
A whole-floor St Kilda penthouse with panoramic bay views has hit the market with a $4 million to $4.4 million price guide, attracting interest from buyers across Melbourne, interstate and overseas.
The four-bedroom, four-bathroom residence occupies the entire top floor of 30 The Esplanade, capturing sweeping views of Port Phillip Bay, the Palais Theatre, Luna Park and the city skyline.
Kay & Burton Stonnington director Darren Lewenberg said the penthouse had drawn interest from both downsizers and a broader market.
“It’s interesting, we’ve had a lot of inquiry from the mature market, people coming out of large family homes who still want space to entertain and host the family, but in a more manageable setting,” Lewenberg said.
“But it’s not just your typical downsizer.”
“This home has a presence โ it’s commanding attention from all over because people recognise how rare it really is.”
Designed by award-winning architects SJB, the penthouse was originally conceived as two separate apartments before a former owner amalgamated the third floor and rooftop to create a full-floor sky home.
The residence boasts its own rooftop retreat complete with a spa, sauna, outdoor kitchen, daybed, three bar fridges and two alfresco bathrooms.
Wide European oak floorboards, Calacatta marble finishes and full-height glazing create a luxurious tone throughout, while the home’s scale and flow feel more like a freestanding house than an apartment.
The Smeg-appointed kitchen includes a 90-centimetre gas cooktop and integrated Liebherr fridge, anchored by a marble island and separate marble breakfast bar.
The internal layout includes multiple living and entertaining zones, with a dedicated dining space framed by views of Luna Park and the bay, and a lounge featuring curved custom bookshelves and gallery lighting.
The main suite includes walk-in and built-in robes plus a marble-clad ensuite, while two further bedrooms have private ensuites and the fourth is serviced by a central bathroom.
Lewenberg said the double-glazed windows and acoustic insulation deliver surprising serenity despite the home’s buzzing Esplanade position.
“You can be standing inside, looking out over the city skyline or watching queues form at the Palais, and yet it’s absolutely calm,” he said.
“That combination of visual immersion and acoustic privacy is incredibly rare.”
Lewenberg said the rooftop leaves buyers speechless.
“The lift opens into the private lobby, and straight away you’re hit with uninterrupted views across St Kilda and the bay,” he said.
“People light up, there’s a physical reaction. And then they head upstairs and it all elevates again.”
“It’s almost spellbinding.”
The rooftop zone is fully self-contained, with bathrooms, entertaining infrastructure, lush planters and ambient lighting, all steps from the sand.
“This home offers the ultimate balance, you’re in the thick of it, but you’re also completely cocooned,” Lewenberg said.
“It’s irreplaceable.”
Other highlights include zoned heating and cooling, Liebherr wine fridge, powder room, full laundry, video intercom, direct lift access and basement parking for four cars with storage.
Expressions of interest close on June 11 at 1pm.