You enter this private, waterside compound via secure electric gates. As you approach the curved driveway you pass by the first of two homes on this large private landholding. This two-bedroom cottage is great for visitor accommodation or can provide passive income as a rental or Bed and Breakfast operation. As you approach the larger home you pass multiple car garages and a luxurious resort style inground swimming pool. The marble tiles on entry set the high-quality designer tone, evident throughout. The large open plan entertainer's kitchen spreads out to a large covered balcony overlooking the natural gardens and glistening lake. The main home is custom built on three levels with each room taking advantage of the majestic lake views, where every day is a panorama of boats, wildlife and changing scenery. With multiple formal and informal living and dining areas and expansive decks, your lifestyle choices are limitless. All of the bedrooms are spacious with storage and built-in robes. The master suite has its own balcony access, a large living space and a bathroom that is only 4 years old. Under the house you will find a huge workshop with a concrete floor, toilet and access to the subfloor of the house. The access to the water takes you through gardens and walkways where a small pedestrian bridge spans the natural rock gully to connect with the sandy waterfront of Lake Macquarie. On the site there is a double garage, single garage, single carport, 6kw solar system, 60sqm of solar heating for the inground pool, large grey water tanks, irrigation system and so much more. A substantial yet private property for the most discerning of buyers. Features: - Two homes on one block, a large main home and a second smaller home set on 1,720sqm - Beautifully landscaped grounds - Electric gates on entry, driveway from road and plenty of parking and turning areas - Main house is air conditioned with multiple living areas and bathrooms, main living area is open plan overlooking the lake - Huge amounts of storage, especially under the house which can be locked up and secured - Large master suite with huge WIR, spacious ensuite, private balcony - Private waterfront reserve with plenty of room for kids to roam and play - National Park is 100m away with walking trails to the caravan park and northern side of the peninsula - Wangi shopping village is just 2km away - 80 minutes drive to Sydney - 15 minute drive to Toronto - Potential for sub-division STC