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

47 Coolart Road, Balnarring VIC 3926

$3,000,000 - $3,300,000

Search Band Search Visibility Band

$3M - $3.15M Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 4 Baths 6 Cars 6474 m²

Listed: 28th Jul 2026

Updated: 9 days ago

Overview

Set on approximately 1.5 acres of native gardens in the sought-after Mornington Peninsula, this exquisitely renovated circa-1970 four-bedroom residence marries generous living spaces with refined finishes to create a luxurious yet inviting home. The property's blend of five living and dining areas, all graced with high-quality engineered timber flooring and framed by large picture windows, offers an abundance of natural light and seamless connection to the tranquil, secluded garden surrounds.

The heart of the home is the chef-inspired kitchen featuring a dramatic natural stone island bench, premium Miele appliances including a wine fridge, and a butler's pantry with an additional oven, providing exceptional functionality for both everyday living and grand entertaining occasions. Expansive bifold and sliding doors open to multiple alfresco zones, notably a grand pergola with clerestory windows, a firepit, and a Tuscan-style dining terrace illuminated by festoon lights, culminating in a spa area perfect for relaxing under the stars.

Adding significant versatility and income potential are two contemporary, self-contained guesthouses nestled within the bushland setting. Each cottage is well-furnished and equipped to host two to four guests comfortably, complete with living areas, kitchens, bedrooms, bathrooms with soaker tubs, laundries, and private decks, making these ideal for holiday rental or extended family stays.

Additional amenities augment the lifestyle on offer with an artist's studio, a thriving vegetable garden, chook run, double garage, carport/workshop, various sheds, a children's cubby house, and a pizza oven. Strategically located, this residence is just minutes from Balnarring village, primary school, and nearby beaches, presenting a unique blend of rural privacy and coastal convenience.

This property appeals to discerning buyers seeking a luxury family home with exceptional entertaining facilities, enhanced income opportunities, and a connection to nature within a family-friendly community environment.

Local Market Insights

In Balnarring, Quiet Listings observed 8 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $3,527,500. The property type mix of listed properties is predominantly Houses at 89%, followed by townhouses (11%). The most active agency for houses in the Balnarring area is currently Homes & Acreage, representing 38% of new listings, followed by Buxton Real Estate Group with 25%. 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.