Back 21 Derring Lane
Off Market

21 Derring Lane

Cheltenham VIC 3192

4
3
2
House
Last sold for $1,585,000
Bridget McGrealBridget McGreal, last sold this property on 16 July 2026 after 23 days on market.

Overview

An Exceptional Family Sanctuary of Rare Proportions

Some homes simply feel different the moment you step inside. This is one of them. Offering a sense of space that is increasingly difficult to find, this generously proportioned four-bedroom-plus-study residence, easily configured as a five-bedroom home has been designed with a singular purpose: to grow with your family, season after season, chapter after chapter. With multiple living zones, three bathrooms, private retreats and genuinely generous proportions at every turn, there is room here for everyone: room to connect, room to retreat, room to simply breathe. The heart of the home is a sweeping open-plan kitchen, meals and family domain that flows seamlessly to an outdoor entertaining area and a truly generous backyard a rare find that invites long afternoons, weekend gatherings and the kind of outdoor living that Bayside families dream about. Beyond this, a separate formal living room, dedicated rumpus and a private home office-come-fifth bedroom deliver four living spaces in total, speaking to a floorplan that refuses to compromise, whether you're raising a young family, working from home, or hosting with ease. Year-round comfort is assured throughout via ducted heating and cooling. Upstairs, the home continues to impress. Four well-proportioned bedrooms are anchored by a beautifully private main suite, complete with walk-in robe, ensuite and a dedicated parents' retreat a quiet sanctuary that feels a world away from the rest of the home. A second upstairs retreat gives children and teenagers a space to claim as their own. Practicality has been thoughtfully considered throughout, with an abundance of storage options and a generous double garage ensuring there's a place for everything, making everyday family living effortlessly organised. Positioned within a peaceful no-through road, the setting is remarkably quiet. Families will appreciate the home's placement within highly regarded school zones, while commuters enjoy outstanding transport accessibility. Multiple bus services are available just moments away at the corner of Warrigal Road and Centre Dandenong Road, while both Cheltenham and Mentone train stations are within easy walking distance. Set within one of Cheltenham's most coveted family pockets, the lifestyle on offer is just as compelling as the home itself. Leafy parks, sporting facilities and a genuine community atmosphere sit alongside Southland Shopping Centre, local cafés and the ever-present draw of the Bayside coastline. Substantial, versatile and positioned in one of Cheltenham's most tightly held addresses opportunities like this simply do not come around often.

Features

4 bedrooms
3 bathrooms
2 carspaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cheltenham over the last 12 months, the estimated median property value of 21 Derring Lane is $1.4m.

Median value
$1.4m
Estimated value range
$810k - $2.4m
Median days on market
25
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cheltenham. 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 21 Derring Lane

2026
Sold
$1,585,000
Auction Sale on 16 Jul 2026 by Bridget McGreal, of Jellis Craig Mentone
2025
Rented
Undisclosed
Leased on 17 Jan 2025 by Buxton Mentone

Happy sellers in Cheltenham

85%
85% of sellers in Cheltenham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Cheltenham over the last 12 months.

Local market activity for 4 bedroom houses in Cheltenham

In the last 12 months, 74 four-bedroom houses similar to 21 Derring Lane, have been sold.

This represents a 2% decrease in four-bedroom houses sales when compared to the previous 12 months.

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