Sale

23 Caldwell Road, Dromana VIC 3936

$950,000 to $1,045,000
4
2
2
840m2
House

Expansive Corner Allotment with Spectacular Water Views

Elevated above the township with sweeping bay vistas, this substantial dual-level home captures a breathtaking panorama that stretches from Safety Beach and Mount Martha through to Arthurs Seat. From the expansive wraparound deck, the outlook takes in glistening water by day and a sparkling sea of lights by night, creating a spectacular backdrop for everyday living and unforgettable summer entertaining.

Set on an impressive 839sqm (approx) corner allotment with broad street frontages and a striking sense of space, the property offers immense potential for renovation, extension or a luxury new home rebuild, subject to council approval. The existing residence is solid and generously proportioned, with a light-filled upper level oriented to the view, extensive glazing and sliding doors opening directly to the deck, and a warm mix of timber floors and feature brickwork that hint at a classic coastal style ready to be reimagined.

The main living domain occupies the entire upper floor, where an open-plan kitchen, dining and lounge zone flows seamlessly to the deck for effortless indoor-outdoor living. A wood heater and split-system air-conditioning keep the space comfortable year round, while the family-sized kitchen provides abundant storage and bench space, a wall oven and dishwasher, offering an immediately functional environment with clear scope to modernise. Adjoining this level, the main bedroom enjoys its own deck access, walk-in robe and a spacious semi-ensuite bathroom with spa, making it a peaceful retreat positioned to soak in the view.

On the lower level, three additional bedrooms are serviced by a second bathroom, providing ample accommodation for family and guests. A large games room with bar opens to the garden and covered areas beneath the deck, creating a fun second living zone or teen retreat that can evolve with changing needs. The layout lends itself beautifully to a future dual-occupation or Airbnb-style configuration, subject to approvals, with separate entry points and good separation between floors.

Outside, the gently sloping block is dotted with established trees and open lawn, delivering a private, leafy setting that frames the water outlook while still leaving plenty of room for landscaping, a pool or further extensions if desired. A substantial freestanding double garage provides secure parking and storage for beach gear, tools or trade equipment, and there is additional off-street parking available thanks to the wide corner position.

The location is ideal for those seeking the perfect balance between hillside tranquility and everyday convenience, with Dromana Primary School, the shopping centre, cafes, foreshore and safe swimming beaches all within easy reach down the hill. Arthurs Seat State Park and surrounding bushland walking tracks are moments away, offering weekend adventures and a peaceful natural buffer that enhances the property’s sense of escape.

Brimming with potential and blessed with one of the area’s most captivating outlooks, this much-loved coastal home is ready for its next chapter, inviting renovators, families, holiday-makers and visionaries to unlock the full value of its commanding position and generous landholding.

Inspections

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Auction

Saturday 21 Mar 10:30 am
On Site
Contact agent for auction details

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