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388 Riverbank East Road, East Bairnsdale$2.95m
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388 Riverbank East Road

East Bairnsdale, VIC 3875, Australia
$2.95m
4 bed 6 bath 8 car1.89 ha

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About this property

Welcome to an unparalleled oasis of luxury and tranquillity, nestled in the heart of East Gippsland's majestic landscape. Introducing 388 Riverbank East Road, a masterpiece of modern architecture that seamlessly blends sprawling living spaces with the timeless beauty of nature. This exquisite property is not just a home; it's a retreat, offering a unique lifestyle for those who demand excellence and privacy. With direct access to the Mitchell River through to the Gippsland Lakes, park your boat at your door step ready for the adventure to unfold. As you enter through the secure electric gates, you are welcomed into a sanctuary that spans an impressive 2,000 m² (approx.) of living space set against the stunning backdrop of the Mitchell River and Jones Bay, to the snow top mountain ranges to the north. The property stands as a testament to thoughtful design and craftsmanship, with every inch meticulously planned to elevate your living experience. The ground floor unfolds over 435 m², presenting a versatile space that caters to all facets of living. Here, you will find an impressive craft room, a day room equipped with bathroom and kitchenette, and a wine cellar to house your cherished collection. The dedicated workshop space invites creativity, while the expansive 8-car garage ensures your vehicles are housed in style. Additionally, this level includes a convenient commercial grade lift to effortlessly connect you to the rest of this magnificent home. Ascending to the first floor, you are greeted by 250 m² of opulent living space. Three lavish bedrooms, each boasting an ensuite bathroom, two with access to a private deck, offer serene sanctuaries for rest and rejuvenation. The heart of this floor is undoubtedly the grand kitchen and living area, equipped with top-of-the-line appliances set against rich ironbark flooring extending out onto an oversized outdoor entertaining area, complete with provisions for a pool and its own dedicated bathroom perfect for hosting memorable gatherings with loved ones. The second floor is exclusively designed as a parents' retreat, encompassing 115 m² of pure indulgence. Here, twin vanities, an expansive dressing room, and a breakfast station ensure mornings are luxurious. Double sliding doors open to a private outdoor area where one can bask in solitude and serenity. Extras including your own lounge and office space and floor to ceiling windows to take in the surrounding beauty. Crowning this architectural marvel is the third floor viewing retreat. Offering 360-degree views of the surrounding natural beauty, this space invites moments of reflection and awe at any time of day. Sustainability meets luxury with the inclusion of solar panels backed by battery storage, while the property benefits from both tank and town water supply options, underscoring its self-sufficient capabilities. Situated on a generous parcel that promises privacy without sacrificing connectivity, this residence stands as a beacon of modern living in harmony with nature. Whether it's revelling in the expansive indoor spaces or exploring the breathtaking outdoor surroundings, life here is graced with endless opportunities for relaxation and adventure. We invite you to discover this rare gem on Riverbank East Road where luxury meets tranquillity in East Gippsland's prestigious setting.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
6
Parking
8
Land Area
1.89 ha
Listed
3 months ago

Repayment calculator

$14,301/month
$7,151 /fortnight
Loan $2,360,000 at 6.10% over 30 years

Upfront costs

Deposit$590,000
Stamp duty$171,750
Conveyancing (est.)$2,000
Total upfront$763,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in East Bairnsdale

This 4-bedroom house in East Bairnsdale, VIC 3875 sits within reach of public transport, local shops local amenities. It is listed 1305% above the $210,000 median of 81 comparable houseswithin 5 km.

What's nearby

  • East Bairnsdale Community Hub/Hoddinott St (bus)4.3 km away
  • David Luke's Fresh Food Market4.4 km away
  • Dennison Oval4.6 km away
  • Bairnsdale Park4.6 km away
  • Howitt Park4.8 km away

East Bairnsdale at a glance

Full suburb profile
Population
1,352
Median age
45
Household income
$967/wk
Median rent
$250/wk
Median mortgage
$1,088/mo

Source: ABS Census.

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Suburb market

Suburb price trend

East Bairnsdale price trend

Median sold · House 4 bed

Compound growth -16.1% / yr over 4 yrs

$260kcurrent median

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