A unique and distinguished dress-circle address notable firstly for its stunning panoramic outlook to a parkland oasis that stretches beyond the Maribyrnong River to Flemington Racecourse, and secondly for its rich historical tapestry that weaves deep into a racing heartland featuring an original jockeys training gym. Built in the 1960's, this tantalising architecturally designed estate boasts period style that timelessly adapts from a modernist era of sundrenched clean open-plan lines, that seemingly floats above tranquil park and riverside trails of birdsong and gum trees. Idyllically positioned an easy stroll from Victoria University, the existing and new site of Footscray's Western Hospital (Construction 2020), Edgewater Estate marina and cafes, trams, buses and an easy cycle or commute into the CBD. A flexible floorplan over two levels incorporates vast elevated entertaining domains featuring an exquisite sunroom with adjoining balcony, formal and informal dining and lounge rooms and a central kitchen of stylish timber vaulted entry, matching cabinetry, copper range hood, wide fridge space and breakfast bar-servery. Alluring and eclectic accommodation begins with a tiger-print wallpapered first floor bedroom that may originally have served as a den, library or home office with a discreet bar and built in robes. Capturing your imagination downstairs are two further bedrooms, both with walk in robes, the rear with stunning park views, balcony, lounge, office and a sliding door that leads to a capacious jockey's training gym, floatation tank, sweat box, corner spa, shower and gorgeous cedar sauna. While offering scope to modernise and refine, including a long carport and rear park access, this remarkable home will reward with minimal attention or provide a sensational new home site with GRZ zoning, which potentially allows three level construction (STCA).