21 Pin Oak Drive, Wangaratta VIC 3677

Large family residence | expansive 3040m² land | multiple living & car spaces | pool & solar | bushfire overlay present. This property presents a compelling proposition for a large or multi-generational family seeking substantial space and established amenities in a regional centre. Its configuration—four bedrooms, three bathrooms, and three living areas across a large 712m² building—is rare in the market and offers immediate functional utility. The significant land holding and extensive covered and open car accommodation provide a distinct edge for buyers prioritizing privacy and practicality over urban density. It is best suited to an owner-occupier who will fully utilize its scale and can manage the grounds. The primary decision point is the substantial price premium over both its estimated value and a recent comparable sale, demanding scrutiny. The presence of a bushfire overlay necessitates specific insurance and potential mitigation costs, impacting holding economics. For a buyer, the commercial logic rests on the irreplaceable land component and the confirmed lack of flood or heritage constraints, which protects future flexibility. Consider this a long-term family holding, not a short-term investment, and engage a full valuation and bushfire risk assessment to validate the asking price against its inherent risks and opportunities. Nearby, 16 Pin Oak Drive sold for $1,150,000 in November 2023. That property sits on a slightly larger block but features a standard four-bedroom house, lacking the additional bathrooms, living areas, and extensive outbuildings of the subject property. This comparison underscores the value being asked for the superior scale and improvements of 21 Pin Oak Drive, framing its premium as a payment for significantly enhanced accommodation.