Property of the week: 6 Bulkara St, Wagstaffe
Agave is the epitome of Instagramable coastal vibes in an exclusive deep waterfront setting.
2 min
Agave may only be six years young, but the glamorous Central Coast beach house is already a record holder two times over.
Crowned HIA-CSR Australian House of the Year in 2018, the Dennis Rabinowitz-designed waterfront residence set a price benchmark for the region in 2020 when it sold for $9.5 million, then again in 2022 after reportedly achieving “well above” its $13.5 million price expectations.
Cathy Baker, principal of Belle Property Central Coast, sold the property each time and has just listed the insta-worthy retreat again with a $16 million guide.
“This is a world class offering. The parcel of land is incredible and it has such a unique north-facing aspect in an exclusive gated community,” Ms Baker said.
“It’s rare to find properties like this one which tick all the boxes for a beautiful home or luxury holiday house.”
Set in the private San Toy Estate on 2188sq m, the Wagstaffe weekender is a sophisticated snapshot of laidback coastal design blending the great outdoors with carefully curated interiors featuring clean white lines and a minimalist palette.
Created for outdoor entertaining on a grand scale, or just lazy days on the water’s edge, Agave’s savvy open-plan design flows freely from three separate living zones onto alfresco decks a lanai-style internal courtyard with welcoming palm trees and feature tiles.
The grand central deck is focussed on capturing the tranquil water outlook and has an integrated barbecue area with ample room for all year round dining or soaking up the sun by the saltwater pool or private sandy beach.
Boating enthusiasts can pull right up to the jetty with deepwater mooring suitable for a super yacht or luxury cruiser while a separate deck is home to a private boathouse retreat that is ideal for yoga or meditation. There is also plenty of space for kayaks and stand up paddleboards.
At the heart of the home an open plan dining area takes centre stage and the state of the art kitchen has sleek marble bench tops, high-end appliances and a big butler’s pantry.
The indulgent seven-bedroom layout features five deluxe ensuites including a luxury hotel-inspired primary suite on the ground floor privately positioned away from the main living areas and other bedrooms. A second level houses six more bedrooms including a bunk room, ideal for multiple family getaways.
Previously listed as a luxury holiday rental earning in excess of $4000 a night, Agave can sleep up to 14 people comfortably, and with multiple entertaining areas and lounging spaces there is a place for everyone to retreat to inside and out.
In addition to landscaped gardens, there is a a top-of-the-line security system, air-conditioning and a double lock-up garage.
Agave is close to Lobster Beach, the Palm Beach and Ettalong ferries and the Bouddi National Park.
For Central Element, the start of work at Pearl represents another step in the company’s growing eastern suburbs pipeline.
All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation
Completed in 2025 by Wolveridge Architects and S. Smith Builders, this extraordinary 51-acre Mornington Peninsula estate combines award-recognised architecture, genuine farming infrastructure and remarkable self-sufficiency.
4 min
A long, winding driveway beneath mature gums provides the first indication that The Farm is not a conventional Mornington Peninsula country property.
Rather than immediately revealing the residence, the approach follows the contours of the landscape, moving through established woodland before the house emerges in a secluded clearing at 515 Tucks Road, Shoreham.
Completed in 2025, the five-bedroom estate has now been listed through Buxton’s James Redfern and Holly Longmuir with expressions of interest and an indicative price range of $18 million to $19.8 million.
At the upper end of that guide, the property could establish a new residential record for Shoreham. The existing benchmark has been reported at $16.5 million.
Set across approximately 20.64 hectares—or about 51 acres—The Farm is a contemporary interpretation of the Australian rural homestead, designed by Wolveridge Architects and constructed by award-winning Mornington Peninsula builder S. Smith Builders.
The property’s vendors, builders Vicki and Steve Smith, reportedly acquired the land through Smith Investments Australia for $4.2 million in 2019. They moved into the completed home in April 2025 and are now selling as they prepare to relocate to Portsea.
A farmhouse reduced to two buildings
Rather than allowing the estate to develop as a scattered collection of rural structures, Wolveridge Architects consolidated its principal functions into two carefully positioned buildings: the main residence and a substantial farm shed.
The structures face a broad central forecourt and sit within a larger composition of native woodland, productive pasture and views towards Western Port Bay.
