By ANNA USHER

A tightly held Balmoral home held by the same family for nearly 30 years has hit the market, with what its agents call the most sought-after grandstand position in Mosman.

From the sparkling pool terrace at 11 Stanley Ave, a jaw dropping view unfolds before you, sweeping from the beach to the Heads and beyond. It is a setting made for entertaining, framed by meticulous landscaping.

The four-bedroom sanctuary was originally designed by Architect Deece Giles and sits on a generous 748sqm, with vine-draped gardens and archways straight out of the Mediterranean.

“It is a magnificent family sanctuary with breathtaking views, and it has a timeless elegance about it,” Ray White Co-founder and Director Geoff Smith said.

Inside, the living and dining room sits under a soaring curved ceiling and opens onto an entertainers’ terrace facing the water.

There is a stainless-steel chef’s kitchen with an ILVE gas stovetop and walk-in pantry, a cinema room with a built-in projector and an expansive wine cellar.

The master suite has a vast walk-in wardrobe and opens straight onto the poolside gardens.

The house is built of double brick and concrete slab, and there is scope to add another level to make more of the view, subject to council approval.

It is also only a stroll from the heart of the village, with Balmoral Beach literally on the doorstep.

“Rich in character, it is a truly irreplaceable offering for those seeking a dream family home,” Mr Smith said.

It goes to auction on Thursday 19 November through Ray White Lower North Shore and Raine & Horne Mosman, with a guide of $16 million.