OFF MARKET

114 Devonshire Lane
Mount Macedon VIC 3441

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 295m2
Land area: 27899m2
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Property Details for 114 Devonshire Lane, Mount Macedon

114 Devonshire Lane, Mount Macedon is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 27899m2 and floor size of 295m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1930
Floor Size
295m2
Land Size
27899m2
Local Government
Macedon Ranges
Lot/Plan
1/TP134765

Last Listing description (September 2022)

Registration of Interest Closing at 5pm AEST 19th of May 2022.

Macedon Ranges Sotheby's International Realty is proud to present a rare opportunity to secure an historic Mount Macedon property and return it to its former glory. Positioned at the most elevated position on renowned Devonshire Lane it sits in the midst of one of the few remaining pockets of rainforest on Mount Macedon, with views to the You Yangs and the Bay.

Surrounded by mature Sequoia sempervirens (redwoods), Douglas fir, maples, pines and many other significant trees, as well as rhododendrons, hydrangeas, camellias, an abundance of tree ferns and moss-covered dry stone walls, with Turritable Creek bordering the property, Penbryn sits high on the mountain on almost 7 acres of rich soil for the keen gardener to transform into a spectacular, secluded paradise.

Built in the 1950s, Penbryn is a home of exceptional character. The main reception and sitting rooms are lined on walls and ceilings with hardwood timber that came from The Chalet, the original home built on the site by John Droop in the 1860s.

The main entrance, with leadlight from the original house surrounding the door, opens into a lounge and library, with large open fireplace and views to the central courtyard. Two bedrooms open off this space, one opening to the central courtyard and filled with natural light.

Moving through to the second main area, a large open fire dominates the main space and, together with the wood panelling and leaded diamond paned windows, creates a mountain chalet atmosphere that is quite unique. Adjacent to the main sitting and dining room is a large, light-filled modern kitchen with La Germania stove and dishwasher, island bench, and external access.

There are 4 bedrooms with two bathrooms and separate powder room. The master bedroom, with walk-in robe and large ensuite with bath, occupies one side of the central courtyard. Windows on three sides of the bedroom provides views of the mountain landscape. The laundry and boiler room (that services the hydronic heating) are also located in this wing for easy external access.

As well as the main home, there is a large shed with a wood-fired stove, two main areas and a mezzanine floor, ideal for conversion to a tiny home Airbnb opportunity. Two other small sheds are located on the property, with many beautiful walks lined with ferns and woodland vegetation.

Despite feeling a world away, Penbryn offers easy access to Melbourne Airport and CBD (less than an hour away). It is also close to the Mount Macedon Pub, the Trading Post caf, local primary schools, Braemar College and other secondary schools in the Ranges, all serviced by dedicated coach services. The opportunity to acquire this historic property and transform it into a stunning multi-generational property should not be missed.

Property History for 114 Devonshire Lane, Mount Macedon, VIC 3441

A timeline of how this property has performed in the market
Last Sold
$2,080,000
22 May 2022
  • 22 May 2022
    Sold for $2,080,000
  • 01 Apr 2022
    Listed for Sale UNDER CONTRACT
  • 16 Oct 2010
    Sold for $1,300,000
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About Mount Macedon 3441

The size of Mount Macedon is approximately 34.6 square kilometres. It has 4 parks covering nearly 48.4% of total area. The population of Mount Macedon in 2011 was 1,320 people. By 2016 the population was 1,337 showing a population growth of 1.3% in the area during that time. The predominant age group in Mount Macedon is 60-69 years. Households in Mount Macedon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Macedon work in a professional occupation. In 2011, 88% of the homes in Mount Macedon were owner-occupied compared with 87.5% in 2016.

Mount Macedon has 747 properties. Over the last 5 years, Houses in Mount Macedon have seen a 40.37% increase in median value, while Units have seen a 23.72% increase. As at 31 October 2024:

  • The median value for Houses in Mount Macedon is $1,360,367 while the median value for Units is $888,805.
  • Houses have a median rent of $1,200.
There are currently 16 properties listed for sale, and no properties listed for rent in Mount macedon on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Mount macedon.

Suburb Insights for Mount Macedon 3441

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.