2 Ridge Way, Mountain Bay is a 5 bedroom, 3 bathroom House with 6 parking spaces and was built in 2000. The property has a land size of 4662m2 and floor size of 292m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
This custom designed masterbuilt home enjoys a prime elevated position in the exclusive Mountain Bay Estate with spectacular views across Lake Eildon to the forest covered ranges beyond. Just over an acre with an amazing home and a self contained apartment with a separate driveway entrance. Plus there's secure storage for multiple vehicles, boats and all your other toys.
The home was designed for entertaining and relaxing. There's room to host a huge party with a massive open plan living area with built in bar and an even bigger deck complete with a heated spa. Or perhaps you just want to lie back on a sun lounge and enjoy those panoramic views.
Back inside you will find the home theatre complete with 18 original cinema seats so you can invite all the gang to watch a movie... or who knows what you might get up to in your own 'Red Room'.
The size of Mountain Bay is approximately 9.6 square kilometres. It has 1 park covering nearly 2.4% of total area. The population of Mountain Bay in 2011 was 382 people. By 2016 the population was 42 showing a population decline of 89.0% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation. In 2011, 84.6% of the homes in Mountain Bay were owner-occupied compared with 135.7% in 2016..
Mountain Bay has 76 properties. Over the last 5 years, Houses in Mountain Bay have seen a 109.65% increase in median value, while Units have seen a 58.47% increase. As at 31 October 2024:
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