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16 Bankers Rise

Mountain Bay VIC 3723

  • 5 Bed
  • 3 Bath
  • 4 Toilet
  • 7 Parks
$2,850,000 - $2,995,000
Enquire now

A Luxury Retreat Above Lake Eildon

Perfectly positioned high above the shimmering waters of Lake Eildon, this exceptional residence offers an unrivalled blend of refined interiors, world class outdoor living, and breathtaking views. Designed to enrich every moment from quiet mornings to large‑scale entertaining-this home stands as one of Mountain Bay's most remarkable lifestyle offerings.

Inside, the home showcases craftsmanship and design of the highest calibre. The primary suite is a sanctuary of calm, framed by expansive windows that capture panoramic lake and bushland views. Soft sheers, seamless access to the main deck and beautifully curated finishes elevate the space into a true retreat.

The ensuite takes luxury to the next level, featuring a freestanding bath illuminated by a sparkling chandelier, creating a showstopping focal point. Thoughtful natural stone finishes, a generous walk in shower and full‑height tiling complete this serene, spa like haven.

The kitchen is both sophisticated and functional, boasting crisp white cabinetry, premium appliances, stone benchtops and shaker styling complemented by warm herringbone engineered oak flooring. Pendant lighting highlights the large island bench, creating the perfect centrepiece for casual meals and conversation. Adjoining the kitchen, the grand dining room complete with its vaulted ceiling, statement chandelier and wrap around glazing provides an exquisite setting for long lunches and special gatherings.

In the living area, a stunning marble mantelpiece crowns the fireplace, adding depth and classic opulence. Large windows and glass doors welcome natural light and sensational views, creating a seamless flow between indoor comfort and the outdoor landscape.

Beyond the interior lies one of the most impressive outdoor entertaining precincts imaginable. A sparkling pool sits elegantly within glass fencing, ensuring every moment can be enjoyed alongside uninterrupted views of the mountains and the lake. Expansive decking, multiple lounging zones and a dedicated dining terrace offer endless space for relaxation and hosting guests.

A true centrepiece of this remarkable residence is the luxury appointed entertaining pavilion, designed to deliver an indulgent, resort style experience. This impressive space features a full kitchen with premium appliances, bespoke cabinetry and a striking bar perfect for cocktail evenings or effortless poolside dining. A stylish bathroom with an elegant shower adds seamless convenience for guests enjoying the outdoor amenities.

Anchoring the alfresco zone is the handcrafted local open‑fire smoker, a sculptural and highly functional creation that elevates outdoor cooking into a gourmet event. Whether slow cooking a feast or gathering around its warmth, this beautifully made piece adds ambience and theatre to the space, making it an unforgettable setting for year round entertaining.

Property Highlights:
- Elevated position with panoramic views over Lake Eildon
- Exceptional blend of luxury interiors and world class outdoor living
- Primary suite with panoramic lake and bushland outlooks and seamless deck access
- Opulent ensuite featuring freestanding bath, chandelier, walk in shower & stone finishes
- Stunning kitchen with premium appliances, stone benchtops, shaker cabinetry & herringbone engineered oak flooring
- Grand dining room with vaulted ceiling, statement chandelier and wrap around glazing
- Elegant living area featuring a marble fireplace mantel and expansive windows
- Sparkling pool with glass fencing showcasing breathtaking lake and mountain views
- Expansive decking with multiple lounging and entertaining zones
- Fully equipped outdoor entertaining area with full kitchen and bathroom with shower
- Handcrafted open fire/smoker perfect for gourmet alfresco dining
- Incredible indoor/outdoor connection designed for all‑season enjoyment
- Ideal for large‑scale entertaining, sunset drinks or peaceful lakeside living
- A rare opportunity to secure one of Mountain Bay's most impressive lifestyle properties

Whether hosting sunset drinks, enjoying morning coffee as the hills shift with the light, or spending long summer days by the pool, this home offers a lakeside lifestyle that is both luxurious and deeply peaceful.

From the refined detailing inside to the sweeping views and extraordinary outdoor spaces, every inch of this property has been crafted for comfort, beauty and unforgettable living. Whether as a permanent residence, high end retreat or truly special holiday escape, this home represents a once in a lifetime opportunity to secure one of the region's most impressive properties.

Statement of Information

Features

General Features

  • Property Type: House
  • Bedrooms: 5
  • Bathrooms: 3
  • Building Size: 716sqm
  • Land Size: 5,039sqm
  • Living Areas: 2

Indoor Features

  • Toilets: 4
  • Built In Wardrobe
  • Ensuite Bathroom

Outdoor Features

  • Garage Spaces: 3
  • Open Car Spaces: 4
  • Remote Garage
  • Secure Parking
  • Outdoor Entertainment
  • Shed
  • Fully Fenced

Other Features

  • Area Views
  • Bush Retreat
  • Prestige Homes
  • Security System
  • Water Views

Can I afford 16 Bankers Rise?

Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.

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Enquire about 16 Bankers Rise, Mountain Bay, VIC, 3723

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