Three Dwellings. Three Income Streams. Sleeps 20. One Incredible Alpine Escape!

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29 Alpine Ridge Drive, Merrijig VIC 3723

$900,000 - $990,000

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$900k - $945k Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 4 Baths 2 Cars 1104 m²

Listed: 29th Jul 2026

Updated: 2nd Sep 2026

Overview

Situated on a spacious corner block in the sought-after Alpine Ridge Estate, this unique property presents an exceptional alpine lifestyle coupled with lucrative income potential. The offering includes a large main house and two fully independent studio apartments, each with private entrances, making it perfect both as a family home and a holiday investment.

The main residence impresses with its inviting ambience, featuring soaring cathedral ceilings paired with natural timber and stone finishes that add character and warmth. The country-style kitchen seamlessly connects to an open living/dining area that extends onto a bright, sunny deck, perfect for entertaining or relaxing amidst established gardens.

A highlight is the generously proportioned master retreat upstairs, boasting a spa ensuite, an additional bathroom, a private living room and balcony. This flexibility offers comfortable guest accommodation or a private sanctuary. The two self-contained studios, each with a kitchenette and bathroom, offer excellent opportunity for additional rental income or guest accommodation, enhancing the property's versatility.

Additional practical features include a large laundry with drying room, double garage with workshop, woodshed, and ample off-street parking, catering to both convenience and functionality.

Located just minutes from Mt Buller entry gates and surrounded by premier outdoor activities such as skiing, mountain biking, hiking and fly fishing, this property offers an outstanding all-season lifestyle. It is ideal for those seeking a flexible alpine retreat or an investment with multiple income avenues.

Local Market Insights

In Merrijig, 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 Merrijig 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.