Paradise found: 41a Kareela Rd, Cremorne Point is on the market.

Known for its stunning harbour views, Federation homes and grand waterfront promenade, the exclusive enclave of Cremorne Point is one of the most desirable addresses in Sydney.

The peninsula suburb, just six kilometres north-east of the CBD, is also tightly held – and for very good reason.

French oak flooring features throughout.

“When you secure a house in this part of the world, it’s like buying into paradise,” Belle Property agent Stefon Bertram says, “Cremorne Point is a hidden gem right on the Harbour with outstanding prestige homes like this one.”

Mr. Bertram is talking about his latest listing, a classic Federation property at 41a Kareela Rd, a bespoke residence with sweeping views over Mosman Bay.

“It’s one of the most beautiful family homes in Sydney that is a perfect example of heritage and history reimagined for modern living,” he says.

Set down and secluded from the street, 41a Kareela Rd is a magical sanctuary designed by Michael Suttor Architects, with elegant interiors by Sarah Davison.

“No expense has been spared on the home, right down the French Oak floors featured throughout,” Mr. Bertram says.

“You won’t find many homes of this standard anywhere in Sydney, and the meticulous attention to detail is evident in every corner of the property.”

Three incredible bedrooms, including a parent’s retreat offering its own full bathroom, walk in wardrobe, balcony and a home office, will delight both families and downsizers Mr. Bertram says.

Vast open plan living and dining, combined with a Calacatta Gold chef’s kitchen are sure to impress home entertainers, but it’s the level garden overlooking Mosman Bay that makes this home a “once-in-a-lifetime” opportunity.

“To wake up in the morning and walk out into the garden with a cup of coffee and Sydney Harbour stretched out before you is what dreams are made of,” Mr. Bertram says.

“There is nowhere else in the world where you can do that.”