22A and 22B Pipi Street, Two Mile Bay, Taupo, Waikato

Set on an expansive 2009 sq m site in the sought-after Two Mile Bay area, this exceptional lake view estate presents a rare and versatile opportunity, two dwellings available, offering flexibility for extended family living, guests, or lifestyle income.

The primary residence is a 417 sq m architectural masterpiece by Jimma Dillon, capturing timeless Hamptons elegance infused with Taupo’s relaxed coastal character. Elevated above the lake, the home has been thoughtfully designed to frame sweeping views while celebrating craftsmanship, sophistication, and natural beauty in perfect harmony.

Inside, generous proportions and seamless indoor-outdoor flow define the living spaces. The open-plan living area features soaring raked ceilings with high studs, an integrated sound system inside and out, and a striking open fireplace that flows effortlessly to the outdoor entertaining area, complete with its own matching fire, ideal for year-round enjoyment.

At the heart of the home, the chef's kitchen is a true design statement. A limestone island bench imported from France anchors the space, complemented by a stainless-steel bench-top, bi-fold windows opening directly to the sun-soaked deck, a Falcon double oven with gas hobs, and a large wet scullery that makes entertaining effortless. Three substantial bedrooms each open to the wraparound deck, embracing lake views and abundant natural light. The master suite features a luxurious fully tiled en-suite with walk-in shower, while the family bathroom reflects the same refined finish. A separate laundry adds everyday practicality.

Throughout the home, aged wide totara floorboards, cedar cladding, and Virginia Fisher designed bottle chandeliers add warmth, character, and timeless appeal. Downstairs, robust engineering is on full display, with concrete block construction and full tilt-slab design providing strength and durability rarely seen today. The triple-car garage offers exceptional space for vehicles and a large boat, a true Taupo essential, all conveniently accessed via an internal lift.

Complementing the main residence is 22A Pipi Street, a beautifully appointed secondary dwelling tucked away in a peaceful, private setting. This home offers two generous double bedrooms, including a master with private en-suite, along with a modern family bathroom. Built with premium materials throughout, it reflects the same commitment to quality and thoughtful design. Enjoy easy indoor/outdoor living with a covered deck, perfect for relaxing or entertaining, overlooking low-maintenance gardens that allow more time to enjoy the surrounding lifestyle. An internal access single garage provides secure parking and excellent storage, while a heat pump ensures efficient heating and cooling year-round.

Outdoors, landscaped gardens, manicured lawns, and established trees create a tranquil sanctuary, enhanced by seasonal plantings and fruit trees that strengthen the connection to nature. Despite the sense of seclusion, the property is just a two-minute walk to the lake and the popular Lions Walk, offering the perfect balance of privacy and convenience.

This is a truly rare opportunity to secure a premium dual-dwelling lake-view estate in one of Taupo’s most desirable locations, where architecture, engineering, lifestyle, and flexibility unite in perfect balance.

DEADLINE SALE: Closes 12:00 p.m. Friday 20 February 2026 (unless sold prior)