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336 Lake Terrace, Two Mile Bay, Taupō

Price by Negotiation

6

5

3

525m²

1,354m²

Living without compromise

This is more than a home — it is a statement of refined living.

Set on the coveted waterfront of Two Mile Bay, this architectural masterpiece delivers an unmatched blend of contemporary elegance and timeless natural beauty. From the moment you arrive, the bold exterior of sleek black lines, softened by timber and stone, sets the tone for what lies beyond — a home where every detail has been meticulously considered, and every space designed to impress.

The pivot front door opens to an entrance defined by a striking feature rock wall, a design element that flows seamlessly from outside in, creating an immediate sense of continuity and sophistication.

Upstairs, the home reveals its true heart. Expansive lake views frame every angle, drawing the outdoors in. The sleek black kitchen, accented with warm timber and stone, is a showcase in modern design, further elevated by a large scullery. Skylights bathe the kitchen in natural light, while a dramatic statement chandelier becomes the centrepiece above. The dining area is elevated with its own bespoke cocktail bar - the ideal space for entertaining in style.

The living space is both elegant and inviting — gas fire warmth, soaring ceilings, and a perfect balance between grandeur and intimacy. Refined office den, adorned with plush plaid carpet, opens directly onto the deck and creates the ideal retreat for work. This level also hosts three luxurious bedroom suites, each with its own ensuite. And then there is the master suite — flooded with natural light, it flows effortlessly into a generous walk-through wardrobe before revealing a stunning ensuite, featuring a freestanding bath, double basins, and a large, elegant shower.

Delicate textures, earthy tones, and layers of design detail harmonise throughout, giving the home its distinctive sense of creativity and character.

The ground floor is designed perfectly for independent living, offering flexibility to be closed off and utilised as guest quarters or space for extended family. Featuring a rumpus room complete with a kitchen and amazing lake views, this level is joined by three generous bedrooms that provide comfort and privacy, two enjoying the same magnificent outlook. High-stud ceilings and abundant natural light amplify the sense of space, while two beautifully tiled bathrooms and thoughtfully designed laundry complete this wing of the home highlighting the precision in functionality.

A fully carpeted three-bay garage with offers more than just parking — it includes a dedicated gym, extensive storage, and a bespoke workshop/storage space, complemented by a garden and tool shed beside raised rusticated corten steel framed garden beds. Beyond this, the property includes a separate rear section, offering immense opportunity for future development or to simply keep as is and have more room to enjoy.

This is not just high-end living. This is a home designed without compromise — a residence that delivers on every want and every need. From the artistry of its architecture to the richness of its interiors, it is a property that inspires and captivates at every turn.

Additional details

Type

House

Property ID

2655861

Listed on

18/09/2025

Updated

2 days ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 81 days (last updated on 18 September) and was last sold in 2022. OneRoof now estimates this property to be $3,300,000 and its latest rating valuation by Taupō council is $3,860,000 as of 2022. This property has appeared in 3982 searches in the last 30 days. There are 5 6-bedroom properties for sale nearby. There are 64 properties for sale in Two Mile Bay.

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Price by Negotiation

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6

3

2

Property data

Broadband available

Floor area

495m²

Land area

780m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Taupō, Taupō

Taupo is a suburb which lies within the Territorial Authority of Taupo, one of 32 residential suburbs which form the wider region. Taupo is the largest suburb of Taupo in terms of the total number of residential housing stock. Taupo provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Taupo is made up of approximately 95% residential housing and 5% residential investment housing properties.

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