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31 Pier One Drive, Patterson Lakes$2.94m
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31 Pier One Drive

Patterson Lakes, VIC 3197, Australia
$2.80m – $3.08m
3 bed 4 bath 2 car

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About this property

Perfectly positioned within the exclusive waterfront enclave of Patterson Lakes, this architecturally designed residence presents an extraordinary opportunity to secure an uncompromising lifestyle of luxury, sophistication and absolute waterfront living. Showcasing its own private marina berth and commanding uninterrupted views across the tranquil waters of Patterson River, the home combines cutting-edge contemporary design with bespoke industrial-inspired finishes to create a residence unlike any other. Designed to impress from the moment you arrive, every level has been thoughtfully curated to maximise natural light, breathtaking water views and seamless indoor-outdoor living. Striking concrete flooring, rich timber accents, soaring ceilings, expansive floor-to-ceiling glazing and designer feature lighting combine to create a bold yet inviting aesthetic, while premium finishes and meticulous craftsmanship are evident throughout every space. The ground floor offers an exceptional welcome, featuring a sun-drenched living retreat or entertaining room that seamlessly extends onto beautifully landscaped gardens overlooking the river, providing direct access to your private berth and an unrivalled boating lifestyle. A spacious home office offers the ideal work-from-home environment, complemented by a beautifully appointed designer bathroom finished with statement black tapware, bespoke fittings and premium fixtures. Accommodation has been thoughtfully designed to cater to both families and executive living, with three generously proportioned bedrooms occupying the first floor. The magnificent master suite serves as a luxurious private sanctuary, complete with extensive built-in storage and a private balcony capturing breathtaking river vistas. A second bedroom enjoys the luxury of its own stylish ensuite, while the remaining bedroom is serviced by an equally impressive central bathroom. An additional balcony on this level provides yet another tranquil space to relax while enjoying the ever-changing waterfront outlook. The spectacular second floor forms the true heart of the home, delivering an expansive open-plan environment where entertaining and everyday living come together effortlessly. Multiple living and dining zones provide exceptional flexibility, while the designer kitchen stands as a true centrepiece. Appointed with a substantial stone island bench, mirrored splashback, premium stainless-steel appliances, extensive cabinetry and exceptional preparation space, it has been crafted to satisfy both passionate home chefs and those who love to entertain. The surrounding living areas embrace the stunning river outlook, creating a remarkable backdrop for every occasion. Occupying the uppermost level, an incredibly versatile retreat provides endless possibilities as a fourth bedroom, executive lounge, home theatre, games room or private guest accommodation. Opening onto two expansive rooftop balconies, this exceptional space captures panoramic views stretching across Patterson River and the surrounding waterways, offering the perfect setting for sunset entertaining or peaceful relaxation above it all. Designed with both luxury and practicality in mind, the residence is further enhanced by lift access to every level, heating and cooling throughout, soaring ceilings, designer black fixtures, floor-to-ceiling windows that flood the interiors with natural light, abundant storage and a secure double remote garage. Delivering an unparalleled waterfront lifestyle, residents can step directly from their home to their private marina berth and enjoy immediate access to Patterson River and Port Phillip Bay. Positioned within moments of The Cove Hotel, Patterson River Country Club, local cafés and shopping precincts, picturesque parklands, Patterson Lakes Primary School, Patterson River Secondary College, Carrum Station, beautiful beaches, walking trails and the Mornington Peninsula Freeway, every lifestyle convenience is only moments away. Combining striking contemporary architecture, bespoke designer finishes, exceptional family accommodation and one of Patterson Lakes' most coveted absolute waterfront positions, this remarkable residence offers a rare opportunity to experience luxury living with direct river access, spectacular views and a lifestyle that is simply second to none.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
4
Parking
2
Listed
Yesterday

Repayment calculator

$14,253/month
$7,126 /fortnight
Loan $2,352,000 at 6.10% over 30 years

Upfront costs

Deposit$588,000
Stamp duty$171,100
Conveyancing (est.)$2,000
Total upfront$761,100
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Patterson Lakes

This 3-bedroom house in Patterson Lakes, VIC 3197 sits within reach of public transport, local shops and nearby schools. It is listed 150% above the $1.18m median of 73 comparable houseswithin 5 km.

Schools near Patterson Lakes

  • Patterson Lakes Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Dahmen St/McLeod Rd (bus)249 m away
  • Unnamed791 m away
  • Schooner Bay Drive Reserve440 m away
  • Unnamed555 m away
  • Snapper Point Park579 m away

Patterson Lakes at a glance

Full suburb profile
Population
7,793
Median age
46
Household income
$1,932/wk
Median rent
$430/wk
Median mortgage
$2,100/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Patterson Lakes price trend

Median sold · House 3 bed

Compound growth +6.2% / yr over 4 yrs

$1.17mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Patterson Lakes market

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Price history

Price history

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1 price change recorded for this property

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Within 5km

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