5 Prentice Ave, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 755m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Nestled in the serene and picturesque Rye, this impeccably maintained 3 bedroom 2 bathroom single-level gem sitting on 753m2 corner allotment, beckons with the promise of a lifetime of cherished memories.
The home opens to single-level ease, with two separate living areas and a central, well-appointed kitchen including pantry, dishwasher & wall oven. Gently vaulted, timber ceilings beautifully reflect the natural light and overall warmth, with generous windows providing a tranquil connection to the garden from every room. Split system air conditioning providing comfort over summer, whilst a wall gas heater keeps the whole home toasty over the cooler months. Outside, beautifully maintained low maintenance native gardens, with room for a pool (STCA).
Whether you are looking for your forever home, a holiday escape, or a renovation project that will yield incredible rewards, this property offers endless possibilities for the discerning buyer. With the promise of a potential treetop aspect all the way to the Bay, your future here is blessed with the opportunity to renovate and extend (STCA), maximising the potential views and making them uniquely your own. This blank canvas invites a creative buyer to transform this home into a dream coastal sanctuary.
Just moments away from pristine beaches, renowned wineries, exceptional dining, and all the delights this coastal paradise has to offer. Don't miss your chance to own a piece of coastal paradise in one of the most sought-after locations on the Mornington Peninsula.
It's not just a home; it's a lifestyle.
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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:
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