A 14-hectare property situated minutes from the shoreline of Lake Macquarie has hit the market in Teralba.
Set on an elevated block with its own private road, 55 Rhondda Road, Teralba offers a rare opportunity to purchase a large block with two separate residences in a private bushland setting.
Listing agent Ryan Houston from PRD said the property would be ideal for those living with extended family or using the second house as an investment.
The property has plenty of space to keep animals or store watercraft to enjoy all that the lake has to offer.
"It's a very large property. It's perfect for a little hobby farm or somewhere where you can have backyard space if you want to keep boats, jet skis or motorbikes," Mr Houston said.
"It's only a few hundred metres away from Lake Macquarie which is also a massive win."
The owners purchased the property in 2011 and added the modern barn-style residence with four large bedrooms, including a master on the first floor with an ensuite, walk-in robe and sitting area.
There are an additional three bathrooms, including a free-standing bath and open-style waterfall showers.
The front living area features a wood-burning fireplace and the kitchen includes a waterfall benchtop, a walk-in pantry and an open plan living area that flows to an outdoor patio.
"It has really high ceilings, big open living spaces and plenty of light coming through," he said.
"It feels like a beautiful farm home but close to the water. It really is like your own farm in the middle of suburbia."
The second house, which is in original condition, is currently leased and includes three bedrooms and two bathrooms.
The property goes to auction on October 12.
"We have taken feedback from potential buyers because it is a bit of a tricky one to price but we are looking at around the $2.5 million mark," he said.