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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

123B Newlands Drive
Paynesville, VIC 3880

3
Bed
2
Bath
2
Cars
Land Size: 1288 sqm
Property Type: House
Listed Date: 23rd Mar 2026
Overview

123B Newlands Drive, Paynesville VIC 3880

Fully renovated to an exceptional standard and thoughtfully designed to complement its lakeside setting, this beautifully positioned home offers privacy, quiet, and an effortless connection to the water. Set back from the street, it delivers a peaceful living environment while embracing uninterrupted outlooks across the Newlands Backwater.

The interior is stylish and contemporary with a relaxed coastal feel, enhanced by a refined selection of flooring tones and cabinetry that creates warmth throughout. Large double glazed windows frame the water and draw in an abundance of natural light, ensuring the views remain a constant and calming feature of everyday living.

An inviting entry provides the perfect space for a study nook or home office before opening into the heart of the home. The modern open plan living, kitchen, and dining zone is both functional and visually impressive, complete with quality appliances and stunning water views. Custom built cabinetry in the living room cleverly houses a retractable television, maintaining a clean, streamlined aesthetic and allowing the outlook to remain the focal point.

A feature barn door separates the main bedroom suite, enhancing both privacy and flow. The suite is well appointed with a walk-in robe and a sophisticated ensuite showcasing heated towel rails and striking black accents.

A true highlight of the property is the separate self-contained wing with its own private front entrance. Designed for flexibility, it is ideal for extended family, visitors, or as holiday accommodation without impacting the main residence. This wing comprises two bedrooms with built-in robes, a bathroom, kitchenette, and its own living area, presenting excellent income potential or comfortable guest accommodation.

Large stacker doors open from the main living area onto an oversized entertaining deck, creating seamless indoor-outdoor integration and a superb setting for gatherings or relaxed lakeside evenings.

The 1288 square meter waterfront allotment provides a large, low maintenance setting complete with a shed for additional storage. With the title boundary stretching down toward the waterside and direct access to the foreshore walking trail that extends from The Backwater through to Sunset Cove and onto the Paynesville Foreshore, each morning and evening can begin and end with a lakeside walk.

Move-in ready and finished to a high standard throughout, this property offers genuine versatility and a lifestyle that is hard to match. This is an opportunity to secure a premium position in one of Paynesville's most tightly held waterfront pockets.

Location
123B Newlands Drive
Paynesville VIC 3880
Market Insights for Paynesville VIC 3880
New Listings (last 30 days)
8
Average price
$859,063
Lowest price
$509,000
Highest price
$1,500,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.