Steeped in Paynesville history and standing since 1880, Ilfracombe Homestead occupies one of the town's largest and most remarkable waterfront landholdings.
Set across approximately 10,268m² in an elevated position overlooking Newlands Backwater, Sunset Cove and Lake Victoria, the property combines panoramic water views, established gardens and direct access to the Gippsland Lakes.
Beyond secure gates, a lengthy driveway winds through beautifully established grounds before arriving at the historic residence. Centred around its exceptional outlook, the home retains much of its original character while incorporating thoughtful modern improvements.
The main living area features parquetry flooring and connects with a modernised kitchen, butler's pantry and cellar. French doors extend the living space onto an expansive sandstone entertaining area overlooking the gardens and water. A generous bedroom with beautiful bay windows, bathroom, separate toilet and laundry complete the ground floor.
Upstairs are four further bedrooms and a central bathroom, complemented by intricate cornice work, ceiling roses and access to the wraparound verandah with detailed balustrading.
On the waterside, expansive lawns fall towards the shoreline, with a fire pit and sitting area positioned to capture the magnificent outlook. An established Moreton Bay Fig stands prominently within the grounds, adding to the character and sense of history.
The property is further enhanced by an impressive approximately 8m x 52m shed with drive-through and high-clearance access, extensive vehicle, boat and caravan storage, a full bar and sitting area, together with a separate commercial-grade kitchen and additional entertaining space.
Two jetty berths provide direct boating access from the sandy shoreline, while three large water tanks, a bore, extensive garden irrigation and backup generator support the property.
Rare in scale, history and waterfront position, Ilfracombe House represents an extraordinary opportunity to secure one of Paynesville's most significant properties and continue the story of a home that has stood overlooking the Gippsland Lakes for more than 140 years.