1937 Three Chain Road, Lancefield, VIC 3435 | House for sale | OnTheHouse
 
FOR SALE
$1,150,000 - $1,250,000

1937 Three Chain Road
Lancefield VIC 3435

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 10.5ha
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A Rare Macedon Ranges Opportunity - 26 Acres of Lifestyle, Charm & Endless Potential

Set against a spectacular backdrop of Deep Creek and the Cobaw Ranges, this exceptional 26-acre (approx.) property delivers a truly rare combination of lifestyle, location, and untapped opportunity-perfect for tree-changers, boutique accommodation seekers, or developers (STCA).
Occupying multiple titles with broad road frontage, this unique holding offers flexibility for future use. The charming weatherboard cottage, full of timeless Australiana character, enjoys sweeping views from every angle and is surrounded by well-maintained grounds and functional infrastructure.
Inside, the home features light-filled living and dining areas that flow to a country-style kitchen with striking black stone benchtops, 900mm Puro Black freestanding cooker, and a picture window bar that brings the outdoors in. A wraparound verandah invites long lunches and sunset views over the paddocks.
Three generous bedrooms include built-in robes, one with its own powder room, and a central bathroom featuring a frameless glass shower. Comfort features include reverse-cycle split system, heat pump hot water, coonara, wood fireplace (recently serviced), and a double carport.
The property's functionality is matched by its thoughtful upkeep: septic system, pumps, water tanks, gas and electricity services have all been professionally cleaned or serviced, ensuring smooth day-to-day living. A series of powered and plumbed outbuildings, including a converted shed with timber floors and a pop-up veranda, present exciting potential for short-stay accommodation, studios, or creative business use (STCA).
Outside, the land is well-fenced and features direct access to Deep Creek, two spring-fed dams, multiple paddocks, and an active hay return. A 6.6kW solar system with Tesla Powerwall and automated entry gates complete the package.
Ideally located in the heart of Macedon Ranges wine country-just minutes to Lancefield's shops, cafes, markets, and top schools-this one-of-a-kind rural retreat offers serenity today and opportunity for tomorrow.
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Property Details for 1937 Three Chain Rd, Lancefield

1937 Three Chain Rd, Lancefield is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 10.5ha. The place is currently for sale with Raine & Horne Gisborne.

Building Type
House
Land Size
10.5ha
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About Lancefield 3435

The size of Lancefield is approximately 126.2 square kilometres. It has 3 parks covering nearly 13.5% of total area. The population of Lancefield in 2016 was 2455 people. By 2021 the population was 2743 showing a population growth of 11.7% in the area during that time. The predominant age group in Lancefield is 60-69 years. Households in Lancefield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancefield work in a professional occupation.In 2021, 86.60% of the homes in Lancefield were owner-occupied compared with 83.20% in 2016.

Lancefield has 1,519 properties. Over the last 5 years, Houses in Lancefield have seen a 32.96% increase in median value, while Units have seen a 38.58% increase. As at 31 December 2025:

  • The median value for Houses in Lancefield is $797,011 while the median value for Units is $611,849.
  • Houses have a median rent of $575.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Lancefield on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Lancefield.

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Ken Grech
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Jason Woodford-Smith
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Raine & Horne Gisborne
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