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336 Esplanade, Mount Martha, VIC 3934

336 Esplanade, Mount Martha, VIC 3934

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$2,950,000 - $3,200,000

336 Esplanade, Mount Martha, VIC 3934

3

2

2

1659m²

0m²

house - house: one storey / lowset

Property Description

Listed on 7 Apr 2026

Capturing​ ​one​ ​of​ ​the​ ​best​ ​uninterrupted​ ​views​ ​across​ ​the​ ​Mornington​ ​Peninsula​ ​to​ ​the​ ​Melbourne​ ​CBD​ ​skyline,​ ​with​ ​stunning​ ​sunsets​ ​throughout​ ​the​ ​year,​ ​this​ ​prized​ ​and​ ​extremely​ ​rare​ ​elevated​ ​cliff​ ​top​ ​property​ ​presents​ ​a​ ​rare​ ​opportunity​ ​to​ ​secure​ ​a​ ​premium​ ​waterfront​ ​lifestyle,​ ​capturing​ ​the​ ​essence​ ​of​ ​living​ ​in​ ​any​ ​of​ ​the​ ​captivating​ ​rivieras​ ​in​ ​Europe,​ ​with​ ​approved​ ​plans​ ​ready​ ​to​ ​bring​ ​a​ ​landmark​ ​residence​ ​to​ ​life.

Set​ ​across​ ​approximately​ ​1,659m2​ ​over​ ​two​ ​lots​ ​with​ ​breathtaking​ ​water​ ​frontage​ ​spanning​ ​circa​ ​147​ ​feet,​ ​the​ ​property​ ​currently​ ​comprises​ ​a​ ​well​ ​positioned​ ​3-bedroom,​ ​2-bathroom​ ​coastal​ ​residence,​ ​complete​ ​with​ ​double​ ​lockup​ ​garage​ ​with​ ​internal​ ​access​ ​and​ ​an​ ​inviting​ ​open​ ​stone​ ​fireplace,​ ​offering​ ​immediate​ ​comfort.​ ​

The​ ​property​ ​is​ ​further​ ​enhanced​ ​by​ ​council​ ​endorsed​ ​plans​ ​for​ ​a​ ​sublime​ ​architecturally​ ​designed​ ​residence,​ ​complete​ ​with​ ​full​ ​working​ ​drawings,​ ​landscape​ ​plans​ ​and​ ​engineering​ ​specifications,​ ​providing​ ​a​ ​clear​ ​pathway​ ​to​ ​immediately​ ​commence​ ​construction.​ ​The​ ​approved​ ​design​ ​showcases​ ​a​ ​4-bedroom​ ​residence​ ​including​ ​separate​ ​master​ ​guest​ ​wing,​ ​3.5​ ​bathrooms,​ ​infinity​ ​pool​ ​and​ ​spa,​ ​expansive​ ​terrace​ ​with​ ​entertaining​ ​area​ ​overlooking​ ​the​ ​waterfront​ ​views,​ ​theatre​ ​room,​ ​bespoke​ ​cellar,​ ​full​ ​office​ ​area,​ ​rear​ ​courtyard,​ ​elevator​ ​and​ ​a​ ​spacious​ ​4​ ​car​ ​garage,​ ​with​ ​all​ ​living​ ​and​ ​bedroom​ ​zones​ ​oriented​ ​to​ ​capture​ ​the​ ​expansive​ ​panoramic​ ​water​ ​views.

For​ ​those​ ​seeking​ ​an​ ​alternative​ ​approach,​ ​the​ ​dual​ ​lots​ ​present​ ​the​ ​flexibility​ ​to​ ​create​ ​two​ ​individual​ ​residences,​ ​one​ ​on​ ​each​ ​allotment​ ​(STCA),​ ​or​ ​alternatively​ ​hold​ ​as​ ​a​ ​long​ ​term​ ​lifestyle​ ​investment.

