127 Palm Beach Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

127 Palm Beach Drive
Patterson Lakes VIC 3197

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 806m2
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Property Details for 127 Palm Beach Dr, Patterson Lakes

127 Palm Beach Dr, Patterson Lakes is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 806m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Land Size
806m2
Local Government
Kingston
Lot/Plan
520/LP210438

Last Listing description (August 2024)

ITS ADDRESSED
This stunning property is the epitome of luxury, offering an enormous 817sqm block with absolute waterfront access and a private jetty onto Patterson Lakes. Enjoy your own oasis, directly opposite a beautiful nature reserve and Kananook Creek.

Admire the opulent double entry doors and the contemporary arc-design facade that showcases the home's architectural flair. Framed by lush palm trees, the property exudes a sense of tropical paradise.

This beautiful home boasts a spacious open-plan layout with high ceilings, full-height windows, and painted feature walls. Cozy up in front of the gorgeous fireplace in the main living area or entertain your guests in the purpose-built bar, complete with a refrigerator and punctuated by a glass brick low divider.

The glamorous timber and granite kitchen is a chef's delight, featuring an elegant gooseneck mixer, LED-lit glass display cabinets, a raised tray ceiling, and a stunning arc breakfast island with 40mm rounded-edge jet-black stone bench tops. Additional highlights are 900mm cooking appliances, an integrated dishwasher and a glass splashback.

The upper floor glass balustrade balcony provides epic waterfront views, as does the lush yard and alfresco dining area, complete with an expansive paved area for entertaining and a Bali-inspired cabana. The built-in jet spa with an outdoor shower is perfect for relaxing, and the designer landscaping in the backyard offers plenty of space to play.

An impeccable open-tread staircase leads to multiple living spaces and a study nook. Four large bedrooms feature premium carpet and plentiful robe storage. The stunning bathrooms are finished to perfection, with the generously-sized ensuite boasting a freestanding bathtub, full-height tiles, double vanity, and matte-black semi-framed shower.

The property also features dual double lock-up garages with rear access and abundant driveway parking, a ducted vacuum system, refrigerated and evaporative cooling, and easy access to the Mornington Peninsula Freeway. The location is unbeatable, just a short 10-minute walk to Patterson River Secondary College and an 8-minute drive to Carrum Beach. Plus, it's just a short drive to the train station, restaurants, cafes, and shops.

Don't miss this opportunity to experience luxury waterfront living at its finest. Contact us today to schedule a viewing and fall in love with your new home.

Property Specifications:
? Immaculate double-storey four-bedder with resort-style outdoor recreation spaces
? Multiple living spaces, ducted cooling and vacuum, NBN, downlights and more
? Purpose built bar
? Secure parking for 4+ vehicles
? Premium location

For more Real Estate in Patterson Lakes, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 127 Palm Beach Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$2,900,000
24 Jul 2023
  • 24 Jul 2023
    Sold for $2,900,000
  • 23 Feb 2023
    Listed for Sale $2,950,000
  • 20 Nov 1998
    Sold for $300,000
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About Patterson Lakes 3197

The size of Patterson Lakes is approximately 4.3 square kilometres. It has 17 parks covering nearly 11.5% of total area. The population of Patterson Lakes in 2016 was 7564 people. By 2021 the population was 7793 showing a population growth of 3.0% in the area during that time. The predominant age group in Patterson Lakes is 50-59 years. Households in Patterson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Patterson Lakes work in a professional occupation.In 2021, 79.50% of the homes in Patterson Lakes were owner-occupied compared with 79.40% in 2016.

Patterson Lakes has 4,030 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 37.40% increase in median value, while Units have seen a 25.67% increase. As at 30 November 2025:

  • The median value for Houses in Patterson Lakes is $1,366,139 while the median value for Units is $697,877.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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Cotality Copyright and Legal Disclaimers about Property Data
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.