1 Walbrook Road, Rye VIC 3941

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 3

Description: Privately set in a quiet Rye street, this much-loved coastal home offers a relaxed, resort-inspired lifestyle that feels worlds away from the everyday. Surrounded by established tropical gardens and complete privacy, it's a property with its own personality and plenty of room to spread out, unwind and enjoy. Adding to its appeal, the home is positioned within just a 6 minute drive of some of the Mornington Peninsula's most stunning and sought-after back beaches, while also being only a 4 minute drive to the beautiful Tyrone Foreshore, offering the perfect balance of ocean and bay-side living. The ground level delivers an easy family layout with three bedrooms, including a master with ensuite, a central bathroom and two separate living spaces. The open kitchen, dining and living area captures a leafy outlook and connects effortlessly to the outdoors, creating a warm and inviting hub for gatherings and day-to-day living. Upstairs, the home opens into a generous multipurpose zone that works perfectly as a parent's retreat, guest accommodation or an additional bedroom. With its own ensuite, sitting area, study nook and a private balcony overlooking the gardens, it offers a peaceful and flexible space to suit a range of living arrangements. Outside is where this home truly stands out. The covered alfresco area with built-in bar flows to the resort-style pool and spa zone, creating a private sanctuary for entertaining and relaxation. The solar-heated pool is nestled amongst lush tropical planting, while the gas-heated inground spa provides year-round comfort. The setting is completed by the impressive aviary and playful dinosaur sculptures that add to the home's unique, jungle-like character. Currently operating as a successful holiday rental, the property presents an outstanding investment opportunity, generating approximately $60,000 in gross income per annum (approx.). With a double carport, enclosed bar and spa area, and a fully fenced allotment of approximately 616sqm (approx.), this home offers a rare blend of lifestyle, flexibility and income potential - ideal as a family residence, a memorable coastal getaway or a high-performing holiday rental in one of Rye's most convenient pockets.