Positioned in one of the Bay of Islands’ most coveted locations, this expansive residence on the Te Wahapu Peninsula delivers a masterful balance of luxury, privacy, and versatility. Perched upon 1.0403 ha (more or less) of manicured grounds and native bush, the home commands spectacular sea views reaching over Pomare Bay, across to Matauwhi Bay, and towards the Russell township.Designed with both grand entertaining and practical living in mind, the residence features soaring high ceilings and a generous open-plan layout. A Kent-style fireplace and ceiling fans ensure year-round climate control, while the stunning, high-spec kitchen stands ready to delight the home chef.Accommodation is impressive and highly flexible. Five spacious bedrooms each with its own private ensuite, offer the ideal setup for extended family living, hosting guests, or continuing the property’s successful history as a Bed & Breakfast.The indoor-outdoor flow is effortless. Expansive decks and multi-level entertaining areas capture the sweeping ocean vistas, complete with a spa pool for the ultimate sunset soak. For windier days, a sheltered rear courtyard provides a tranquil retreat.Practicality matches beauty here. Built with low-maintenance Palliside weatherboard, the home is eco-smart, featuring solar panels that feed back into the grid, resulting in an average power bill of just approx. $17/month. Vehicles and toys are well catered for with both a single and a double garage, plus ample off-street parking.Key Features include, water access with a walkway through the neighbouring reserve which leads directly to the beach; 2-tonne mooring available by negotiation. Gardens with mature fruit trees and established native bush and subdivision potential (subject to council approval).This is a rare opportunity to secure a lifestyle of peace and prestige.Contact Emma Rich at New Zealand Sothebys International Realty today.