5 The Dress Circle, Mountain Bay, Vic 3723

$990,000 - $1,080,000

House
Type
3
Bedrooms
2
Bathrooms
4
Parkings
6,353.56 mΒ²
Area

Published on Monday, April 20, 2026 ( See property details for 5 The Dress Circle, Mountain Bay, Vic 3723)

$990,000 - $1,080,000

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

A beautifully elevated family home in Mountain Bay offering stunning views, spacious living, and direct lake access with premium water and infrastructure features.

🏑 Property Highlights

  • Elevated position with stunning open area views and Mt Buller in the distance
  • Large open-plan living and dining with polished timber floors and natural light
  • Expansive wrap-around verandahs and elevated deck for outdoor entertaining
  • Private boat ramp access for lake activities and water-based recreation
  • Spacious main bedroom with walk-in robe and private ensuite
  • Approximately 65,000 litres of rainwater storage with gravity feed from shed

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Waterfront / Views
  • Ensuite
  • Home Office / Study
  • Shed
  • Ceiling Fans
  • Heating (Ducted/Split)
  • Security Screens / Gates
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5 The Dress Circle
Mountain Bay, VIC 3723
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Vertical aerial view β€” 5 The Dress Circle
5 The Dress Circle — Vertical Aerial  •  Mountain Bay, VIC 3723  •  Nearmap © 2026

Mountain Bay offers a tranquil lakeside lifestyle with stunning valley views, direct access to the lake via a private boat ramp, and a peaceful community atmosphere. The area is perfect for outdoor enthusiasts, with ample space for boating, fishing, and nature walks. Its elevated position provides breathtaking seasonal vistas, while the close-knit neighbourhood fosters a relaxed, family-friendly environment. Conveniently located yet secluded, Mountain Bay is ideal for those seeking a serene escape or a permanent tree-change.

What are the main lifestyle benefits of this property?
This property offers a peaceful lakeside lifestyle with stunning valley views, outdoor entertaining spaces, and direct access to the lake for boating and water activities.
Is the home suitable for entertaining guests?
Yes, the large open-plan living and dining area, dedicated bar zone, pool table space, and expansive verandahs make it ideal for hosting gatherings.
What are the heating and cooling features?
The home is equipped with ceiling fans and a wood heater, providing comfort throughout the year, with additional modern heating options available.
Does the property have water security and storage?
Yes, it includes approximately 65,000 litres of rainwater storage with gravity feed from the shed, ensuring ample water supply.
Are there any special features for outdoor living?
The property boasts wrap-around verandahs, an elevated deck with external speakers, and a fully dog-proof fence, perfect for outdoor enjoyment.
Are there any existing or planned developments nearby that could affect the property's privacy or views? What are the zoning restrictions or easements associated with the property? Has the property been tested for flood or bushfire risks? Are there any additional costs for maintaining the water storage or infrastructure? Is the boat ramp and lake access shared or exclusive, and are there any associated fees? Are there any restrictions or requirements for future renovations or extensions? What is the condition of the existing infrastructure, including the shed and hot water system? Are there any ongoing or upcoming community or council projects in the area? Is the property compliant with all local building and safety regulations? Are there any noise or neighbour-related considerations to be aware of?

5 The Dress Circle, Mountain Bay, Vic 3723 - More Details

$990,000 - $1,080,000

Some properties are simply houses. Others become a feeling and once you arrive, you'll understand why. Perched above the valley with open area views and the distant peak of Mt Buller quietly anchoring the horizon, this is a place that wraps itself around you. The kind of place where mornings begin slowly with coffee on the deck, and evenings end warmly by the fire.

Built circa 1999 and solidly constructed to make the most of its privileged elevated position, the home is designed to maximise privacy, natural airflow, and a genuine sense of outlook.The area views stretch pleasantly across the surrounding landscape, with Mt Buller visible in the distance - a subtle but ever-present reminder of the remarkable alpine country you're nestled within. A view that shifts with the seasons and never loses its quiet charm.

Inside, the large open-plan living and dining area is anchored by polished timber floors and flooded with natural light. A wood heater makes the heart of the home truly sing in the cooler months - this is hygge in its purest form. A dedicated bar area and pool table zone speak to the property's entertaining credentials, while the spacious kitchen with generous bench space, ample storage and a 900mm gas cooktop connects seamlessly to the main living area for effortless hosting.

Three bedrooms, all with built-in robes, offer comfortable accommodation for family and guests. The oversized main bedroom features a walk-in robe and private ensuite - a genuine owner's sanctuary. Step outside onto the expansive wrap-around verandahs and elevated deck where external speakers set the mood and the pleasant area views do the rest. Fully dog-proof fence, the property is as practical as it is appealing.

A key to the water awaits

Included with the property is a key to the private boat ramp - your direct gateway to the lake. Whether it's an early-morning fishing session, an afternoon on the water, or simply the knowledge that it's there when you want it, this is a rare and coveted inclusion in this tightly held pocket of Mountain Bay.

The infrastructure underpinning this lifestyle is equally impressive: approximately 65,000 litres of rainwater storage including gravity feed from the shed, a near-new heat pump hot water system, a powered shed with mezzanine storage, and a single carport. The practical bones are as strong as the lifestyle appeal.

Whether you're seeking a permanent tree-change escape or the ultimate weekend retreat, 5 The Dress Circle is ready to deliver that rare thing - a property that not only meets your checklist, but genuinely moves you.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
4
Area
6,353.56 mΒ²

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