2 Diggings Road, Tawonga VIC 3697

Large alpine block | architect-designed split-level | elevated privacy and views | quiet cul-de-sac This property offers a rare combination of substantial land size, generous internal area, and architectural design in a tightly held alpine location. The elevated position on a quiet cul-de-sac with bushland surrounds provides strong privacy and outlook, which are consistently sought after by buyers seeking either a permanent family residence or a high-end holiday retreat. The five-bedroom, three-bathroom configuration with three car spaces positions the house as suitable for larger families or those requiring guest accommodation, while the split-level design maximises natural light and connection to the landscape. For a buyer, the key competitive edge is the scarcity of such a configuration in Tawonga, where comparable properties rarely offer this combination of land, building size, and design quality. The primary risk is that the property is not currently on the market, meaning any approach would require negotiation with an owner not actively selling, which may limit price discovery and timeline flexibility. The estimated value of approximately $1,231,000 represents a significant uplift from the last confirmed sale of $700,000 in 2020, and while this may reflect genuine market appreciation or improvements, buyers should verify the basis for this estimate through independent appraisal. The opportunity lies in the property’s potential as a dual-purpose holding—serving as a private family home with strong lifestyle appeal while also offering rental income potential in a market where large alpine holiday houses are in demand. Buyers should also consider that properties of this scale in elevated bushland settings may carry higher maintenance and insurance costs, particularly related to fire risk and access.