24 Masters Way, Lancelin is a 3 bedroom, 2 bathroom Other with 8 parking spaces. The property has a land size of 1764m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom Other sold in Lancelin in the last 12 months.
Imagine having the freedom to live exactly the way you want - space for the boat, the truck, the caravan, the workshop, the business and every project waiting to come to life, while only steps away is a sophisticated contemporary home created for comfort, entertaining and effortless coastal living.
That is 24 Masters Way.
Set on an impressive 1,764sqm corner block, this remarkable industrial-zoned property brings together a combination increasingly difficult to find in Lancelin: an established residence, serious shed and workshop space, generous land and the freedom of a genuine live-and-work lifestyle.
And what a transformation awaits inside!
The residence has been extensively renovated and reimagined, with contemporary finishes, generous proportions and a warm, refined interior that feels completely removed from the working spaces beyond.
At the heart of the home is a striking custom-made kitchen, crafted by a reputable local cabinetmaker. Rich cabinetry, expansive benchtops and an oversized island create a centrepiece made for cooking, gathering and entertaining. Pull up a stool, pour a glass, prepare dinner and let the conversation flow. A generous walk-in pantry keeps everything organised and out of sight.
The kitchen opens effortlessly to spacious living and dining areas, where warm timber-look flooring and a wood-burning fire bring character and comfort. There is room here to gather, room to retreat and, most importantly, room to live.
The master suite continues the sense of scale. Generous and private, it features a walk-in robe and an impressive renovated ensuite with twin vanities, a freestanding bath, oversized shower and floor-to-ceiling tiling - your own retreat at the end of the day. Two further spacious bedrooms and a second renovated bathroom complete the home's accommodation.
AND THEN THERE'S THE SHED...
This is where 24 Masters Way changes gear.
The substantial sheds and workshop areas are ready for those who need serious space - boats, crayfishing gear, caravans, trucks, machinery, vehicles, tools, storage or business operations. With three-phase power, an additional bathroom servicing the shed area and expansive working space, this is far more than somewhere to park the toys.
The 1,764sqm corner position with dual access adds another level of practicality, providing excellent access and manoeuvrability for larger vehicles and equipment. Outside, generous yard and lawn areas, established trees and undercover entertaining space ensure there is still plenty of room to relax.
Live here. Work here. Create here. Entertain here.
Bring the boat. Bring the business. Bring the big ideas.
This is a property where lifestyle and livelihood can sit comfortably side by side.
PROPERTY FEATURES
• Extensively renovated 3-bedroom residence
• 1,764sqm corner block with dual access
• Industrial zoning with existing residential use
• Custom-made contemporary kitchen by a reputable local cabinetmaker
• Oversized island and generous preparation space
• Walk-in pantry
• Expansive open-plan living and dining
• Wood-burning fireplace
• Reverse-cycle air conditioning
• Three generously proportioned bedrooms
• Walk-in robe to the master suite
• Renovated master ensuite with freestanding bath, twin vanities and oversized shower
• Second fully renovated bathroom within the residence
• Additional bathroom servicing the shed/workshop area
• Two substantial sheds/workshop areas
• Three-phase power
• Bore
• Excellent space for boats, crayfishing equipment, caravans, trucks and machinery
• Excellent vehicle access and manoeuvring space
• Generous lawn and yard areas
• Undercover outdoor entertaining area
ONE ADDRESS. A WORLD OF POSSIBILITY!
For the owner-operator, entrepreneur, tradesperson, fishing or marine business, collector, investor or anyone dreaming of more room and fewer compromises, 24 Masters Way offers a combination that is extraordinarily difficult to replicate.
The residence has the refinement.
The sheds have the scale.
The land gives you the freedom.
And the opportunity is yours to seize.
ðŸ"ž Call Caroline Daniel today on 0400 669 519 to arrange your viewing and register your interest for the auction.
Come and see it. Imagine the possibilities. Make it yours.
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DISCLAIMER: Whilst every care has been taken in the preparation of this advertisement, the information contained herein is provided for general information only and is not intended to constitute a representation or warranty. Buyers should make their own enquiries and obtain independent advice regarding the property, zoning, permitted uses, measurements and all other matters of importance to them.
The size of Lancelin is approximately 44.0 square kilometres. There are 4 parks, covering nearly 14.8% of the total area. The population of Lancelin in 2016 was 726 people. By 2021 the population was 786 showing a population growth of 8.3% in the area during that time. The predominant age group in Lancelin is 60-69 years. Households in Lancelin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lancelin work in a labourer occupation.In 2021, 61.40% of the homes in Lancelin were owner-occupied compared with 61.70% in 2016.
Lancelin has 1,369 properties. Over the last 5 years, Houses in Lancelin have seen a 76.01% increase in median value, while Units have seen a 72.04% increase. As at 31 October 2026:
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