A temporary station was built on the site in 1888–1889 when the railway line was extended from Lilydale to Healesville. The current station was built in 1903 and is now listed with Heritage Victoria. The station closed along with the Healesville line in 1980. It sat idle for some years, but has now been restored as part of the Yarra Valley Railway, which is based out of Healesville. It currently opens on weekends, Wednesday of school holidays, and public holidays. Walker Railmotor RM22 operates heading out for approximately 4.5 km to near Tarrawarra Winery, after traveling through the historic tunnel.
As of April 2010, works are currently underway to restore the line to Yarra Glen railway station. The general public is now kept up to date at the station as to the progress of this restoration, which is the largest volunteer group operation currently in Australia. Much progress has been made, especially throughout 2015, and the work to replace the many trestle bridges lost on Black Saturday is now clearly visible from the Healesville Yarra Glen road, as the steel superstructure is now in place on most of those lost bridges. Much rolling stock can also be seen in the sidings, all a reflection of the past use of this line, and some fantastic restoration of carriages is also carried out in the workshop of the railway at the station. This all is a suggestion of a museum to what the Victorian Railways was in its hey day, and each and every volunteer is striving in their own way to recapture this image.