A prestigious South Coast home has hit the market, boasting an eye-watering price guide of $7,950,000.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
The property is located at 71 Werri Street, Werri Beach.
The four-bedroom, three-bathroom home features 200-year-old recycled timber beams and antique gates and doors.
Selling agent, Neil Campbell from Ray White Gerringong said it was a unique property given its location, and believed it was "the only beach and lagoon front property in the Kiama LGA".
Owners Rebecca Ryde, an interior designer, and husband Richard, a builder, have owned the property for four years.
Mrs Ryde said they were initially drawn to the property by its "potential views, which were amazing".
"The property was just a little old asbestos house, hidden by a big hedge," she said.
"We had the foresight and could see through the hedge. We got rid of it all, landscaped the whole property.
"The views are just like something out of this world."
Mrs Ryde said the property had previously been in the same family for several decades.
The Rydes bought the deceased estate at auction.
She said they knocked down the home in 2017, but sat on it for a few years while they awaited council approvals to rebuild.
The rebuild was completed 18 months ago.
In addition to the main dwelling, the property includes a two-bedroom apartment. Other features include a ceiling-to-ground waterfall inside the house, pool, spa and private jetty.
Mrs Ryde told the Mercury the views of Werri Beach, the lagoon and Saddleback Mountain were among the home's standout features.
"You see the whales every year, see the dolphins," she said. "I've watched my kids surfing the waves out there.
"The lagoon's fantastic. We've got a little tinny, so we go crabbing a lot."
Do you have a story or news tip? Email us at cos@illawarramercury.com.au
Mrs Ryde said they were selling as the market was currently booming.
"It's just the right time, the market is so good," she said.
"We're a little reluctant because it's so beautiful, but there's benefits as well for my husband and I."
Mrs Ryde said she believed the property would be well-suited to a young family, or someone who would be able to maintain it and use it as a short-term holiday let.
"If you had it as an Airbnb, it's perfect for that because it's two properties in one," she said.
We depend on subscription revenue to support our journalism. If you are able, please subscribe here. If you are already a subscriber, thank you for your support.