It boasts spectacular sea views, spacious facilities, enough bedrooms to cope with the largest of families and extensive security features to ensure absolute privacy.
This unique opportunity, which has gone on the market in the north-east, is not some Grand Designs-style dream home, it is Peterhead Prison, once infamous as Britain’s toughest lock-up.
The Victorian-era jail closed its doors before Christmas.
It is being replaced by HMP Grampian, which has been built next door and is due to open in March.
Yesterday, the 126-year-old jail, famously dubbed Scotland’s Hate Factory, went on the open market for an undisclosed price.
The 14-acre site is being offered as a development opportunity by J&E Shepherd Chartered Surveyors.
Potential buyers are being given the chance to snap up the whole site, including the prison buildings.
“The jail has gone on the market and the buildings are included in the sale,” a spokeswoman for the Scottish Prison Service said last night.
“However, we are still working on a demolition plan for the site, and Craiginches, which has yet to be finalised. At the moment, we are evaluating tender bids for that work.”
Before any of the buildings can be torn down, an archeological study of the site must be carried out.
“At the moment, there is no date for demolition to start, although we expect to have the contract awarded in about three weeks,” she added.
“If we were to get an agreeable offer to buy the site and the buildings, then we would not go ahead with the demolition plan.”
She said cranes and machinery seen within the walls of the old prison yesterday were not part of the decommissioning process, but were being stored there while work continues on HMP Grampian.
According to particulars released by Aberdeen-based J&E Shepherd, the site includes 13 buildings within a large boundary wall.
Because none of the original features are listed, they can be demolished to pave the way for a new-build project.
No one from the firm was available to comment on the sale last night, but in its brochure it states the site could be used for residential, commercial or industrial use, with potential for a new harbour business.