Israel returns the land it stole ie: the Golan (Syrian land, btw). Jews leave the jewish farms, Kibbutzim, businesses that they've built on stolen land. Syrians can fianlly go home. Syrians whose land is now in Jewish hands get their land back but Israel does not have to pay compensation Syria for Syrians murdered by Israelis since the 1950s. No weapons allowed of any kind for either side (the only sensible thing you said).
Clashes between IDF and protesters in Bethlehem and East Jerusalem (Reuters)
from the article: Switzerland says it mediated in informal Israel-Syria peace talks