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7 Costerman Terrace

Marengo, VIC 3233, Australia
$2.25m
5 bed 4 bath 3 car4412m²

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Area Price Guide
$2.12m$2.38m

Indicative price guide range

🏘️
83
Comparable
📊
$798,000
Area median
⚖️
+182%
vs median
📐
$510
Per m²
📏
4412 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

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About this property

Set on an expansive 4,412sqm allotment in a tightly held pocket of Marengo, this exceptional residence delivers a rare combination of scale, privacy and natural beauty. Custom-designed this home has been thoughtfully crafted to embrace its spectacular outlook, with sweeping views across the ocean, rolling farmland and distant mountain ranges forming a stunning backdrop. Spanning two generous levels, the home comprises five bedrooms and four bathrooms, all enhanced by air conditioning for year-round comfort. Multiple living zones provide flexibility for large families or those who love to entertain, while numerous timber decks invite you to relax outdoors in every season. A covered alfresco area is complete with an outdoor kitchen and swim spa. Expansive floor-to-ceiling windows flood the interiors with natural light and frame the surrounding landscape at every turn. The residence showcases a carefully curated palette of materials, including Sandhurst Stone blocks, Masterwall cladding for enhanced insulation, Hoobler Stone and striking Cypress Pine posts. Polished concrete floors anchor the ground level with a contemporary edge, while tiles and plush carpet add warmth and comfort upstairs. The ground floor welcomes you with an impressive entry foyer and a stunning timber and glass staircase leading to the upper level. One wing incorporates a guest bedroom, bathroom, lounge and a dedicated sewing room or office, while the opposite side provides access to a spacious laundry/mudroom and double garage, ensuring practicality matches the home's refined aesthetic. Upstairs, two additional bedrooms share a beautifully appointed bathroom featuring a deep soaking tub. The master suite offers a walk-in robe, private ensuite and convenient laundry chute. A separate parents' retreat or studio apartment enhances the versatility of the layout, complete with its own ensuite, kitchenette, private deck and external stair access, ideal for guests, extended family or Airbnb. At the heart of the home, the kitchen impresses with stone benchtops, a walk-in pantry, gas cooking and a large island bench with integrated sink. This central hub flows naturally into the open-plan living and dining domain, which extends effortlessly onto a substantial timber deck designed for soaking in the panoramic views. Further features include a 5kW solar PV system, an impressive 80sqm Colorbond shed and generous lawn areas dotted with native trees, shrubs and established fruit trees. KEY FEATURES Generous 4,412 sqm block in an exclusive Marengo setting Residence custom-designed by PK Studio of Torquay Spectacular outlook with ocean, farmland and mountain views 5 bedrooms and 4 bathrooms across two levels, all with air conditioning, including a separate parents retreat or studio apartment Multiple livings spaces, plus numerous timber decks, including a covered alfresco space with outdoor kitchen, bar fridge and swim spa Build materials include Sandhurst Stone blocks, Masterwall cladding, Hoobler Stone and Cypress Pine posts Large entertainers' kitchen with stone bench tops, a walk-in pantry, gas cooking and a large island bench with sink 5kW solar PV system, 80 sqm Colorbond shed, plus generous areas of lawn populated with numerous native and fruit trees

Property Features

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    Repayment calculator

    $10,908/month
    $5,454 /fortnight
    Loan $1,800,000 at 6.10% over 30 years

    Upfront costs

    Deposit$450,000
    Stamp duty$126,250
    Conveyancing (est.)$2,000
    Total upfront$578,250
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    4
    Parking
    3
    Land Area
    4412m²
    Listed
    1 month ago

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