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Back 40 Ithaca Road
Off Market

40 Ithaca Road

Frankston South VIC 3199

3
3
2
1003 m²
House
Last sold for $1,475,000
Ashley WestonAshley Weston, last sold this property on 30 January 2026 after 21 days on market.

Overview

Preserved Architectural Gem in a Blue-Chip Locale

Rich with architectural intent in a blue-chip Olivers Hill setting, this original 3-bedroom + office, 2-lounge residence presents an immaculate time capsule of authentic vintage design. Defined by its significant proportions and a deep respect for light and structure, it showcases an increasingly scarce opportunity to preserve, restore or reimagine a home of breathtaking architectural appeal. A subdued glass-fronted facade beyond established era-apparent gardens underscores its family-focused appeal, opening into the original detailing of amber glass and exposed brick feature walls, and the raked ceilings with exposed beams over its foremost lounge and dining room. Form, function and restraint work together to create a purposeful transition into the open family and meals area, where full-width glazing further illuminates the timeless qualities of its gorgeous original kitchen. A sizeable courtyard garden beyond a high brick fence extends the living experience outdoors, whilst the huge backyard to the rear reinforces the family-first credentials of its original design. The three bedrooms are zoned to the rear of the home around a family bathroom and a fitted home office with a feature amber glass partition, led by the master suite with extensive robes, split-system comfort and a full ensuite. Its tandem single carport and garage provide access through to the rear yard, where an external bathroom lays the inspired foundations for a new pool or alfresco terrace (STCA), headlining a list of features that includes ducted heating, split-system air conditioning, two water tanks, and a classic Hills Hoist. Just metres from Yamala Park Bowling and Tennis clubs, Norman Avenue shops and cafes, Kackeraboite Creek Beach, and Sweetwater Creek nature trails, it's just a short drive to the zoned Frankston High School, Toorak College, and Peninsula Grammar, with Mount Eliza Village, Frankston CBD, and Melbourne-bound freeways all close by. A rare architectural original with all the scale, setting, and substance to shape an incredible next chapter. Should you require any further information, please do not hesitate to contact Ashley Weston on 0439 101 677 or Kristell Elson on 0400 165 801 anytime. Please note Photo ID is required for all inspections. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Features

3 bedrooms
3 bathrooms
2 carspaces
1 carport space
1 garage space
1003 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankston South over the last 12 months, the estimated median property value of 40 Ithaca Road is $1.06m.

Median value
$1.06m
Estimated value range
$812k - $2m
Median days on market
20
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston South. 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 40 Ithaca Road

2026
Sold
$1,475,000
30 Jan 2026 by Ashley Weston, of Ray White Frankston

Happy sellers in Frankston South

91%
91% of sellers in Frankston South reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 103 reviews in Frankston South over the last 12 months.

Local market activity for 3 bedroom houses in Frankston South

In the last 12 months, 91 three-bedroom houses similar to 40 Ithaca Road, have been sold.

This represents a 33% increase 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 Frankston South

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Karen Dennis

Sellers who recommend Karen Dennis have praised them for being local expert, clear communication, supportive, responsive, reliable, friendly and trustworthy

  •   5   (88 reviews)
  •  17 Reviews in Frankston South
  •  17 Sales in Frankston South
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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (257 reviews)
  •  14 Reviews in Frankston South
  •  26 Sales in Frankston South
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Callum MacPherson

Sellers who recommend Callum MacPherson have praised them for being clear communication, local expert, honest, responsive, friendly, supportive and reliable

  •   4.9   (476 reviews)
  •  11 Reviews in Frankston South
  •  11 Sales in Frankston South
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Ashley Weston

Ashley Weston is a recommended agent for Frankston South.  They have 24 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (267 reviews)
  •  10 Reviews in Frankston South
  •  24 Sales in Frankston South
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