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

41-99 Island Road, Wallington VIC 3222

$3,950,000-$4,300,000

House 5 Beds 4 Baths 4 Cars 38 acres
Listed: 22nd Jul 2026
Updated: 10 hours ago
Overview

Nestled within approximately 38 acres of prime Bellarine Peninsula landscape, this luxury residence named 'Mulberry Hill' offers an exceptional fusion of rural lifestyle and sophisticated living. Designed to maximize captivating views of the surrounding rolling hills, coastline, and natural wetlands, this custom-built two-level home exudes a sense of peaceful seclusion reached via a tranquil, eucalypt-lined driveway and bridge.

The thoughtfully crafted living spaces include an upper-level open-plan kitchen, dining, and lounge area, enriched by soaring ceilings and expansive full-height glazing that draws the stunning outdoors in. Central to the home is a sleek stone kitchen fitted with high-end appliances and a walk-in pantry, perfect for hosting and entertaining. Multiple alfresco areas, including a main deck overlooking a pristine swimming pool and spa, provide versatile settings for year-round indoor-outdoor living.

Accommodation comprises five bedrooms and four bathrooms, with a main bedroom boasting walk-in robes, a twin vanity ensuite, and a private balcony framing sweeping views. Additionally, a guest suite with built-in robes and its own ensuite, three more bedrooms, a family bathroom, and a downstairs studio incorporating a bathroom and kitchenette add flexibility, ideal for use as a gym or self-contained space.

Enhancing comfort and security, the residence features reverse cycle air conditioning, double-glazed windows, CCTV, and a Sonos surround sound system. Eco-conscious touches include a robust 20-panel solar electricity system helping to reduce the property's footprint.

Beyond the home, the property is a remarkable blend of lifestyle and productivity with eight paddocks for livestock grazing, seasonal wetlands fostering native wildlife, and an established vineyard with Tempranillo and Chardonnay vines managed either independently or with assistance from local winemakers. The 2023 harvest yielded a noteworthy production of award-winning local red and rosé wines.

Outbuildings include two sheds for machinery, stables with hot water and shower facilities, and a deluxe chicken house with an electrified yard, complimented by vegetable gardens and an orchard supported by extensive water storage and irrigation systems. The property is also equipped with quality farming equipment including a Kubota tractor, sprayer, mower, and stock trailer, aiding in the maintenance of this expansive rural estate.

This property offers a distinctive opportunity for those seeking an elegant rural retreat that balances lifestyle, luxury, and functionality. It is well-suited for families, hobby farmers, or those desiring an exclusive sanctuary within convenient reach of Ocean Grove village, beaches, and a swift commute to Geelong. This elevated home also promises tranquil evenings amid native birdlife, setting an idyllic backdrop to daily life on the Bellarine Peninsula.

Local Market Insights

In Wallington, Quiet Listings observed 49 new houses entering the market over the last 30 days, down from 57 during the previous 30-day period, with an average advertised asking price of $879,082. The property type mix of listed properties is predominantly Houses at 88%, followed by land (7%), and units (4%). The most active agency for houses in the Wallington area is currently Bellarine Property, representing 29% of new listings, followed by Stockdale & Leggo with 22%. 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.

Change History
  • $3,950,000-$4,300,000
  • $4,700,000-$4,900,000
Location
Market Insights for Wallington VIC 3222
New Listings (last 30 days)
49
Average price
$879,082
Lowest price
$590,000
Highest price
$1,850,000
Other properties in this postcode