Back 3 Waterford Drive
Off Market

3 Waterford Drive

Cowes VIC 3922

5
2
5
0 m²
579 m²
House
Last sold for $1,140,000
Jaime MorrisJaime Morris, last sold this property on 09 April 2026 after 199 days on market.

Overview

Luxury Coastal Home with Scenic Views

Positioned in the tightly held Shearwater Estate, this impressive residence delivers the perfect blend of lifestyle, functionality and architectural design. With sweeping views across the neighbouring golf course and a floor plan designed for the entire family, it is an ideal permanent home or luxurious coastal retreat. Upstairs is bathed in natural light with north-facing orientation and raked ceilings. The open-plan living, dining and kitchen zone flows seamlessly to a spacious deck, capturing stunning golf course and scenic outlook, with outdoor stairs linking directly to the backyard. The gourmet kitchen is fitted with Bosch appliances, a Qasair rangehood and stone benchtops, while the living area is enhanced by a fireplace for cosy winter nights. The master retreat features its own dressing room and ensuite, accompanied on this level by the 5th bedroom or private office, and powder room. Downstairs offers a versatile family hub with polished concrete floors, three robed bedrooms, a stylish central bathroom, separate powder room and a generous rumpus room opening to the undercover alfresco. The oversized garage includes room for a workshop, roller door access to the rear perfect for storing a boat, plus clever under-stair storage. On the left of the property, rear yard access behind secure gates provides excellent space for a boat, caravan & trailer, while a powered studio/workshop in the backyard adds even more flexibility. Premium additions elevate the home further, including hardwood floors, double glazing throughout, three split systems, a central vacuum system and a 6kw solar power system for sustainability and efficiency. Delivering five generous bedrooms, multiple living zones, expansive garaging and a workshop/studio, this home has been thoughtfully designed for family living with every comfort considered. Set in one of Cowes' most prestigious enclaves, 3 Waterford Drive is a rare opportunity to secure a lifestyle address where practicality meets luxury.

Features

5 bedrooms
2 bathrooms
5 carspaces
2 open car spaces
3 garage spaces
0 m² floor area
579 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Cowes over the last 12 months, the estimated median property value of 3 Waterford Drive is $826k.

Median value
$826k
Estimated value range
$715k - $1.52m
Median days on market
139
Estimated value trend
-27%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cowes. 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 3 Waterford Drive

2026
Sold
$1,140,000
09 Apr 2026 by Jaime Morris, of Stockdale & Leggo - Phillip Island | San Remo

Happy sellers in Cowes

70%
70% of sellers in Cowes reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 5 bedroom houses in Cowes

In the last 12 months, 17 five-bedroom houses similar to 3 Waterford Drive, have been sold.

This represents a 88% decrease in five-bedroom houses sales when compared to the previous 12 months.

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