Presenting a rare opportunity after more than half a century of ownership, this exceptional parcel of land spans approximately 4837 sqm. Positioned on the northern edge of Healesville township, its vast potential for development awaits council approval for housing. Steeped in history, the charming home was built in the early 1920s and exudes a welcoming atmosphere. Boasting three bedrooms plus a study, it features wood heating and three open fireplaces for cosy warmth. The stylish kitchen, equipped with modern appliances, adjoins a family room, while a separate formal lounge and dining room offer spaces for entertaining. A spacious front verandah overlooks an inviting inground pool or fish pond, with expansive views to the north encompassing Mount St Leonard's tower and the surrounding mountains. Fondly known to locals as Dougie's backyard, the property includes an impressive machinery shed workshop measuring 7m x 11m plus 9m x 9m with mezzanine, along with an additional 6m x 10m workshop and storage shed. Complete with all essential services, including three-phase power, "Lordello House" represents a truly unique opportunity to secure a remarkable property in the heart of the Yarra Valley, Healesville.