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On one of Daylesford's most prized streets, and just a short walk from the lake foreshore, is an extraordinary opportunity to create something enduring - whether that's a modern country estate, a multi-dwelling sanctuary, or a thoughtful restoration that honours the landscape and community it sits within. Set on a remarkable 2,874m² (approx.), the land is expansive and gently sloping, framed by tall gums. The classic brick fronted 2 bedroom home is on the long term rental market, and there has been further additions to the footprint at the rear. There is also a self contained studio, perfect for artistic pursuits or your new favourite hobby. This unique property is comfortable as is, yet ready for its next chapter. For those with vision, this is the kind of site that rarely becomes available. Here, you can imagine bold architecture sitting lightly on the land, or perhaps a series of crafted pavilions (STCA) that speak to Daylesford's rhythm - a place known for creativity, slow living, and a deep connection to nature. All the elements are here: privacy, scale, sunlight, and a location that's both peaceful and completely connected. From morning swims at the lake to coffee in town or walks through the Wombat Hill gardens, everything Daylesford has to offer is within easy reach. Whether you're dreaming of your own grand design, a carefully curated accommodation retreat, or a home where nature and design sit in harmony - 27 Leggatt Street is the rare kind of property that makes it all possible. Key features - Significant 2,874m² (approx.) landholding in a coveted location - Comfortable three-bedroom home with scope to restore or reinvent - North-facing frontage, tall gums, and birdlife all around - Walk to Lake Daylesford, local cafes, galleries, and spa hotels - Potential for multi-dwelling development or architectural rebuild (STCA) - A true lifestyle offering in one of regional Victoria's most celebrated towns