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Back 127 The Terrace
Off Market

127 The Terrace

Ocean Grove VIC 3226

4
2
2
815 m²
House
Last sold for $2,000,000
Brock GraingerBrock Grainger, last sold this property on 23 May 2025 after 37 days on market.

Overview

Ocean Views from the Bluff to Cape Schanck

UNDER CONTRACT | For similar properties about to hit the market, please call Brock Grainger 0427 855 157 Some homes just feel right. Maybe it's the way the morning sun streams through the upstairs windows, or the way the blue expanse of ocean glistens beyond them, stretching from the Barwon Heads Bluff all the way to Point Nepean, but this one does. On a clear day, you'll even see Cape Schanck. Set high on a generous 815 sqm (approx.) block in Old Ocean Grove, this four-bedroom, three-bathroom family home offers incredible views and a layout designed to soak them all in. With the main family zones located upstairs, two balconies (north and south facing) open off two separate and beautifully light-filled living areas. The spacious kitchen has corner windows that frame the water like a painting, and a walk-in pantry, Caesarstone benches, and dual ovens make it as functional as it is beautiful. Downstairs, a sunroom opens to the fern-lined patio and pergola, and two generous bedrooms and the book-lined study offer extra flexibility for growing families. All bedrooms are generously sized, and the upstairs master suite enjoys ocean views, built-in storage, and a private ensuite. Out the back, discover a leafy retreat with a paved alfresco, established garden, veggie beds, and a chicken coop, all ready for you to embrace the good life. Extras include ducted heating, reverse-cycle cooling, and a 5.5kW solar array, adding year-round comfort and efficiency. The block itself has a wide 20m frontage, with a double lock up garage, a secure carport perfect for boats and caravans and off street parking for up to three cars. A separate workshop offers even more flexibility. With subdivision potential (STCA) evidenced by the property next door, there's room to dream big here, too. Located just two blocks from the shops and moments to the beach, this is the kind of home families hold onto for generations. Comfortable, welcoming, and incredibly liveable make it yours, and let life unfold from here.

Features

4 bedrooms
2 bathrooms
2 carspaces
815 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 127 The Terrace is $1.06m.

Median value
$1.06m
Estimated value range
$730k - $3.55m
Median days on market
60
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocean Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 127 The Terrace

2025
Sold
$2,000,000
Private Sale/Treaty on 23 May 2025 by Brock Grainger, of RT Edgar Bellarine
2015
Sold
$1,050,000
22 Jan 2015 by Vilma Johnson, of RT Edgar Bellarine

Happy sellers in Ocean Grove

80%
80% of sellers in Ocean Grove reported that their sale price either exceeded or met their price expectations.

Ocean Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Ocean Grove over the last 12 months.

Local market activity for 4 bedroom houses in Ocean Grove

In the last 12 months, 112 four-bedroom houses similar to 127 The Terrace, have been sold.

This represents a 39% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ocean Grove

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Harley Lewis

Harley Lewis is an award winning recommended agent for Ocean Grove.  They have 16 local sales and collected 9 local reviews across the last 12 months.

  •   5   (24 reviews)
  •  9 Reviews in Ocean Grove
  •  16 Sales in Ocean Grove
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Lynley Bassett

Lynley Bassett is a recommended agent for Ocean Grove.  They have 19 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (253 reviews)
  •  8 Reviews in Ocean Grove
  •  19 Sales in Ocean Grove
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Penny Dawson

Penny Dawson is an award winning recommended agent for Ocean Grove.  They have 15 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (157 reviews)
  •  6 Reviews in Ocean Grove
  •  15 Sales in Ocean Grove
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Hugh McKewan

Hugh McKewan is a recommended agent for Ocean Grove.  They have 16 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (143 reviews)
  •  5 Reviews in Ocean Grove
  •  16 Sales in Ocean Grove
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