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119 Cascades Road, Metcalfe VIC 3448

$1,300,000 - $1,400,000

Search Band Search Visibility Band

$1.3M - $1.4M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 2 Cars 4.52 acres

Listed: 28 days ago

Updated: 8 hours ago

Overview

Situated on 1.83 hectares of stunning riverfront land alongside the Coliban River, this substantial five-bedroom residence blends seclusion and natural beauty with generous space for entertaining and family living.

The property's entrance via a winding driveway leads to an inviting verandah, setting the tone for a home designed with entertaining in mind. It comfortably accommodates gatherings around 50 people, underlining its appeal for those who appreciate social lifestyles.

Inside, the ground floor balances function and comfort with two bedrooms, including a master suite with an ensuite bathroom, alongside a central bathroom. A well-appointed kitchen flows seamlessly into expansive open-plan living areas highlighted by beautiful spotted gum flooring that extends onto the adjoining deck. Climate control is supported by a near-new split system and a wood heater, ensuring year-round comfort.

The upstairs level offers further versatility with three spacious bedrooms featuring built-in robes and ceiling fans, paired with a central bathroom. These rooms are suitable not only as bedrooms but also as studios, home offices, or teenage retreats, adapting to the changing needs of families or professionals working from home.

Exterior features are noteworthy with a modern retaining wall and concrete-paved entertaining area. The grounds boast mature fruit trees—figs, apples, and pears—and majestic river gums, creating a serene environment alive with native birdlife and other fauna. The property is subdivided into four paddocks, adding practicality for hobby farmers or equestrian enthusiasts.

Several shedding options cater to various uses, including a man cave with a cool room, a river-facing party room equipped with a verandah, wood heater, power, and built-in bar, and an insulated shed with heating/cooling systems and ceiling fan. These spaces enhance the property's appeal for year-round social and recreational purposes, storage, or hobbies.

Water needs are comprehensively met by approximately 50,000 litres of tank water, supplemented by an irrigated garden system sourcing water from the river, contributing to the flourishing grounds. New fencing enhances security and privacy, making this a truly private retreat.

This riverfront property offers a distinctive blend of space, privacy, and flexible lifestyle options, suited to those valuing natural settings and multiple entertaining spaces, all in a peaceful rural location.

Local Market Insights

In Metcalfe, Quiet Listings observed 2 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $2,025,000. All new listings observed during this period were Houses. The most active agency for houses in the Metcalfe area is currently PRD Nationwide, representing 50% of new listings, followed by Broadhurst Property with 50%. 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.