Nestled upon one of the bay's most beautiful beaches, this much-loved family home of more than forty years offers an extraordinary opportunity to secure approximately one thousand nine hundred thirty-seven square meters of absolute beachfront bliss. Located just three hundred fifty meters from Aspendale Village and with private gate access to pristine stretches of sand, this exclusive lifestyle location is as exceptional as this tightly held parcel of prime land. Boasting an approximate fifteen point five-meter frontage to Aspendale Beach, and twenty-two meter frontage to the Nepean Highway, an array of exciting possibilities await. Explore the glorious bay view and development potential, build your contemporary coastal masterpiece or realize the existing home's captivating charm with renovation (subject to council approval). Believed to be one of Aspendale's original holiday homes predating the nineteen hundreds, the house features rich period detail, including timber wall paneling and soaring ornate ceilings. A generous layout includes four bedrooms, two bathrooms, an elaborate lounge room with an open fireplace, formal dining room, timber kitchen with meals area, plus an additional sitting room. A kitchenette and third living area with outdoor access provides scope for multi-generational living, while expansive gardens and an artist's studio also feature. Superbly positioned just steps from Aspendale's local cafes, restaurants and shopping, plus minutes to Aspendale Primary School and St Louis de Montfort's Primary School. A five-minute stroll will have the children on the train to Mentone's private schools as well as providing easy access to Mordialloc's upmarket restaurants and bars, Westfield Southland and the city.