A WATERFRONT home with resident black swans as neighbours is on the market for sale via expressions of interest.

The property at 18 Fennell Street, Fassifern is positioned in a peaceful, leafy setting on the waterfront reserve of Fennell Bay.
Listing agent Paul Avery said the property is "one-of-a-kind" and he anticipates it could set a record in the area when it sells.
Owner Peter Osbourne, who built the home 17 years ago, uses one word to describe the location.

"Paradise," Mr Osbourne said. "The lake, bushland setting, beautiful views, wildlife, the sunsets and quietness all combine to create paradise."
Mr Osbourne has lived in Lake Macquarie for 57 years and is selling in order to downsize.

The four-bedroom, two-bathroom home was designed to embrace its location with water views from the master bedroom and the large open-plan living areas through floor-to-ceiling windows and sliding doors which bring the waterfront views into the home.
A large alfresco area runs the length of the home and is surrounded by gardens complete with a water feature and decorative bridge.

"Being a master builder, my company at the time [Toronto Property Services] built the home designed by Steve Smith of A1 Plan Services," he said.
"My favourites features of the home are the ease of living with no stairs, its easy upkeep, the floor-to-ceiling glass walls, which give you a view of the lake, the wildlife, the gardens and the ponds.

"It feels like it's all virtually indoors with you."
The master bedroom includes an ensuite with a spa bath and walk-in robe, and the other bedrooms have built-ins and access to a family bathroom.

The American oak kitchen includes granite benchtops, a walk-in pantry and a breakfast bar, as well as a home office, wet bar area, wine cellar and large workshop.
The property has been well maintained over the years and includes 20 solar panels and a 14,000-litre rain tank.

The waterfront reserve is near-level, leafy and grassed, providing a park-like area between the house and water with resident black swans.
"They settle in at night time closer to the Blackalls Park shore," he said.
"During the day they will graze Fennell Bay for the sea grass just below the surface. They graze like cows moving about.
"There are about 30 at the moment but over past years, depending on weather conditions, I have counted 140."
The property, listed with Avery Property Professionals, is open for inspection on Saturday at 1pm.