Whichever​ ​vision​ ​you​ ​pursue,​ ​this​ ​rare​ ​offering​ ​delivers​ ​an​ ​abundance​ ​of​ ​lifestyle​ ​benefits,​ ​with​ ​Mount​ ​Martha​ ​serving​ ​as​ ​the​ ​gateway​ ​to​ ​world​ ​class​ ​wineries,​ ​golf​ ​courses​ ​and​ ​beaches,​ ​while​ ​being​ ​positioned​ ​close​ ​to​ ​Mount​ ​Martha​ ​village​ ​and​ ​just​ ​over​ ​an​ ​hour​ ​from​ ​Melbourne's​ ​CBD.

Enjoy​ ​the​ ​tranquility​ ​of​ ​Mount​ ​Martha​ ​beach​ ​which​ ​has​ ​recently​ ​been​ ​voted​ ​the​ ​best​ ​beach​ ​in​ ​Victoria​ ​and​ ​in​ ​the​ ​top​ ​10​ ​beaches​ ​in​ ​Australia.

Property​ ​specifications:
-Coveted​ ​elevated​ ​corner​ ​waterfront​ ​allotment
-Clear​ ​title​ ​with​ ​no​ ​easements
-Uninterrupted​ ​180​ ​degree​ ​panoramic​ ​waterfront​ ​views​ ​that​ ​cannot​ ​be​ ​built​ ​out
-Enjoy​ ​uninterrupted​ ​stunning​ ​sunsets​ ​and​ ​Melbourne​ ​CBD​ ​skyline​ ​every​ ​day​ ​and​ ​evening​ ​throughout​ ​the​ ​year
-Unobstructed​ ​outlook​ ​free​ ​from​ ​overhead​ ​powerlines
-Geographically​ ​positioned​ ​on​ ​a​ ​sealed​ ​service​ ​road​ ​and​ ​elevated​ ​off​ ​the​ ​main​ ​road
-Two​ ​separate​ ​lots​ ​with​ ​a​ ​combined​ ​area​ ​of​ ​circa​ ​1,659m2
-Ready​ ​to​ ​go​ ​council​ ​endorsed​ ​plans​ ​expiring​ ​on​ ​31​ ​March​ ​2029
-Existing​ ​planning​ ​permit​ ​allows​ ​for​ ​the​ ​removal​ ​of​ ​all​ ​existing​ ​trees​ ​and​ ​vegetation
-Favourable​ ​geotech​ ​and​ ​soil​ ​report
-Abundance​ ​of​ ​off​ ​street​ ​and​ ​on​ ​street​ ​parking
-Existing​ ​home​ ​offers​ ​2​ ​spacious​ ​covered​ ​outdoor​ ​entertainment​ ​areas​ ​as​ ​well​ ​as​ ​integrated​ ​reverse​ ​cycle​ ​central​ ​heating​ ​and​ ​cooling​ ​system​ ​together​ ​with​ ​2​ ​separate​ ​independent​ ​heating​ ​and​ ​cooling​ ​split​ ​systems.

Estimated value

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Apr 2026

$2,950,000 - $3,200,000

Rental
Jun 2018

$650 PW

Sold
Feb 2018

$2,200,000

Sold
Oct 2007

Price undisclosed

Sold
Mar 1981

$53,500

Median house price trends

Comparing the price trend of houses in Mount Martha against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

38 Days

House median days on market

37 Days

Unit median days on market

407 Properties

Sold in last 12 months

153 Properties

Available in the last month

Mount Martha residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

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Nearby education

Schooling and educational options in the area, for all ages.

Balcombe Grammar School

K - Yr 12

Independent

Mount Martha Primary School

K - Yr 6

Government

Osborne Primary School

K - Yr 6

Government

Get a wider view

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Mount Martha

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Mornington Peninsula

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Victoria

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Frequently asked questions

The property at 336 Esplanade includes 3 bedrooms, 2 bathrooms and parking for 2 cars.

The land size for 336 Esplanade in Mount Martha is approximately 1659 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.

336 Esplanade in Mount Martha, Victoria, is close to local schools such as Balcombe Grammar School, Mount Martha Primary School, Osborne Primary School and Balcombe Grammar School

As of 4/1/2026, the property at 336 Esplanade is not available in our data at this time.

Contact the agent

Danckert Real Estate

Alex Corradi

Danckert Real Estate

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