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

648-764 Gisborne-Melton Road
Toolern Vale, VIC 3337

$2,990,000 - $3,289,000

Land 530000 m²
Listed Date: 3rd Jun 2026
Overview

A Once in a Generation 132-Acre Lifestyle Sanctuary with Sweeping Panoramic Views

Positioned within the picturesque foothills of the Macedon Ranges on approximately 132 acres of Rural Conservation Zoned land, this extraordinary lifestyle property on Gisborne Melton Road offers a rare combination of scale, privacy and panoramic views stretching all the way to the Melbourne CBD and Port Phillip Bay on a clear day.

Elevated vantage points across the property create a truly unique outlook in every direction, delivering an ever changing backdrop of rolling countryside by day and city lights by night. The setting is peaceful, private and incredibly hard to replicate this close to both Gisborne and Melton.

The land is well set up for equine and lifestyle use, featuring established horse enclosures, open grazing areas, two dams, and a fully operational horse agistment business already in place, offering immediate income potential and ongoing use flexibility.

Within the holding, there are three existing dwellings, including a one bedroom bungalow and an additional three bedroom house. These provide on site accommodation and functional utility, with clear scope for renovation, replacement or reimagining to suit future lifestyle or business requirements, subject to council approval. Septic systems and water tanks service the dwellings.

What truly defines this property, however, is the land itself, its scale, elevation and outlook.

Opportunities of this size and proximity to key regional centres are increasingly rare, particularly with uninterrupted views and usable lifestyle infrastructure already established.

Whether you are seeking a premium lifestyle estate, equine retreat, land banking opportunity or a long-term vision project, this is a property that offers genuine flexibility and exceptional potential in a tightly held location.

Photo identification is required for all property inspections.

For the most recent due diligence checklist, please refer to the provided link.

Disclaimer: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, no responsibility is accepted for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

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.

Location
648-764 Gisborne-Melton Road
Toolern Vale VIC 3337
Market Insights for Toolern Vale VIC 3337
New Listings (last 30 days)
8
Average price
$596,000
Lowest price
$540,000
Highest price
$700,000
Other properties in this postcode

* 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.