditional marble fireplace and illuminated by exquisite crystal chandeliers, with tranquil views extending across the beautifully manicured grounds.
Bathed in natural light, the expansive family, meals and kitchen area forms the true heart of the residence. Framed by picturesque garden outlooks, a pond and elegant pergola, this inviting space effortlessly connects everyday family living with sophisticated entertaining. The kitchen is appointed with stone benchtops, quality appliances and bespoke custom cabinetry, balancing functionality with timeless appeal.
Upstairs, an intimate winter lounge provides a private sanctuary for the family, anchored by a magnificent marble wood fireplace and opening onto a balcony with sweeping water views. It is a setting perfectly suited to quiet evenings, relaxed entertaining or simply taking in the beauty of the surrounding landscape.
The master suite delivers a sense of indulgence, featuring generous walk-in robes and a luxurious marble-topped spa ensuite. Four additional bedrooms, each appointed with built-in robes, are thoughtfully serviced by two family bathrooms.
Above the three-car garage, an expansive rumpus room provides exceptional flexibility - an ideal teenage retreat, games room, private gym or additional living zone, depending on the needs of the family.
Every element has been considered to provide effortless comfort throughout the seasons, with ducted gas heating, ducted reverse-cycle air conditioning and ceiling fans complementing the home's substantial proportions.
A comprehensive suite of additional features includes a rainwater tank, ducted vacuum, intercom system, security system, automated reticulation throughout the extensive grounds, a substantial workshop and secure three-car garaging.
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Property Details for 118 Tower Rd, Mount Eliza

118 Tower Rd, Mount Eliza is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 2584m2. The place is currently for sale with Ray White Mount Waverley.

Building Type
House
Land Size
2584m2
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About Mount Eliza 3930

The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.

Mount Eliza has 7,902 properties. Over the last 5 years, Houses in Mount Eliza have seen a -2.79% decrease in median value, while Units have seen a 10.27% increase. As at 31 July 2026:

  • The median value for Houses in Mount Eliza is $1,695,054 while the median value for Units is $753,849.
  • Houses have a median rent of $1,070 while Units have a median rent of $595.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 344 properties were sold in the past 12 months in Mount eliza.

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Max Turner
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Jacob Biviano
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Ray White Mount Waverley
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.