Back Lot 2/1 Pasley Street
Off Market

Lot 2/1 Pasley Street

Dromana VIC 3936

503 m²
Land
Last sold for $830,000
Elke RemscheidElke Remscheid, last sold this property on 15 January 2026 after 98 days on market.

Overview

PRIME LAND IN THE DRESS CIRCLE OF DROMANA - BAY VIEWS

LONG SETTLEMENT AVAILABLE ON REQUEST - 200 METRES TO THE BEACH - - BUILD ONE OR TWO LUXURY HOMES (STCA) - ACCESS ON SITE AS ADVERTISED OR BY APPOINTMENT Seize this rare opportunity to secure a prime parcel of coastal land in the dress circle of Dromana and take advantage of some very nice BAY VIEWS with the property across the road being heritage listed according to Mornington Council. Build your dream home in one of the Mornington Peninsula's most sought-after and prestigious locations. Nestled within the leafy tranquillity of Old Dromana, this property offers the perfect scope to build a home of luxury, serenity, and seaside convenience. Positioned just 200 metres from the sparkling waters and golden sands of Dromana Beach, this north-facing block of approximately 503 m² sits in a beautiful, quiet street surrounded by million-dollar homes. The setting is peaceful and refined - a truly exclusive pocket where properties are tightly held and rarely offered. The site itself is almost flat with only a gentle natural slope, making it ideal for construction and offering design flexibility for your future home or holiday retreat. Take advantage of the northern orientation to maximise natural light throughout the day and enjoy the potential for some bay views from a second storey (STCA) - the perfect backdrop for relaxed coastal living. The neighbourhood's leafy streets, quiet elegance, and proximity to the beach create an atmosphere of calm and exclusivity, while still being moments from Dromana's vibrant cafés, restaurants, and boutique shops. Local sports clubs, public transport, and the hiking trails of Arthurs Seat are also within easy reach, delivering the complete Peninsula lifestyle. Design and build your dream coastal residence in one of Dromana's most desirable addresses, where sun, sea, and sophistication unite to create the perfect Mornington Peninsula escape. PLEASE NOTE: The property is fully fenced in - Please call to inspect Disclaimer: All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice Disclaimer: *All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice. **Photo ID is required at all Open Homes. View our complete privacy policy at: ypa.au/privacy

Features

503 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Dromana over the last 12 months, the estimated median property value of Lot 2/1 Pasley Street is $775k.

Median value
$775k
Estimated value range
$360k - $1.38m
Median days on market
56
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dromana. 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 Lot 2/1 Pasley Street

2026
Sold
$830,000
15 Jan 2026 by Elke Remscheid, of YPA Dromana

Happy sellers in Dromana

67%
67% of sellers in Dromana reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in Dromana over the last 12 months.

Local market activity for land plots in Dromana

In the last 12 months, 17 land plots similar to Lot 2/1 Pasley Street, have been sold.

This represents a 114% decrease in land plots sales when compared to the previous 12 months.

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