Nestled in one of New Zealand's iconic lake locations, this 318sqm (more or less) residence on a meticulously landscaped 2,001sqm (more or less) property in the sought-after Lake Rotoiti area offers an exceptional lifestyle opportunity. This versatile dwelling comprises two independent four-bedroom homes stacked above each other, making it ideal for families seeking a shared investment in their dream holiday retreat or a savvy investor looking for a great rental opportunity. Each home offers privacy and independence, allowing residents to enjoy their own space while sharing the grounds. The ground floor, with its four bedrooms, two bathrooms, laundry, and expansive open-plan living area, is perfect for hosting guests or generating Airbnb/rental income. Sliding glass doors open to a serene outdoor space, inviting summer breezes and indoor-outdoor living. The upper-level residence boasts an open-plan living area that flows seamlessly onto a deck, perfect for relaxation after a day on the lake. The modern kitchen, equipped with a gas hob, wall oven, and serving windows to the deck, makes entertaining a breeze. The master bedroom features an ensuite and walk-in robe, while three additional bedrooms and a family bathroom provide ample accommodation for guests or family. Both homes equipped with large wood-burners for those winter months. Each level offers lovely lake views through majestic Pohutukawa trees, enhancing the sense of tranquility and connection to nature. Launch your kayak or boat from the ramp up the road. The property includes a double garage, suitable for storing a boat, water sports equipment, and vehicles, along with abundant off-street parking. A garden path leads to a secluded lookout nestled in native bush, providing a peaceful retreat to take in the exceptional view or just enjoy the surrounding birdsong and serenity. Located 20 minutes from Rotorua and within easy reach to Tauranga, Lake Rotoiti is internationally renowned for its fishing, hot pools, and diverse water activities. Handy to local amenities, this property presents a rare opportunity to enjoy a unique lake lifestyle in a premier location.