35-37 Minnimurra Road, Rye VIC 3941

Tuscan coastal house | 1,974sqm dual-title block | 400m to bay beach | subdivision or amenity expansion potential This property commands a rare position: a Tuscan-style residence on nearly 2,000sqm across two titles, metres from the foreshore and a short walk to Bay Beach. The dual-title structure gives a buyer two distinct options — hold the entire block as a private estate or pursue a future subdivision, subject to council approval. The 328sqm building footprint with three living zones, a heated pool, bore-water irrigation, and solar panels makes it a self-contained coastal home suited to families or those seeking a permanent retreat with low operational overhead. The Mediterranean finish, including limestone and rendered brick, travertine floors, and raked timber ceilings, is not common in this price tier and supports a premium positioning relative to standard coastal stock. The bushfire prone overlay is a material cost factor, as it may increase insurance premiums and impose stricter landscaping or building material requirements for any additions. The estimated valuation sits notably below the current asking range, which signals either a pricing gap or a negotiation opportunity for a buyer who can move decisively. The bore-water system and solar panels reduce ongoing utility exposure, but the pool and large grounds still carry maintenance obligations. For a buyer able to hold this property as a long-term coastal base or family compound, the dual-title configuration and proximity to beach access provide both lifestyle depth and latent capital optionality without requiring immediate development.