The ultimate flexible family home with independent living. It is a lakeside retreat in sought after Two Mile Bay.Truly a treat for independent living, downstairs is set up as a self-contained retreat complete with built-in kitchenette, its own lounge, and seamless flow to a cobbled patio and BBQ area. With both interior and exterior access, this level presents an ideal home and income opportunity, perfectly suited for Airbnb hosting, extended family, or private guest accommodation.Built with three bedrooms, spacious office, three bathrooms, double glazed joinery, gas hot water heating, ample parking areas and fully fenced yard. Capturing all day sunshine , boasting lake and town and Mount Tauhara views. Practicality is equally impressive with large internal workshop off double garaging ideal for hobbies, projects, extra storage, or securely housing all the lake toys. The fully fenced and gated section also provides plentiful off street parking for boats, motorhomes, and visiting guests. Established citrus trees, lemon, orange and grapefruit are a bonus to the easy care grounds. Ultimately, this is more than just a home, it is a lifestyle investment, offering the rare combination of lake views, all day sun, flexible living arrangements, secure grounds, and exceptional proximity to recreation and amenities. Every element has been designed or configured to maximise comfort, usability, and potential.Just a short stroll to the iconic Two Mile Bay Sailing Centre, the ever-popular Lions Walk, and the sparkling swimming bays along the shores of Lake Taupo, this spacious two level home is perfectly positioned for relaxed holiday living or exceptional family comfort.Enjoy the convenience of nearby local shops within easy walking distance, with a supermarket just a short drive away, making everyday living and holiday stays effortless.Superbly located and rich with possibility, this is a property that truly captures the essence of life by the lake.