585 Kancoona South Rd Kancoona VIC 3691

Welcome to a truly rare find: a magnificent 50-acre lifestyle property with two separate dwellings, seamlessly blending stunning natural beauty with the tranquility of the Victorian High Country. Offering everything needed for a thriving family home, a functional working farm, or a profitable income stream, this Kancoona property awaits its next discerning owner.
Property & Land Highlights
Size & Versatility: Spanning 50 acres total, featuring approximately 20 acres of clear, fertile land ideal for livestock or horticulture, with the remainder as beautiful, manageable natural bushland.
Prime Location: Ideally positioned in a serene valley with breathtaking mountain views. Centrally located between the popular hubs of Mt Beauty, Bright, & Myrtleford, and just 3.5 hours from Melbourne.
Abundant Water: Secure water supply provided by a well and 12 tanks with a combined capacity of 130,000 litres.
Infrastructure: Excellent shedding including a spacious machinery shed, workshop, and storage facilities. Note: A range of farming equipment is available for purchase at an additional cost.
The Main Homestead & Dual Living
The Homestead: This charming, character-filled 3-bedroom, 2-bathroom double brick home offers multiple living spaces.
Farmhouse Kitchen: The heart of the home is a traditional farmhouse kitchen, perfect for farm-to-table meals. It features a wood combustion stove (providing hydronic heating and hot water), a modern electric oven/stove, and a dishwasher. It's large enough for a dining table, complementing the separate, dedicated dining room.
Comfort & Character: The spacious living area is charming, with beautiful timber windows framing rolling hill views, a newly installed split system, a cozy wood fire, and external shutters for summer and winter heat control. Timber floorboards and period details flow throughout.
Flexible Space: Includes an additional loft area suitable as a 4th bedroom or dedicated home office.
Additional Income Stream (Studio):
A fully self-contained Studio is currently operated as a successful Airbnb, boasting fantastic occupancy rates and glowing guest reviews, providing immediate passive income.
Exceptional Extra Features
Wine Cellar/ Storage: A cleverly designed Cellar offers constant temperature for your wine collection or dry goods storage (can double as a refuge from fire if needed).
Eco-Efficiency: Enjoy solar hot water and hydronic heating from the kitchen stove.
Vehicle Storage: Space for five cars is provided by a double garage, double carport, and a single carport near the house.
Gardening & Farming: Features an external laundry, established netted blueberry patch, vegetable garden, and cattle yards.
Outdoor Comfort: Includes an outdoor shower to rinse off after working in the yard.
Family Convenience: The property is situated on both the primary and secondary school bus runs, making it a perfect rural family home.
This rural property in Kancoona offers endless possibilities. Whether you choose to utilize the land for farming, enjoy a full country lifestyle, or simply lease out the land to nearby farmers while retaining the house paddock for yourself, this rural setting is ready for you to make your own.
Don't miss this opportunity to acquire a unique property that truly offers it all. Contact us today to arrange your private inspection.