40 Lower River Road EGapsted VIC 3737
Property Details for 40 Lower River Rd E, Gapsted
Last Listing description (April 2025)
Nestled at the base of Victoria's breathtaking Alpine region, this picturesque property offers the perfect blend of serenity and convenience. Located just 5mins from Myrtleford, 19 minutes from Beechworth, and 31 minutes from Wangaratta*, it places you close to the Ovens River and delivers stunning views of Mount Buffalo.
The property spans almost 18 acres (approx), divided into three well-fenced paddocks with the largest paddock accessible via the main road, making it ideal for running a few head of cattle or other livestock. Complete with a spring fed dam, cattle troughs, a 14-meg water license and a well, the land is perfectly suited for agricultural or lifestyle pursuits with it's fertile land. Current agistment arrangements provide an additional income stream of approximately $500 per month, and has previously catered for up to *17 heifers without the need of purchasing additional feed.
The home itself has undergone a stunning transformation inside and out, combining contemporary elegance with country charm. The thoughtfully designed floorplan features:
A dedicated study nook, perfect for working from home.
The large windows allow natural light to stream effortlessly into the open plan kitchen/living and dining area and is complimented by the stylish wall panelling, a slow-combustion wood heater, and a reverse-cycle split system.
The gourmet kitchen is a standout, featuring:
A large island bench with soft close drawers
An electric cooktop, oven, and dishwasher.
A butler's pantry with overhead cupboards
The family bathroom is luxurious, with floor-to-ceiling tiles, a freestanding bath, dual vanities.
The outdoor space is just as impressive, offering:
A spacious outdoor entertaining area and front porch that is perfect for sitting back relaxing over a coffee or local wine overlooking the valley and the street lined beautiful silver berch trees and the semi-circular driveway with side gate access, offers terrific access for caravans, boats or trailers.
A large lock-up shed/workshop, double car carport, hay shed, garden shed, and chicken coop + cattle yards
Town water, water tank near dam, a well, and mains-powered electric fencing and hard-wired security system, so you can lock up and leave with peace of mind.
The recently renovated studio adds versatility, whether as a teenager's retreat, 4th bedroom, guest accommodation, or hobby space.
Located in the heart of a food and wine lover's paradise, including the nearby Gapsted Winery, this property is ideal for those who enjoy fishing, kayaking, cycling, or simply immersing themselves in the beauty of the North East. Whether you're seeking a lifestyle change, hobby farm, or private retreat, 40 Lower River Road East offers it all.
Don't miss this rare opportunity to secure a property that truly has it all. Contact Connor from Tait Real Estate on 0493 674 245 for a private inspection or more information!
*Distances approximate and gathered from Google maps.
*Variable seasonal influences and may be subject to change
Property History for 40 Lower River Rd E, Gapsted, VIC 3737
- 18 Mar 2025Sold for $900,000
- 03 Dec 2024Listed for Sale $995,000
- 19 Aug 2020Sold for $470,000
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0About Gapsted 3737
The size of Gapsted is approximately 52.4 square kilometres. It has 1 park covering nearly 9.0% of total area. The population of Gapsted in 2016 was 173 people. By 2021 the population was 156 showing a population decline of 9.8% in the area during that time. The predominant age group in Gapsted is 60-69 years. Households in Gapsted are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Gapsted work in a professional occupation.In 2021, 78.30% of the homes in Gapsted were owner-occupied compared with 71.20% in 2016.
Gapsted has 92 properties. Over the last 5 years, Houses in Gapsted have seen a 89.49% increase in median value. As at 31 December 2025:
- The median value for Houses in Gapsted is $977,567 while the median value for Units is $720,038.
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