5 ACRES OF LIFESTYLE, BUSINESS AND INVESTMENT POTENTIAL THE ULTIMATE FAMILY RETREAT

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120 Avalon Road, Lara VIC 3212

$1,680,000 - $1,848,000

Search Band Search Visibility Band

$1.68M - $1.76M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 3 Baths 8 Cars 5 acres

Listed: 25th Jul 2026

Updated: 10 hours ago

Overview

Set on an expansive 5-acre parcel in a sought-after location, this property balances rural tranquility with practical convenience, being just moments from Lara township and Avalon Beach. The substantial land area caters perfectly to horse enthusiasts, growing families, business owners, or investors eyeing the strategic Avalon Corridor for future opportunities.

The home itself combines modern renovations with generous space, featuring four bedrooms and multiple living areas that encourage versatile family living. A contemporary open-plan kitchen and family zone serve as the hub, designed with quality materials and finishes that support comfortable daily living and entertaining. Climate control is thoughtfully addressed through a Coonara wood heater and split system air conditioning, ensuring year-round comfort.

An added self-contained studio broadens the property's functionality, providing a fully insulated space equipped with kitchen, bathroom, laundry and a private deck area with screening—ideal either as guest accommodation, extended family living, or a potential rental income source.

Outdoor lifestyles are well-catered for with a solar-heated, salt-chlorinated inground pool, complemented by a cabana lounge with blinds and a peaked pergola, enabling year-round entertaining regardless of weather.
The extensive grounds include six fully fenced paddocks suitable for horses or livestock alongside two stables and a feed room, supporting equestrian activities or agricultural pursuits.
Substantial shedding provides ample space for business uses, hobbyists, or storage needs, enhancing the site's commercial and lifestyle versatility.
A 10kW solar system paired with two batteries highlights the property's commitment to sustainable and cost-effective living.

This opportunity offers not only a fantastic lifestyle retreat with a peaceful, family-friendly ambience but also significant investment potential given its location and land banking prospects within a high-growth corridor. The balance of spacious, functional living combined with rare acreage and future development potential makes this a distinctive offering for discerning buyers seeking both lifestyle and asset growth.

Local Market Insights

In Lara, Quiet Listings observed 39 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $812,479. The property type mix of listed properties is predominantly Houses at 81%, followed by land (13%), and acreages (2%). The most active agency for houses in the Lara area is currently Ray White, representing 31% of new listings, followed by Buxton Real Estate Group with 18%. 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.