On a lake tucked within the sleepy village of Boreen Point near Noosa sits a property likely to be the envy of thousands on the Sunshine Coast.

Named Le Bateau Ivre – French for ‘The Drunken Boat’ after Arthur Rimbaud’s famed 19th-century poem – this 1930s Queenslander is a piece of living history.

The home has quietly watched decades of artistic, musical, and creative life drift through its doors.

Once a lively guesthouse rumoured to have hosted The Rolling Stones during an early tour of Australia, the house later evolved into an artist’s retreat before being reimagined by acclaimed jewellery designer Lucy Folk and her partner, Joffrey Cauchy.

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After an extensive two-year restoration in collaboration with interior designer Tamsin Johnson, the couple’s beloved lakefront sanctuary has returned to the market – and it’s every bit as poetic as its name.

Built circa 1934 from locally sourced hardwood, Le Bateau Ivre stands as a testament to traditional Queensland craftsmanship – and is currently taking offers over $4million.

Behind its whitewashed weatherboard exterior and wide verandahs lies a light-filled, meticulously composed interior that blends timeless character with subtle Mediterranean undertones.

The five-bedroom property – which includes a separate two-bedroom guest bungalow – offers than 1,000 sqm of tropical, fully fenced grounds.

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Every room feels intentional: Venetian-plaster bathrooms with terrazzo tiles by Will Cooper for Ash NYC, brass and bronze fittings by Astra Walker, and statement lighting from Lockerroom, Ben Mazey, and Ceri Muller.

A gourmet kitchen fitted with a La Cornue oven from France and an inside-outside bar opens through French doors to verandahs that gaze directly onto the lake.

The layout invites the outdoors in. Cross-ventilation keeps the air cool, while the sound of native birdlife filters through the open shutters.

Folk, who has lived in Paris and Melbourne, said she instantly fell in love with Boreen Point’s slower pace and the home’s ‘suspended’ setting among the trees.

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‘You feel as if you are suspended in the canopy of its lush garden, with water views,’ the designer told Homes to Love.

Working closely with Johnson, she transformed the old guesthouse into a contemporary family home that still honours its bohemian past.

Johnson explained they added new verandahs, an inside-outside bar with an awning, and improved light flow with French doors.

The interiors boast white timber walls and sun-bleached floors which offset natural textures and earthy tones.

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Soft terracotta, honeyed wood, rope trims, and terrazzo create warmth throughout.

There’s a gentle quirkiness too – a pink Carlo Scarpa ‘Argo’ table, vintage cane chairs and coarse timber furniture.

The effect is deeply personal, a reflection of Folk’s design ethos of beauty through craftsmanship and imperfection.

Outside, the home’s pea-green exterior contrasts elegantly with white balustrades and shutters, blending seamlessly into the tropical garden that cascades down toward the lake.

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Beyond the verandahs, a magnesium-tiled pool glistens beside a hardwood pool house designed for a future sauna.

Tiered gardens planted with mango, avocado, guava, fig, and citrus trees create a sense of abundance, while stone walls and outdoor lighting frame the landscape at dusk.

Just a short drive away lies Noosa, with its boutiques, beaches, and restaurants, while nearby Pomona and Kin Kin offer weekend markets and country charm.

Perhaps what sets Le Bateau Ivre apart is its atmosphere – a softness to the space and a lived-in vibe that can’t be replicated.

Whether imagined as a permanent residence, an artist’s haven, or an exclusive guest escape, Le Bateau Ivre offers something rare on the Sunshine Coast – a genuine blend of artistry, architecture, and tranquility.

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From its hand-built 1930s bones to its modern Mediterranean spirit, it tells a story – and is likely to be snapped up quickly.