296 Esplanade, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
 
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296 Esplanade
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 6
Car spaces: 5
Land area: 2038m2
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Property Details for 296 Esplanade, Mount Martha

296 Esplanade, Mount Martha is a 4 bedroom, 6 bathroom House with 5 parking spaces. The property has a land size of 2038m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Land Size
2038m2
Local Government
Mornington Peninsula
Lot/Plan
79~B/LP7097

Last Listing description (April 2024)

Experience the epitome of coastal luxury in this stunning contemporary home on the Mornington Peninsula. Meticulously designed by Peter Woodard of multi-award-winning Studio 101 Architects, with bespoke construction and flawless style, this 2,055m2 approx. property seamlessly blends detailed functionality with exquisite finishes throughout.

The home itself is a masterpiece of quality, flair, and design ingenuity, featuring rammed earth, Corten steel walls, polished concrete aggregate floors, and glossy timber that harmonize with the natural coastal environment, evoking the sensation of walking a pier on Port Phillip Bay.

Step inside through the grand giant pivoting front door to discover multiple living areas, each exuding relaxing elegance. Floor-to-ceiling windows adorn the open lounge and dining areas, complemented by an adjoining stone-topped kitchen perfectly configured for culinary enthusiasts. The outdoor pavilion beckons with a 14m lap pool and multiple entertainer decks, creating a haven for both relaxation and social gatherings.

Ascend to the magnificent upper-level master suite with a striking bay outlook, custom-fitted walk-in robe, and his and hers ensuites with venetian plaster. Three additional bedrooms boast their own ensuites, while an extra guest bedroom and private home office provide ample space for solitude. Practical features abound, including a fully automated smart home system, laundry/mudroom, generous cellar/storage room, home gym, reverse-cycle heating/cooling, integrated sound system, an extra-large double garage with storage and ample parking for at least 5 additional vehicles (boats/caravan etc), a rarity for this location.

Situated within close proximity to Mt Martha's vibrant village, expansive sandy beaches and the Rocks ripe for fishing or scuba diving. With easy access to the Balcombe Estuary boardwalk stretching from the beach up to The Briars Conservation Park, this home offers a life of serenity and convenience in the highly desirable beachside village.

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Property History for 296 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$3,660,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $3,660,000
  • 04 Dec 2023
    Listed for Sale $3,900,000 - $4,200,000
  • 24 Nov 2002
    Sold for $570,000
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. It has 43 parks covering nearly 11.5% of 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 9,668 properties. Over the last 5 years, Houses in Mount Martha have seen a 25.98% increase in median value, while Units have seen a 30.24% increase. As at 30 November 2025:

  • The median value for Houses in Mount Martha is $1,450,650 while the median value for Units is $865,001.
  • Houses have a median rent of $800 while Units have a median rent of $628.
There are currently 44 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 443 properties were sold in the past 12 months in Mount martha.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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