55 McDougal Road Neerim South VIC 3831
For Sale $2,000,000 - $2,200,000
Chestnut Hill Homestead
Set on five generous acres in Neerim South (approx.), this exceptional landholding unites a substantial five-bedroom homestead with three independent cottages, delivering a rare blend of lifestyle depth and established income. A north-facing aspect captures mountain outlooks across surrounding farmland, with the town centre just one kilometre away.
The homestead is defined by scale, presence and material authenticity. Bluestone and handmade mudbrick walls are supported by century-old redgum and ironbark bridge timbers, while soaring ceilings bring space and light through the main living zones. Structure and story are seamlessly intertwined.
Built over eight years, the home incorporates more than 3,500 handmade mudbricks and a roof framework formed from 150-year-old Oregon beams originally shipped from Canada and once used within Melbourne’s Carlton & United Brewery. Heritage detail continues inside through bespoke leadlight inspired by Warragul’s historic station, tessellated tiles reclaimed from the former town of Yallourn, a bluestone and redbrick fireplace sourced from Williamstown, and a Victorian door surround from Ballarat. An engraved Oregon beam crowns the bay window as a signature of its original bridge maker.
The kitchen anchors the layout, with family and meals to one side and lounge, dining and sitting rooms to the other. Bedrooms are positioned at opposite ends of the home, led by an ensuited main suite, with two further robed bedrooms supported by the primary twin-vanity bathroom, powder room and laundry, while a spiral staircase rises to a loft-style fifth bedroom above.
Outdoor living unfolds across wide wraparound verandahs to a sheltered alfresco beside the outdoor spa, deck and bluestone wine cellar, the latter fitted with century-old butcher’s cool store doors. A wood-fired pizza oven with 100-year-old doors invites a natural gathering point, complemented by a fire-pit and playground within the house yard.
Across the broader landscape, the driveway curves past a turning circle and fountain to the 4 high bay shed perfect for storing the caravan and horsefloat with a garden pond, wood storage, 1-megalitre dam and separate billabong positioned beyond. Multiple paddocks and two cleared areas provide scope for an equestrian arena and an additional shed if desired (STCA).
The American barn with mezzanine incorporates two self-contained cottages, while the freestanding Mudbrick Cottage adds extra two-bedroom accommodation. Advance bookings are already secured through to April 2026, highlighting strong and consistent demand.
Offered to the market for the very first time, this is a property of genuine distinction — where material history, residential scale and income versatility combine within one tightly held setting, the kind that is seldom released.
Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact Amy March on 0459 361 829.
Features:
• Set on five generous acres in Neerim South (approx.).
• Substantial five-bedroom homestead.
• Three independent cottages for short stay or long stay accommodation.
• Delivering a rare blend of lifestyle depth and established income.
• North-facing aspect captures country and mountain outlooks.
• Town centre is just one kilometre away.
• Main residence defined by scale, presence and material authenticity.
• Bluestone and handmade mudbrick walls.
• Century-old redgum and ironbark bridge timbers.
• Soaring ceilings bringing space and light through the main living zones.
• Roof framework formed from 150-year-old Canadian Oregon beams.
• Bespoke lead lighting inspired by Warragul’s historic station.
• Tessellated tiling reclaimed from the former town of Yallourn.
• Bluestone and redbrick fireplace sourced from Williamstown.
• Victorian door surround from Ballarat.
• Quality stone-topped kitchen anchors the layout.
• Casual family and meals space.
• Formal lounge, dining and sitting room.
• Ensuited main bedroom with walk-through robe.
• Primary twin-vanity bathroom, powder room and laundry.
• Spiral staircase rising to the loft-style fifth bedroom above.
• Outdoor living unfolds across wide wraparound verandahs.
• Sheltered alfresco beside the outdoor spa, deck and bluestone wine cellar.
• Wood-fired pizza oven with 100-year-old doors.
• Fire-pit and playground within the house yard.
• Driveway curves past a turning circle and fountain to the 4 high hay shed.
• Garden pond, wood storage, 1-megalitre dam and separate billabong.
• Multiple paddocks for horses or livestock.
• Two cleared areas provide scope for an equestrian arena and/or shed (STCA).
• American barn with mezzanine incorporates two self-contained cottages.
• Freestanding Mudbrick Cottage offering two-bedroom accommodation.
• Advance bookings are already secured through to April 2026.
• Offered to the market for the very first time.
• A property of genuine distinction in a tightly-held setting.
• Where material history, expansive proportions and income versatility combine.
• Walking distance to local schools, essential services (local doctor and pharmacy) and shops, making it a well-serviced, family-friendly area.
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Amy MarchHomes & Acreage
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Grant PerryHomes & Acreage































