OFF MARKET

2 Ridge Way
Mountain Bay VIC 3723

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
Floor area: 292m2
Land area: 4662m2
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Property Details for 2 Ridge Way, Mountain Bay

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.

Building Type
House
Year Built
2000
Floor Size
292m2
Land Size
4662m2
Local Government
Mansfield
Lot/Plan
19/PS333277

Last Listing description (October 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'.

Property History for 2 Ridge Way, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$850,000
27 Jul 2018
  • 27 Jul 2018
    Sold for $850,000
  • 23 May 2018
    Listed for Sale $850,000 - $900,000
  • 27 Nov 2013
    Listed for Sale BETWEEN $650000.00 - $700000.00
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About Mountain Bay 3723

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:

  • The median value for Houses in Mountain Bay is $1,097,582 while the median value for Units is $741,428.
There are currently no properties listed for sale, and 1 property listed for rent in Mountain bay on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Mountain bay.

Suburb Insights for Mountain Bay 3723

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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.