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Perfect as a family getaway, a full-time retreat or a smart investment.\n\nThe large front deck is your go-to spot for sunrise coffees and sunset drinks, soaking in the sweeping lake and district views. A second private deck off the bedrooms gives you a quiet retreat whenever you need it.\n\nInside, the light-filled open-plan layout flows easily between the lounge, dining and kitchen, making it ideal for relaxed weekends or everyday living.\n\nPracticality is sorted too: a sealed driveway leads to a workshop, lock-up garage and carport, with secure storage for boats, trailers and holiday gear. 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Built in the early 1900s and lovingly maintained from front to back, the home is surrounded by beautifully landscaped cottage gardens that immediately capture your attention and set the tone for what lies beyond.\n\nStep inside to find a residence brimming with character and warmth. The wide entrance hall and soaring 12-foot ceilings create a grand first impression, while polished floorboards and period touches evoke a true sense of history. All bedrooms are of generous size and feature ceiling fans, with one offering the convenience of a shower and hand basin. The home is exceptionally well insulated throughout, ensuring year-round comfort.\n\nThe open plan living area at the rear of the home is the heart of everyday life, seamlessly combining the kitchen, meals and lounge areas. The kitchen features a dishwasher, gas cooktop and electric oven, while a wood heater and split system provide both ambience and climate control. 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The three spacious bedrooms all feature built-in robes and large windows, comfortably accommodating families or groups.\n\nDownstairs is purpose-built for entertaining, complete with a second kitchen, full bathroom, and a huge undercover area that flows out to a firepit zone - ideal for BBQs, drinks under the stars, or unwinding after a day on the mountain or lake. A lockable garage provides secure storage for boats, snow gear, or bikes - appealing to year-round adventurers.\n\nProperty Highlights:\n- Proven Airbnb income with 2024 earnings over $19,000 from 41 nights booked via Airbnb alone, with additional income (~$14,000) from other platforms\n- Estimated 2024 total income just under $30,000\n- Three-bedroom, two-bathroom layout with spacious open-plan kitchen and living\n- Two-storey home on a fully fenced block with excellent yard space\n- Easy lake access via the Bonnie Doon Hotel\n- Just moments from the Bonnie Doon pub and boat ramps\n- Lock-up garage with concrete floor and power\n- Excellent guest appeal with high occupancy potential in both summer and winter seasons\n\nWhether you're catering to snow lovers headed for Mt Buller, lake adventurers, or those simply looking to unwind in comfort, this property has all the ingredients for a highly successful short-term rental.\n\nGet in touch today to arrange your private inspection or watch for upcoming open homes - this one won't stay secret for long.\n\n**Disclaimer**\nAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. 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If you're looking for a place for your livestock and hobby farm living, then this is perfect for that. Offering separate paddocks plus a dam with plenty of sheds for wood and feed storage, plus a chicken house ready to go.\n\nUpon entering the driveway, you get a sense of relaxation and country living with the complete privacy this property offers with the established mature trees and gardens around the property. The fencing is in very good condition for any livestock.\n\nThe home offers, three bedrooms with walk in robe to master with one bathroom and toilet. The country style kitchen has plenty of storage with electric oven and gas cook top. The open plan living offers a cathedral ceiling, wood fire, tiled floors and reverse cycle split system.\n\nThe front deck overlooks the majority of the property with a sunny northeast facing aspect. 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Spacious, there is plenty of room for entertaining, with excellent storage and bench space in the kitchen and near new electric oven. Fresh new carpets have been layed throughout.\n\nAn undercover outdoor eating area adds to the living space, and speaks of lazy weekend lunches, with plenty of Yarra Valley produce and beverages served!\n\nBack inside, the generous master has a neutral ensuite, and two double wardrobes. The second and third bedrooms are also spacious, with excellent storage. The family bathroom has bath and seperate shower and again netural tones. More storage is found in the hall, and also in the laundry -plenty of space for those awkward items like suitcases etc.\n\nA single car garage with remote door has access to both the home through the laundry, and the back garden, with an additional roller door. 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The setting is quite magical too, with the home nestled in landscaped native gardens with a delightful little pine forest on the rear section of the property. It's completely private and very peaceful with abundant birdlife and nearly an acre on title. There's ample parking for multiple vehicles plus your boat and a great shed/man cave as well as the deceptively spacious 4 bedroom home.\n\nThe versatile floorplan, with the multiple living areas and bedrooms spread over four levels, would be ideal for multi-generational family accommodation or even paying bed and breakfast guests. The lower ground level could easily be converted into a self contained apartment as it already boasts a private entrance. While the home is really lovely the real star of the show here is the incredible view across Lake Eildon to the forest covered hills, not just from the huge lakeside deck but also from the ground floor living area and the two upstairs bedrooms. 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Perfect for growing families, home-based professionals, or anyone seeking extra room to spread out, this residence delivers generous proportions and a layout that supports both connection and privacy.\nStep inside to discover two inviting living zones, providing complete versatility for day-to-day living. The front lounge offers a quiet space for relaxation, movie nights or a parents' retreat, while the main open-plan living and dining area forms the vibrant heart of the home. Large windows bathe the space in natural light, creating an airy and welcoming atmosphere.\nThe well-appointed kitchen overlooks the main living zone, ensuring easy interaction during meal prep and entertaining. 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Every room feels welcoming and uplifting-perfect for both everyday living and special gatherings.\n\nBuilt in 1928 as a private maternity Hospital \"Fernley\" retains classical architectural features, blending seamlessly with thoughtful updates, ensuring modern comfort without losing the charm of yesteryear.\n\nThe home features 4 bedrooms, including a master with ensuite, plus a formal dining room that can easily serve as a 5th bedroom, the home adapts beautifully to your lifestyle.\nThe living room, like most of the home has 3m ceilings, long windows that invite natural light. The homes heating is a lovely wood heater and split systems for heating and cooling. A wide hall leads to the freshly updated kitchen. Here, farmhouse style meets functionality with a farmhouse sink, shaker cabinetry, and a traditional Kangaroo Homestead cooker that can be used as either a wood stove or electric.\n\nThe main bathroom has been tastefully upgraded, and from the convenient mudroom you'll step into a neat, low-maintenance garden adorned with ornamental shade trees, heritage roses and an extensive native garden. There are 3 outdoor decking areas to choose from, ideal for enjoying sitting with friends around a firepit or quiet sitting areas to relax.\n\nThe home is centrally located within a short walk to High Street shops, businesses and eateries, plus school, kinder and the Hospital. Yea is a quiet Regional Township located 107 km from Melb CBD and 72 km to Tullamarine Airport\n\nWhether you're drawn to the sunlit living spaces, the cozy nooks that invite relaxation, or the enchanting garden that has matured gracefully over time, this home is more than just a place to live-it's a place to belong.\n\nProperty Highlights\n\n4-car garage with ample workspace, concrete flooring and power\n\nSlow combustion wood fire plus 2 reverse cycle heating and cooling systems to living room and kitchen\n\nSun-filled interiors with 3 Deck areas in an uplifting setting\n\nHistoric character paired with modern conveniences\n\nMature and low maintenance gardens\n\nPrivate setting, just minutes' walk to High Street shops, restaurants, and cafés and community services\n\nMix Used Zoning (MUZ) lending to both Residential and commercial uses\n\nPlease call to arrange your private inspection\n\nKerryn Rishworth on mobile: 04 1234 6169\nKye Rishworth on mobile: 0407 041 395\n\n* Inspections for this property are strictly by private appointment only. 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