440 Nepean HighwayMount Martha VIC 3934
Property Details for 440 Nepean Hwy, Mount Martha
Last Listing description (August 2025)
SPRAWLING ACREAGE IN A RARE AND PRIZED PENINSULA SETTING
Encompassing 123 acres/49.61ha (approx) of productive land on the edge of The Briars National Park, where award-winning vineyards synergise with surrounding bushland and neighbouring acreage, this sprawling property flourishes with opportunity, delivering a rare and versatile landholding just 5 minutes from every town convenience.
A farm characterised by vast expanses of undulating hills, a thriving olive grove and a two-bedroom cottage, it is ideally suited to land lease with opportunities for grazing, equine or cropping pursuits. Established treelines complement the mild elevations of its pasture dotted around the paddocks, lending to windbreaks and a picturesque, serene way of life. The charming, north-facing two-bedroom dwelling offers comfort with timber-lined interiors, open-plan living with exceptional views, a wood fire heater, and an original bathroom. Perfect for now, it also hints at the potential to create a dream country residence to take in views to the City, the bay and the Dandenongs on a clear day, all in the heart of your very own private paradise (STCA).
Whether envisioning a robust agricultural venture or a secluded retreat surrounded by nature's charm, this exquisite property is a haven poised for transformation. With the capability to undertake viticulture, livestock farming, or to simply revel in the land's natural allure, it represents a truly remarkable lifestyle, opposite Balcombe Grammar School and just 90 minutes from Melbourne and 5 minutes from Mount Martha Village and Mornington Main Street shopping, dining and beachside cafe culture.
Property specifications
- 123 acres/49.61ha*
- Extremely rare landholding on the Mornington Peninsula
- Borders The Briars National Park
- Currently used for livestock
- Two bedroom cottage affords ease and comfort
- Potential to build a more substantial residence (STCA)
- Three dams, hay shed, established olive grove
- 6.4km to Main Street Mornington
- 3.2km to the beach
- 4.2km to Mount Martha Village (picturesque walk via the Estuary)
- Opposite Balcombe Grammar School
- Views to the City, the bay and the Dandenongs on a clear day
*Specifications are indicative only
Property History for 440 Nepean Hwy, Mount Martha, VIC 3934
- 02 Apr 2024Sold for $10,800,000
- 26 Feb 2024Listed for Sale $10,000,000-$11,000,000
- 24 Aug 2007Listed for Sale $4,200,000.
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0About Mount Martha 3934
The size of Mount Martha is approximately 30.3 square kilometres. There are 43 parks, covering nearly 11.5% of the total area. The population of Mount Martha in 2016 was 18548 people. By 2021 the population was 19846 showing a population growth of 7.0% in the area during that time. The predominant age group in Mount Martha is 10-19 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation.In 2021, 84.20% of the homes in Mount Martha were owner-occupied compared with 82.40% in 2016.
Mount Martha has 9,677 properties. Over the last 5 years, Houses in Mount Martha have seen a -3.49% decrease in median value, while Units have seen a 7.21% increase. As at 30 June 2026:
- The median value for Houses in Mount Martha is $1,399,496 while the median value for Units is $844,740.
- Houses have a median rent of $895 while Units have a median rent of $650.
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