8 Scenic Heights, Acacia Bay, Taupo

Nestled in the picturesque Acacia Bay, Taupo, 8 Scenic Heights boasts a stunning 5-bedroom residence on a freehold section of 1012sqm. Constructed with a mix of materials and an iron roof, this early 20th-century home is in good condition both inside and out. It features a floor area of 242sqm, 2 car parks, and is situated on a contour that offers an easy to moderate rise, sheltered from the prevailing winds with all-day sun. The property has seen a significant Capital Value increase of 61.43% from $700,000 in 2019 to the current CV of $1,130,000 as of July 2022. The HouGarden AVM estimates the property at $1,102,500, while the latest sales were recorded at $1,240,000 in 2024 and $758,000 in 2020.

For families, the property falls within the decile 5 school zones of both Taupo School and Taupo-nui-a-Tia College, ensuring quality education for all ages. The property's highlights include an expansive deck for entertainment, floor-to-ceiling windows that frame the ever-changing lake and mountain views, and a large master suite, making it an opportunity not to be missed.

With a prime location, minutes from the Taupo town center, and a CV growth that outpaces the market, this property is set to attract attention from those seeking both a beautiful home and a sound investment in one of New Zealand's most stunning locations.

Updated on August 14, 2024