A rare 1,780 sq m estate in Inverloch has hit the market for a price of up to $3.85 million as its coastal back gardens have been divided into smaller plots.
The Great Aussie backyard in Inverloch is on the brink of extinction as developers divide the coastal town into small subdivisions.
A sprawling 1,780-square-foot estate at 11 Beach Ave has hit the market with a price expectation of more than $3.85 million, offering a size that agents now say is impossible to replicate.
Ray White Leongatha director Kasey Bowman said the shell was one of the few large landholdings left close to the coastline that had not been subdivided.
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“To buy the land and build the house today, you just can’t replicate it,” Ms. Bowman said.
“I know of a few places in Inverloch where the build alone costs about $4 million.”
At 1,780 m², the site is almost five times the size of a typical 400 m² allotment block, highlighting why size has become a premium in the area.
“Inverloch is highly developed,” Ms Bowman said.
The solar and gas heated magnesium pool and spa anchor the home’s private resort-style backyard.
An elevated observation deck offers beautiful water views of the coastline and the community.
“Many of the larger blocks have been subdivided, most of them in fact, and that is what makes this type of landholding so rare now.”
The home is designed around a resort-style outdoor area, with a solar and gas heated magnesium pool and spa, a sauna and a large indoor entertainment area.
Inside, the layout includes two bar areas, a cinema room, a separate games room and a gym that can also be used as a studio or additional living space.
The special games area offers space for a large pool table and entertainment.
The special games area offers space for a large pool table and entertainment.
“What really strikes you when you arrive is the exterior and the outdoor entertainment,” Ms Bowman said.
“When you stand there and look out over that large backyard, it really feels like your own private resort.”
A tiered outdoor design culminates in an observation deck with sweeping water views over the coastline and towards the community.
Ms Bowman said buyer interest was local, with some attracted to the potential of a blended family living under one roof.
A flexible recreation space currently equipped for golf practice and recreational use.
A striking bathroom has a round bath and a contemporary finish.
The expansive indoor entertainment area was built for large-scale hosting adjacent to the pool and spa.
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