Mount Martha Mansion Gutted and Transformed into a $9.9m Resort Oasis
Few properties on the Mornington Peninsula command attention quite like the extraordinary estate at 413–414 Esplanade, Mount Martha. Perched on one of the area's most coveted bay-view positions, this sprawling 3,304-square-metre property has been spectacularly gutted and reimagined over the past eleven years into what can only be described as a private resort. Now listed for $9.9 million, it represents one of the most compelling luxury real estate opportunities on the Victorian coastline.
From Ordinary to Extraordinary: The Transformation Story
When vendors Sharon and Rob Cummings first acquired the property, the residence looked vastly different from the showstopper it is today. What stood on the block was a conventional two-level home — functional, but far from the resort-calibre sanctuary the couple envisioned. Over the course of more than a decade, they undertook a comprehensive transformation, gutting the existing structure and rebuilding it from the inside out with a singular goal: to create a home that felt less like a residence and more like a five-star retreat.
The result is a masterclass in luxury coastal living. Every design decision has been made with both aesthetic impact and liveable comfort in mind, blending architectural ambition with the relaxed, sun-soaked lifestyle that defines the Mornington Peninsula at its finest.
Panoramic Bay and City Views That Steal the Show
The property's position is, without question, its most irreplaceable asset. Situated on the Esplanade — widely regarded as one of Mount Martha's most prestigious addresses — the estate captures sweeping, panoramic views across Port Phillip Bay and out to the Melbourne city skyline. These views are not an incidental bonus; they are the backbone around which the entire home has been designed.
Floor-to-ceiling glazing, thoughtfully positioned living spaces, and outdoor entertaining areas all work in harmony to maximise the visual connection between the interior and the breathtaking natural landscape beyond. Whether you are waking up at sunrise or entertaining guests as the city lights flicker across the bay at dusk, this is a home that delivers a constantly changing, endlessly captivating backdrop.
Resort-Style Living on an Enviable Scale
The term "resort-style" is used liberally in luxury real estate, but at 413–414 Esplanade, it is a genuine and accurate description. The property's outdoor zone is a standout feature, anchored by an enviable pool area that would not look out of place at a boutique coastal hotel. A dedicated pool house accompanies the main swimming pool, offering a self-contained retreat within the retreat — perfect for summer entertaining, weekend gatherings, or simply unwinding in complete privacy.
The two-level main residence complements the outdoor amenity with generous, well-appointed interior spaces that prioritise both luxury and functionality. The scale of the home is significant, but it has been designed to feel warm and liveable rather than coldly grand. High-end finishes, thoughtful spatial planning, and a consistent design language throughout ensure that every room contributes to the overall sense of elevated coastal living.
Why Mount Martha Continues to Attract Premium Buyers
Mount Martha has long held a special place in the hearts of Melbourne's property market. Positioned on the western coast of the Mornington Peninsula, approximately 60 kilometres south of the Melbourne CBD, it offers a rare combination of natural beauty, community charm, and accessibility that continues to draw high-net-worth buyers seeking lifestyle properties without sacrificing proximity to the city.
The Esplanade in particular has established itself as one of the suburb's most sought-after streets, with its elevated bay-facing positions delivering the kind of views that buyers pay a significant premium to secure. Properties of this calibre — on significant landholdings, with luxury improvements and irreplaceable outlooks — rarely come to market, which makes the listing of 413–414 Esplanade a noteworthy event for the broader Mornington Peninsula luxury property sector.
Key Features of the $9.9m Estate
- Landholding: A substantial 3,304 square metres across two titles (413 and 414 Esplanade), providing exceptional scale and privacy in a tightly held coastal suburb.
- Views: Panoramic, uninterrupted outlooks across Port Phillip Bay with the Melbourne city skyline visible on the horizon — a truly irreplaceable coastal perspective.
- Pool zone: An impressive resort-calibre swimming pool complemented by a fully appointed pool house, creating a self-contained outdoor entertaining and leisure precinct.
- Residence: A two-level home comprehensively gutted and transformed over eleven years into a luxury coastal retreat with premium finishes throughout.
- Location: Positioned on one of Mount Martha's most significant bay-view estates, on the prestigious Esplanade — one of the Mornington Peninsula's most coveted addresses.
A Rare Opportunity in Luxury Coastal Real Estate
For buyers searching for a genuinely exceptional coastal lifestyle property, 413–414 Esplanade, Mount Martha, presents a once-in-a-generation opportunity. The combination of a significant landholding, a meticulously transformed luxury residence, resort-calibre outdoor amenity, and panoramic bay and city views is extraordinarily difficult to replicate — particularly at this address.
The Cummings' eleven-year journey to create their dream home has produced something that transcends the ordinary luxury property market. This is not simply a house with good views; it is a fully realised resort oasis in one of Victoria's most beautiful coastal settings, offered to market at a price that reflects both its uniqueness and its extraordinary investment in quality and vision.
With the Mornington Peninsula's luxury property market continuing to attract strong interest from both local and interstate buyers, an estate of this calibre is unlikely to remain available for long. For those seeking the ultimate in bay-view coastal living south of Melbourne, the transformation at 413–414 Esplanade stands as one of the most compelling residential stories — and real estate opportunities — the region has seen in recent memory.