Moments from the village, a gentle walk to the beach and offering views of the bay, opportunity awaits in this classic and beautifully maintained Chancellor and Patrick designed home spread over 3 levels.With 3 huge bedrooms, polished Tasmanian oak floors, raked ceilings and plenty of room to extend in the backyard, seize the chance to fully capitalise on the prime Ranelagh Estate location with a modern makeover or live comfortably with all the delights of Mount Eliza at your fingertips.Set on 770 sqm (approx), the upper level balcony off the living and dining area is a great vantage point to check out conditions on the bay and catch a cooling summer breeze, while a huge peaked window floods the kitchen with natural light where loads of bench and cupboard space and a stainless steel stove will make catering for a busy family easy.Also on the upper level is the master bedroom featuring an entire wall of built-in robes.Another bedroom on the mid-level opens onto a garden terrace and sits beside an updated bathroom, while at the entry is a 3rd large bedroom that would make the ideal home office and a powder room.Other features include ducted heating, an air conditioner, wind-out awning above the deck, security system, remote garage with workshop area, mature landscaped gardens and a handy garden shed screened behind a hedge.