Situated amongst 950.6sqm (approximately) of elevated and private land, this exceptional offering of two separate homes on one large block comes hardly offered to the market within this location. Positioned between the Rye Bay and Ocean back beaches, we don't expect this property to last long. The property consists of two separate homes; made perfect for in-laws' or teenage accommodation, for separate families to enjoy each unit or a potential second income stream (STCA). Currently boasting a beautifully renovated character home with quirky features and easily accommodating friends and family for large scale entertaining when required or cosy single level living. An abundance of natural light will ensure you instantly feel at home amongst the coastal flora and tree-top outlooks - Combining two living areas, with one enjoying a dynamic backdrop of coastal trees and vines, an outdoor entertaining area, open plan kitchens and a wide selection of bedrooms/accommodation, easily maintained gardens with plenty of extra usable space and storage for the necessary lifestyle extras like cars, boats and caravans. Perfectly situated within a short distance to surrounding premier golf courses, world class wineries, pristine bay and ocean back beaches, cafes and all the lifestyle attractions which the Mornington Peninsula has to offer, this is truly a great opportunity for those looking to secure a seaside home. Sewerage has been paid for but not connected. Please feel free to contact Ray White Rye for a private viewing.