‘Eulacre’, halfway between Yass and Goulburn, promises a federation-style farmhouse that’s true to its country homestead roots.

“It is the quintessential Australian yarn, a young man backs a horse at the races, wins big and uses his winnings to build the finest house in all the district for his beautiful wife,” says George Southwell, Ray White real estate and stock and station agent.

“However, this romantic story is not just folklore, but the true history behind ‘Eulacre’, a federation style house on 2.09 hectares in Gunning and named after the horse who raised the fortune to build it.”

Southwell says while ‘Eulacre’ has been brought into the modern era with a luxurious and modern renovation, its original features remain, having been meticulously restored to keep the home’s story alive.

“It’s ready for the next chapter in its history.”

Inside this historic home is a modern kitchen with farmhouse sink, luxurious bathroom with free-standing bath, and an open fireplace in the living room – not to mention the updated laundry, three large bedrooms and separate study.

Outside, you’ll find an irrigated vegetable patch and orchard and landscaped entertaining area, surrounded by established pine and gum trees. The grounds are also home to a double carport, original shedding, horse stables, workshop and blacksmith quarters, an original milking shed converted to a chicken coop, and two two-acre paddocks and a holding yard.

“The ideal buyer would be a growing family looking to enjoy the rural lifestyle, whilst being within easy commuting distance to Canberra and Goulburn,” says Southwell.

“‘Eulacre’ is close to town without the hassle of a farm.”

• 3 bed | 1 bath | 3 car | 1 study
• 10 Dalton Road
• Gunning | Upper Lachlan
• Auction: Saturday 26 June 3.30pm on site
• Price guide: $785,000
• View: Contact agent
• Agent: George Southwell
• Mob: 0429 838 345
• Ray White Rural Canberra/Yass
• Ph: 6226 4400

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Find property listings at Canberra Daily Real Estate.