"It's extraordinarily rare to see 150 feet of contiguous bay frontage become available at the same time in a turnkey condition," said listing agent Jack Binder Jr.

The more than 10,300-square-foot home features a covered veranda, custom pool, basketball court and covered dock.

Mount Barker proved to be a hot market last week with six properties selling for a total value of $5.3 million. See the latest auction and sales results. The property at 45 Gilbert Street sold for $2.