Perched above North Bay on nearly 4.64 private acres, this distinguished estate offers a rare balance of sweeping North Bay water views, exceptional privacy, and remarkable opportunity. Thoughtfully designed to embrace its elevated setting, the 3,157-square-foot residence features soaring ceilings, expansive windows, and gracious living spaces that frame the surrounding landscape from nearly every principal living area. The newly rebuilt view deck, covered porches, charming gazebo, mature landscaping, established fruit trees, and welcoming circular drive create an inviting estate setting for peaceful mornings, memorable gatherings, and effortless entertaining. The versatile lower level, complete with its own living area, offers exceptional flexibility for a media lounge, recreation room, fitness studio, guest retreat, hobby space, or multigenerational living. Beyond the residence, three tax parcels—including two additional buildable lots—present a rare opportunity to preserve the estate as it exists today or thoughtfully shape its future. Enjoy convenient access to Hood Canal boating and recreation, marinas, waterfront dining, nearby Allyn, and the renowned Alderbrook Golf & Yacht Club. More than a home, this is a place to embrace the beauty, privacy, and possibilities of Pacific Northwest estate living.