This stunning four bedroom home is located a few minutes walk from gorgeous Lake Karapiro and will appeal to a wide range of prospective owners. Currently run as a boutique B and B, you could continue to run as a successful business, allow your family to move in and enjoy the spacious home and grounds, or perhaps use as a retirement retreat with enough room to accommodate visiting friends and family.Sitting on 6,353sqm, the property is only a five minute drive from the picturesque Waikato town of Cambridge with its antique stores, cafes and farmer's market. As you turn off the main highway towards the Lake you are surrounded by majestic oaks and other trees, supporting the abundant bird life in the area.The house is tucked down a private lane with views over beautiful landscaped lawns, gardens and its own tree lined gully.Inside a spacious tiled entrance foyer is big enough to double as dining area for BandB guests and this flows into a light and airy double height family living pavilion. Here the elegant kitchen is fully set-up for passionate foodies with double oven, free-standing gas stove, copious storage and bench space plus a clever butler's pantry to hide away appliances and dishes. The open plan dining and living spaces flow to the outdoors and a covered portico complete with water feature, full of water lilies during summer. A cosy media or additional lounge room is enhanced with gas fire for winter nights in. The master suite is orientated to capture views down the gully with double sliding doors easily pulled back to allow the garden indoors. The spa bath in the ensuite also embraces these views with bifold windows and is the ideal spot for a glass of wine at the end of the day. An office, guest toilet plus plenty of storage are also incorporated at this end of the house.The three bedrooms currently used for guest accommodation are located in a separate wing connected via a hallway to the main house and triple car garage. Each one has a high quality finish with its own ensuite, fridge, TV, air conditioning and access to a pretty courtyard. There is also separate external access and a large concrete parking area for guest cars or your own additional vehicles.Located within an enclave of similarly high calibre homes, yet still with a country feel, the current owners say they have fantastic neighbours and love the bird life in the area. A gorgeous slice of paradise to make your own, with numerous possible living scenarios.Click here to view the photo tour Stay up to date with my fortnightly email newsletter PROPERTY PULSE. I will keep you informed of the latest properties for sale and the most recent sales. If you would like a copy, please email me and put Property Pulse Newsletter in the subject line. It's a great way to hear about new listings and to keep up to date with the local property market.