$1,300,000

5 Bed  •  3 Bath  •  2 Car

Main view of Homely house listing, 72 Observation Drive, Rye VIC 3941
Second view of Homely house listing, 72 Observation Drive, Rye VIC 3941
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Floorplan of Homely house listing, 72 Observation Drive, Rye VIC 3941

Sold

72 Observation Drive, Rye VIC 3941

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$1,300,000

  • 5
  • 3
  • 2

House Sold on Tue 29 Sep, 2026

What's around Observation Drive

House description

“SPRING SALE | BREATHTAKING BAY VIEWS”

Elevated in one of Rye's most prestigious, tightly held heights, 72 Observation Drive is a premier Spring opportunity. If you have been searching for a substantial, modern coastal retreat with genuine multi-family capability and panoramic blue-water views, this is your destination. Crafted for lifestyle entertaining and effortless flexibility, this expansive 5-bedroom, 3-bathroom residence blends architectural light with premium coastal luxury.
The Upper Level: Light, Views & Entertaining.
- Panoramic Bay Vistas : Open-plan living zones framed by floor-to-ceiling glass capturing sweeping bay views.
- Seamless Flow : Transition effortlessly from the premium indoor living spaces out to expansive decking.
- Resort Living : Relax on the deck or by the sparkling pool, backdropped by an outstanding Peninsula outlook.
The Lower Level: Ultimate Versatility & Dual-Occupancy
- Self-Contained : A substantial downstairs zone featuring independent living quarters.
- Flexible Layout : Ideal for extended families, hosting dual holiday groups, a teenage retreat or prime guest stays.
- Future Potential : Ample space and a brilliant layout configured to easily accommodate future modifications or a garage conversion down the track.
- The Location : Positioned just moments from Rye's vibrant cafes, pristine front and back beaches, world-class golf courses and hot springs.
Opportunities of this scale, footprint and view calibre are exceptionally rare at a this price point. Secure your inspection ahead of the peak Spring rush.

Property features

balcony

Balcony

deck

Deck

dishwasher

Dishwasher

floorboards

Floorboards

livingAreas

Living Areas: 2

poolInGround

In-Ground Pool

solarPanels

Solar Panels

toilets

Toilets: 3

Land details

Area: 752m²

Property video

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Interactive media & resources

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Fourth view of Homely house listing, 72 Observation Drive, Rye VIC 3941View more

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