194 and 196 State Highway One, Waitahanui, Taupō

Rare dual-title lakefront living

Tender closing at 3:00pm, Friday 13 March 2026 (unless sold prior)
44 Roberts Street, Taupo

Tucked discreetly away from State Highway One and unfolding gently to the water's edge, this exceptional Waitahanui estate delivers a level of scale, privacy and enduring presence that is now rarely found on Lake Taupō.

Held within the same family for more than four decades, this is a truly rare dual-title waterfront holding — a testament to foresight, stewardship and long-term commitment to place. Just ten minutes south of Taupō's CBD, access is via a private panhandle driveway that immediately establishes a sense of seclusion. Beyond the entrance, the property opens across two titles totaling approximately 3,454sqm (more or less), complete with riparian rights and direct access to the lake's pristine shoreline — a combination that is becoming increasingly difficult to replicate.

At the heart of the estate sits a substantial architecturally designed residence, rebuilt in the mid-1990s to replace the original cottage and create a generous, relaxed family retreat. Spanning two levels, the home has been thoughtfully designed to embrace its lakeside setting while catering effortlessly to extended family living and entertaining. Five bedrooms and three bathrooms are complemented by multiple living areas, allowing the home to function equally well as a permanent residence or an expansive holiday escape.

On the ground floor, bedrooms open directly to sheltered courtyards and established gardens, providing privacy and comfort for guests. Living spaces include a spacious formal lounge alongside an open-plan kitchen, dining and family zone, with an additional casual living room offering flexibility for quieter evenings or children's use. The kitchen, finished with stainless steel benchtops and a central island, forms a natural social hub, while polished concrete floors with electric underfloor heating ensure year-round comfort and durability — ideal for lakeside living.

Large doors extend the living areas outdoors to a covered alfresco dining space, just metres from the water's edge, creating a seamless connection between home and lake. From here, the lifestyle truly comes into its own. With riparian rights and direct shoreline access, a 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. Upstairs, bedrooms enjoy enhanced privacy and access to their own balconies, while the master suite occupies a coveted lakeside position, offering ever-changing views and the calming soundtrack of the water below.

Practical considerations are equally well addressed, with a large garage/boat shed, workshop, storage and wood sheet adjacent to the home providing secure storage for vehicles, boats and recreational equipment. The neighbouring title further enhances the sense of scale, featuring manicured lawns, a pétanque court and a separate guest cottage that offers flexible accommodation for visitors or extended family and an additional garage. This additional open space not only elevates the lifestyle on offer but also presents future flexibility rarely available on the lakefront. The location completes the picture, 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 — a premier Lake Taupō offering that combines riparian access, dual titles, exceptional privacy and proximity to town. A property of this calibre, scale and permanence is seldom available, making this a truly enduring lakeside legacy.