Come, step back into time to a magnificent waterfront Mediterranean estate that is perfectly positioned on 6 acres and 442 feet of direct frontage on pristine spring fed Lake Dalhousie where residents enjoy swimming, fishing, boating, water skiing and kayaking. A true retreat from the city life and one of the prettiest areas in Lake County. It enjoys the best of both worlds, uncrowded, peaceful country living, but close to shopping, major highways and the beaches. The grounds are enchanting but ...Come, step back into time to a magnificent waterfront Mediterranean estate that is perfectly positioned on 6 acres and 442 feet of direct frontage on pristine spring fed Lake Dalhousie where residents enjoy swimming, fishing, boating, water skiing and kayaking. A true retreat from the city life and one of the prettiest areas in Lake County. It enjoys the best of both worlds, uncrowded, peaceful country living, but close to shopping, major highways and the beaches. The grounds are enchanting but become sublime as you take in the spectacular early morning sunrise and golden hour that reflects on the home in a rich fairy tale glow. Stroll through the grounds where you will find stately grandfather oaks, bricked walkways, 1926 domed pavilion and emerald lush gardens all irrigated from the lake. You will notice the original 4-story water tower which, is no longer in use but stands tall capturing attention, making it one of the homes most iconic features. Commissioned with grandeur and built to endure in 1926 by Dr. Edgar J. Banks, a noted archeologist who began coming to Eustis in 1916 and today, this spectacular Mediterranean is ready to celebrate her 100th year old birthday. A peaceful courtyard entry with a stately fountain, loggias and Mahogany glass door entry add to the excitement and hint at the elegance within. Approximately over 6,200 square feet of living area consist of 2 master suites, 4 guest bedrooms and 5 1/2 baths. Upgraded plumbing and electric, volume ceilings, graceful arches, beautiful oak wood flooring, ornate fireplaces, large baseboards, iconic chandeliers, original Tudor style windows and newer windows that include Pella, Andersen, Marvin and Jeld-Wen, blend period charm with newer and modern conveniences. The grand ballroom overlooks the lakefront and features large parquet flooring and cherry wood inlay. The volume ceilings are graced with beautiful chandeliers, decorative hand carved plaster border and showcased with a handsome Artisan European gas fireplace. French doors open wide to the outdoor terrace which overlooks the 20x40 inground pool with stone paver decking, and mesmerizing views of the lake. The formal dining room features parquet flooring, Tudor style windows, coffered ceilings and original gas fireplace with a white mantle that has been delicately carved with the words Dolce Far Niente, meaning Sweetness of Doing Nothing. The generous kitchen, breakfast room and family room overlook the lakefront and have been completely redesigned with oak flooring, Quartz countertops, stainless steel appliances, French Country cabinetry and marble backsplash. The exterior back of the home stands tall and magical and features a magnificent focal point, designed with an abundance of white balustrades, the 20x40 inground salt pool, a terrace that spans the back of the home and a private master suite second story balcony. Perfectly designed for grand scale entertaining or tent the lawn for a beautiful outdoor wedding. The back yard features a gentle slope to the lakefront with long extended dock and a boathouse that currently houses a 21-foot boat and room for another. The main house features a 2-car garage, and another 4-1/2 car garage was added to the 4-story water tower. Other highlights include a very clean and neat large basement with upscale Kinetico water system and other mechanicals. This is a rare opportunity to own an original and architecturally stunning Mediterranean period home that seldom comes to market.