32 Eagle Bay Terrace, Paynesville, Vic 3880

$989,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
1,178 m²
Area

Published on Saturday, October 10, 2026 ( See property details for 32 Eagle Bay Terrace, Paynesville, Vic 3880)

$989,000

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

A modern, double-storey lakeside home offering stunning views, spacious living, and energy-efficient features on a large allotment in Paynesville.

🏡 Property Highlights

  • Spectacular water views across Lake King from the property
  • Generous 1,178m² allotment with side access for boat or caravan
  • Modern double-storey home with four years of age
  • Spacious open-plan living and dining areas
  • Upstairs balcony ideal for entertaining and relaxing
  • Energy-efficient features including 16 solar panels and double-glazed windows

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Solar Panels
  • Balcony
  • Built-in Robes
  • Garage
  • Outdoor Area
  • Water tank
  • Security Screens / Gates
  • Fly Screens
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32 Eagle Bay Terrace
Paynesville, VIC 3880
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Vertical aerial view — 32 Eagle Bay Terrace
32 Eagle Bay Terrace — Vertical Aerial  •  Paynesville, VIC 3880  •  Nearmap © 2026

Paynesville is a picturesque lakeside town renowned for its relaxed lifestyle, stunning water views, and outdoor recreational opportunities. The area offers a close-knit community atmosphere, easy access to Gippsland Lakes, and a range of local amenities including cafes, boating facilities, and nature reserves. Its scenic setting makes it ideal for families, retirees, and water enthusiasts seeking a tranquil yet vibrant environment.

What are the main lifestyle benefits of living in this lakeside home?
This property offers spectacular water views, outdoor entertaining spaces, and access to boating and outdoor activities, making it ideal for a relaxed lakeside lifestyle.
Does the home have energy-efficient features?
Yes, the property is equipped with 16 solar panels and double-glazed windows throughout, enhancing energy efficiency and reducing running costs.
Is there sufficient space for a boat or caravan?
Yes, the property features valuable side access on a large 1,178m² allotment, providing ample room for a boat or caravan.
What are the key features of the upstairs living area?
The upstairs includes a spacious sitting room, a generous balcony overlooking Lake King, and a main bedroom with a walk-in robe, perfect for relaxing or entertaining.
Are there any additional storage options?
Yes, the home includes practical under-stair storage and a generous laundry area for added convenience.
Are there any existing or planned developments nearby that could impact the water views or privacy? What are the total ongoing costs, including council rates, water, and maintenance for the large outdoor space? Has the property been inspected for any structural issues or water damage, given its lakeside location? Are there any restrictions or easements on the side access for boat or caravan storage? Is the property compliant with local planning and zoning regulations for future modifications or extensions?

32 Eagle Bay Terrace, Paynesville, Vic 3880 - More Details

$989,000

Enjoy spectacular views across Lake King from this impressive four-year-old double-storey home, where modern comfort, generous proportions and a relaxed lakeside lifestyle come together. Set on a substantial 1,178m² allotment, the property offers valuable side access for the boat or caravan, providing plenty of room to enjoy the best of the Gippsland Lakes.
The lower level features spacious open-plan living and dining, complemented by a well-appointed kitchen perfectly positioned to take in the magnificent water views. A walk-in pantry, convenient internal access from the garage, generous laundry, bathroom and practical under-stair storage add to the home's functionality.
Upstairs, a separate sitting room provides the perfect retreat, while the spacious main bedroom features a walk-in robe. Two additional rooms offer flexibility for family, guests or a home office, with a centrally located second bathroom completing the layout. Step outside onto the generous upper-level balcony, the perfect place to relax, entertain or simply soak up the ever-changing outlook across Lake King.
With 16 solar panels, double-glazed windows throughout and ample outdoor space, this impressive property delivers comfort, efficiency and an enviable lifestyle with those magnificent lake views taking centre stage.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
1,178 m²

Price guide

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Map & nearby places — 32 Eagle Bay Terrace, Paynesville, Vic 3880

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