Back 16 Lipton Drive
Off Market

16 Lipton Drive

Frankston VIC 3199

2
1
2
160 m²
House
Last sold for $795,000
Aaron FrolingAaron Froling, last sold this property on 05 September 2025 after -31 days on market.

Overview

Corner Block Charm with Subdivision Potential Exclusive Off-Market

At fosterfroling Real Estate, we are delighted to present another exclusive off-market opportunity, available only to our buyers' agents, advocates, and database clients. 16 Lipton Drive, Frankston stands proudly on a corner block in the respected Marylands Estate, showcasing superb street appeal with its classic brick veneer construction and elevated position. Nestled at the corner of Yarrabee Court and Lipton Drive, and located near the Bunarong Park water tower (the Peninsula's second-highest point after Arthur's Seat), this home is truly set apart. Inside, the property exudes warmth and character, with hardwood flooring stained in Japan black adding a stylish, modern edge. While currently configured as a two-bedroom home, the generous hallway and clever floor plan provide genuine scope to reconfigure into three bedrooms. A garage conversion adds valuable extra space, ideal as a study, storage area, or even a smaller third bedroom. The home has been thoughtfully updated with a fully refurbished kitchen and bathroom, each boasting sleek modern appointments. Outdoors, the property excels in entertainment: a covered east-west deck with full outdoor BBQ offers one of the most inviting alfresco areas you'll find - perfectly positioned to capture the best of the north-west sunlight. The manicured gardens further elevate the sense of pride of ownership. Adding another layer of appeal, our architect has confirmed the potential to retain the existing home and subdivide to create a second dwelling (STCA), making this a versatile option for homeowners, investors, or developers alike. This is a rare combination of quality living, prime location, and future upside - all off-market, and all available exclusively through fosterfroling Real Estate.

Features

2 bedrooms
1 bathroom
2 carspaces
160 m² floor area
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 16 Lipton Drive is $665k.

Median value
$665k
Estimated value range
$250k - $2.25m
Median days on market
21
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. 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 16 Lipton Drive

2026
Rented
Undisclosed
Leased on 19 Jan 2026 by fosterfroling Real Estate
2025
Sold
$795,000
Private Sale/Treaty on 05 Sep 2025 by Aaron Froling, of fosterfroling Real Estate

Happy sellers in Frankston

91%
91% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 217 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom houses in Frankston

In the last 12 months, 50 two-bedroom houses similar to 16 Lipton Drive, have been sold.

This represents a 5% increase in two-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 Frankston

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent