SoldSep 29, 2026

72 Observation Drive, Rye, VIC, 3941

$1,300,000

5
3
2
752 m²

House

•

30+ days on the market

Sold: Sep 29, 2026

What's around 72 Observation Drive

SPRING SALE | BREATHTAKING BAY VIEWS

Elevated in one of Rye's most prestigious, tightly held heights, 72 Observation Drive is a premier Spring opportunity. If you have been searching for a substantial, modern coastal retreat with genuine multi-family capability and panoramic blue-water views, this is your destination. Crafted for lifestyle entertaining and effortless flexibility, this expansive 5-bedroom, 3-bathroom residence blends architectural light with premium coastal luxury. The Upper Level: Light, Views & Entertaining. - Panoramic Bay Vistas : Open-plan living zones framed by floor-to-ceiling glass capturing sweeping bay views. - Seamless Flow : Transition effortlessly from the premium indoor living spaces out to expansive decking. - Resort Living : Relax on the deck or by the sparkling pool, backdropped by an outstanding Peninsula outlook. The Lower Level: Ultimate Versatility & Dual-Occupancy - Self-Contained : A substantial downstairs zone featuring independent living quarters. - Flexible Layout : Ideal for extended families, hosting dual holiday groups, a teenage retreat or prime guest stays. - Future Potential : Ample space and a brilliant layout configured to easily accommodate future modifications or a garage conversion down the track. - The Location : Positioned just moments from Rye's vibrant cafes, pristine front and back beaches, world-class golf courses and hot springs. Opportunities of this scale, footprint and view calibre are exceptionally rare at a this price point. Secure your inspection ahead of the peak Spring rush.

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