A rare and remarkable offering in one of Portarlington's most elevated and tightly held locations, this expansive 3863m2 (approx.) property captures breathtaking panoramic views across Port Phillip Bay, stretching from the You Yangs to the Melbourne CBD skyline. Just 2KM to the centre of town and 100m from a bus stop. Positioned proudly overlooking the Portarlington sports precinct and enjoying a prized north-facing aspect, this substantial landholding presents an exceptional opportunity for developers, investors, or families seeking space, views and future potential. Offered across two blocks on two separate titles, yet currently held under a single rates notice, the property is available to be purchased together or individually — creating outstanding flexibility for a range of buyers. With significant scope for redevelopment or subdivision (STCA), the possibilities here are truly exciting. The original brick and timber residence, constructed in the 1960s by a respected local builder and lovingly retained within the same family ever since, offers timeless character and solid foundations for renovation or extension. Largely original throughout, the home comprises three bedrooms, two bathrooms, generous living spaces including a large kitchen with walk in pantry and retains its authentic mid-century charm. Set on concrete stumps, the home also features extensive under-house storage, multiple garages, sheds and workshop spaces, ideal for tradespeople, hobbyists or additional storage requirements. Modern comforts include split system heating and cooling and gas heating. Whether you envision a landmark development project, luxury family estate, or the restoration and expansion of a classic coastal home, this is an extraordinarily rare opportunity in a premium Portarlington setting. Key Features: • Approx. 2/3 acre across two titles • Spectacular Port Phillip Bay, You Yangs & Melbourne CBD views • Elevated north-facing position • Overlooking Portarlington sports grounds • Original brick and timber 3-bedroom, 2-bathroom home • Built and owned by respected local builder since the 1960s • Multiple garages, sheds & workshop/storage areas • Split system heating/cooling; gas heating • Close to town and public transport • Exceptional development or expansion potential (STCA) • Purchase together or individually