Port Fairy beach house expected to fetch more than $5 million

Sandcastles is being sold via expressions of interest and is expected to fetch between $5-$5.5 million.

"I believe the property is in one of the finest settings on the Victorian coastline," Ms Dwyer said.

"It's very hard to find a property so close to a beautiful safe beach like the East Beach in Port Fairy, where you are literally swimming between the flags."

Ms Dwyer said the home offered stunning 180-degree ocean views.

The two-storey home offers six spacious bedrooms, three bathrooms, a deck for entertaining and a large kitchen.

It also has a double garage and plenty of storage space.

It's no secret properties in Port Fairy are in high demand, with the median price for a home $800,000.

Two properties listed as comparable sales in the statement of information for Sandcastles were sold for $4.8 million and $3.5 million earlier this year.

"With mesmerising ocean views, in arguably one of the best and safest coastal locations, this exquisitely presented and extraordinary residence is just a short walk to the Port Fairy village and Moyne River, creating an enviable lifestyle and lasting impression," Ms Dwyer said.

Expressions of interest close on Monday, November 22.

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