1/2 Banks Street, McCrae, Vic 3938

There's something about McCrae that instantly makes life feel a little easier — and this beautifully finished home captures exactly that.

Built in 2024 and positioned in one of the Mornington Peninsula's most loved beachside pockets, 1/2 Banks Street combines contemporary design with the relaxed character you actually want from a coastal home. Light-filled, spacious and incredibly easy to live in, it's the kind of property that feels just as good on a quiet Sunday morning as it does with a house full of friends.

At the heart of the home, the open-plan kitchen, living and dining zone is bright, fresh and beautifully connected. Italian 900x900 floor tiles bring a refined finish to the main living area, while the completely upgraded kitchen pairs crisp white cabinetry with a generous island bench and integrated wine storage — creating a space that's as practical day-to-day as it is impressive when entertaining.

Adding warmth and character is the modern wood fire, set proudly on an elevated hearth and creating a natural focal point for the living space through the cooler Peninsula months.

The attention to detail continues throughout the home, with luxuriously upgraded bathrooms and laundry, coastal wall panelling through the bedrooms and a considered palette that feels contemporary without losing the relaxed beachside character that makes McCrae so appealing.

And when the sun goes down, the outdoor area really comes into its own. Gather around the fire pit, fire up the BBQ or pizza oven and settle in amongst the established landscaping. It's private, inviting and designed to be enjoyed rather than maintained, with water tanks adding another practical touch to the property.

Across two levels, the home offers four generous bedrooms, two bathrooms plus a powder room and multiple living zones. The ground-floor master suite with walk-in robe and ensuite provides excellent separation, while upstairs, three further bedrooms surround a large second living area — complete with glimpses across the rooftops to Port Phillip Bay.

Away from the main residence, a separate garden studio or home office with its own entrance creates a genuinely useful additional space. Whether working from home, running a business or simply wanting somewhere quiet to escape, its independent access ensures privacy for both the home and whoever is using the studio.

There's also a double garage with durable epoxy flooring, excellent storage and a considered floorplan that gives everyone their own space without losing that sense of connection.

Then there's McCrae itself.

Sitting between Dromana and Rosebud at the foot of Arthurs Seat, McCrae is one of those places where the Peninsula lifestyle genuinely becomes part of your everyday routine. White sandy beaches and calm bay waters line the foreshore, cafés and restaurants are close by, and the Bay Trail follows the coastline for morning walks and bike rides. Behind it all, Arthurs Seat rises above the suburb, delivering some of the Peninsula's most spectacular views across Port Phillip Bay.

Morning swims. Coffee by the beach. Winter nights by the wood fire. Pizza around the fire pit. A glass of wine as the sun disappears over the bay.

1/2 Banks Street isn't trying too hard to be a beach house — it simply makes beachside living feel effortless.