RateMyAgentGo to search
Back 31 The Esplanade
Off Market

31 The Esplanade

Portarlington VIC 3223

3
1
2
1595 m²
House
Felix HakinsFelix Hakins, last sold this property on 22 April 2026 after 414 days on market.

Overview

'Oakrest' A Grand Esplanade Beauty

Built in c.1886, 'Oakrest' has been described for over a century as one of Portarlington's most admired homes and given its grand Victorian presence on an extraordinary 1,595 sqm (approx.) beachfront allotment, it's easy to see why. Esplanade frontage and uninterrupted north-facing views over the glistening waters of Port Phillip Bay make this property an unrepeatable opportunity to restore a Portarlington landmark to its former glory.   The home's historic elegance is immediately evidenced by lofty 10ft ceilings, ornate cornices, ceiling roses, and tall sash windows that define the stately front rooms. The formal lounge, with its bay window and open fireplace, frames breathtaking water views. Three bedrooms retain their Victorian heritage, while the more recently updated kitchen and meals area at the rear provides a practical foundation for further enhancement. A second, less formal, lounge features a modern gas log fireplace with a timber mantle. The single bathroom has also seen relatively recent updates too.   The vast rear garden offers ample scope for expansion, grand landscaping, or an inspired outdoor entertaining space, and features a remote operated double lock-up garage with additional carport, ideal for boat/caravan storage. A covered timber deck provides a sheltered alfresco area off the kitchen, overlooking the large expanse of lawn.   For restoration enthusiasts, or savvy developers 'Oakrest' presents an unrivalled canvas, an impressive opportunity to breathe new life into a stately Victorian-era home steeped in history or to subdivide and invest in a multi property development or land holding (STCA). With its stately façade, absolute beachfront setting in a prized Esplanade position and expansive allotment brimming with potential, this home and land holding deserves to be reimagined for generations to come.   To secure this rare and remarkable offering on the Bellarine Peninsula, enquire today.

Features

3 bedrooms
1 bathroom
2 carspaces
1595 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Portarlington over the last 12 months, the estimated median property value of 31 The Esplanade is $760k.

Median value
$760k
Estimated value range
$600k - $1.7m
Median days on market
92
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Portarlington. 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 31 The Esplanade

2026
Sold
Undisclosed
Private Sale/Treaty on 22 Apr 2026 by Felix Hakins, of RT Edgar Bellarine

Happy sellers in Portarlington

72%
72% of sellers in Portarlington reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Portarlington

In the last 12 months, 62 three-bedroom houses similar to 31 The Esplanade, have been sold.

This represents a 51% decrease in three-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 Portarlington

placeholder
Sonja Di Pietro

Sonja Di Pietro is a recommended agent for Portarlington.  They have 34 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (59 reviews)
  •  9 Reviews in Portarlington
  •  34 Sales in Portarlington
View profile
placeholder
Janet Atkins

Janet Atkins is a recommended agent for Portarlington.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  2 Reviews in Portarlington
  •  2 Sales in Portarlington
View profile
placeholder
Dan Bennett

Dan Bennett is a recommended agent for Portarlington.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (64 reviews)
  •  2 Reviews in Portarlington
  •  2 Sales in Portarlington
View profile
placeholder
Luke Campbell

Luke Campbell is a recommended agent for Portarlington.  They have 36 local sales across the last 12 months.

  •  36 Sales in Portarlington
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap