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14 Phalaris Lane, Bundalong VIC 3730

$6,000,000 – $6,600,000

Search Band Search Visibility Band

$6M - $7M High Confidence Calculated based on strong search observations.

House 4 Beds 2 Baths 2 Cars 1450 m²

Listed: 24 days ago

Updated: 11 hours ago

Overview

Set on a generous 1,450 sqm parcel, this waterfront residence at 14 Phalaris Lane offers a rare blend of tranquility and potential with direct water frontage complemented by a private jetty and boat ramp. The current home exudes a welcoming holiday vibe, ideal for relaxed living with cherished long mornings and leisurely sunsets.

The property's defining feature is its future promise: a substantial landholding that invites scope for renovation, expansion, or a complete redevelopment to suit evolving lifestyles while preserving its uniquely secluded yet accessible location. This versatility makes it suitable for those seeking a family retreat, an investment opportunity, or a combination of both in a peaceful lakeside setting.

Adding significant value is the coveted 2 megalitre water right, an uncommon asset that enhances both lifestyle enjoyment and property utility. Surrounded by serene natural beauty, this offering represents a lifestyle of extended weekends, closer interactions with the water, and a place where every day feels like a getaway, promising lasting memories and potential for generational legacy.

Local Market Insights

In Bundalong, Quiet Listings observed 32 new houses entering the market over the last 30 days, down from 35 during the previous 30-day period, with an average advertised asking price of $1,138,375. The property type mix of listed properties is predominantly Houses at 71%, followed by land (18%), and units (9%). The most active agency for houses in the Bundalong area is currently Kennedy Real Estate Yarrawonga Mulwala, representing 50% of new listings, followed by Elders Real Estate 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.