12 Bayview Road Emerald VIC 3782

| Architect-designed four-bedroom on half-acre | Dual-living layout with bungalow | Elevated views, village proximity | Flexible configuration suits multi-generational buyers | This property occupies a rare position in the Emerald market: a genuinely flexible two-level home on a usable half-acre lot within walking distance of the village. The architect-designed interior—soaring ceilings, polished floors, and a gas log fire—provides a quality backdrop that most competing properties in this price bracket lack. The downstairs bedroom with ensuite and walk-in robe, combined with the separate bungalow, creates a dual-living configuration that appeals strongly to buyers seeking multi-generational accommodation, a home office with client access, or rental income potential. The elevated deck capturing views toward Western Port Bay and Cardinia Dam adds a lifestyle premium that supports the upper end of the price guide. This property is best suited to families or downsizers who want space, separation, and immediate amenity without sacrificing design quality. The primary risk is the price guide itself: at $1.15m–$1.25m, this property sits at the top of the local market for a four-bedroom house on a standard residential lot, and the estimated value of $1.14m suggests the vendor may be ambitious. Buyers should note that the 2024 sale price is undisclosed, making it difficult to assess vendor motivation or holding cost. The fully fenced grounds and established gardens require ongoing maintenance, and the bungalow, while valuable, may need updating depending on intended use. The opportunity lies in negotiating toward the lower end of the guide, where the dual-living configuration and village proximity provide genuine long-term hold value. This property should be acquired for owner-occupation with the bungalow generating supplementary income, or as a family home with future subdivision potential—subject to Cardinia Council confirmation.