The Complete Family Package on 1.3 Acres

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125 Stephenson Street, Lara VIC 3212

$1,500,000 - $1,550,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 5261 m²

Listed: 4 days ago

Updated: yesterday

Overview

Set on approximately 1.3 acres in the heart of Lara, this property offers a harmonious blend of space, comfort, and versatility, ideal for families or those seeking additional accommodation options.

The main residence is designed to cater to the needs of a growing family with four spacious bedrooms. The master suite stands out with its private ensuite and walk-in robe, while the other bedrooms feature built-in robes and are complemented by ceiling fans that enhance comfort throughout the year.

Functionality and entertaining are at the forefront with two separate living areas. The main lounge, equipped with heating, a reverse-cycle split system, and a dedicated bar, provides an inviting environment for hosting family and friends. In contrast, the second living space offers a cosy retreat with a gas log fire and split system, ideal for relaxing moments.

The kitchen serves as the heart of the home, combining practicality and style. It includes slate flooring, a gas cooktop, a large stone benchtop, and a walk-in pantry, providing ample space for everyday cooking and family gatherings.

Outdoor living is enhanced by a pergola perfect for entertaining and an approximately 18-square-metre shed that offers generous storage. An adjoining carport adds covered space suitable for a caravan or extra vehicle, while water tanks contribute to the property's practicality.

A notable feature is the fully self-contained unit separate from the main house. With its own meter box, bedroom, bathroom, lounge, and air conditioning, it offers flexible options for extended family, guests, or potential rental income, adding to the property's versatility.

Located conveniently close to Lara Central Shopping Centre, local schools, shops, and public transport, the property combines acreage living with easy access to amenities, offering a rare opportunity for space and convenience.

Approximately 1.3 acres for ample outdoor space
Four bedrooms, including a master with ensuite and walk-in robe
Two distinct living areas catering to both entertaining and relaxation
Well-equipped kitchen with quality finishes and storage
Outdoor pergola and sizable storage shed
Additional carport suitable for caravans or vehicles
Water tanks to support sustainability
Independent self-contained unit enhancing accommodation flexibility
Conveniently close to essential local amenities and transport

Local Market Insights

In Lara, Quiet Listings observed 39 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $812,479. The property type mix of listed properties is predominantly Houses at 81%, followed by land (13%), and acreages (2%). The most active agency for houses in the Lara area is currently Ray White, representing 31% of new listings, followed by Buxton Real Estate Group 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.