For Sale

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

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

132 ac.

Land

1 day on the market

View agent price guide

What's around 648-764 Gisborne-Melton Road

A Once in a Generation 132-Acre Lifestyle Sanctuary with Sweeping Panoramic Views

Positioned within the picturesque foothills of the Macedon Ranges on approximately 132 acres of Rural Conservation Zoned land, this extraordinary lifestyle property on Gisborne Melton Road offers a rare combination of scale, privacy and panoramic views stretching all the way to the Melbourne CBD and Port Phillip Bay on a clear day. Elevated vantage points across the property create a truly unique outlook in every direction, delivering an ever changing backdrop of rolling countryside by day and city lights by night. The setting is peaceful, private and incredibly hard to replicate this close to both Gisborne and Melton. The land is well set up for equine and lifestyle use, featuring established horse enclosures, open grazing areas, 2 dams, and a fully operational horse agistment business already in place, offering immediate income potential and ongoing use flexibility. Within the holding, there are three existing dwellings, including a one bedroom bungalow and an additional three bedroom house. These provide on site accommodation and functional utility, with clear scope for renovation, replacement or reimagining to suit future lifestyle or business requirements (STCA). Septic systems and water tanks servicing the dwellings What truly defines this property, however, is the land itself, its scale, elevation and outlook. Opportunities of this size and proximity to key regional centres are increasingly rare, particularly with uninterrupted views and usable lifestyle infrastructure already established. Whether you are seeking a premium lifestyle estate, equine retreat, land banking opportunity or a long-term vision project, this is a property that offers genuine flexibility and exceptional potential in a tightly held location. Photo ID Required for All Property Inspections Please refer to the link below for the most recent Due Diligence Checklist: https://bit.ly/RWDue_Diligence Please refer to the link below for Ray White's Collection Notice: https://bit.ly/RW_PrivacyNotice DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Looking for more information on 648-764 Gisborne-Melton Road?

Explore comparables, sales history and growth for this property.
Learn more

Contact

© 2026 RateMyAgent