This beautiful and contemporary renovated timber home sits 1,000 feet above sea level on the north-facing side of Arthurs Seat, offering magnificent views across Port Phillip Bay and the peninsula, plus the surrounding Arthurs Seat National Park. Day or night, summer or winter your vistas are unobstructed and unparalleled. Aside from the breathtaking surrounds, the property comprises a tiled entry leading to the spacious open plan living area with floor to ceiling windows to take full advantage of the panoramic bay outlook, the master bedroom (BIRs) is also fitted with full length windows offering views of the bay and National Park, while the second double bedroom (BIRs) takes in the scenery to the north. A further highlight is the deck with its perfectly positioned spa so you can sit back, relax and simply enjoy this stunning natural setting. The modern kitchen/meals (electric cooking, dishwasher) opens to the living area and the bathroom has a large shower and laundry facilities. Additional features include reverse cycle heating/cooling, split system air conditioner in the main bedroom, carport and off street parking. Currently operating as Northern Aspects at Arthurs Seat, a fully self contained B&B (rental return $60,000 pa approx), this home would make a perfect holiday getaway – secluded and private, yet with easy access to all the wonderful amenities the Mornington Peninsula has to offer. Furthermore, to keep your options wide open there are also council approved plans for a Hotel/Accommodation development site subject to a CFA approval report.