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875 Dandenong-Hastings Road, Skye VIC 3977

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$14M - $15.4M High Confidence Calculated based on strong search observations.

House 8 Beds 5 Baths 8 Cars 73 acres 510 m²

Listed: 5 hours ago

Overview

This expansive equestrian estate in Skye offers a unique lifestyle and business opportunity set on approximately 73 acres. Designed to accommodate serious equestrian pursuits, the property boasts a premium indoor arena with advanced features like a Geotech surface and automated sprinkler system to ensure ideal conditions year round, enhancing training and event potential.

A significant highlight is the versatile accommodation: twin modern double-storey limestone apartments providing up to five bedrooms combined, alongside a large rendered brick main residence featuring open-plan living, with an additional one-bedroom flat. Such arrangements support multi-generational living, staff housing, or guest stays, ensuring comfort and privacy.

The property's extensive built infrastructure covering around 510 square meters includes stabling, a car showroom, a workshop fitted with 3-phase power, and hay storage, suitable for both operational and commercial scale activities. Outdoor facilities, including a fenced arena with lighting and a sizable round yard, complement the equestrian setup while additional features like heavy-duty truck driveways and ample parking cater to varied vehicle requirements.

Water and power resources are well-established, combining mains, an advanced recycled water license, natural water bodies, and single and 3-phase electricity, supporting sustainable and efficient property use. The land is fenced and flexible for horse agistment or cattle use, further enhanced by cattle yards and a riding trail, broadening its functional appeal.

Strategically positioned in Skye, the property benefits from excellent connectivity to major routes and local amenities, offering accessibility and convenience. Its scale, infrastructure, and readiness to operate make it an exceptional choice for professional equestrian users, lifestyle buyers aiming for a rural retreat, or investors seeking diversified income options from mixed-use possibilities.

Local Market Insights

In Skye, Quiet Listings observed 124 new houses entering the market over the last 30 days, down from 175 during the previous 30-day period, with an average advertised asking price of $823,424. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (7%), and land (5%). The most active agency for houses in the Skye area is currently Ray White, representing 19% of new listings, followed by OBrien Real Estate 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.