It is an approach informed by the way Australian farms traditionally evolve, but made more deliberate. Instead of accumulated sheds and outbuildings, the property presents as a resolved architectural precinct.
The principal residence spans approximately 638 square metres. Its defining feature is an inverted radial roofline supported by a visible grid of ironbark posts and beams.
The roof rises towards the tree canopy and open sky, lending an unexpected lightness to a house of considerable scale. Blackbutt cladding, extensive glazing and timber detailing further soften the relationship between the building and its surroundings.
Wolveridge Architects describes the property’s location as Bunurong country and credits Jerry Wolveridge, Laura Tindall and Jessica Corbett as members of the project team.
The Farm was shortlisted in the New House Over 200 Square Metres category of the 2026 Houses Awards and in the Living Space category of the 2026 INDE Awards. Its published architectural photography is by Jack Carlin.
Designed around the landscape
Throughout the house, long internal sightlines and carefully framed openings maintain a connection with the surrounding gums, paddocks and distant water.
The central living, dining and kitchen space sits beneath soaring timber-lined ceilings. A monumental fireplace formed from Dromana granite anchors the room, while a second wood-burning fireplace serves a more intimate living zone.
The kitchen combines stained Tasmanian oak cabinetry with Austral Dream Dolomite and Pilbara Green Dolomite surfaces. A suite of Swiss V-Zug appliances supports its practical role, while a temperature-controlled, timber-lined wine cellar provides a dedicated space for collectors.
Belgian French oak flooring, Swiss wool carpet, Eco Outdoor stone paving, brushed-nickel fittings and extensive custom joinery continue the natural, materially rich palette.
A sheltered internal courtyard introduces northern light into the centre of the floor plan. Conceived as a protected garden within the wider landscape, it provides an outdoor space removed from the property’s more exposed rural environment.
The architecture repeatedly shifts between those two conditions: the openness of a large rural holding and the security of carefully protected interior and courtyard spaces.
A resort within a working estate
The Farm’s lifestyle credentials extend well beyond its principal living areas.
A fully tiled 14-metre swimming pool and adjoining spa sit within landscaped surrounds, creating a private resort zone connected to multiple outdoor entertaining spaces.
The grounds include indigenous planting, native woodland and productive pasture, together with approximately 591 metres of frontage to Stony Creek.
A separate 216-square-metre farm shed, fencing, cattle infrastructure, water systems and multiple access points ensure the estate has genuine rural capability. This is not merely a large house styled to resemble a farm.
Technology has been integrated throughout the property via a Control4 system governing lighting, climate, security, gates, blinds, irrigation and pool functions. The house also includes hydronic heating, zoned reverse-cycle airconditioning, motorised window furnishings, monitored security, video intercom and Starlink connectivity.
Its sustainability infrastructure is similarly substantial. More than 235,000 litres of water storage is paired with a 70-panel, 30.8kWp solar system, Tesla Powerwall battery storage and electric-vehicle charging.
The result is a house capable of delivering the comfort and automation expected of a contemporary trophy residence while maintaining a high degree of self-sufficiency.
That balance may be The Farm’s greatest achievement. Despite its scale, luxury finishes and extensive technology, the residence does not attempt to overpower its setting.
Its architecture instead directs attention outwards—to the tree canopy, the cattle in the paddocks, Western Port Bay and the changing conditions of the surrounding landscape.
For buyers seeking a private Mornington Peninsula estate with architectural credibility and room for a genuine rural life, The Farm represents one of the region’s most compelling new offerings.
The Farm at a glance
- Address: 515 Tucks Road, Shoreham, Victoria
- Property type: Acreage/semi-rural estate
- Price guide: $18 million to $19.8 million
- Sale method: Expressions of interest
- Bedrooms: Five
- Bathrooms: Five
- Parking: Five cars
- Land: Approximately 20.64 hectares or 51 acres
- Residence: Approximately 638sqm
- Farm shed: Approximately 216sqm
- Architect: Wolveridge Architects
- Builder: S. Smith Builders
- Completed: 2025
- Pool: Fully tiled 14-metre pool with adjoining spa
- Creek frontage: Approximately 591 metres to Stony Creek
- Water storage: More than 235,000 litres
- Energy: 70-panel, 30.8kWp solar system with Tesla Powerwall storage
- Selling agents: James Redfern and Holly Longmuir, Buxton Mornington Peninsula–Flinders
- Listing: View the live property campaign
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