1 Dundas Street, Rye, VIC, 3941, Australia

Situated only 150 meters from the pristine waters of Port Phillip Bay, lies this modern stylish, architecturally designed spacious home. Spread over three levels this house has been expertly crafted to take full advantage of the shimmering water views. The open-plan layout embraces effortless indoor-outdoor living with multiple gathering spaces, excellent for hosting guests and immerse yourself in this extremely laid-back lifestyle.

Daily life will center around the first floor's generous kitchen, dining and living room with a fireplace, air-conditioning, a soaring ceiling and direct access to the expansive entertainer's deck. Gorgeous timber floors flow underfoot while the kitchen is tiled and boasts an island, quality appliances and direct access to a second smaller deck.

Four air-conditioned bedrooms are also on this level with built-in robes and easy access to two bathrooms, the laundry and a storeroom. Your decadent master suite is housed on the upper level with a parent's retreat, a walk-in robe and a luxurious ensuite with a spa and separate shower.

Extending the layout even further is the versatile ground floor with a games room, ample storage and a double garage. There's even a self-contained area on this floor with an open meals, kitchen and living zone, an air-conditioned bedroom, a bathroom and a powder room. Whether you're looking to accommodate extended family or generate a rental income, this bonus space could be just what you're after.

The list of extra features is extensive and includes carport parking, a caravan/boat area, an outdoor shower and a low-maintenance yard for the kids. Shops, schools and an endless array of Mornington Peninsula's world class wineries.