142 Smith St, Lorne, is on the market with $7.9m to $8.5m price hopes.
A prestigious architect-designed pad described as one of “Australia’s finest coastal homes” could be the first in Lorne to crack $8m.
The angular five-bedroom, seven-bathroom house is on track to break the town’s record after hitting the market with a $7.9m to $8.5m price guide.
Set over three levels, it’s a rare jewel on the Victorian coastline, offering north-facing ocean views from a blue ribbon strip overlooking Louttit Bay.
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The privately positioned swimming pool is set among landscaped gardens.
The main living area links to the pool deck.
Great Ocean Road Real Estate, Lorne agent Ian Stewart is handling the expressions of interest campaign for the property at 142 Smith St, Lorne.
Leading Melbourne architecture firm Jackson Clement Burrows designed the multi-generational holiday house featuring basement garaging, a swimming pool, theatre and reading rooms.
Architect Graham Burrows said the knockdown rebuild project, completed by Poulsen Builders about a decade ago, was shaped by the tree-lined, sloping site’s remarkable natural assets.
“Some of the design response was about how to fit in among those trees in a way that felt sympathetic and we were mindful of the tree root protection zones so that actually generated some of those geometries,” Mr Burrows said.
“Some of the angles were also about giving the opportunities for views even from further back, from the other bedrooms at the rear of the property, back down to the bay.
“It was really respecting what was so special about that site and Lorne in general. It’s one of the few places in Australia where you get the forest meeting the ocean.”
The rumpus room on the lower level has underfloor heating.
The property is not far from Lorne Pier and the Grand Pacific Hotel.
The kitchen has European appliances and a butler’s pantry.
Floor-to-ceiling windows capturing ocean views are the hero of open-plan living area and the main bedroom, which has ensuite with an ocean-facing bathtub and an adjoining sitting room.
“It is just about embracing that amazing aspect and feeling like you are in the tree canopy at the same time,” he said.
As a multi-generational holiday home, there’s ensuites to each of the five bedrooms, as well as a choice of breakout spaces and a study to work remotely.
Mr Burrows said the owners were passionate about the interiors, which were designed to display their artwork.
Other features include a lift, tandem double garage, wine storage and Control4 smart home system.
Lorne’ current house price record of $7.25m has stood for six years, when a luxurious compound at 1 Roadknight Rd sold just before the Covid pandemic hit.
Another 5500sq m compound in Big Hill sold for $8.25m in December 2022.
Expressions of interest in 142 Smith St, Lorne, close on February 12 at 5pm.
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