Dream weekender sets $7m-plus record for Torquay

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98 The Esplanade, Torquay, has set a new record for Surf Coast capital.


A stunning waterfront home in Torquay has broken the city’s house price record in a deal worth more than $7 million.

The dream weekender created by Torquay builder SK Dunstan and Jan Jun architect Jeremy Anderson, from Eldridge Anderson, opposite Fisherman’s Beach at 98 The Esplanade, was listed with a price expectation of $7.75 million to $7.95 million.

McCartney, Torquay agent Tim Carson said the undisclosed sale price was just under the range.

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But sales beat the previous record of $5.8 million set just down the road from The Esplanade last January.

“The buyer is from out of town and bought it as a vacation home,” Carson said.

98 The Esplanade, Torquay.


“They were all excited. They’ve been here on vacation for a while.”

The house was designed for the location, with Melbourne-based owners Craig and Rosemary Ellen’s top bucket list items optimizing the coastal views, from the Point Lonsdale Lighthouse to Point Danger, and allowing them to be family and many friends for beach outings.

Floor-to-ceiling windows line the front and back of the top floor of the distinctive two-story home, and the roof appears to float above gleaming, steel eaves.

98 The Esplanade, Torquay.


Warm-toned wood paneling and polished blockwork on the inside exude simplicity and elegance.

The upstairs dining and lounge area is one of the vendors’ favorite places to relax.

“You see about four seasons in a day in the house as the day progresses with different light and water changes,” Mr Ellen told the Addy last October.

“We enjoy it just as much in the winter as we do in the summer.

98 The Esplanade, Torquay.


“In the winter, the middle deck is sheltered from the south-westerly wind and has a heater, so you can sit outside in the winter. In the summer we use the more exposed terrace because it catches all the sunlight.”

It has expansive views, a double sided gas fireplace separating the dining and living areas, and decking at either end.

A beautiful wooden kitchen with quartz countertops and backsplash and quality appliances overlooks the living area.

98 The Esplanade, Torquay.


There is a four person lift, hydronic underfloor heating, remote control shutters, exterior security cameras and keyless gate and door access.

The lower living area can be converted into a bedroom for 10 people.

The family made good use of the 8m self-cleaning pool and 2m spa in the private courtyard.

98 The Esplanade, Torquay.


The house went on the market last October, but the campaign shifted up a gear as the weather improved, Mr Carson said.

“I probably would have had 12 or 13 inspections in that time. Before Christmas it was a bit slower but the weather was just awful.

“When you get some sunshine, it’s amazing what it does to our market. Things have been going really well since the new year.”

The view of Fisherman’s Beach from 98 The Esplanade, Torquay.


Mr Carson said that was set at 72 The Esplanade, which was due to be auctioned on 4 February.

“We had 32 groups during the first opening, which was January 14, and we had multiple offers.

“We quoted $2.3 million to $2.35 million there and it sold significantly more there.”

With Janet Bond

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