433 State Highway One, Lake Taupo (East), Taupo

Nestled in the tranquil and sun-kissed Waitetoko by Lake Taupo, this charming Lockwood residence boasts a blend of modernity and character. Constructed in 1980 with mixed materials for the walls and iron for the roof, this freehold property sits on a level 825sqm land with a floor area of 202sqm. It features 4 bedrooms, 2 carparks, and an average condition roof and walls. The property's Capital Value (CV) has seen a remarkable increase of 69.03% from $775,000 in 2019 to $1,310,000 as of 2022. HouGarden AVM estimates the property's value at $1,220,000, while the latest sale history shows a transaction at $870,000 in 2024 and $51,800 way back in 1986.

With a versatile layout, the two-story home is ideal for both living and entertainment, offering split living options that cater to holidaying families or homeowners seeking to capitalize on Airbnb opportunities. The upper level enjoys a main living space with a delightful veranda, perfect for lake-side soirees, while the upper bedroom comes with an office for added comfort and privacy. The lower level presents three more bedrooms, a spacious bathroom, separate toilet, laundry, and a second kitchen and lounge area, creating a self-contained haven for guests or extended family. The property grants exclusive access to the shores of Lake Taupo, enhancing the lakeside lifestyle with ample space for family fun and water-based activities.

For families with children, the property falls within a desirable school zone with excellent educational facilities. The location scores highly in terms of decile ratings, ensuring access to top-notch schooling. This Waitetoko retreat offers not just a home but a lifestyle, where the beauty of nature meets the convenience of modern living.

Updated on June 05, 2024