538 Esplanade, Mount Martha, VIC 3934 sold on 28 April 2026 | OnTheHouse
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Sold on 28 Apr 2026 - Price Unavailable

538 Esplanade
Mount Martha VIC 3934

Bedrooms: 6
Bathrooms: 7
Car spaces: 2
Floor area: 222m2
Land area: 1806m2
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Property Details for 538 Esplanade, Mount Martha

538 Esplanade, Mount Martha is a 6 bedroom, 7 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 1806m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 6 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
222m2
Land Size
1806m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS500192

Last Listing description (May 2026)

Presiding over a coveted beachfront position that offers stunning bay views and direct access to the sand, this iconic c1892 estate of 1,806sqm (approx.) carries timeless charm across a setting that emphasises privacy, proportions and proximity. With Mount Martha Village only moments away, 'The Villas' is a once-in-a-generation masterpiece where serenity prevails and the chaos of the world dissolves. With three separately accessed villas complementing a main residence, the home's every detail has been conceived to honour its surroundings. From the striking ceiling heights and thoughtfully designed glazing to the inviting textures of its landscaped gardens and outdoor entertaining spaces. Inside, a tranquil ambiance permeates two distinct entertaining zones, complemented by a well-appointed kitchen featuring top-tier cooking amenities and a convenient servery window that gracefully transitions to a covered alfresco area, adjacent to the stunning solar-heated pool and spa. Lush lawns and garden rooms open entertaining space beyond the interior, accented by a private outdoor shower, putting green, kitchen garden, and discrete shedding with workshop. The gentle crackle of an open fireplace infuses warmth throughout the home, with two of the three bedrooms adorned with exquisite original fireplaces that add a touch of charm, including the master suite, complete with ensuite with underfloor heating. Benefiting from a first-floor office, a main bathroom with underfloor heating, a separately accessed office with bathroom, and a spacious laundry, the main residence comes complete with split-system air conditioning and a tandem garage. With a demonstrated history of success as profitable short-stay accommodation, three separately accessed one-bedroom units present a remarkable opportunity for generating additional income or providing extra space for family and guests. Positioned within easy reach of Balcombe Grammar School, Citation Oval, Balcombe Estuary, and Mount Martha North Beach.

Property History for 538 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
28 Apr 2026
  • 28 Apr 2026
    Sold
  • 13 Apr 2026
    Listed for Sale SOLD
  • 04 Nov 2019
    Sold for $3,250,000
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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 9,683 properties. Over the last 5 years, Houses in Mount Martha have seen a 10.77% increase in median value, while Units have seen a 14.53% increase. As at 31 March 2026:

  • The median value for Houses in Mount Martha is $1,473,290 while the median value for Units is $855,759.
  • Houses have a median rent of $840 while Units have a median rent of $635.
There are currently 40 properties listed for sale, and 3 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.

Suburb Insights for Mount Martha 3934

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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.