Set across 3.12 hectares (more or less) in a peaceful, bush-clad setting, with sweeping lake vistas, this elevated lifestyle property offers privacy, scale, and convenience - just a short drive from Rotorua's CBD, even closer to the lakes and airport, and within easy reach for commuters to Whakatane or Tauranga. A private, gated entrance leads you through a large, mature stand of mixed bush, creating a natural buffer from the road and ensuring uninterrupted privacy. From the home, enjoy elevated expansive lake and rural views, along with a true sense of retreat. The substantial home features open-plan living, a modern kitchen, two bedrooms and a main bathroom on the lower level, as well as a studio or spa pool room and internal access to the garage - currently used for workshop and storage space. Upstairs provides excellent flexibility with two master bedrooms, both with en-suites, and a generous loft with its own kitchenette - ideal for guests, extended family, or potential income. A separate building houses three garages with an upstairs unit offering accommodation, along with a downstairs bathroom. While this space does require full refurbishment to become liveable, it presents great potential. Additional separate large garage/shed. The home is partially double-glazed and the exterior has been painted recently along with the parts of the interior. For those with vision, there is excellent scope to update and modernise the interiors if preferred, taking full advantage of the home's size, layout, and setting. The land has a large portion of mixed exotic and native bush, and flat grazing paddocks areas around the home and near the entrance and a 2 bay open shed ideal for animal shelter or hay and equipment. Water is supplied via a shared bore with a holding tank above the house. The property is part of a newly consented subdivision, with a new title due imminently. Currently tenanted, this is a rare opportunity to secure a private and substantial lifestyle property with outstanding potential to enhance, add value, and generate income. Viewing By Appointment