2465 Point Nepean Road, Rye, VIC 3941 sold on 29 November 2025 | OnTheHouse
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Sold on 29 Nov 2025 - Price Unavailable

2465 Point Nepean Road
Rye VIC 3941

Bedrooms: 6
Bathrooms: 3
Car spaces: 5
Floor area: 124m2
Land area: 1117m2
Sold By
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Prentice Real Estate Rye
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Property Details for 2465 Point Nepean Rd, Rye

2465 Point Nepean Rd, Rye is a 6 bedroom, 3 bathroom House with 5 parking spaces and was built in 1940. The property has a land size of 1117m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 6 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
124m2
Land Size
1117m2
Local Government
Mornington Peninsula
Lot/Plan
39/LP6330

Last Listing description (December 2025)

A rare opportunity now exists to acquire this signature holding and lifestyle package.

Ideally located directly opposite Bay Beach, boat ramp and just a short 100m stroll to Rye Hotel and a host of great eateries situated along this vibrant strip is this iconic Rye retreat. Affectionately known as 'The Palms' it is superbly set on a generous, north facing 1,117m2 allotment with a view across the foreshore reserve to the Bay. A most accommodating layout, comprising of 6 bedrooms, 3 bathrooms and garaging for up to 5 cars.

Built in a bygone era that showcases stately high ceilings, period finishes and a beautiful big wrap-around verandah, the main residence features 3 bedrooms, separate bathroom, a cosy light-filled lounge with an open fireplace, formal dining room, galley style kitchen and central heating/ cooling throughout.

An additional two detached guest retreats offer a further 3 bedrooms and 2 bathrooms, plus a second kitchen, all with split system air-conditioning and serve as an ideal option for extended family to stay, or utilise as an AirBnB option providing additional income.

Enjoy ample parking and storage for cars, boats, jet skis or caravan in the generous garage with 3-phase power and large rear yard space.

The property also comes with approved and stamped plans for a contemporary double story extension to the existing house, providing a wonderful option to create something truly unique and further capitalise on the views in this blue-chip location!

Property History for 2465 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
29 Nov 2025
  • 29 Nov 2025
    Sold
  • 14 Jun 2025
    Listed for Sale $1,690,000
  • 04 Feb 2020
    Sold for $1,375,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation.In 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,054 properties. Over the last 5 years, Houses in Rye have seen a 29.69% increase in median value, while Units have seen a 49.75% increase. As at 31 October 2025:

  • The median value for Houses in Rye is $1,008,120 while the median value for Units is $546,821.
  • Houses have a median rent of $590 while Units have a median rent of $475.
There are currently 68 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 347 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.