888sqm (more or less) of medium density land, metres from the lake front, Two Mile Bay boat ramp and Sailing centre. With a charming character-filled five-bedroom cottage, boasting sensational lake views, this property is offering what everyone is looking for.
Perhaps you want a solid place to plant your money where the location and home ooze holiday fun, or for those looking for a development opportunity. Medium density zoning allows for 100% plot ratio, maximising your investment. With those amazing views and a sensationally sunny site, there is potential galore. The supersized 75sqm (more or less) garage will keep all the lake toys tucked up safe, and there's plenty of off-street parking for the boat or camper.
The home itself is an absolute joy, wooden-framed French doors open out to a balcony off the living area, and all you can see is the sparkling blue of the lake. Morning sunshine streams into the kitchen, and refurbishments have happened over the years, offering a very comfortable home. On the upper level, you'll find open plan living, dining and kitchen, two bedrooms, a tucked-away laundry and a family bathroom, complete with a luxurious clawfoot bathtub. The master bedroom and living take in the picturesque views, a wonderful outlook for your morning cuppa.
Downstairs with internal access is a further three bedrooms, a second bathroom and a living area as well as a laundry room. A great teen retreat or for an extended family. There could even be an income option if need be. The lower level has French doors that open out to a patio area and garden, also taking in the same lake views.
There is a large backyard, big enough to kick a ball around, or potential to subdivide, subject to council consent. There is a heat pump and panel heaters for winter warmth, an awesome deck and the lake just metres away for summer fun. Simply arrive and put the keys away, with restaurants, cafes and the supermarket all within walking distance, be on the Lions walk within minutes for bike rides and picnics. There's plenty of space for everyone to have their own peaceful spot in this home, and with the added value of this superior medium-density zone, you can feel confident you are investing in a property that has huge potential.
Properties such as this one very rarely come on the market; do not let this opportunity pass you by. We are confident this home will be snapped up by a savvy buyer, quick smart.
Call Rach and Kylie at Ray White Taupo to find out more today.

To be Sold by Tender - Closing Wednesday 24th June 2026 at 12.00 pm (unless sold prior)

This property is being sold via Tender or without a specified price; therefore, a price guide cannot be provided. The vendor can enter a sale contract before the Tender date or change the date at their discretion. To stay informed, register your interest with our Agency.

https://rwtaupo.co.nz/properties/residential-for-sale/taupo-district/two-mile-bay-3330/house/3513031