389 Shands Road, Main Ridge, VIC 3928 | Property Value & History | OnTheHouse
 
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389 Shands Road
Main Ridge VIC 3928

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 328m2
Land area: 101621m2
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Property Details for 389 Shands Rd, Main Ridge

Building Type
Rural
Year Built
2009
Floor Size
328m2
Land Size
101621m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS339909

Last Listing description (November 2023)

Inspections available by appointment.

This is an exceptionally impressive Peninsula holding, which has struck just the right balance between the best of town and country life.

As the passion project and home of noted designer Gil Griffiths of Studio Griffiths, it is supremely well put together and presented spanning some 11 hectares in the blue-chip environs of Shands Road. The entire property is pristine - with immaculate pastures and fencing and pastures, expansive paving, magnificent landscaping, a hip hotel style pool and a picture perfect vineyard producing its own boutique drop.

The main homestead has been curated in the rustically chic style of a modern English barn, with spacious, clean and sophisticated interiors. There are three bedrooms, plus a large study and a further expansive studio and gym which could serve as additional accommodation. Further accommodation can also be sought via the dream pool pavilion, which currently serves as the picturesque headquarters for Griffiths' design practice - though is an equally enticing guest house, complete with wine cellar and wellness amenities.

Just over an hour from Melbourne, and with the lovely hamlets of Main Ridge, Red Hill and Flinders near by, this property presents as an effortless arrival into the lifestyle space with little more to be done than settle in and live the dream.

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Property History for 389 Shands Rd, Main Ridge, VIC 3928

A timeline of how this property has performed in the market
Last Sold
$11,250,000
06 Nov 2023
  • 06 Nov 2023
    Sold for $11,250,000
  • 03 Aug 2023
    Listed for Sale Expressions of Interest
  • 16 Dec 2013
    Sold for $4,088,000
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About Main Ridge 3928

The size of Main Ridge is approximately 27.2 square kilometres. It has 4 parks covering nearly 11.2% of total area. The population of Main Ridge in 2016 was 416 people. By 2021 the population was 453 showing a population growth of 8.9% in the area during that time. The predominant age group in Main Ridge is 60-69 years. Households in Main Ridge are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Main Ridge work in a professional occupation.In 2021, 82.20% of the homes in Main Ridge were owner-occupied compared with 84.10% in 2016.

Main Ridge has 353 properties. Over the last 5 years, Houses in Main Ridge have seen a -32.34% decrease in median value. As at 31 March 2026:

  • The median value for Houses in Main Ridge is $2,219,537.
There are currently 1 property listed for sale, and no properties listed for rent in Main ridge on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Main ridge.

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