1 Magnolia Way, Paynesville, Vic 3880

$899,000

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings
1,465 mΒ²
Area

Published on Monday, October 12, 2026 ( See property details for 1 Magnolia Way, Paynesville, Vic 3880)

$899,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stunning waterfront family home on a spacious corner block with excellent shedding, outdoor entertaining, and direct lake access in Toonalook Waters.

🏑 Property Highlights

  • Waterfront property backing onto Toonalook Waters with stunning lake views
  • Expansive 1,465sqm corner block offering privacy and space
  • Well-designed four-bedroom home with a separate study and two bathrooms
  • Large outdoor entertaining area with built-in outdoor kitchen and full enclosure
  • Multiple shedding options including a large shed with high-clearance roller doors and workshop
  • Dual side access and wide driveway for ample vehicle accommodation

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area
  • Built in wardrobes
  • Workshop
  • Security Screens / Gates
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1 Magnolia Way
Paynesville, VIC 3880
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Vertical aerial view β€” 1 Magnolia Way
1 Magnolia Way — Vertical Aerial  •  Paynesville, VIC 3880  •  Nearmap © 2026

Paynesville is a picturesque lakeside town renowned for its relaxed lifestyle, boating and fishing opportunities, and vibrant community. The suburb offers beautiful water views, easy access to nature, and a range of recreational activities. Its well-established amenities and friendly atmosphere make it an ideal location for families and retirees seeking a peaceful yet active lifestyle.

Does the property include any outdoor entertaining features?
Yes, the property features an expansive outdoor entertaining area with a built-in outdoor kitchen, rangehood, and blinds that can fully enclose the space, perfect for hosting family and friends.
Is there sufficient vehicle accommodation and access?
Yes, the property offers a large shed with high-clearance roller doors, an additional workshop bay, an attached two-car garage with internal access, dual side access, and a wide driveway for ample parking.
What are the main water views or access points?
The property backs directly onto Toonalook Waters, providing stunning lake views and private access to the water.
Are there any additional storage options?
Yes, the home includes substantial shedding, a workshop, and built-in wardrobes in the bedrooms for ample storage.
What are the key features of the master bedroom?
The master bedroom is light-filled, features a walk-in robe, and an ensuite with a double vanity and large shower.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been tested for flood or bushfire risks given its lakeside location? Are there any upcoming development plans or construction activities in the vicinity that could impact the property? What are the ongoing costs associated with maintaining the extensive shedding and outdoor areas? Is the property compliant with all local council regulations and building codes, especially for the outdoor kitchen and enclosures?

1 Magnolia Way, Paynesville, Vic 3880 - More Details

$899,000

Set in Toonalook Waters, 1 Magnolia Way sits on a 1,465sqm (approx.) corner block, backing onto the water and enjoying a gorgeous outlook. Private and well positioned, the property offers a well designed home, excellent shedding and plenty of room for all the extras that come with enjoying this lifestyle.

The home features four bedrooms, a separate study and two bathrooms. The master bedroom is light filled and features a substantial walk-in robe and ensuite with a double vanity and large shower. The remaining three bedrooms are all well sized and include built-in robes and ceiling fans.

The kitchen is well equipped with a 900mm gas cooktop, quality appliances and a walk-in pantry. The open plan kitchen, dining and living flows directly through to the expansive outdoor entertaining area. This is a real standout of the home and features a built-in outdoor kitchen, rangehood and blinds that can fully enclose the space. It's a great setting to spend time with family and friends while enjoying the view and watching the birdlife on the lake.

The shedding and vehicle accommodation are a major advantage, with a large shed featuring two high-clearance roller doors, plus an additional bay currently set up as a workshop. There is also an attached two-car garage with internal access to the home. Dual side access is another bonus, while the wide driveway provides even more room for vehicles.

Backing onto the lake in Toonalook Waters, with a private backyard and substantial shedding, 1 Magnolia Way is a must to inspect.

Wendy - 0467 032 010

Amanda - 0400 565 740

Property Code: 422
Type
House
Bedrooms
4
Bathrooms
2
Parkings
4
Area
1,465 mΒ²

Map & nearby places — 1 Magnolia Way, Paynesville, Vic 3880

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