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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

House 3 beds 1 bath 530000 m²
Listed Date: 5th 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, this extraordinary lifestyle property spans approximately 132 acres of Rural Conservation Zoned land on Gisborne Melton Road. It offers a rare combination of scale, privacy, and panoramic views that extend all the way to the Melbourne CBD and Port Phillip Bay on clear days.

The property features elevated vantage points that provide unique outlooks in every direction, showcasing rolling countryside by day and city lights by night. This peaceful and private setting is difficult to replicate, especially given its proximity to both Gisborne and Melton.

The land is well equipped for equine and lifestyle use, including established horse enclosures, open grazing areas, two dams, and a fully operational horse agistment business. This setup offers immediate income potential and ongoing flexibility for various uses.

Within the property, there are three existing dwellings: a one-bedroom bungalow and an additional three-bedroom house. These provide on-site accommodation and functional utility, with clear potential for renovation, replacement, or reimagining to suit future lifestyle or business needs, subject to council approval. The dwellings are serviced by septic systems and water tanks.

The defining features of this property are its expansive land, elevation, and outlook. Opportunities of this size and proximity to key regional centers are increasingly rare, particularly with uninterrupted views and established lifestyle infrastructure.

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

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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)
7
Average price
$909,714
Lowest price
$399,000
Highest price
$3,000,000
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.