132A Barkly Street, Mornington VIC 3931

132A Barkly Street, Mornington | 2021-built luxury residence | 84% site coverage | solar-heated pool and spa | panoramic bay views This property presents a rare configuration edge in the Mornington market: a near-new luxury home with an unusually high 84% building coverage on a 502m² lot, which effectively delivers a large internal footprint and integrated outdoor amenities without sacrificing land for a pool and spa. The combination of a solar-heated pool, barrel sauna, and dual alfresco areas with pizza oven and firepit positions the house as a turnkey premium beachside residence, serving buyers who prioritise immediate lifestyle use over future subdivision potential. The main bedroom suite occupies the entire upper level with bay views, which is a strong differentiator for families seeking separation between master and children’s quarters, while the ground-floor guest ensuite adds flexibility for multi-generational living or hosting. This property is best suited to established families or downsizers who value high-end finishes, proximity to Mills Beach and Mornington’s main street, and a low-maintenance, lock-and-leave configuration. The principal risk is the high building-to-land ratio, which limits future extension or redevelopment options and may constrain capital growth relative to properties on larger lots in the same precinct. The location on Barkly Street, while convenient, is a main road, which may affect noise levels and private open space appeal. The price guide range across listings signals possible market uncertainty, and the property has only been listed for one day, so buyers should verify comparable sales in Beleura Hill to anchor their offer. The absence of heritage or flood overlays reduces regulatory risk, and the NBN FTTN connection is adequate but not a prime value driver. For a buyer, this property functions best as a premium family home for long-term occupation, not a short-term flip, given the limited land component.