Offered for the very first time in 45 years, this family home occupies one of the East's most tightly-held dressed circle enclaves. Surrounded by some of Sydney's most magnificent residences, the home is footsteps from secluded harbour beaches and a stroll to stunning walks, breathtaking coastal scenery and Watsons Bay ferry wharf for a scenic commute to the CBD. In solid condition throughout, the layout cascades over three expansive and versatile levels, ready to be renovated and reconfigured to suit your own exacting standards. The ground floor encompasses a flowing selection of vast formal and casual living spaces, enhanced by high ceilings and timber parquetry floors. All three bedrooms are impressively oversized, with a bright master suite occupying the entire top floor and featuring pitched high ceilings. The room captures generous water glimpses through expansive wraparound windows, while the granite kitchen is fitted with functional gas appliances, and there are also gas bayonets and air conditioning in the living areas and bedrooms. Immersed in a lush, leafy setting, the home is set on a large block behind deep level lawns and established gardens. With almost every room enjoying a rare sense of privacy, the home includes a child-friendly rear yard with level lawns and rear lane access to a double lock-up garage. This is an extraordinary chance to secure one of the last remaining original homes on the peninsula, with scope to make it your own and capitalise on its exclusive address 350 metres from Gibson's Beach. The property is walking distance to Watsons Bay's cafe/dining precinct, 250 metres from Vaucluse Public and moments to a selection of elite schools.