By LACHLAN CASTRAN

MOUNT Hotham’s property market has reached new heights this winter, with two standout transactions at Skyline Terrace and Valley View Court setting the benchmark for luxury alpine real estate in 2024.

2b Skyline Terrace, Mount Hotham: A masterpiece of contemporary alpine design

The crown jewel of this winter’s market is undoubtedly 2b Skyline Terrace, Hotham.

Designed by the renowned Melbourne-based Mim Design, this property epitomises the essence of alpine luxury.

Initially listed in July 2024 for $2,850,000, the chalet was swiftly sold in just 24 days for an undisclosed amount - a testament to its irresistible allure.

‘Revelstoke,’ as it’s known, transcends the typical chalet experience, offering an exclusive lifestyle in one of Australia’s most prestigious freehold precincts.

This architectural masterpiece seamlessly blends style with functionality across three expansive levels, making it one of the finest properties ever to grace the alpine market. The ground floor boasts practical yet elegant spaces, including the main entry, a drying room, a fifth bedroom and a study.

On the mid-level, four beautifully appointed bedrooms provide unique Skyline Terrace and Hotham Village views.

The two village-facing bedrooms are en-suited and versatile enough to serve as dual master suites.

‘Revelstoke’ stands alone in its class, setting a new standard for high-country luxury.

4 Valley View Court, Mount Hotham: A rare opportunity in Hotham’s elite address

Adding to the excitement, 4 Valley View Court, Hotham, sold in just one day for $622,000 in August 2024.

This sale marks the final opportunity to own a front-row, freehold allotment in one of Australia’s most sought-after alpine locales.

Positioned among some of Hotham’s most luxurious chalets, this vacant allotment offers a rare chance to either construct the ultimate ski retreat (subject to council approval) or secure a valuable landbank for future development.

The property’s prime drive-in location ensures effortless access to Hotham’s celebrated ski terrain and village amenities, all while offering panoramic mountain views that are truly unparalleled.

These significant sales highlight the enduring appeal of Hotham’s prestigious freehold subdivisions, which remain among the highest in Australia.

As luxury chalets and vacant land become increasingly scarce, properties like these continue to define the standard for elite alpine living.

At Castran, we are actively dealing with numerous buyers in the prestige market, many of whom are transacting ‘off-market’.

This sustained interest underscores the strength of the high-country property sector, and we are excited to see how the market evolves as the season progresses.

As we celebrate 40 years in the mountains, Castran remains the leading agency in the Victorian Alps.

We invite you to visit our Dinner Plain office or drop by an on-mountain open house to experience the Castran difference today.