231 Channel Highway, Taroona. Picture: SUPPLIED

STELLA Maris, the “Star of the Sea’’, is a sprawling family residence.

This Taroona icon captures a seemingly endless water vista of the River Derwent towards Hobart’s Eastern Shore from its elevated position overlooking the estuary.

The view from its rooftop terrace is a money-can’t-buy type of outlook: simply gorgeous.

This exquisitely presented property boasts water vistas from most areas of the spacious home, while also taking full advantage of the sunshine.

Grand family home.

One of the original Taroona estates, the home has been lovingly brought into modern times to ensure comfortable luxury living with generous rooms throughout.

Lavish living areas are located on the ground floor, including formal and informal spaces — ideal for relaxing and entertaining.

Wow factor.

There is an open-plan kitchen and breakfast room, a substantial lounge area and a formal dining room adjoining to a wine room.

Upstairs there are three or four bedrooms. The master suite is luxuriant with his-and-her walk-in wardrobes, an ensuite, dressing room and a sitting area.

One of the bedrooms flows into a self-contained area with a kitchenette and a bathroom.

Currently the floor plan includes a media room leading into a separate sunroom.

Carefully landscaped grounds complement and surround the home.

High end everything.

Parking is plentiful. with a single garage and a double carport. There is also a workshop area and a storage shed.

Energy efficiency is taken care of via an array of 44 solar panels.

No.231 Channel Highway is listed with Tasmania Sotheby’s International Realty, “price by application”.

The Taroona market has performed strongly over the past year, with CoreLogic figures showing house prices rising by 28.5 per cent in the 12 months to the end of June.

Relaxed living areas.

In that time there were 42 houses sold at an average of just eight days on market.