Back 3/287 Lake Terrace
Off Market

3/287 Lake Terrace

Two Mile Bay Waikato

3
2
1
120 m²
House
Andrew BlewettAndrew Blewett, last sold this property on 10 March 2026 after 138 days on market.

Overview

Kaiwaka Point Lake Terrace – True Lakeside Living

Wake up to the beauty of Lake Taupō right on your doorstep. Located within Kaiwaka Point (a gated community), Unit 3, 287 Lake Terrace is a modern, easy-care home that delivers genuine lakeside living — direct access to the water and YES... stunning views that make this location so special, all within park like grounds. This is a rare opportunity to secure your lake front retreat! The open-plan living area is filled with natural light and opens onto a sunny, private courtyard that’s perfect for entertaining or unwinding after a day on the lake. The kitchen is sleek and functional, flowing naturally into the dining and lounge spaces to make everyday living simple and enjoyable. There are three spacious bedrooms and two bathrooms. Everything is designed for comfort and low maintenance — ideal as a permanent home, an easy lock-and-leave holiday home, or utilize as a high-end Air BnB. The property has a fire box for cosy winters, plus three air conditioning units to keep you and your family and guests’ comfortable summer and winter. Kaiwaka Point is a well-established body corporate which ensures owners enjoy a secure, well-maintained complex with private parking and minimal upkeep. All you have to do is focus on enjoying the lifestyle. Properties with this lakeside setting are hard to find — we invite you to make Unit 3 at Kaiwaka Point your permanent home, retreat, or investment.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
120 m² floor area
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Two Mile Bay over the last 12 months, the estimated median property value of 3/287 Lake Terrace is $800k.

Median value
$800k
Estimated value range
$725k - $1.91m
Median days on market
49
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Two Mile Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/287 Lake Terrace

2026
Sold
10 Mar 2026 by Andrew Blewett, of Tall Poppy Real Estate - Waikato
2023
Sold
$1,530,000
Sold After Auction on 13 Apr 2023 by Alison Whittle, of Bayleys Taupo (Westerman Realty Ltd)

Happy sellers in Two Mile Bay

57%
57% of sellers in Two Mile Bay reported that their sale price either exceeded or met their price expectations.

Two Mile Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Two Mile Bay over the last 12 months.

Local market activity for 3 bedroom houses in Two Mile Bay

In the last 12 months, 7 three-bedroom houses similar to 3/287 Lake Terrace, have been sold.

This represents a 75% decrease in three-bedroom houses sales when compared to the previous 12 months.

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