Sold on 23 Oct 2025

287 Lake Terrace, Two Mile Bay, Taupo

SOLD: $1,905,000

3 Beds
2 Baths

Unit Title

122m² more or less

3 Bedrooms

2 Bathrooms

1 Garage parking

Yes

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HomesEstimate

Updated: 14 May 2026

$1.76M - $1.98M

What is the HomesEstimate?

RentEstimate

Updated: 03 Jun 2020

$580 - $670 /week

Rental yield

1.7%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

23 October 2025

Sold

$1,905,000

01 July 2022

Capital Value

$1,800,000

01 July 2019

Capital Value

$1,110,000

01 July 2016

Capital Value

$965,000

01 July 2013

Capital Value

$920,000

07 April 2006

Sold

$1,075,000

03 October 1994

Sold

$380,000

29 September 1988

Sold

$235,000

01 January 1980

Decade built

1980

Local Schools

IN ZONE waipahihi school
20 Parata Street
732 m
Contributing (Primary), State, 387 enrolled
IN ZONE taupo intermediate
22 Kotare Street
1.8 km
Intermediate (Intermediate), State, 523 enrolled
IN ZONE tauhara college
101 Invergarry Road
2.3 km
Secondary (Year 9-13) (Secondary), State, 687 enrolled

UNZONED central kids kindergartens - waipāhīhī
21 Frederick Street
806 m
Free Kindergarten (Early Childhood), Community based, 43 enrolled
OUT OF ZONE hilltop school
88 Rokino Road
1.3 km
Full Primary (Primary & Intermediate), State, 573 enrolled
UNZONED lake taupo christian school
42 Kiddle Drive
2.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 126 enrolled
UNZONED taupō family playcentre
133 Taharepa Road
2.4 km
Playcentre (Early Childhood), Community based, 40 enrolled
UNZONED central kids kindergartens - hinemoa
61 Hinemoa Avenue
2.5 km
Free Kindergarten (Early Childhood), Community based, 40 enrolled
OUT OF ZONE tauhara school
90 Crown Road
2.6 km
Contributing (Primary), State, 239 enrolled
UNZONED te kōhanga reo o atawhai
Tauhara School 3 Crown Road
2.6 km
Te Kōhanga Reo (Early Childhood), Community based, 22 enrolled
UNZONED central kids kindergartens - laughton
29 Laughton Street
2.8 km
Free Kindergarten (Early Childhood), Community based, 49 enrolled
OUT OF ZONE taupo school
99 Tamamutu Street
2.8 km
Contributing (Primary), State, 475 enrolled
OUT OF ZONE mountview school
31 Rangatira Street
3.2 km
Full Primary (Primary & Intermediate), State, 357 enrolled
OUT OF ZONE taupo-nui-a-tia college
122 Spa Road
3.4 km
Secondary (Year 9-13) (Secondary), State, 1238 enrolled
UNZONED tkkm o whakarewa i te reo ki tuwharetoa
56 Waikato Street
3.5 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 182 enrolled
UNZONED st patrick's catholic school (taupo)
86 Acacia Bay Road
4.2 km
Full Primary (Primary & Intermediate), State : Integrated, 246 enrolled
UNZONED te kura o waitahanui
107 State Highway 1
8.5 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 75 enrolled
UNZONED reporoa college
45 Massey Road
37.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 196 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.