SoldJan 24, 2026

21 Valentine Street, Rye, VIC, 3941

$611,000

2
1
3
627 m²

House

16 days on the market

Sold: Jan 24, 2026

What's around 21 Valentine Street

Prime Project Opportunity

Unlock the Potential in Rye's Coveted Coastal Heart. Nestled in the highly sought-after seaside town of Rye on the stunning Mornington Peninsula, 21 Valentine Street presents an exceptional blank-canvas project for visionary builders, renovators, or developers. This property is currently home to an extremely run-down dwelling in need of complete renovation or demolition - offering primarily land value on a generous allotment perfectly positioned for your dream coastal creation. Imagine designing and building a luxurious modern family home, holiday retreat, or investment property in one of Victoria's most desirable beachside locations. Unbeatable Lifestyle Location: Proximity to Pristine Beaches: Just moments from Rye's famous Front Beach on Port Phillip Bay - ideal for safe family swimming, picnics, and leisurely walks along the foreshore - and a short drive to the dramatic surf of Rye Ocean Beach and nearby Gunnamatta for adrenaline-pumping waves. Local Attractions at Your Doorstep: Relax and rejuvenate at the world-renowned Peninsula Hot Springs (only minutes away), snorkel the underwater wonders of Rye Pier's Octopus's Garden, or explore the scenic Bay Trail and Mornington Peninsula National Park's clifftop walks. Golfers' Paradise: Tee off at the acclaimed The Dunes Golf Links right in Rye - a top-ranked public course set amid rolling sand dunes - with Moonah Links and other premium courses nearby in the famous 'Cups' region. Vibrant Cafes and Restaurants: Stroll to Rye's bustling Point Nepean Road, lined with charming cafes, ice creameries, fresh seafood spots, and acclaimed eateries like Steam Restaurant. Enjoy al fresco dining, local wines, and the relaxed peninsula vibe year-round. Rye is the ultimate blend of coastal charm and convenience - a popular holiday hotspot with strong growth potential, just 90 minutes from Melbourne. Properties in this quiet, family-friendly street rarely come available, especially with such prime positioning midway between bay and ocean beaches. This is your chance to secure a rare project site and transform it into something extraordinary. Don't miss out - enquire today!

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Seller's review

7 months ago

Professional, knowledgable and reliable

Shane and Corey helped us diligently in the sales process. They were timely , helped enormously with understanding the auction process and did all the background to effect a seamless auction experience. I'd recommend Shane and Corey to anyone buying or selling down the Peninsula.

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Seller

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