Luxury 132-Acre Lifestyle Property with Views & Income Potential in Toolern Vale

648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337

For Sale

648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337-Image

Lifestyle

Type

Bedrooms

Bathrooms

53.42 ha

Area

Last updated on Monday, June 08, 2026 ( See property details for 648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337)

$2,990,000 - $3,289,000

View the agent price guide.

Chris Williams - Real Estate Agent - Ray White - Melton

Chris Williams Sales Consultant

Call Message Chat

Dimitrios Kallitsis - Real Estate Agent - Ray White - Melton

Dimitrios Kallitsis Sales Consultant

Call Message Chat

Track this property Request an inspection

Report Title Search CMA Report Suburb Profile

AI Property Insight

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

A rare 132-acre lifestyle estate with panoramic views, established equine infrastructure, and versatile dwellings close to Gisborne and Melton.

🏡 Property Highlights

Panoramic views stretching to Melbourne CBD and Port Phillip Bay on clear days
Approximately 132 acres of Rural Conservation Zoned land with established infrastructure
Existing income-generating horse agistment business and equine facilities
Multiple dwellings including a one-bedroom bungalow and a three-bedroom house
Elevated vantage points offering unique outlooks in every direction
Well-set-up land for lifestyle and equine use with open grazing areas and dams

✨ Key Features

Open-Plan Living
Waterfront / Views
Shed
Outdoor Area
Built-in Robes
Water tanks
Ensuite
Security Screens / Gates
Fly Screens
Extra Storage (Shed/Linen)

Suburb and Property Insights of Toolern Vale, VIC 3337

Toolern Vale is a picturesque rural locality renowned for its rolling countryside, scenic vistas, and proximity to regional centres. It offers a peaceful lifestyle with easy access to Gisborne and Melton, making it ideal for equine pursuits, lifestyle living, and future land development. The area combines natural beauty with practical infrastructure, attracting those seeking privacy and scenic outlooks. Its well-established community and strategic location make it a highly desirable rural retreat.

Frequently Asked Questions

What is the current condition of the existing dwellings and are there renovation opportunities?

The existing dwellings include a one-bedroom bungalow and a three-bedroom house, both offering scope for renovation, replacement, or reimagining to suit future lifestyle or business needs (STCA).

What infrastructure is in place for equine use and lifestyle activities?

The property features established horse enclosures, open grazing areas, two dams, and a fully operational horse agistment business, providing immediate income potential and functional utility.

Are there any restrictions or zoning considerations for future development?

The land is designated as Rural Conservation Zoned, and any future development or reconfiguration would require appropriate approvals and compliance with local planning regulations.

What are the water and utility arrangements for the property?

The property is serviced by septic systems and water tanks for the dwellings, with no mention of mains water or other utilities.

Is there potential for further land subdivision or land banking?

Given its size, elevation, and outlook, the property offers potential for future land banking or subdivision, subject to council approval and planning regulations.

What to ask about this property to agent?

Are there any existing easements, covenants, or planning restrictions affecting the property? What are the ongoing costs associated with maintaining the land and infrastructure? Are there any known issues with the septic systems or water tanks? Is there any history of flooding, bushfire risk, or environmental hazards on the land? Are there any upcoming planning or development proposals in the vicinity that could impact the property’s privacy or views?

648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337 - More Details

$2,990,000 - $3,289,000

Type: Lifestyle
Bedrooms: 3
Bathrooms: 1
Area: 53.42 ha

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337 - Point Of Interest

Locate Near By Places of 648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337 On Map

Your Commute at a Glance: 648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337

Email Enquiry To Ray White - Melton

<div><input id="g-recaptcha-response_captcha_737325524" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_737325524 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_737325524"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Chris Williams

Call

Dimitrios Kallitsis

Call

648-764 Gisborne-Melton Road, Toolern Vale, Vic 3337

Price Information

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Toolern Vale

Real Search makes searching for your new home easy with properties for sale in Toolern Vale and properties for rent in Toolern Vale. Are you looking for specific type of property? Real Search has units for sale in Toolern Vale and houses for sale in Toolern Vale. Real Search also provides 1 bedroom lifestyle for sale in Toolern Vale, 2 bedroom lifestyle for sale in Toolern Vale & 3 bedroom lifestyle for sale in Toolern Vale. Find best real estate agents in Toolern Vale. You can also check real estate agencies in Toolern Vale. Research the property market of Toolern Vale with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_1270843001" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1270843001 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1270843001"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.