Its $3.4 million record sale in 2007 made front-page news and Darren Bender believes it is still "the best piece of real estate in Newcastle".
The Robinson Property agent has sold the landmark Merewether property twice before and has now listed the Californian-style mansion which sits astride a 2333-square-metre block at 39 Scenic Drive with a guide of $5.4 million to $5.9 million.
"We've already had quite a few Newcastle buyers that have shown interest in it, and serious interest in it, as well as one from Sydney who is showing serious interest too, and I don't think it will sit around for very long," Mr Bender said.
"The house is wonderful, but to have three blocks of land that are level with that view that you're never ever going to lose, you can't replicate that anywhere else in Newcastle."
The property features an eight-bedroom, four-bathroom residence built in 1948 and overlooking a 15-metre saltwater swimming pool. It is positioned on three titles of land and has Development Application approval to remaster the residence into a luxury trophy home.
Inspections are by appointment only.
Meanwhile, Nero Group Australia will open the stunningly restored Merewether House at 285 Glebe Road on Saturday at 4pm.
Luxury on the lake
A large waterfront home at Coal Point with a "one of a kind", temperature-controlled wine cellar is reportedly attracting good interest.
Raine & Horne's Jason Maxwell and Patrick Collins are marketing the luxurious five-bedroom, three-bathroom home at 141 Coal Point Road with a guide of $1.95 million.
The 425 square metre home on 1136 square metres of land was built seven years ago. It is open for inspection on Saturday at 10.30am.
Last penthouse in Highpoint
The last of three penthouses in Highpoint Apartments is being marketed by Mick Phillips, of Belle Property Lake Macquarie, for $1.16 million.
The apartment at 1601/2 Charles Street in Charlestown is on the 16th floor and has three bedrooms, two bathrooms, two large balconies and a north-westerly aspect with views.
Highpoint is Lake Macquarie's tallest residential building and features a communal rooftop terrace on the 17th floor plus an indoor/outdoor kitchen on the third floor. It is open for inspection today at 10.30am.
Listings over $1m
Street Property have listed a four-bedroom residence at 62 Tyrell Street on The Hill for $1.45 million. It is in a secure complex that has a residents' pool, garden and barbecue area.
Also on The Hill, Dalton Partners The Junction are selling a three-bedroom home at 16 High Street with a guide of $1.25 million to $1.35 million.
A three-bedroom house with a pool on around 900 square metres of land that backs on to Lewis Oval at 22 Noela Avenue in New Lambton has been listed by Green Street Property with a guide of $1.175 million to $1.225 million.
Ray White Morisset have a lifestyle property at 158 Tobins Road in Mandalong listed for $1.49 million. It features a two-bedroom farmhouse, orchard, raised vegetable beds, workshop with mezzanine level and a dam with slides, diving board and flying fox, all on 62 acres of land.
Listings $500,000 to $1m
Andriessen Property have a four-bedroom brick home with a pool on a block over 1000 square metres in size at 15 Jarrod Close in Charlestown for $680,000 to $730,000.
A contemporary two-storey house with three bedrooms at 16 Butterworth Street in Cameron Park is being sold by Belle Property Lake Macquarie with a guide of $580,000 to $620,000.
Listings under $500,000
Robinson Property are marketing a two-bedroom unit at 5/60 Selwyn Street in Merewether with a guide of $480,000 to $500,000 and a one-bedroom unit at 6/51 Morgan Street, also in Merewether, for $410,000 to $450,000.
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