Commanding a prized north-facing position right on the shores of Lake Macquarie at the northern tip of exclusive Marks Point, this magnificent home features breathtaking views, incredible privacy, and the additional inclusion of the iconic "Iona Cottage" a standalone, income producing cottage.

Occupying approximately 1062 sqm of waterfront land, this multi-level home will satisfy the needs of any budding entertainer or those looking for a home that can double as a private sanctuary nestled away from the hustle and bustle of city living. The upper level of the main residence features the main bedroom, with ensuite and walk-in-robe, an optional space suitable for a study or guest quarters, a powder room as well as a beautiful and practical open plan lounge, dining, and kitchen. Also on this level is the substantial garage with direct house access. The entire upper level has access to a well-maintained covered hardwood timber deck, featuring in-built zip track blinds that provide shade and protection from various weather conditions. With 180-degree water views and a variety of quality inclusions throughout the home, from the Blackbutt timber floors to the stone benchtops, ducted air-conditioning, roller blinds, plantation shutters, and electric cooking facilities, no detail has gone unnoticed.

The lower portion of the home features a large laundry with matching stone benchtops and large linen cupboards in a connecting hallway with plenty of storage options and two additional bedrooms large enough to accommodate the entire family or multiple guests who decide to stay and enjoy the serene atmosphere surrounding the home. Serviced by a modern bathroom with a stand-alone shower, each room offers access to another large covered deck as well as external access to the well-manicured gardens and path leading directly to the lake's edge.

Perhaps one of the most unique features of this property is its inclusion of the iconic "Iona Cottage" – a fully furnished historic standalone cottage built in 1926 located at the base of the property, right on the water's edge. The cottage is currently operating as an exclusive holiday rental and provides consistent additional income to the current vendor with plenty of future earning potential. "Iona Cottage" features a fully equipped kitchen, air conditioning, 2 large bedrooms serviced by a bathroom that contains a spa bath with an overhead shower. A short stroll takes you directly to Marks Point Marina or you can just relax on the deck and watch the sailing on Belmont Bay.

Waterfront properties like this don't hit the market often and this opportunity presents an exceptionally rare opportunity to secure a world-class residence in one of Marks Point's tightly held addresses.