48 Rutland Avenue, Mount Eliza VIC 3930

A rare opportunity presents to secure a foothold in the Ranelagh Estate featuring bay views from the second level, a location near the Mt Eliza Village shops and potential to renovate or start afresh (STCA).

This largely original beachside home rests on a generous 844sqm (approx) parcel of land in a magic setting mid-way (approx) between the village and the beach.

Stroll to cafes, restaurants and boutiques from this prestigious position and to the pristine shores and bathing boxes of Ranelagh Beach and the Ranelagh Club in similarly relaxed fashion.

The deep allotment is surrounded by luxury homes and minutes to some of the region’s most exclusive schools, including Toorak College and Peninsula Grammar.

The options here are exceptional – enjoy as is; renovate by the sea; or live in/lease out while you plan your dream new home (STCA).

The fresh 4-bedroom interior showcases multiple living zones, polished floorboards and decks on each level. Bay views and treetop sunsets add sparkle upstairs.

New carpet, new blinds and new paint work feature inside, along with stainless steel appliances to the neat kitchen, including a gas cooktop.

The back yard is a blank canvas with room for a pool (STCA) and plenty of space for children to play.

Other features include ducted gas heating, a double carport, a study nook, an ensuited master bedroom with a walk-in robe, and private street frontage.

This is a stunning opportunity to enjoy a blue-ribbon village and beach lifestyle on the Peninsula.