Back 358 Lake Terrace
Active

358 Lake Terrace

Two Mile Bay Waikato

5
5
3
300 m²
1348 m²
House
Currently for sale - view listing

Overview

Elevated Two Mile Bay Lake Living

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, five-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.

Features

5 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
300 m² floor area
1348 m² lot size
House

Property history for 358 Lake Terrace

2022
Sold
Undisclosed
Private Sale/Treaty on 06 Sep 2022 by Clare Bayley, 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 5 bedroom houses in Two Mile Bay

© 2026 RateMyAgent