84 Two Bays Road

Capturing sweeping views across the Mornington Peninsula hinterland to Western Port and the rolling landscape of Red Hill, this remarkable 1 acre (approx. 4,309m²) parcel of land presents a rare opportunity to create an exceptional lifestyle residence on Mt Eliza's coveted eastern slopes. With substantial groundwork already in place, including excavation and connections to electricity and water, along with previously approved plans for a significant hillside residence, the site is well prepared for future development. Offering further flexibility, the generous landholding may also present potential for subdivision (STCA), allowing buyers to sell a portion to assist with their build or retain as a long-term investment. A wide 35.8m frontage and elevated position between 85m and 128m above sea level ensures the breathtaking outlook will remain uninterrupted. Positioned just moments from Mt Eliza Regional Park & Emil Madsen Reserve, the setting embraces a tranquil natural environment with walking trails, native birdlife and leafy surrounds, while still being within easy reach of Mt Eliza Village, prestigious schools including Peninsula Grammar and Toorak College, and an array of beaches, cafés and restaurants. The original approved plans feature a substantial two-storey residence of generous proportions, including six bedrooms, multiple living areas opening to a viewing balcony and rear deck, a gourmet kitchen with walk-in pantry, a luxurious master suite capturing panoramic outlooks, guest accommodation with ensuite, a study, theatre, lift and double garage. Alternatively, purchasers may choose to refine the design to a bespoke architectural statement to fully capitalise on this extraordinary site. Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact Candice Blanch on 0447 188 469.