Listings in Merricks North are rare as hen’s teeth.
Which makes a boutique vineyard with organic certification, resort-style home and huge barn likely to sell well at its November 25 auction.
The 26 Kentucky Rd property is in a sought-after location close to beaches and shops and has a price guide of $2.3-$2.5 million, Kay & Burton Flinders director Prue McLaughlin said.
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More than half the property is set aside for the vineyard.
The inviting pool beside the main house.
More than half the 5.37ha property produces grapes to make a variety of wines, including pinot noir, pinot gris and chardonnay, at the 25-year-old vineyard.
“The property on a dirt road is peaceful and private with a certified organic vineyard and has been used as a holiday rental,” Ms McLaughlin said.
“The vineyard is looked after and there is a long waiting list to get into the suburb.”
The vineyard, which has produced several award-winning wines, was planted 25 years ago and also offers an artesian bore, rainwater storage, machinery and storage sheds.
The barn offers multiple uses as a business or for entertaining.
The dining area with views in the three-bedroom home.
Apart from picturesque grounds with landscaped gardens, sculpted hedges, magnificent trees, lawns and attractive plantings, the main three-bedroom house has spacious interiors, a large deck and an infinity edge pool with spa.
The outbuildings include a large barn which could be turned into a winery, Ms McLaughlin said. It presently has a kitchen, bathroom and two bedrooms, plus sitting room and a terrace, and serves as a multipurpose space for functions and events.
The home last sold in 2004 for $1.1 million, according to sale records.
A country-style dirt road leads to the property.
Ms McLaughlin said a recent off-market sale in the suburb gave that vendor $4 million.
CoreLogic data shows only four house sales in the lightly-populated suburb of just several hundred residents in the year to this August. The median price was $950,000.
The suburb had only three listings on realestate.com.au as of November 12.
A sale in October also set a new price record, with 111 Bittern-Dromana Rd fetching around the $5 million mark prior to auction.