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46 Riviera Crescent

Ocean Grove, VIC 3226

46 Riviera Crescent - Image 1
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$3,500,000

4
2
2
2003m²
HouseFor SaleRESIDENTIAL

Lakeside Sanctuary of Timeless Character and Modern Refinement

Description

Set deep within nature's splendour, this picture-perfect sanctuary forms an unforgettable living experience, artfully blending distinctive character, modern refinement, and lifestyle affluence against an utterly captivating Blue Waters Lake backdrop. Some 2,003sqm (approx.) of lakeside land surrounds this mesmerising residence, where stone-stack walls frame spaces rich in rustic detail, as masses of glazing create a picturesque scene from every vantage point. Perfectly attuned to both lavish indoor-outdoor entertaining and a relaxed family lifestyle, the two-storey home welcomes guests to an interior adorned with timber flooring, exposed stone, leadlight windows, and pitched ceilings. On entry, an open plan living domain offers a soothing ambience beside a gas log fire, while the kitchen is outfitted with stone benchtops, timber detailing, and quality appliances. Through French doors, the space integrates with an elevated deck, indulging alfresco celebrations beside a built-in fireplace. Back inside, the main bedroom pampers with mirrored robes, ensuite, and private balcony, complemented by two further bedrooms on the ground floor, served by a luxe dual vanity bathroom with oversized walk-in shower and freestanding tub. Upstairs, a bridge-connected fourth bedroom with balcony and sweeping views over the adjacent lake could easily function as a second living room, offering additional space for families to relax and unwind. An open study area ensures space to work from home, while a comprehensive list of features includes reverse cycle air-conditioning to both levels, a freestanding double garage with work bench and mezzanine storage, garden shed, raised garden beds, and masses of grassy outdoor space. An exceptional opportunity in one of the Bellarine's most coveted locations, with direct access to lakeside walking tracks, the home is also within easy reach of the Barwon River, highly regarded local primary school, and the vibrant town centre.

Property Details

Land Size

2003 m²

Property Type

House

Listing Type

RESIDENTIAL

Ocean Grove by the numbers

Official published figures for the suburb, shown as their own dated facts — not combined into a score.

House median sale price

$900,000

2025-Q4

Unit median sale price

$740,000

2025-Q4

Places to eat within walking distance

3 within about 1.2km. A few of them — listed by distance, not by how good they are.

Groove · Ocean Grove Bowls Club · Parade Espresso Bar

Source: Victorian Property Sales Report © State of Victoria (Department of Transport and Planning), CC BY 4.0 · © OpenStreetMap contributors (ODbL)

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35 Inglewood Lane

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40 Lake Avenue

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3/97 The Terrace

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Where this home sits

Zoned government primary
Ocean Grove Primary School
Zoned government secondary
Bellarine Secondary College

Zones are the government school zones published by each state. Confirm with the school before relying on them.

How this home compares

$3.49m

Asking price

$900k

Suburb median, houses

+288%

Asking vs median

This home's asking range midpoint is $3.49m, about 288% above the Ocean Grove median for houses ($900k).

The median is of settled sales (2025-Q4). An asking price is not a sale price. More about Ocean Grove

Similar homes for sale nearby

Same type, within one bedroom. Cheapest asking price first.

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