939 Melba Hwy, Yarra Glen is a 12 bedroom, 8 bathroom House with 4 parking spaces. The property has a land size of 2635m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 12 bedroom House sold in Yarra Glen in the last 12 months.
Inspections exclusively by private appointment.
Melba Lodge is an iconic landmark in the Yarra Valley's landscape. Offering unrivalled space and luxurious living in a commanding location, not only does it sleep at least 20 individuals across a 2613 sqm site, the home has been tastefully upgraded to accommodate multiple families in need of blended or multi-generational living.
The current owner has enjoyed living at Melba Lodge as a private residence for a decade. The property is residential zoned but fit-for-purpose for holiday accommodation at scale, exposing you to a very hot holiday market in Victoria's premier wedding and wine region.
The homestead has been James Hardie clad, beautifully appointed, and enjoys views of Mount Dandenong.
The floor plan brings together the following zones:
+ Ground floor guest wing with master suite and 4 bedrooms
+ Upstairs guest rooms with additional master suite and 3 bedrooms
+ Conference area with dining and bar facilities
+ Kitchen 6 m x 4 m (approx.) with adjacent butler's pantry
+ Formal lounge room with cathedral ceilings
+ Self-contained apartment
Both master suites are king bedroom scale and enjoy ensuite bathrooms with all abilities friendly roll-in showers and walk-in robes. The single bedroom apartment with ensuite provides fully serviced kitchen and laundry in addition to a lounge room.
Externally the property boasts a 70 sqm covered outdoor entertaining deck, sympathetically designed to match the home's heritage-inspired architecture. There is also remote-controlled 8 m x 12 m concreted shed / workshop with power, ideal for wedding conversions or functions (STCA).
Premier features include:
+ Hardwood floorboards
+ Gas log heating
+ Reverse Cycle Split-System Air Conditioning
+ Built-in wardrobes to every bedroom
+ Ducted Heating and Cooling
+ 70 sqm covered entertainment deck
+ Outdoor entertainment area
+ Fully fenced perimeter
+ Remote controlled gates
+ 8 m x 12 m concreted shed with power
+ 3 phase power
+ Rinnai enviroflo electric heat pump hot water
Experience the magic this thoroughly unique property has to share. Exclusively inspecting by private appointment. Text 939MELBA to agent Rob Verhagen 0448 820 022.
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 1,477 properties. Over the last 5 years, Houses in Yarra Glen have seen a 8.75% increase in median value, while Units have seen a 15.40% increase. As at 31 July 2026:
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