Yes, there were numerous such offers for peace, human dignity and coexistence, all of them reflexively rejected by the right wing nationalists who usually rule Israel.
I'll get to the other offers in a minute, but before that it's important to remember that besides all other peace initiatives, there is also UN resolution 242 which has been in place for decades and which the Palestinians fully accept and are willing to implement at any minute, a resolution which is renewed (voted on) almost every year at the UN, with support of 99% of members, and opposed by only two countries in this entire planet — Israel and USA (the only two countries on the planet who feel that international law does not apply to them, that they are above the law, because they have a special "manifest destiny" and are above the rest of humanity), using USA's veto power to block any possibility of peace, human dignity and justice to prevail in the region (the profoundly undemocratic and unrepresentative nature of the security council — which gives five imperialist countries enormous power over humanity — is a huge subject in its own right which is beyond the scope of this reply)
In addition to resolution 242 which has been on offer for decades and which the Israeli government continuously rejects, there is also the globaly-supported Arab league initiative from the Beirut summit 2002 (which of course includes and is fully supported by the Palestinian authority), that was again extended to Israel in 2007, and once again 2017. In all cases the far right Israeli nationalists responded in a knee-jerk immediate rejection and complete lack of interest. The unprecedented initiative offered (and still offers) 'a peaceful coexistence', full recognition and full normalization of relations between Israel and the entire muslim world, from Indonesia to the Magreb and everything in between, in return for the zionists giving back the land they took away from its local inhabitants which was illegally occupied since 1967, and cessation of hostilities and attempts at dispossession against the local population. The zionists' response was not only complete disinterest, arrogant indifference and rejection of any peaceful coexistence, but was actually much worse — their response was to massively increase and extend the building of supremacist 'for Jews only' settlements and roads on the stolen land!
Exclusionary settlements and roads on stolen land (reserved only for the superior 'chosen ones') which are used as a weapon and strategically placed, so as to intentionally destroy any Palestinian territorial continuity, in order to insure that there would never be any possibility of Palestinian dignity and sovereignty in the West Bank, and to insure that no coexistence would ever be possible (as if the Zionist ideology ever even had the slightest interest in coexistence with the natives of the land that they arrived at. As if they were't trying to push them off the land and take it over for their own exclusive use right from the very first moment when the first zionists arrived in Palestine from Europe).
The far-right Israeli government's response to the peace offer was a de-facto annexation of the stolen land (of course they cannot officially and legally declare they annexed the occupied land and dispossessed its people and have no intention of ever giving it back — because that constitutes a completely illegal theft and it spits in the face of and denies the most basic human rights of millions of human beings), so they can't declare it officially, but de-facto that is what they have done in response to the hand extended to them for peace and dignity.
Here is what Henry Siegman, executive director of the American Jewish Congress, wrote in the Financial Times on April 26, 2007:
"The Arab League meeting in Cairo yesterday was historical and unprecedented in its overture to Israel, giving Israel all that it ever asked for, and offering to meet Israeli representatives to clarify the peace initiative that the League re-endorsed at its meeting in Riyadh on March 28. The two events underscore the complete reversal of the paradigm that for so long has defined the Israeli-Arab conflict…
The Israeli response to this TECTONIC CHANGE in Arab psychology and politics was absolutely catastrophic and worse than rejection: it was complete indifference, as if this 180-degree turnaround in Arab thinking had no meaning for Israel and for the future the region and the world. Tragically, the Israeli prime minister and government have reflexively rejected every Arab peace offer, whether from Saudi Arabia, Syria, the Arab League or Mahmoud Abbas, the Palestinian president. The Israeli governments' policies this past decade have shaped a new paradigm in which Israel is now clearly the rejectionist party. The Arabs' three No's of Khartoum from 40 years ago have now been replaced by the Three Nos of Israel: no negotiations with Syria, no acceptance of the Arab initiative and, above all, no peace with the Palestinians"
And the UN secretary general said:
"The historical Arab Peace Initiative is one of the strongest pillars of the peace process. It sends a clear signal that the Arab world craves peace. The Arabs' hand is outstretched to Israel for a peace, peace that guarantees everyone's safety, dignity and rights. I strongly urge my Israeli friends to not miss this historical opportunity"
The Israeli government ignored him and the rest of humanity and outright rejected the peace initiative.
On March 26, 2012, Israeli Haaretz's journalist Akiva Eldar wrote that Israel's rejection the Arab proposal for peace was the country's "worst mistake and missed opportunity in its entire history "
As an Israeli, I am also intimately aware that the Zionists see the occupied land as land given to them by their sectarian nationalist "God", a god whom they are sure chose them and loves them more than anyone else, and which they think gives them the "divine right" to dispossess others from their home, brutally suppress the desire for freedom dignity and self-sovereignty by non-Jews, and to take ownership over the land, because "that is what God wants" apparently…
My personal experience as an Israeli shows me that ultimately the issue is that the vast majority of Israelis don't see Palestinians as equal human beings, but rather as inferior to us and as less important than us.
It is hammered into our head in a thousand different ways from a very young age, that we, our life and our desires, are more important than anyone else (definitely more than the lowly sub-human Palestinians) because we were born with a certain religious/national label that differentiates us and gives us certain rights and claims over the land, because we're supposedly God's chosen and "God gave us this land"…