Back 28 Owarra Street
Off Market

28 Owarra Street

Rye VIC 3941

4
2
3
174 m²
700 m²
House
Last sold for $1,071,000
Jade SpringerJade Springer, last sold this property on 21 August 2026 after 66 days on market.

Overview

Beautifully Landscaped Coastal Living

Perfectly positioned halfway between the calm waters of the bay and the rugged beauty of the ocean beach, this beautifully presented coastal residence offers the ideal balance of comfort, privacy and lifestyle on an impressive allotment of approximately 700sqm. Thoughtfully designed with everyday living in mind, the home welcomes you through a wide entrance hallway that immediately creates a wonderful sense of space. Every room has been carefully considered to deliver effortless family living, relaxed entertaining and the flexibility today's buyers are searching for. Offering three generous bedrooms with built in robes, plus a versatile fourth bedroom or home office, this is a home that adapts beautifully whether you are seeking a permanent residence, holiday escape or investment opportunity. The spacious master suite enjoys a walk in robe, private ensuite and ceiling fan, while the central bathroom features a luxurious deep bath, separate toilet and quality finishes throughout. At the heart of the home, the light filled living area provides a warm and inviting space to gather, complete with a Mitsubishi split system and ceiling fan for year round comfort. The stunning Dimplex Huxley Revillusion electric fireplace creates a beautiful ambience and will remain available by separate negotiation. Designed for those who love to cook and entertain, the well appointed kitchen features a Whirlpool oven, Electrolux gas cooktop and an exceptional walk in butlers pantry complete with a Hisense wine fridge, delivering both practicality and style. Sliding doors extend the living space outdoors to a generous undercover entertaining area overlooking beautifully landscaped gardens that have been lovingly established to create complete privacy. Fully fenced and wonderfully secure, the backyard offers plenty of room for children and pets to play while enjoying the peaceful outdoor fire pit area, garden shed and additional garden storage. Adding even more appeal is the oversized double carport with exceptional clearance, providing ample space to accommodate both a boat and caravan with ease, making it the perfect Peninsula base for weekend adventures. Located within easy reach of both Rye's spectacular front beach and iconic surf coastline, this outstanding home offers the ultimate Mornington Peninsula lifestyle where beach days, cafés, wineries, golf courses and coastal walking trails are all just moments from your door. Beautifully maintained, thoughtfully designed and perfectly positioned, this is a property that offers exceptional lifestyle appeal today while providing outstanding value for years to come. Property Features Include: - Approximately 700sqm of private land - Prime location halfway between the bay and ocean beach - Three spacious bedrooms plus fourth bedroom or home office - Master suite with walk in robe and ensuite - Built in robes to remaining bedrooms - Wide entrance hallway - Beautifully landscaped and fully fenced gardens - Spacious living area with Mitsubishi split system and ceiling fan - Dimplex Huxley Revillusion electric fireplace available by separate negotiation - Well appointed kitchen with Whirlpool oven and Electrolux gas cooktop - Walk in butlers pantry with Hisense wine fridge - Central bathroom with deep bath and separate toilet - Laundry with direct garden access - Covered outdoor entertaining area - Outdoor fire pit seating area - Garden shed plus additional garden storage - Oversized double carport with clearance for a boat and caravan - Ideal permanent home, holiday retreat or investment opportunity *All distances and measurements are approximate only.

Features

4 bedrooms
2 bathrooms
3 carspaces
174 m² floor area
700 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Rye over the last 12 months, the estimated median property value of 28 Owarra Street is $1.02m.

Median value
$1.02m
Estimated value range
$420k - $3.1m
Median days on market
48
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Rye. 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 28 Owarra Street

2026
Sold
$1,071,000
Private Sale/Treaty on 21 Aug 2026 by Jade Springer, of YPA Real Estate Agents Rye

Happy sellers in Rye

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

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

This is based on voluntary sentiment collected from 59 reviews in Rye over the last 12 months.

Local market activity for 4 bedroom houses in Rye

In the last 12 months, 82 four-bedroom houses similar to 28 Owarra Street, have been sold.

This represents a 29% increase in four-bedroom houses sales when compared to the previous 12 months.

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