32 Emerald-Monbulk Road, Emerald, VIC 3782 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$1,290,000 - $1,370,000

32 Emerald-Monbulk Road
Emerald VIC 3782

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Land area: 8907m2
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Over 2 Acres of Iconic Hills Charm, Refined Living & Endless Business Potential

**The property is accessed via the end of Davey Road**
Warm, welcoming, and wonderfully unexpected, this is Hills living at its most iconic. This masterfully reimagined property is brimming with charm and history, while blending sophistication and style on over 2 acres. A stunning conversion has resulted in the perfect setting for a magical lifestyle – whether you're seeking a one-of-a-kind home, an inspired accommodation business, or both.
Showcasing 4 bedrooms, 3 bathrooms, and 3 living zones, the home is designed for comfort and functionality. The kitchen is a standout, complete with stone benchtops and contemporary finishes. Year-round comfort is ensured with ducted heating, open fireplace, and refrigerated cooling.
The grounds are truly enchanting, framed by captivating established trees and set within walking distance to vibrant Emerald Village, offering all the essentials. Enjoy strolls around Emerald Lake and immerse yourself in the natural beauty and iconic attractions that define the region.
For those looking to unlock the property’s full potential as a thriving accommodation business, rest assured—the location sells itself with Puffing Billy, Emerald Lake Park, and the endless attractions of the Dandenong Ranges drawing visitors year-round. Overnight stays make up 50% of total tourism spend in the Yarra Valley and Dandenong Ranges, highlighting strong demand for accommodation. In the 12 months to September 2024, the region attracted 5.33 million visitors—cementing its status as a premier travel destination. (*Source: Tourism Research Australia).
Surrounded by popular wedding venues like Poets Lane, Yarra Ranges Estate, and Lyrebird Falls, this property is ideal for hosting wedding guests, event-attendees, or weekenders. With versatile accommodation potential, it’s perfectly suited for boutique B&B stays, short-term rentals, or exclusive group getaways.
Whether you choose to simply enjoy this luxurious property as is, or unlock its business potential, the opportunity is entirely yours.
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Property Details for 32 Emerald-Monbulk Rd, Emerald

32 Emerald-Monbulk Rd, Emerald is a 4 bedroom, 3 bathroom AcreageSemi-rural. The property has a land size of 8907m2. The place is currently for sale with Kaye Charles Real Estate.

Building Type
AcreageSemi-rural
Land Size
8907m2
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About Emerald 3782

The size of Emerald is approximately 50.4 square kilometres. It has 21 parks covering nearly 7.5% of total area. The population of Emerald in 2016 was 5778 people. By 2021 the population was 5890 showing a population growth of 1.9% in the area during that time. The predominant age group in Emerald is 50-59 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a professional occupation.In 2021, 90.40% of the homes in Emerald were owner-occupied compared with 88.40% in 2016.

Emerald has 2,476 properties. Over the last 5 years, Houses in Emerald have seen a 28.36% increase in median value, while Units have seen a 40.97% increase. As at 30 November 2025:

  • The median value for Houses in Emerald is $1,008,214 while the median value for Units is $672,050.
  • Houses have a median rent of $650.
There are currently 21 properties listed for sale, and no properties listed for rent in Emerald on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Emerald.

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Amanda Charles
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Kaye Charles Real Estate
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