40 Eagle Bay Terrace, Paynesville, Vic 3880

House
Type
3
Bedrooms
2
Bathrooms
5
Parkings
1,399 m²
Area

Published on Thursday, September 24, 2026 ( See property details for 40 Eagle Bay Terrace, Paynesville, Vic 3880)

$1,675,000

Sean Sabell Principal - Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Architecturally designed family home on a spacious elevated allotment with stunning lake views, premium finishes, and exceptional outdoor living spaces in Paynesville.

🏡 Property Highlights

  • Elevated position with north-facing Gippsland Lakes views
  • Architecturally designed with high-end finishes and thoughtful details
  • Expansive outdoor entertaining deck with swim spa and bi-fold doors
  • Energy-efficient features including 11kW solar system and 6-star rating
  • Flexible accommodation with 3 bedrooms plus a separate study
  • Generous 1,399 m² allotment with established gardens and water tank

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Solar Panels
  • Outdoor Area / Balcony
  • Security Cameras
  • Workshop
  • Garage / Secure Parking
  • Ev Charging Point

Paynesville is a picturesque lakeside town renowned for its relaxed lifestyle, stunning water views, and vibrant community. It offers excellent boating, fishing, and outdoor recreation opportunities, along with a range of cafes, shops, and local amenities. The area is ideal for families and retirees seeking a peaceful yet active lifestyle, with easy access to Gippsland Lakes and surrounding natural beauty.

What are the main energy-saving features of this home?
The home features an 11kW solar system, a 6-star energy rating, reverse-cycle climate control, and underfloor heating, all contributing to its energy efficiency.
Is there outdoor space suitable for entertaining?
Yes, the property boasts an expansive outdoor entertaining deck with bi-fold doors, a swim spa, and north-facing views, perfect for gatherings and relaxation.
What are the parking options available?
The property includes a substantial 7m x 7m double garage, a high-clearance carport suitable for a caravan or boat, and side access for additional vehicles.
Can the study be used as a fourth bedroom?
Yes, the separate study offers flexibility and can easily be utilised as a fourth bedroom if needed.
What security features are included?
Security cameras are installed for added security, along with a secure home design that maintains privacy and safety.
Are there any upcoming council or planning approvals required for modifications or extensions? Is the property connected to all essential services, including water, electricity, and internet? Are there any known issues with the water tank or drainage systems? Has the property experienced any flooding or bushfire risks given its location? Are there any restrictions or easements on the land that could affect future development or use?

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

$1,675,000

Some homes are designed around a view, and this is one of them. Set on a generous 1,400m² (approx.) allotment in Eagle Bay Terrace, this architecturally designed residence makes the most of its elevated position, with north-facing views across the Gippsland Lakes and a thoughtful design that brings together quality, comfort and an exceptional outdoor lifestyle.

Nine years on, the home retains a distinctly contemporary feel, with high-end finishes and carefully considered details throughout. Spotted gum timber flooring, high angled ceilings and a gas log fireplace give the main living area warmth and character, while the clever breezeway helps encourage cool airflow through the home. The designer kitchen is equally impressive, featuring Paynesville Cabinets, stone surfaces, soft-close cabinetry, premium appliances, a generous butler's pantry and a dedicated coffee nook.

Large bi-fold doors create an easy connection between the main living area and the expansive entertaining deck, where the north-facing outlook and swim spa provide an enviable setting for long lunches, evening drinks or simply unwinding at home. The accommodation includes three bedrooms, plus a separate study that offers the flexibility to be used as a fourth bedroom when needed. The master suite enjoys direct deck access and includes a large ensuite with floor-to-ceiling tiling, a freestanding bath and underfloor heating.

The thoughtful design continues beyond the main living spaces. Solar-passive principles, an 11kW solar system and a 6-star energy rating contribute to the home's efficiency, while reverse-cycle climate control and underfloor heating in the bathrooms provide year-round comfort. Ducted vacuum and security cameras add further convenience, without compromising the clean, considered feel of the home.

For those who value space for the practical side of life, the property delivers in spades. A substantial 7m x 7m double garage, extensive under-house storage and a dedicated workshop provide plenty of room for vehicles, hobbies and equipment. Side access leads through to a high-clearance carport, perfectly suited to a caravan or boat, while an 18,000-litre water tank and established gardens add further functionality to the expansive allotment.

With its architectural design, premium finishes, beautiful northern outlook and exceptional connection between the home and its surroundings, 40 Eagle Bay Terrace offers a level of quality and lifestyle that is difficult to replicate. A home to enjoy now, with the space, flexibility and setting to remain special for years to come.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Type
House
Bedrooms
3
Bathrooms
2
Parkings
5
Area
1,399 m²
Study
1

Price guide

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