On one of the most desired streets in The Moorings, this incredible bayfront retreat offers a rare opportunity to create your dream. The property is on a .76-acre double lot, featuring 238 feet of street frontage with an expansive yard and 158 feet of pristine water frontage. The stunning views of Venetian Bay await, while the Gulf of Mexico is just a short boat ride from your doorstep. The residence, a spacious 7,735 square-foot home, has no history of water intrusion, according to the owner, and presents a canvas for remastering. Boasting five bedrooms, a dedicated study, six and a half bathrooms, a five-car garage, and multiple living and entertaining areas inside and out, this home offers a versatile layout that can be transformed into a luxurious masterpiece. Recent improvements to the home include new interior and exterior paint, air conditioner split units in the garages, updated landscaping, and a dock and boat lift with recent adjustments to accommodate a 30,000-pound vessel. Alternatively, capitalize on the rare potential to subdivide this property and build two spectacular waterfront homes, each with incredible views and direct access to the bay. This exceptional property is in the heart of The Moorings, offering available access to the private Moorings beach park and nearby access to the incredible shopping and dining at Venetian Village. Whether you choose to remaster the existing home or embark on a new development project, the location, views and privacy are unparalleled.