336 Esplanade, Mount Martha, VIC 3934 | House for sale | OnTheHouse
 
FOR SALE
$2,700,000 - $2,950,000

336 Esplanade
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 1659m2
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ELEVATED WATERFRONT LIVING WITH UNINTERRUPTED BAY VIEWS AND APPROVED PLANS

Capturing one of the best uninterrupted views across the Mornington Peninsula to the Melbourne CBD skyline, with stunning sunsets throughout the year, this prized and extremely rare elevated cliff top property presents a rare opportunity to secure a premium waterfront lifestyle, capturing the essence of living in any of the captivating rivieras in Europe, with approved plans ready to bring a landmark residence to life.
Set across approximately 1,659m2 over two lots with breathtaking water frontage spanning circa 147 feet, the property currently comprises a well positioned 3-bedroom, 2-bathroom coastal residence, complete with double lockup garage with internal access and an inviting open stone fireplace, offering immediate comfort.
The property is further enhanced by council endorsed plans for a sublime architecturally designed residence, complete with full working drawings, landscape plans and engineering specifications, providing a clear pathway to immediately commence construction. The approved design showcases a 4-bedroom residence including separate master guest wing, 3.5 bathrooms, infinity pool and spa, expansive terrace with entertaining area overlooking the waterfront views, theatre room, bespoke cellar, full office area, rear courtyard, elevator and a spacious 4 car garage, with all living and bedroom zones oriented to capture the expansive panoramic water views.
For those seeking an alternative approach, the dual lots present the flexibility to create two individual residences, one on each allotment (STCA), or alternatively hold as a long term lifestyle investment.
Whichever vision you pursue, this rare offering delivers an abundance of lifestyle benefits, with Mount Martha serving as the gateway to world class wineries, golf courses and beaches, while being positioned close to Mount Martha village and just over an hour from Melbourne's CBD.
Enjoy the tranquility of Mount Martha beach which has recently been voted the best beach in Victoria and in the top 10 beaches in Australia.
Property specifications:
-Coveted elevated corner waterfront allotment
-Clear title with no easements
-Uninterrupted 180 degree panoramic waterfront views that cannot be built out
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Property Details for 336 Esplanade, Mount Martha

336 Esplanade, Mount Martha is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1659m2 and floor size of 135m2. The place is currently for sale with Danckert Real Estate.

Building Type
House
Floor Size
135m2
Land Size
1659m2
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. There are 43 parks, covering nearly 11.5% of the total area. The population of Mount Martha in 2016 was 18548 people. By 2021 the population was 19846 showing a population growth of 7.0% in the area during that time. The predominant age group in Mount Martha is 10-19 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation.In 2021, 84.20% of the homes in Mount Martha were owner-occupied compared with 82.40% in 2016.

Mount Martha has 9,670 properties. Over the last 5 years, Houses in Mount Martha have seen a 6.10% increase in median value, while Units have seen a 10.72% increase. As at 30 April 2026:

  • The median value for Houses in Mount Martha is $1,459,176 while the median value for Units is $840,028.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 5 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Mount martha.

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Alex Corradi
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