336 Esplanade

Mount Martha VIC 3934

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-Enjoy uninterrupted stunning sunsets and Melbourne CBD skyline every day and evening throughout the year-Unobstructed outlook free from overhead powerlines-Geographically positioned on a sealed service road and elevated off the main road-Two separate lots with a combined area of circa 1,659m2-Ready to go council endorsed plans expiring on 31 March 2029-Existing planning permit allows for the removal of all existing trees and vegetation-Favourable geotech and soil report-Abundance of off street and on street parking-Existing home offers 2 spacious covered outdoor entertainment areas as well as integrated reverse cycle central heating and cooling system together with 2 separate independent heating and cooling split systems.