Enjoy the tranquillity of this much-loved home surrounded by established greenery and situated within walking distance to Mount Martha Primary School & South Beach. Renovate the original home, redevelop entirely or consider the potential of a two-lot subdivision (STCA). This property offers unlimited opportunities and will suit a multitude of buyers looking to secure a prime piece of Mount Martha real estate. Light-filled throughout, this fantastic home presents a well-equipped kitchen with open living and dining areas, while the expansive north-facing front balcony offers glimpses of stunning Port Phillip Bay. Large glass doors open out to a spacious entertainers deck with an in-built outdoor kitchen & BBQ, presenting an ideal setting for hosting friends and family. Offering generous spaces and a versatile floorplan, the home boasts three bedrooms with built-in robes, including a master with ensuite. The nearby family room is the perfect retreat, offering a gas fireplace and balcony access. Additional features include a separate laundry with external access, ducted heating & cooling, plus a double carport with adjoining storage area. This large 1,839m2 (approx.) allotment presents outstanding potential to subdivide with bay glimpses, and offers an enviable opportunity with endless possibilities for families and investors alike.