2465 Point Nepean RoadRye VIC 3941
Property Details for 2465 Point Nepean Rd, Rye
2465 Point Nepean Rd, Rye is a 3 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 3 bedroom House sold in Rye in the last 12 months.
Last Listing description (April 2026)
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
- 25 Nov 2025Sold for $1,550,000
- 14 Jun 2025Listed for Sale $1,690,000
- 04 Feb 2020Sold for $1,375,000
Recent sales nearby
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About Rye 3941
The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,061 properties. Over the last 5 years, Houses in Rye have seen a -0.99% decrease in median value, while Units have seen a 5.96% increase. As at 30 April 2026:
- The median value for Houses in Rye is $998,675 while the median value for Units is $640,646.
- Houses have a median rent of $600 while Units have a median rent of $495.
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