51 Ormond Espl, Elwood

Inspections by appointment. Contact Alex Schiavo on 0419 239 549. Perched atop the iconic St Kiernan building, this breathtaking five-bedroom, 5.5-bathroom penthouse delivers the ultimate in bespoke luxury living. Commanding a premier position on Elwood’s exclusive Golden Mile beachfront, it combines world-class indoor/outdoor entertaining with an infinity-edge rooftop pool and spa, and panoramic 360-degree views across Port Phillip Bay and the Melbourne skyline. The transformation of one of Elwood’s most distinguished period buildings into a contemporary masterpiece is the result of an extensive, owner-led restoration and reconstruction. With a flawless balance of sophisticated design and modern functionality, the residence spans over 800sqm (approx.) of interior and exterior living space, including more than 300sqm of outdoor areas, all meticulously oriented to capture the spectacular vistas. The penthouse flows across multiple light-filled living areas, each designed for refined comfort and effortless elegance. At its heart, the open-plan living domain is anchored by a striking marble kitchen featuring an integrated fridge/freezer, WOLF appliances (including steam oven and both gas and induction cooktops), a walk-in pantry, and an adjoining dining space. Floor-to-ceiling steel-framed glazing opens seamlessly to a wide bay-facing terrace, blurring the line between indoors and out. A generous north-facing living room forms an inviting entertaining zone, complemented by a built-in marble bar with integrated fridge and twin Miele wine fridges. This area extends to a deep terrace that frames sweeping views of the city skyline. Crowning the residence, the private rooftop pavilion is a true showpiece, complete with kitchenette, powder room, and landscaped terraces that encircle the infinity-edge pool and spa. From this elevated position, uninterrupted 360-degree views of the bay and city create a spectacular backdrop for both lavish gatherings and quiet moments of solitude. The main bedroom suite offers a luxurious retreat, with twin walk-in robes, a marble ensuite featuring steam shower and soaker bath, and a dedicated sitting area. Positioned alongside a fourth living room with open fireplace and two bespoke studies, the suite ensures a sense of privacy and seclusion. Completing the home are four additional ensuite bedrooms, secure parking for five cars (including a three-car private garage), extensive storage solutions, and lift access to all levels. Situated opposite Elwood Beach and just a short stroll from Elwood Village’s boutiques, cafes, and bars, this exceptional residence offers the perfect balance of coastal serenity and city convenience, with easy access to prestigious private schools, transport links, the CBD, and the Mornington Peninsula.