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Back 5 Teddy Bear Lane
Off Market

5 Teddy Bear Lane

Cowes VIC 3922

3
2
2
616 m²
House
Last sold for $559,500
Kristina WaltersKristina Walters, last sold this property on 09 August 2026 after 48 days on market.

Overview

Relaxed Coastal Living in a Peaceful Red Rocks Location

Nestled in a peaceful and highly desirable pocket of Cowes, this charming home is perfectly positioned in the sought-after Red Rocks precinct, just a 10–15 minute walk to Red Rocks Beach, Justice Road beach access, and the local bus stop, while only a short drive from Cowes' vibrant town centre, cafés, restaurants, shops, and essential amenities. Set on a spacious 616sqm (approx.) block, the expansive backyard provides the perfect setting for family gatherings, outdoor entertaining, or simply enjoying the relaxed coastal lifestyle. which presented home combines comfort and versatility. At the heart of the home, the light-filled living area is enhanced by soaring cathedral ceilings that create an impressive sense of space and character. Large north-facing windows invite an abundance of natural light and warmth throughout the day, while the cosy log fire provides the perfect focal point for comfortable year-round living. The well-appointed kitchen overlooks the dining and living zones, providing a functional layout for both everyday living and entertaining. Property comprises three spacious bedrooms and two bathrooms. The master bedroom offers a private retreat complete with an ensuite and an adjoining office or sitting room, which could easily be converted into a fourth bedroom or guest accommodation depending on your needs. Adding to the home's practicality, the laundry provides direct access to the backyard. Whether you're searching for a comfortable family residence, a relaxing coastal escape, or an investment, 5 Teddy Bear Lane presents an outstanding opportunity to secure your own piece of Island living.

Features

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

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cowes over the last 12 months, the estimated median property value of 5 Teddy Bear Lane is $625k.

Median value
$625k
Estimated value range
$454k - $1.75m
Median days on market
75
Estimated value trend
-6%
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 5 Teddy Bear Lane

2026
Sold
$559,500
Private Sale/Treaty on 09 Aug 2026 by Kristina Walters, of Barry Plant - Phillip Island
2023
Rented
Undisclosed
Leased on 31 May 2023 by Ray White Phillip Island
2023
Rented
Undisclosed
Leased on 31 May 2023 by Ray White Phillip Island

Happy sellers in Cowes

80%
80% 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 32 reviews in Cowes over the last 12 months.

Local market activity for 3 bedroom houses in Cowes

In the last 12 months, 85 three-bedroom houses similar to 5 Teddy Bear Lane, have been sold.

This represents a 8% 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 Cowes

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Christie Spargo

Sellers who recommend Christie Spargo have praised them for being local expert and clear communication

  •   4.9   (39 reviews)
  •  17 Reviews in Cowes
  •  13 Sales in Cowes
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Greg Davis

Sellers who recommend Greg Davis have praised them for being local expert, clear communication, friendly, stress-free process, honest and patient

  •   4.9   (66 reviews)
  •  12 Reviews in Cowes
  •  17 Sales in Cowes
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Teresa Young

Sellers who recommend Teresa Young have praised them for being clear communication, local expert, friendly, responsive, honest, easy to work with and pleasant

  •   4.8   (121 reviews)
  •  7 Reviews in Cowes
  •  7 Sales in Cowes
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Leanne Poulton

Leanne Poulton is a recommended agent for Cowes.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (65 reviews)
  •  2 Reviews in Cowes
  •  2 Sales in Cowes
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