138 Mountain Bay Dr, Mountain Bay is a 3 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 7ac. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Mountain Bay in the last 12 months.
Tucked away in a serene, "Three Bears in the Woods" bushland setting, this private retreat perfectly balances a peaceful country cottage lifestyle with the ultimate storage setup. Set on a sprawling 7.1 acres of native Australian bushland, the property offers an incredible lifestyle escape just moments from the shores of Lake Eildon and an easy 15 minute drive into Mansfield.
The immaculate 3-bedroom, 2-bathroom home is bright, inviting, and ready to enjoy from day one, featuring new carpet and clever storage solutions throughout. Designed for comfortable year-round living, it offers ducted gas heating, evaporative cooling, and the ambience of a wood-burning fireplace, creating a warm and welcoming atmosphere in every season. At its heart, the open-plan kitchen and living space features a social breakfast bar and flows effortlessly to the undercover veranda, where you can unwind with a morning coffee, enjoy the sounds of native birdlife, and immerse yourself in the serenity of the surrounding bushland.
The undisputed crown jewel for hobbyists and adventurers is the massive, secure 6 bay shed, featuring remote control high clearance roller doors alongside a deep double carport at the main house. It provides unparalleled, lock and leave storage for boats, jet skis, caravans, or a serious workshop. Whether you are seeking a permanent tree change or the ultimate High Country holiday base, this private woodland haven is just right.
**Disclaimer**
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
The size of Mountain Bay is approximately 9.6 square kilometres. There is 1 park, covering nearly 2.4% of the total area. The population of Mountain Bay in 2016 was 43 people. By 2021 the population was 54 showing a population growth of 25.6% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation.In 2021, 86.20% of the homes in Mountain Bay were owner-occupied compared with 135.70% in 2016.
Mountain Bay has 78 properties. Over the last 5 years, Houses in Mountain Bay have seen a 28.55% increase in median value, while Units have seen a 23.90% increase. As at 30 June 2026:
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