Set within one of Rye's most tightly held pockets backing onto WhiteCliffs - this is a once in a lifetime opportunity to secure an extraordinary coastal holding where increadible bay views, position, & scale combine in spectacular fashion. Just a short 450 mtr stroll to the foreshore and Rye's vibrant township, the setting delivers an awe inspiring view, along with the perfect balance of convenience and tranquillity. Occupying approximately 3,340sqm (approx. 0.83 acres), the property is crowned by approx 1/3 acre of flat and highly usable land along with a charming 2 bedroom retreat featuring timber exposed beams, that captures breathtaking and uninterrupted North Easterly bay views stretching across the water toward Mount Martha and Arthurs Seat. With an outlook that can never be built out, the panorama is simply unforgettable - whether enjoyed as is - or as the foundation for a future dream home (STCA). The existing residence offers immediate comfort with a cosy coastal feel, complemented by a dual carport adjoining the home. At street level, a substantial double garage and workshop provide excellent storage, flexibility and space for hobbies, trades or additional vehicles. Properties of this calibre - offering expansive land size, exceptional usability, breathtaking views and a Blue Chip Peninsula position are incredibly rare. Whether you choose to enjoy the current home, landbank for the future or create something truly remarkable, this is a generational opportunity not to be missed. Proudly marketed by Crowders Real Estate.