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171-191 Millar Road, Lake Okareka, Rotorua

Tender, 25 Feb 2026 15:00

5

4

2

337m²

64.82ha

Three Titles. One Extraordinary Opportunity.

Set high above the shimmering waters of Lake Ōkāreka, with the commanding presence of Mount Tarawera forming a dramatic natural backdrop, this is a landholding of rare scale, beauty and versatility.

Offered by tender on Wednesday 25 February at 3.00pm, this remarkable property spans three separate titles, delivering a combined lifestyle offering that is quite simply unmatched. One remarkable offering, or two exceptional opportunities - 171 and 191 Millar Road may be secured together or separately.

The journey begins through a stylish electric gate, followed by a picturesque 1.7 kilometre private climb, winding gently through established plantings and rolling hills. The sense of arrival is unmistakable - anticipation builds with every turn.

At the summit sits the primary residence at 191 Millar Road -a breathtaking 337 square metre, two-level home that has undergone a superb transformation, with no expense spared and every detail thoughtfully curated. The view across Lake Ōkāreka is nothing short of spectacular - expansive, elevated and ever-changing surrounded by native planting and the sound of native birdsong year round.

Cathedral timber sarked ceilings immediately draw the eye, guiding attention to the striking picture window where the lake appears to stretch endlessly below. There is a genuine sense of floating above the water.

The main living pavilion is exceptional - a grand yet welcoming space incorporating a central dining area, generous lounge, and an intimate nook overlooking the resort-style inground swimming pool and spa. This zone evokes the atmosphere of a private retreat - relaxed, luxurious and effortlessly connected to its surroundings.

The designer kitchen and scullery are beautifully appointed, perfectly laid out for both everyday living and entertaining, and equipped with all the features expected of a gourmet space - all while enjoying sweeping lake views.

The master suite is a private sanctuary, positioned separately for peace and privacy. A walk-in robe, elegant ensuite and sublime morning outlook complete this lush and restful space. The main level also incorporates two further bedrooms and a well-appointed family bathroom.

Upstairs, a fully self-contained wing offers outstanding flexibility - two bedrooms, a lounge, kitchenette and bathroom - ideal for extended family, guests or independent living.

Oversized internal garaging and utility garaging complete the primary dwelling, providing excellent storage and practicality.

Across this approximately 54 hectare title, 21ha of easy country is deer fenced and divided into 20 well-managed paddocks, with the balance in established native and production forestry, all thoughtfully configured to balance productive use with natural beauty.

The property is well supported by an established easy care livestock operation, currently running, 60 Red Deer breeding hinds and replacements, finishing 55 venison annually and 12 rising two-year-old steers. The grazing area and facilities could alternatively run sheep or cattle.

The second title, 171 Millar Road, hosts the much-loved “Red Barn” - an exceptional and character-rich accommodation option sleeping up to fourteen guests. A proven holiday retreat, this 9.5 hectare (more or less) title also presents Airbnb potential, offering both income and future flexibility, or a unique family home for extended family.

The third title presents a truly rare opportunity – 8,015sqm (more or less) of flat, easy bare land at Lake Ōkāreka, an increasingly scarce commodity. Whether held as a strategic landbank, lifestyle addition or future development opportunity, its value is undeniable.

This is not simply a property - it is a legacy offering. A place of scale, privacy and extraordinary outlooks, where lifestyle, land and location combine in perfect harmony.

Three titles. One vision. An opportunity that may not be repeated.

Additional details

Type

Lifestyle Property

Property ID

2451652

Listed on

21/01/2026

Updated

yesterday

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Listed for sale on OneRoof for 1 days (last updated on 21 January). This property has appeared in 3155 searches in the last 30 days. There are 5 properties for sale in Lake Okareka.

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Lake Ōkareka, Rotorua

Lake Okareka is a suburb which lies within the Territorial Authority of Rotorua, one of 45 residential suburbs which form the wider region. Lake Okareka is the 28th largest suburb of Rotorua in terms of the total number of residential housing stock. Lake Okareka provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1930 - 1939. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Lake Okareka is made up of approximately 88% residential housing , 5% residential investment housing and 7% lifestyle properties.

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