A stunning house with spectacular views across to Falmouth is up for sale for the first time in 33 years with a starting price of a cool £2m.

Water’s Edge, Trefusis Road, Flushing will go under the hammer on May 31 when the price could rise much higher.

Falmouth Packet: Water's Edge is currently unoccupiedWater's Edge is currently unoccupied (Image: Rightmove.co.uk)

It is one of just nine detached south-facing houses with water frontage on the exclusive Trefusis Road, in the historic village.

The now vacant property is available for sale on the open market for the first time in 33 years through Rightmove and needs restoration which will also add to the cost. 

Falmouth Packet: Water's Edge is on Trefusis RoadWater's Edge is on Trefusis Road (Image: rightmove.co.uk)

Trefusis Road runs along the shoreline of Falmouth harbour and the handful of large detached homes near the end of the road have long been some of the most sought after on the south Cornish coast in an Area of Outstanding Natural Beauty.

It enjoys a particularly sunny, sheltered and warm southerly aspect and backing onto beautiful unspoilt countryside of the Trefusis Estate and the Penarrow peninsula, with a lovely scenic walk around the shoreline to Mylor Church town.

Falmouth Packet: The house has stunning views across to FlushingThe house has stunning views across to Flushing (Image: Rightmove.co.uk)

The village dates back to the 17th Century and was famously home to many of the successful Packet Ship captains when Falmouth played an important part in global shipping and communications.

Built in the 1920's, Waters Edge occupies an exceptional south-facing plot in one of the most desirable and valuable addresses on the south Cornish coast, according to Rightmove.

Falmouth Packet: The house is in some need of restorationThe house is in some need of restoration (Image: RightMove.co.uk)

"With stunning maritime views across the world's third-largest natural harbour, the house offers direct water frontage with a set of private steps winding down to the beach below and its own boathouse," says the Rightmove sales pitch. 

"For sale for the first time in over 30 years, this extraordinary property requires complete refurbishment and represents a fantastic opportunity for someone looking to create a truly spectacular property in an unrivalled waterfront location."

Falmouth Packet: The house has spacious accommodationThe house has spacious accommodation (Image: rightmove.co.uk)

Set over three levels, the house offers spacious accommodation including four reception rooms, a master suite and five further double bedrooms, all of which enjoy grand proportions and far-reaching harbour views.

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Perched at the top of its elevated plot, Waters Edge looks out over sloping gardens across Falmouth Harbour and beyond.

Falmouth Packet: Water's Edge is currently unoccupiedWater's Edge is currently unoccupied (Image: Rightmove.co.uk)

Set in a  third of an acre, there are private steps weaving down to the beach and boathouse below and plentiful scope to create terracing to maximise the views and grounds. There is extensive garaging and further outbuildings along the top boundary.

Falmouth Packet: It is in need of some refurbishment It is in need of some refurbishment (Image: rightmove.co.uk)

But beware, a mortgage for £2m over 25 years at 5.1% would cost you £10,681 a month, and it will probably go for more than that plus all the restoration costs.

You can view the Rightmove page here.