Minutes to the centre of Forrest on the Melbourne side, right next to the Otway Forest Park, this wonderful property has 350 metres of river frontage and an abundant natural spring on 4.7 hectares (11.5 acres) of picturesque river valley. The land is mostly cleared, flat and suitable for many horticultural or agricultural practices, equestrian pursuits or a hobby farm. It is Zoned ‘Farm Zone’. Kangaroos, wallabies, koalas and echidnas are regular visitors. Also included is about 10 acres leased from the Vic Gov. DELWP with an extra 325 metres of river frontage, at an ongoing annual fee of $188. (One hundred & eighty eight dollars) The property would make a great Airbnb for bike riders as it is very close to the old rail trail that leads into town and Forrest’s northern bike trails. There is a cosy 3 bedroom, low maintenance home with double carport, pergola and large deck facing north and east for entertaining with panoramic views across the property and Barwon valley. The main entry into the home is from the deck to the light and airy lounge with woodburner and hardwood floors. The open dining and kitchen has a Smeg cooker with gas range and electric oven and walk-in pantry. The carpeted hallway leads from the living area with a laundry and separate toilet to the right and a side entry from the carport. The main bathroom follows with a separate shower, bath and vanity. There are three double carpeted bedrooms with built in robes and views over the property and garden. Adjacent to the home is a pretty garden pond, bordered by stone and gardens with dry stone terracing including an orchard with a variety of fruit trees including persimmon, pomegranate, grapefruit, mandarin, peach, lemons - and best black mulberry tree I have seen. Next to this are nine irrigated, cypress timber, raised vegetable and herb garden beds alongside a concrete floored storage lock up shed or potential workshop and a massive hayshed or implement shed. A large water tank fills off the hayshed together with a smaller tank off the storage shed together with two house tanks, making an overall 55,000 litre capacity for the property. With the property adjoining the tranquillity of the Otway Forest Park and the horse riding, bike riding and walking trails that it offers, there are boundless opportunities to enjoy recreation pursuits. The property is just metres off the bitumen sealed road and approx. 1km to the Forrest football and cricket oval, and Forrest Horse Trail Riding Club. A great opportunity to live in a magnificent part of the world less than 2 hours from Melbourne!