113B The Terrace, Ocean Grove, VIC 3226
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$3,550,000 -$3,750,000
113B The Terrace, Ocean Grove, VIC 3226
4
4
3
407m²
0m²
•
house - house: one storey / lowset
Property Description
Listed on 20 Apr 2026
Defined: The result of an inspired collaboration between Michael Higgins Building Design and Construct31, this newly completed ‘Vela’ townhouse delivers a masterclass in contemporary architecture, fusing sculptural form with refined functionality in a premier inner village setting.
Panoramic ocean views provide a tranquil backdrop to daily life, while three lift-connected levels cater to the most discerning families with four bedrooms including twin main suites, a trio of living zones, entertainer’s kitchen with butler’s pantry, a 450-bottle wine cellar, and an internal steam sauna.
North-facing gardens by Kings Landscaping echo the home’s distinct Palm Springs sensibility, with a concrete plunge pool as a sparkling centrepiece.
Every detail has been meticulously curated with floor-to-ceiling glazing, walnut flooring, and elegant curved lines bringing a sense of style and refinement to the interiors, while cutting-edge technology and a future-focused approach complete this remarkable home, less than 400m from both the beach and vibrant main street.
Considered
Kitchen: Twin Neff ovens (pyrolytic and microwave/convection ovens), a Bora induction cooktop with downdraft extraction, and an integrated dishwasher underpin the entertainer’s dream within the showpiece kitchen, which is refined in its luxury with porcelain benchtops, soft-close 2PAC cabinetry, and a butler’s pantry.
Open-plan living/dining: Situated on the upper level, full-height windows frame stunning skyline and water views that extend across the Point Lonsdale Lighthouse and the Mornington Peninsula to Cape Schanck. An alfresco balcony invites relaxed sunset soirées, while walnut flooring, Venetian plaster detail, and the flicker of an electric log fire add natural warmth and ambience.
Primary suite: Awash in northern light, the main bedroom is privately zoned to the upper level and features elegant curved detail and an ambient built-in fireplace. A walk-in robe is fully fitted with 2PAC joinery and porcelain benchtops, which extend to the twin vanity ensuite with skylit step-in shower, heated towel rail, and full-height feature tiling.
Additional living: A ground floor retreat with kitchenette is ideal as a pool room or home gym, with full-width glazing extending to the north-facing backyard. On the mid-level, a theatre room underpins the home’s family functionality, offering versatility for a spacious fifth bedroom if required.
Additional bedrooms: Three additional bedrooms, all with built-in joinery, are headlined by a view-swept guest retreat featuring a walk-in robe, deluxe ensuite, and a private balcony access.
Additional bathrooms: Two further bathrooms reflect the style and quality of the ensuites, with full-height tiling, step-in showers, in-wall cisterns, and fixtures by ABI Interiors including brushed copper tapware and slimline, above-vanity basins. An 1800mm freestanding bathtub adds a touch of indulgence to the mid-level family bathroom.
Home office: Students and work-from-home professionals are well accommodated with a dedicated office featuring twin workstations, multiple USB ports, and Cat6 data cabling for high speed connectivity.
Outside: Fully landscaped gardens by Kings Landscaping stretch across the 407sqm (approx.) allotment, with a 3.5m self-cleaning plunge pool with 12kW heat pump serving as the sparkling centrepiece to the north-facing backyard. An automated irrigation system enables lock-and-leave ease, complemented by a 5000L water tank.
Luxury inclusions: Every detail has been carefully curated for a lifestyle of luxury and comfort, including a 450-bottle wine cellar, a four-person traditional steam sauna, commercial-grade Daikin reverse-cycle refrigerated heating and cooling (fully zoned with wi-fi connectivity), walnut flooring, 100% wool carpets, 6.7kW solar system, low-E Argon-filled double-glazing, alarm system, motorised blinds with recessed linen sheers, upstairs powder room, and a four-person internal lift to glide between levels.
Garage: Behind an electric gate entry, a secure three-car garage features a quality tilt-panel door with 2.6m clearance, three-phase power, pre-wiring for a future EV charger, and a dedicated nook for discreet bin storage.
Close-by facilities: It’s an easy, level 350m walk to the Ocean Grove main street with its boutique shops, lively cafés and restaurants, and daily essentials, while a 400m stroll places you on the town’s celebrated coastline, with its expansive surf beaches and breathtaking coastal scenery.
Ideal for: Discerning buyers seeking a design led coastal residence that pairs architectural excellence with resort style amenity and effortless, lock and leave luxury.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$2,575,000
Median house price trends
Comparing the price trend of houses in Ocean Grove 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.
58 Days
House median days on market
65 Days
Unit median days on market
433 Properties
Sold in last 12 months
246 Properties
Available in the last month
Ocean Grove residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
60+
Is the most common age range
Outright Owners
Most common occupant type
Other
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Ocean Grove Primary School
K - Yr 6
Government
Our Lady Star of the Sea School
K - Yr 6
Catholic
Surfside Primary School
K - Yr 6
Government
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Ocean Grove
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Greater Geelong
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Victoria
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Median House: $1,444,283
Median Unit: $1,111,541
Median House: $1,814,626
Median Unit: N/A
Median House: $1,323,293
Median Unit: $853,172
Median House: $1,589,646
Median Unit: $838,632
Frequently asked questions
The property at 113b The Terrace includes 4 bedrooms, 4 bathrooms and parking for 3 cars.
The land size for 113b The Terrace in Ocean Grove is approximately 407 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.
113b The Terrace in Ocean Grove, Victoria, is close to local schools such as Ocean Grove Primary School, Our Lady Star of the Sea School, Surfside Primary School and Bellarine Secondary College-Ocean Grove Campus
As of 5/1/2023, the property at 113b The Terrace is recorded as sold.