Rare commodity of a large acreage with waterfrontage to the Karuah River and Port Stephens. A deep creek on the property links to the Karuah River; or access via the approx 450m of frontage to the river itself. The 115 acres are gently undulating, with the house set up high to take in the views both over the river as well as to the ranges beyond. Currently good combination of improved paddocks and unimproved forest – potential to increase farming area substantially. The 3 bedroom brick and colorbond home is approx 15 years old, with high ceilings, open plan living and dining areas, covered front verandah, 3 way main bathrrom with spa bath, and formal dining room. Extras include combustion fireplace, double garage, 3 water tanks, 4 dams, fully fenced, sheds, stable and yards. There is no doubt the X -Factor lies in the waterway access. This is a deep water access to the waters of Port Stephens and to the open ocean. Great chance for the right buyer to take advantage and step the property up to the next level.