Byron Bay hinterland estate listed for $7.99m comes with three homes

Buy this landmark estate in a postcard-worthy NSW hamlet and take your pick of not one, but three, enviable homes.

The triple treat at 126 Coolamon Scenic Drive, Ewingsdale, inland from the always-popular Byron Bay, is listed for $7.99 million.

Behind a security gate, amid tropical gardens and high on a hill, the three-for-one property, named Bayview Estate, includes a four-bedroom main home, a studio-style lodge, and a single-bedroom cottage.

The property has intrigued developers and families who are seeking a multigenerational compound, says agent Marlena Grives of Ray White Malan & Co Palm Beach.

“The possibilities really are endless,” she says. “One option, as a luxury, refined retreat, has been a consideration for a lot of buyers who’ve come through.

“Most likely its best use would be as a legacy family holding, like a big family compound, which I’m finding is becoming more and more popular in terms of requests from large families.

“There have been inquiries from adult siblings who are looking to move to a property together with their kids and enjoy a lifestyle across the whole block, which is fantastic. 

“The other predominant interest has been from developers looking to use the incredible position that it holds for a luxury architectural development.”

Builders from Neate Projects, based in Kiama, have expressed a desire to work with the buyer on a new design, should they take that path.

All three dwellings are orientated to take in a world-class water and hinterland view. Perhaps the best position is from the palm-fringed cabana beside the magnesium pool. The new owner can swim for fitness, thanks to turbine resistance jets, or chill out on the infinity edge.

“The pool has all the bells and whistles – it is probably the most decked-out pool I’ve ever come across,” Grives says.

A clearing on the property has been used for landing helicopters, she says, but the space could also be used for other purposes.

“It’s affectionately called the ‘helipad’, and has been utilised as such, and it’s a hell of a way to enter Byron and the property,” Grives says. “However, you could turn it into a cricket pitch.

“There’s also an underground water bore, so, should you wish, you could also turn that into a … lake. There is so much potential.”

The main house is older in style, which is why developers have considered replacing it with a new residence, Grives says.

$7,990,000

126 Coolamon Scenic Drive, Ewingsdale NSW 2481

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A huge verandah, looking out to the ocean and rolling greenery, hugs the living, dining and kitchen area and the main-bedroom suite. 

The Lodge has a multipurpose lower level that could be used as a games room, a gym, or storage for a car collection.

The Cottage, with charming French doors to a porch, could be a caretaker’s base, or provide rental income.

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