Rare dual‑title Lake Taupō estate released

Tucked quietly away from State Highway One and opening out to the water’s edge, this exceptional Waitahanui property offers a level of scale, privacy and permanence that’s becoming increasingly difficult to replicate on Lake Taupō. Held by the same family for more than 40 years, it is a rare dual-title waterfront estate that reflects a true long-term commitment to place.

“This is one of those properties where the length of ownership tells the story,” says Bayleys Salesperson Grant Bayley.

“The current owners recognised the value of this location decades ago rebuilding it from a small cottage into what it is today, and opportunities to secure this amount of waterfront land, so close to Taupō, are now exceptionally limited.”

Located just ten minutes south of Taupō CBD, the property is accessed via a discreet panhandle driveway that immediately creates a sense of seclusion. Beyond the entrance, the land opens across two titles totalling approximately 3,454sqm (more or less), complete with riparian rights and direct access to the lake’s pristine shoreline.

“The dual-title aspect is a real standout, it gives buyers flexibility - whether that’s future development potential, or simply enjoying the luxury of space and privacy that’s almost impossible to find on the lakefront today.”

“Either way it’s a space where memories are made, with the current owners having enjoyed a number of milestone moments at the property - including 21st birthdays and weddings.”

At the heart of the holding is a substantial architecturally designed residence, constructed in the mid-1990s as a relaxed yet generous family retreat. Spanning two levels, the home has been thoughtfully planned to embrace both its lakeside position and the needs of extended family living. Five bedrooms and three bathrooms are complemented by multiple living areas that allow the home to function equally well as a permanent residence or an expansive holiday escape.

“The layout works beautifully for families as well as entertaining.”

“There are several living zones, so you can host larger gatherings without compromising everyday comfort, and the connection to the outdoors is seamless.”

On the ground floor, bedrooms open directly to sheltered courtyards and established gardens, creating private spaces ideal for guests. Living areas include a spacious formal lounge alongside an open-plan kitchen, dining and family zone, with an additional casual living room offering flexibility for children or quieter evenings. The kitchen, finished with stainless steel benchtops and a central island, is designed as a natural hub for socialising.

Polished concrete floors with underfloor heating provide year-round comfort and durability, perfectly suited to lakeside living. Large doors extend the living spaces outdoors to a covered alfresco dining area only meters from the waters edge.

Upstairs, bedrooms have elevated privacy and their own balconies, while the master suite occupies a prized lakeside position.

“The upstairs master is something special, because you’re waking up with the lake right there. The sound of the water and the view never gets old”

Practicality is well catered for with a large garage adjacent to the home, offering secure storage for boats, water toys and additional vehicles. The neighbouring title enhances the sense of scale, featuring manicured lawns, a pétanque court and a separate guest cottage that provides flexible accommodation for visitors or extended family stays.

“Having that second title largely as open space really elevates the lifestyle on offer and gives the property a resort-like feel, while still leaving options open for the future.”

A small boat can be launched from the property’s boat ramp straight into Lake Taupō, allowing effortless access to the water at a moment’s notice.

“Summer days are spent enjoying the beach and lake - swimming from the shore, water skiing and boating across the open water, or fishing with family and friends as the day draws to a close.”

“The gently sloping lake edge and sheltered frontage create a natural playground, delivering the kind of classic Taupō lake lifestyle that is increasingly hard to find.”

The location further strengthens the property’s appeal, with Taupō’s cafés, dining and boutique shopping within easy reach, and the renowned Waitahanui River just a short stroll away.

“This is a generational opportunity. It’s rare to find a waterfront property of this size, with riparian access, dual titles and such a strong sense of privacy, all so close to town. It’s the kind of holding that simply doesn’t come along very often.”

A premier Lake Taupō offering, this Waitahanui estate presents an exceptional chance to secure a significant and enduring piece of one of New Zealand’s most tightly held waterfront locations.