Among Mount Eliza’s revered Golden Mile — where homes pass between generations and opportunities seldom appear — this expansive coastal residence presents a compelling proposition for those with vision or builders wanting to create an iconic new residence.

Literally steps from Canadian Bay Beach and moments from the village and esteemed Toorak College, the elegant four-bedroom home offers exceptional bones and inspiring proportions ready to be reimagined into a contemporary masterpiece, while the prized 1093sqm corner allotment is an invitation to create something truly exceptional in this coveted stretch of coastline.