15535 Riddoch Highway, Penola, SA 5277 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$795,000 - $870,000

15535 Riddoch Highway
Penola SA 5277

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Land area: 7800m2
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SALE - BEAUTIFUL CHARACTER LIFESTYLE - 2 DWELLINGS + VINES

Positioned in the heart of the Coonawarra wine region, just minutes from historic Penola and halfway between Adelaide and Melbourne, this impressive Mount Gambier stone homestead (circa 1951) proudly overlooks the gardens and vineyard, exuding timeless character with its entrance and gardens, solid stone construction and art deco flourishes.
Previously run as a boutique cellar door and dining destination, the front building presents an exciting opportunity to reimagine the space as a grand family home or charming wine country retreat, with up to three bedrooms and multiple potential living areas.
While the front homestead awaits your personal touch, the second dwelling at the rear (affectionately known as the Winemaker’s House) is ready to move into. This 4-bedroom residence offers modern comfort and vineyard views, complete with a stylish kitchen, bathroom with underfloor heating, and relaxing outdoor spaces.
Set on approximately 7,800 m² (just under 2 acres) of fertile land featuring Coonawarra’s iconic terra rossa soil over limestone, this property captures the essence of one of South Australia’s most celebrated wine districts. It’s a haven for those seeking a true country lifestyle with room for generations to thrive, surrounded by the beauty, history, and community spirit of Penola.
Feature packed offering:
Stone Homestead
• 4 spacious rooms all with captivating vineyard and garden views
• Open Plan Living/Dining
• Formal Dining
• Kitchen with island bench and vineyard views
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Property Details for 15535 Riddoch Hwy, Penola

15535 Riddoch Hwy, Penola is a 7 bedroom, 2 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 7800m2. The place is currently for sale with Complete Real Estate.

Building Type
AcreageSemi-rural
Land Size
7800m2
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About Penola 5277

The size of Penola is approximately 252.5 square kilometres. There are 14 parks, covering nearly 11.5% of the total area. The population of Penola in 2016 was 1592 people. By 2021 the population was 1622 showing a population growth of 1.9% in the area during that time. The predominant age group in Penola is 50-59 years. Households in Penola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Penola work in a managers occupation.In 2021, 72.60% of the homes in Penola were owner-occupied compared with 67.40% in 2016.

Penola has 1,247 properties. Over the last 5 years, Houses in Penola have seen a 123.03% increase in median value, while Units have seen a 103.20% increase. As at 31 July 2026:

  • The median value for Houses in Penola is $453,765 while the median value for Units is $360,269.
  • Houses have a median rent of $260.
There are currently 12 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to Cotality's data, 54 properties were sold in the past 12 months in Penola.

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Shae Landon
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Gabby Ogilvie
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