Back 164-166 Falls Road
Off Market

164-166 Falls Road

Olinda VIC 3788

5
3
4
18146 m²
House
Scott AllisonScott Allison, last sold this property on 07 June 2025 after 107 days on market.

Overview

Spectacular Dual-Living Sanctuary - Rammed Earth Homestead and Cottage on Acreage

Heart and innovation shaped this breathtaking 4.5-acre property, lushly embraced by established trees, just minutes from Olinda's amenities. Crowned by a striking residence and a dependent person's unit, it combines luxury and serenity with the versatility of dual living. Reached via twin driveways, the property offers full perimeter access and plentiful parking, featuring an automated gate with a camera intercom for the main residence and a separate gated driveway for the cottage. The main residence is a masterpiece of insulated rammed earth and charred timber construction, designed for year-round comfort with exceptional thermal efficiency and reclaimed timber accents. An open plan living and dining room greets you inside, adorned with engineered oak floorboards and highlighted by soaring vaulted ceilings. Oversized double-glazed windows showcase the stunning grounds, while a Chiminees Phillippe freestanding fireplace serves as a centrepiece. The adjoining kitchen offers abundant storage, quality appliances and a large breakfast island. Sliding and bifold doors open to a patio from here for seamless entertaining. Three oversized bedrooms with wool carpet offer a restful retreat, including the master suite with a walk-in wardrobe, alfresco access and an en-suite. The remaining robed bedrooms, including one with external access, share a family bathroom and a powder room. Additional features such as a laundry with a drying cupboard, underfloor heating, an indoor/outdoor sound system, generous storage and an oversized remote double garage enhance the main residence. The impressive cottage is introduced by an open plan room with vaulted ceilings, hardwood flooring and a wood heater. Two spacious bedrooms can be found in the cottage, both with wool carpet, built-in wardrobes, split system air conditioners and ceiling fans. The cottage also boasts a full kitchen, a bathroom, a laundry, two decks and a double carport. Equipped with essential infrastructure and amenities, this spectacularly crafted property is a sanctuary for multi-generational families. * Generator back-up connection * Natural gas * NBN fibre internet connection * Fire pump, 100 kilolitres of water storage and Yarra Valley Water backup connection * Vegetable patch and fruit trees * Hot house and two 20ft storage containers * Septic tank with a sand filter and herringbone irrigation * Close to bus services, reserves, trails, speciality stores, cafes, restaurants and a primary school * Home still under Builders warranty

Features

5 bedrooms
3 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
18146 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Olinda over the last 12 months, the estimated median property value of 164-166 Falls Road is $1.25m.

Median value
$1.25m
Estimated value range
$710k - $2.42m
Median days on market
69
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Olinda. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 164-166 Falls Road

2025
Sold
Undisclosed
07 Jun 2025 by Scott Allison, of Fletchers Yarra Ranges
2017
Sold
Undisclosed
Private Sale/Treaty on 02 Feb 2017 by Dwayne Sparkes, of Bell Real Estate Olinda
2016
Sold
$600,000
18 Jan 2016 by Scott Allison, of Fletchers Yarra Ranges

Happy sellers in Olinda

60%
60% of sellers in Olinda reported that their sale price either exceeded or met their price expectations.

Olinda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Olinda over the last 12 months.

Local market activity for 5 bedroom houses in Olinda

In the last 12 months, 3 five-bedroom houses similar to 164-166 Falls Road, have been sold.

This represents a 34% increase in five-bedroom houses sales when compared to the previous 12 months.

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