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Back Lot 2/1781 Point Nepean Road
Off Market

Lot 2/1781 Point Nepean Road

Capel Sound VIC 3940

941.17 m²
Land
Last sold for $915,000
Daniel ChessariDaniel Chessari, last sold this property on 27 April 2026 after 447 days on market.

Overview

Prime 941sqm Beachside Development Opportunity (STCA)

An exceptional opportunity to secure a substantial 941sqm (approx.) flat block in a prime coastal location, offering outstanding potential for subdivision or redevelopment (STCA). Positioned directly across the road from the stunning bay beach, this rare parcel provides the perfect canvas for developers, investors, or buyers looking to capitalise on the generous land size and unbeatable location. With a maximum building height of approximately 9-11 metres (STCA - buyers to confirm with council), a second-storey build could capture impressive bay views. Located in the heart of Capel Sound, this property places you moments from the beach, local cafés, shops, and the vibrant Rye foreshore. Whether you choose to subdivide, redevelop, or build a premium coastal residence, opportunities like this are becoming increasingly rare along this tightly held stretch of the Mornington Peninsula. Secure your slice of coastal potential and explore the possibilities.

Features

941.17 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Capel Sound over the last 12 months, the estimated median property value of Lot 2/1781 Point Nepean Road is $522.5k.

Median value
$522.5k
Estimated value range
$386k - $1.4m
Median days on market
54
Estimated value trend
-40%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Capel Sound. 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 2/1781 Point Nepean Road

2026
Sold
$915,000
27 Apr 2026 by Daniel Chessari, of Hodges Rye

Happy sellers in Capel Sound

90%
90% of sellers in Capel Sound reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Capel Sound over the last 12 months.

Local market activity for land plots in Capel Sound

In the last 12 months, 9 land plots similar to Lot 2/1781 Point Nepean Road, have been sold.

This represents a 233% decrease in land plots 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 Capel Sound

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Shane Fox

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

  •   4.9   (601 reviews)
  •  19 Reviews in Capel Sound
  •  22 Sales in Capel Sound
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Thomas Solunto

Thomas Solunto is a recommended agent for Capel Sound.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (34 reviews)
  •  3 Reviews in Capel Sound
  •  6 Sales in Capel Sound
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Jason Dowler

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

  •   4.9   (475 reviews)
  •  2 Reviews in Capel Sound
  •  2 Sales in Capel Sound
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Brad Boyd

Sellers who recommend Brad Boyd have praised them for being clear communication, local expert, honest, responsive, reliable, supportive and pleasant

  •   4.8   (100 reviews)
  •  2 Reviews in Capel Sound
  •  3 Sales in Capel Sound
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