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145 Shergolds Lane, Dromana VIC 3936

$3,700,000 - $3,850,000

Search Band Search Visibility Band

$3.7M - $3.89M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 16 Cars 15.5 acres

Listed: 28th Jul 2026

Updated: 13 hours ago

Overview

This expansive rural property at 145 Shergolds Lane, Dromana, presents an exceptional lifestyle opportunity on approximately 15.5 acres of versatile land. With a rich history as a dairy farm dating back to the 1890s and later a holiday retreat for Australian television personalities, the home has been thoughtfully expanded and renovated to blend classic character with modern comfort across two spacious levels.

The residence features five bedrooms and three bathrooms, including a master suite with a walk-in robe and ensuite-style two-way bathroom providing seamless indoor-outdoor access to the gardens. Adding flexibility and privacy is a semi self-contained upstairs suite complete with bedroom, sitting room, balcony, and bathroom, well suited for guests or extended family living arrangements.

Two generous living areas and an expansive dining zone form the heart of the home on the lower level, enhanced by hardwood floors, exposed brickwork, ceiling beams and cozy fireplaces. Large French and bifold doors open these interiors directly to multiple alfresco spaces, seamlessly connecting indoor living with beautifully established gardens for entertaining or relaxing.

The fully modernised kitchen is equipped with a vast island bench and shaker cabinetry, alongside quality appliances including a 900mm oven and integrated dishwasher, combining style and practicality for everyday use or hosting gatherings.

The extensive grounds are intersected by the picturesque Sheepwash Creek and include eight paddocks, five loose boxes, four watered stables, a menage arena, and a dam, reflecting the property’s prior use as a pony training school. Recent updates feature a large 24m x 12m shed with three-phase power and new fencing throughout the paddocks, catering to horse enthusiasts, hobby farmers, or those requiring generous space for a home-based business.

Located within minutes of Dromana township, local schools, shops, cafés, renowned wineries, the beach, and freeway access, this property combines rural privacy with convenience. It is ideally suited to lifestyle buyers seeking a character-filled country residence with outstanding infrastructure to enjoy equestrian pursuits and outdoor living in a vibrant coastal region.

Local Market Insights

In Dromana, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 28 during the previous 30-day period, with an average advertised asking price of $1,475,681. The property type mix of listed properties is predominantly Houses at 72%, followed by units (10%), and land (8%). The most active agency for houses in the Dromana area is currently Belle Property, representing 25% of new listings, followed by Your Property Agent with 17%. 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.