A picture of grace and charm in Mount Elizas Golden Mile with views of the bay and a huge street frontage giving the home a commanding presence, this superb 2,439sqm (approx) property is a blue ribbon opportunity full of potential.Slightly elevated to capture views from both levels, the sprawling residence has been beautifully maintained and offers the chance to update with modern flair to fully capitalise on this magical seaside location.Beyond a sweeping pebble driveway through mature gardens and past the inground pool and cabana, the 4 bedroom home exudes its own special charm with white-painted brickwork and large picture windows, 3 living areas and a parents wing featuring a retreat lounge and spa ensuite.A large lounge with open fireplace makes for elegant formal entertaining while there is also a large rumpus room upstairs with a built-in bar and door to a large entertaining balcony with views across the bay.The gleaming blackwood timber kitchen overlooks a meals area with doors to an alfresco deck at the rear and there is also a dedicated formal dining room for dinner parties.Just moments from Canadian Bay Beach and a pleasant stroll to the village and Toorak College, other features include ducted heating, split-system air conditioner, large main bathroom, a remote double garage and parking for a boat, caravan or other vehicles.