A market offering of the rarest kind for the first time in over 40 years, this timeless family home offers an incredible once-in-a-lifetime opportunity to acquire one of Wamberal's lagoon and near beachfront landholdings.Occupying a wide 1,170 sqm parcel fronting to both Ocean View Drive and Remembrance Drive, the two storey residence basks in the glow of warm easterly sunlight, while listening to the waves crash along the shoreline just metres away.Although easily liveable and flexible for a multi-generational household, the potential here to capitalise on this beautiful location is limitless. Architecturally reimagine, redesign or rebuild to create an exquisite waterfront sanctuary that will serve your family for years to come (STCA).This tightly held blue ribbon address provides direct pedestrian access onto Wamberal Lagoon foreshore and the sand of Wamberal Beach beyond. You're also a seconds' stroll from Wamberal Surf Club, Lagune Artisan Pizzeria and popular coffee nooks. With the hub of Terrigal only 5 minutes away, yes maintaining a peaceful and position. - Dual frontage from 151 Ocean View Drive and 19 Remembrance Drive, Wamberal- Vast two storey design offers a choice between formal and casual areas- Sprawling entertainers' terrace wrapped in greenery and lagoon vistas- Galley-style kitchen reveals tidy appliances and flow to casual meal zone- Four peaceful bedrooms, master adjoins walk-in robe and ensuite- Versatile lower retreat provides options as guest stay, gym or rumpus- Incredible future potential for a transformation or redesign in future- Garage parking for three cars, additional single carport and driveway spaces- Walk over to the vibrant beachfront at Terrigal for bars, restaurants and pubs- Surrounded by great public schools and high schools like Central Coast Grammar