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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

320 Banumum Road
Mansfield, VIC 3722

$2,500,000 - $2,700,000

4
Bed
3
Bath
6
Cars
Land Size: 61886 sqm
Property Type: House
Listed Date: 27th Apr 2026
Overview

320 Banumum Road, Mansfield - VIC 3722

This exceptional Lake Eildon estate is uniquely positioned at the very end of Banumum Road, offering unparalleled deep-water access, privacy, and elevated views. Situated high on the hill at Mawsons Point, the property commands sweeping panoramic vistas along the Delatite Arm, providing a stunning natural backdrop that is truly one of Victoria's finest.

The residence has been recently renovated and thoughtfully redesigned to feature four spacious bedrooms and three bathrooms. The floorplan has been cleverly adapted to comfortably accommodate up to 12 guests, making it an ideal retreat for large families or a successful Airbnb rental. The expansive master suite boasts breathtaking morning views over the lake and includes a luxurious new ensuite designed to evoke a private spa experience. Bright and airy living areas, an open-plan kitchen, and a generous second living room with an open fireplace all take full advantage of the ever-changing lake scenery, seamlessly blending indoor comfort with outdoor tranquility. Additionally, a large bunk room provides versatile accommodation options for family and friends.

Outside, the property is a haven for nature enthusiasts and adventure seekers alike. Meandering tracks wind through the extensive grounds, leading down to private lake frontage and a boat shed, with gated access to the lakefront reserve opposite Crockett Island. A pontoon is already moored and ready for use, offering a turnkey lake lifestyle. The deep-water frontage ensures year-round opportunities for boating, fishing, and water sports, regardless of lake levels.

Self-sufficiency is a key feature of this estate, with substantial rainwater storage, an excellent bore, a dam, and one megalitre of pumping rights from the lake. An extensive solar power system significantly reduces energy costs, providing sustainable luxury living. This rare opportunity presents one of Lake Eildon's most coveted locations—a private lakeside sanctuary where luxury, practicality, and lifestyle come together in perfect harmony.

Additional highlights include:

  • Approximately 15.3 acres of private land
  • Rare deep-water frontage
  • Pontoon and private slipway at Mawsons Point
  • Four bedrooms and three bathrooms
  • Recent renovations including two new bathrooms
  • Comfortably sleeps 12 guests
  • Proven, lucrative Airbnb potential
  • Abundant rainwater supply and excellent bore
  • One megalitre pumping rights from the lake
  • Extensive solar power system

This magnificent and tightly-held position is incredibly rare and hard to find, offering a once-in-a-lifetime chance to secure a private lakeside retreat in one of Victoria's most breathtaking settings.

Location
320 Banumum Road
Mansfield VIC 3722
Market Insights for Mansfield VIC 3722
New Listings (last 30 days)
7
Average price
$1,504,286
Lowest price
$485,000
Highest price
$3,900,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.