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86 Mt Eliza Way, Mount Eliza, VIC

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~ Golden Mile Prestige With Space, Privacy & Potential ~ 3 Allfrey Court, Mount Eliza

$2,295,000 - $2,500,000

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Offering privilege and privacy on the coveted fringe of Mount Eliza’s Golden Mile, this substantial 1960s estate presents a rare and highly versatile offering that is equally compelling as a refined family residence, an inspired renovation project or a premium subdivision opportunity (STCA).

A pleasant walk to enjoy the village spoils, Toorak College and Canadian Bay Beach, this home echoes the enduring prestige of Mount Eliza’s early years, defined by grand proportions, graceful character and a highly adaptable three-level design suited to contemporary family living or multi-generational flexibility.

Behind a picket fence, automated gate and charming gardens of ornamental pear, white rose and Japanese box, a welcoming foyer introduces the home’s sense of scale and warmth. The main level hosts four bedrooms and two bathrooms, including a privately zoned primary suite with ensuite.

The upper level offers grand living and dining area with a stone fireplace and full height windows with a tranquil treetop outlook. An adjoining kitchen with meals and family room enjoys the same beautiful outlook that extends over a leafy valley, including an original kitchen with gas cooktop, Miele dishwasher and parquetry floors.

The lower level holds a rumpus room that can form part of a self-contained domain ideal for extended family or guest accommodation complete with a kitchenette, bathroom, fifth bedroom with its own garden door and a study/home office.

A sunny terrace overlooks extensive grounds rich with lifestyle appeal including vegetable garden with numerous raised veggie beds and an enclosure with chicken coop surrounded by lavender, rosemary and snow pear trees that produce spectacular white blossom.

Across sweeping lawns, a solar heated inground pool set in elegant travertine surrounds delivers a touch of summer-time luxury with space for poolside entertaining, while an impressive freestanding workshop has been beautifully customised, including space for a gym.

With an extra-wide driveway and abundant off-street parking accommodating a boat, caravan and multiple vehicles, the property’s impressive scale and flexible configuration present outstanding scope for subdivision (STCA), including the opportunity to enhance and renovate the existing residence while creating a second, brand-new home alongside the pool.

  • Address: 3 Allfrey Court, Mount Eliza
  • Location:
  • Postcode: 3930
  • Status: For Sale
  • Property Type:
  • Inspection Date: 25 Apr 2026
  • Inspection Start Time: 1:30pm
  • Inspection Finish Time: 2:00pm
    • Bedrooms:5
    • Bathrooms:3
    • Garage:2
    • Land Size:2872 sqm
    • Floor Area: 31 squares
    Agent for this listing
    Michelle_094

    Michelle Skoglund

    OIEC | Licensed Estate Agent

    Mobile: 0416 119 444
    Office: (03) 9775 2222
    Fax:
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