358 Lake Terrace, Two Mile Bay

Quietly set above the shoreline of Two Mile Bay, this elevated retreat delivers a rare combination of privacy, sun and sweeping lake views. Reached via a tree-lined driveway and secured by an electric gate, the home enjoys a peaceful, tucked-away feel while remaining firmly connected to the lake and town. From its north-facing position, the outlook stretches across the water to Acacia Bay and beyond to Taupo’s town centre, with changing light, sunsets and evening reflections providing a constantly evolving backdrop. Despite the elevated setting, the lake edge is just moments away with the Two Mile Bay boat ramp within sight and the Kokomea Shopping Centre a convenient walking distance. Designed with flexibility in mind, the five-bedroom, four-bathroom home caters effortlessly to families, extended stays and guests. The main residence on the upper level is arranged to maximise both sun and views, with generous living spaces. A well-appointed kitchen anchors the living areas, allowing easy connection with family and friends, while a separate lounge provides a refined space to relax. Accommodation is substantial, with three bedrooms each enjoying their own ensuite, making hosting a breeze. A dedicated office or additional bedroom further enhances versatility for work-from-home living or overflow accommodation. Adding another layer of appeal is the self-contained guest suite on the lower level, offering privacy and independence. Well-presented and previously utilised for short-stay accommodation, it provides an excellent option for guest lodging or generating supplementary income. Completing the picture is internal-access triple garaging, with room for vehicles and lake toys to make the most of this exclusive lakeside location. Whether envisioned as a permanent home, a lock-and-leave retreat, or a private haven with income potential, this is a property that offers scale, serenity and an enviable position by the water, all just minutes from the heart of Taupo. TENDER: Closes 12:30pm Wednesday 4 March 2026 NZSIR Taupo Office (unless sold prior)...