It is considered one of Marks Point's most prestigious properties and is expected to take the lakeside suburb into new territory.
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Joshua O'Doherty, of LJ Hooker Belmont, has listed what he describes as an "architectural masterpiece" at 91 Marks Points Road.
A guide has not yet been set but expectations are that its sale will surpass the $3.2 million suburb record set when Mr O'Doherty sold a strata titled home at 1/100 Marks Point Road in January.
"This is a very grand house with everything on a grand scale, and it is 1166 square metres of north-facing waterfront land," Mr O'Doherty said.
Gated entry opens up to a winding driveway that leads to the impressive residence. On ground level is a guest suite, an office, home cinema and a spacious open plan kitchen, living and dining area that extends to alfresco entertaining on the water.
Upstairs a luxury master suite with dressing room, ensuite and a balcony looks out over Belmont Bay and there are two additional bedrooms. There is also a double garage with workshop.
The four-bedroom, four-bathroom residence is being sold through expressions of interest with inspections by appointment.