1A The Terrace

Ocean Grove VIC 3226

774 m²

House

Lauren Conlon, last sold this property on 05 June 2025 after 1 day on the market.

Overview

Charming Coastal Opportunity in the Heart of Ocean Grove

Situated in one of Ocean Grove's most sought-after locations, 1A The Terrace presents a rare opportunity to embrace coastal living at its finest. This charming 3-bedroom brick home sits on an expansive 774m² block, offering a tranquil lifestyle with the convenience of everything you need just a short stroll away. Perfectly positioned only 250 metres from the serene Barwon River and 850 metres to Ocean Grove's stunning main beach, this property allows you to immerse yourself in the natural beauty of the coastline. Ocean Grove's vibrant cafes, restaurants, and boutique shops are right up the road, making it easy to enjoy a morning coffee, casual lunch, or evening out with friends. And if you're in the mood for a change of scenery, the scenic walk across the bridge to Barwon Heads opens up even more dining and shopping options in this iconic coastal village. The home itself exudes warmth and character, with its solid brick construction providing a timeless appeal. Inside, you'll find three generously sized bedrooms, offering plenty of space for families or holidaymakers alike. The floor plan is versatile, featuring a comfortable living area filled with natural light and a functional kitchen that's perfect for preparing meals after a day at the beach. Large windows throughout the home invite the outdoors in, creating a relaxed and breezy coastal atmosphere. For those looking to add their personal touch, the property presents ample opportunity to renovate or extend, transforming it into your dream home. The expansive block provides plenty of room to explore new possibilities, whether you want to create an outdoor entertaining area, add a pool, or landscape a garden oasis. Alternatively, the development potential of the site opens up options for investors or those looking to maximize the property's value. With its unbeatable location and undeniable charm, 1A The Terrace, Ocean Grove, is more than just a homeit's a lifestyle. Whether you're dreaming of moving in right away, renovating to create a custom coastal haven, or developing the site to unlock its full potential, this property offers a rare chance to secure your place in one of the Bellarine Peninsula's most desirable areas. Don't miss out on this exceptional opportunity to make this coastal gem your own!

Features

3 bedrooms

1 bathroom

2 carspaces

774 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 1A The Terrace is $845k.

Median value

$845k

Estimated value range

$695k - $1.55m

Median days on market

Estimated value trend

-1%

decrease 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.