Back 341 Canadian Bay Road
Off Market

341 Canadian Bay Road

Mount Eliza VIC 3930

4
3
2
2825 m²
House
Last sold for $1,800,000
Michelle SkoglundMichelle Skoglund, last sold this property on 31 August 2025 after 6 days on market.

Overview

~ Expansive Sanctuary & an Endless Floorplan ~

Elegance and individuality, with sprawling wings that harness a north-facing aspect and wrap around an inground swimming pool, this unique home has a beautifully illuminated design that is both intelligent and timeless. Attaining views over the treetops to the bay and Melbourne's city skyline from its expansive 2825sqm (approx.) allotment, this lifestyle property offers luxury lodgings near the pinnacle of Mt Eliza's leafy hilltop just minutes from the village and its exclusive schools. Behind a wide frontage, a seemingly endless floorplan offers grand proportions and flexibility with numerous living and entertaining options, while the pool, indoor spa, sauna and deluxe alfresco area provide an extra element of luxury. With doors allowing every room to connect with the outdoors, an impressive glass-roofed entry flows immediately into the heart of the home with open plan living with high vaulted ceiling, a wood heater and a large kitchen with walk-in pantry and clever access to the double garage and double carport. The "west'' wing is dedicated to a range of entertaining options including a bar room and a rumpus lounge opening directly to the alfresco pavilion with a large pizza oven, bar fridges, a firepit zone and a perfect position to enjoy the view of the bay and Melbourne's sparkling city lights. A dedicated study and a separate library with bookshelves also form part of this superb wing, as does the guest bedroom with ensuite in a section of the home that can be closed off to operate as Airbnb accommodation with its own driveway and entry. The sleeping quarters are split over two levels in a separate wing including two large bedrooms with walk-in robes and poolside access, a family bathroom with corner spa, shower, sauna and direct access to the pool. The master suite enjoys private space on the upper level including its own balcony, dressing room, ensuite with rain shower and lovely views. The surrounding gardens include a series of raised veggie beds and a large built-in playground and a clearing beyond for children to play in this incredible sanctuary.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 open car spaces
2825 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mount Eliza over the last 12 months, the estimated median property value of 341 Canadian Bay Road is $1.75m.

Median value
$1.75m
Estimated value range
$920k - $8.25m
Median days on market
29
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Eliza. 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 341 Canadian Bay Road

2025
Sold
$1,800,000
31 Aug 2025 by Michelle Skoglund, of Aqua Real Estate
2020
Sold
$1,395,000
08 Jun 2020 by James Merchan, of Impact Realty Group Mount Eliza | Frankston

Happy sellers in Mount Eliza

75%
75% of sellers in Mount Eliza reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 67 reviews in Mount Eliza over the last 12 months.

Local market activity for 4 bedroom houses in Mount Eliza

In the last 12 months, 127 four-bedroom houses similar to 341 Canadian Bay Road, have been sold.

This represents a 19% increase in four-bedroom houses sales when compared to the previous 12 months.

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