1048 Skyline Rd, Yarra Glen is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 10848m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom House sold in Yarra Glen in the last 12 months.
Seize this rare opportunity to own an acreage property with breathtaking views of the Yarra Valley. Situated on the highest point of Skyline Road, this charming Western Red Cedar home, filled with warmth and character awaits a viewing. Enjoy complete privacy and tranquillity, just minutes from the vibrant Yarra Glen township and the region's top tourist attractions.
As you enter through the remote-controlled gated entrance, you'll be welcomed by beautifully maintained gardens that will captivate even the most discerning horticulturist. This idyllic setting, teeming with native wildlife including kookaburras, and other small animals, creates the perfect backdrop for a quintessential Australian bush retreat. The expansive entertainment deck offers sweeping 180 degree views across the North-East of the Yarra Valley.
The home features 2 bedrooms plus a study/home office/potential third bedroom, a dual-access main bathroom, an open-plan kitchen, gas cooking, dishwasher, a sunken formal dining and a spacious laundry. Additional highlights include ambient wood heating, reverse cycle split systems, and built-in robes.
A standout feature of this property is the charming one-bedroom studio cottage. With its open bedroom, semi-en suite, and private setting within the gardens and decking, this space is perfect for use as an Airbnb rental, offering a lucrative income potential. Guests will be drawn to the tranquil atmosphere and picturesque surroundings, making it an ideal choice for those seeking a peaceful getaway in the Yarra Valley.
Wander through the gardens to discover an orchard with an abundance of fruit trees, and additional property features include a large 11.5m x 7m shed with a concrete base, power, and facilities. Currently set as a 1 bedroom studio complete with a cosy living space and bathroom, the perfect second airbnb/teenage retreat.
Furthermore, the property encompasses another 5.5m x 6m double garage and adjacent double carport.
Deeper exploration reveals a wood shed, chicken coop, and vegetable patch, providing everything you need for a sustainable permaculture lifestyle. The property is supported by generous water storage and is fully fenced with accessible pathways throughout.
Currently operated as a successful Airbnb, this property offers a wide range of opportunities, this property is an ideal choice for those looking to establish both a home and business in the Yarra Valley, or simply to enjoy a serene weekend escape from the hustle and bustle. Don't miss the chance to experience all that this exceptional property has to offer.
The size of Yarra Glen is approximately 35.1 square kilometres. There are 7 parks, covering nearly 1.9% of the total area. The population of Yarra Glen in 2016 was 2869 people. By 2021 the population was 3012 showing a population growth of 5.0% in the area during that time. The predominant age group in Yarra Glen is 50-59 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation.In 2021, 85.70% of the homes in Yarra Glen were owner-occupied compared with 82.40% in 2016.
Yarra Glen has 1,476 properties. Over the last 5 years, Houses in Yarra Glen have seen a 13.71% increase in median value, while Units have seen a 12.91% increase. As at 31 May 2026:
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