where high country adventures meet proven investment

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8 Christensen Street, Sawmill Settlement VIC 3723

$740,000 - $790,000

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$740k - $777k Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 5 Baths 2446 m²

Listed: 1st Jul 2026

Updated: 25 days ago

Overview

Albaski Lodge offers a unique opportunity to own a substantial alpine lodge situated at the base of Mt Buller in one of Victoria's premier High Country locations. This property presents exceptional versatility, well suited for large families, multi-generational stays, corporate retreats, or as a well-established holiday accommodation business.

The lodge has been purpose-built to host sizable groups, featuring five spacious bunk-style bedrooms each with their own ensuite bathroom, accommodating up to 28 guests comfortably. Expansive open-plan living and dining areas provide ideal spaces for socializing and relaxing after outdoor pursuits such as skiing, mountain biking, fishing, or exploring the region's natural attractions.

Set on a generous 2,446 square metre allotment, the property balances significant indoor accommodation with ample outdoor space in a tranquil alpine setting. An outdoor heated spa is a welcome retreat for soothing muscle aches after active days, while practical amenities like a drying room and extensive guest facilities make the lodge functional and comfortable year-round.

Its location is a standout feature—just minutes from Mt Buller entry gates, while nearby natural assets include the Delatite River and Lake Eildon. The Mansfield township, approximately 25 minutes away, ensures essential services, schools, dining, and shopping are accessible.

Currently operating with a strong reputation as a holiday accommodation, the lodge is offered fully furnished and fitted out for immediate use. The property is sold as a residential property, allowing the new owner flexibility to continue the accommodation business or use it purely as a private retreat.

This rare offering combines scale, accommodation capacity, and location, presenting a distinct opportunity for those seeking high country lifestyle, investment potential, or both.

Air Conditioning including Reverse Cycle and Split-System
Outdoor Balcony and an Outside Spa
Built-in Wardrobes

Local Market Insights

In Sawmill Settlement, Quiet Listings observed 34 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,215,147. The property type mix of listed properties is predominantly Houses at 85%, followed by land (15%). The most active agency for houses in the Sawmill Settlement area is currently District Property Group, representing 71% of new listings, followed by McGrath Estate Agents with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.