This property is recently rejuvenated and located in one of Rye's most favourite and highly sought-after positions - just a short and leisurely stroll to all nearby shops and Rye front beach. Offering a double-storey brick veneer home that opens up to a spacious interior compromising a living room, dining area and kitchen; zoned to the second storey of the property are three good-sized bedrooms with built-in robes, a family bathroom and laundry with a second toilet. Sitting on a generously sized allotment of 742sqm of blue-chip coastal land, this property offers fantastic potential for further renovations and additions. It is centrally located and surrounded by Moonah and Ti-trees, sitting in one of the Mornington Peninsula's most coveted coastal locations for its privacy and tranquillity. This property is surrounded by lifestyle and retail amenities, from the pristine bay and surf beaches, premier golf courses, corner cafes and the famous Peninsula Hot Springs, to name a few - and just over a one-hour drive from Melbourne's CBD. Further features include but are not limited to a separate powder room downstairs, ample parking space with plenty of room for the necessary lifestyle extras (cars, boats, caravans etc.), plenty of extra storage space throughout the home, an oversized three-car garage with internal access and a huge driveway, woodfire place and a huge balcony/entertaining outdoor area. Being offered to the market via private sale, this truly is an excellent opportunity to purchase a seaside home in a leading holiday destination. Call now, as I don't expect this property to last long!