Lake edge, lock-up-and-leave, and lifestyle that doesn't sit still.
Rainbow Point and Wharewaka have long been Taupō's quiet favourites, offering a short stroll to the water, minutes from the boat ramp, and tightly held by owners who rarely let go. A handful of homes across both neighbourhoods are on the market now, each offering easy-care living within reach of the lake.
With prices from $800,000 to upwards of $1.3 million, this is a genuine opportunity to secure a foothold in one of Taupō's most sought-after holiday markets, whether that's a weekend base, a future retirement spot, or an investment with long-term appeal.
$800,000 to $1.3 million | Rainbow Point & WharewakaCurrent listings
Five homes, two neighbourhoods, one exceptional stretch of lake
Rainbow Point
2/26 Aubrey Crescent
A fully renovated two-level home, light-filled and ready to move straight into, with the option to purchase furnished. Downstairs offers two double bedrooms and a bathroom for family or guests, while upstairs opens into a sun-drenched kitchen, dining and lounge with lake views and a veranda made for entertaining, moments from the sailing club.
Set Sale Date, closing 12pm Friday 31 July 2026 (unless sold prior)
Enquire now
Rainbow Point
2/29 Oregon Drive
North-facing lake views from the main living areas and deck, an upstairs master suite for genuine separation, and easy-care grounds designed for spending time enjoying Taupō rather than maintaining a section.
Set Sale Date, closing 12pm Wed 29 July (unless sold prior)
Enquire now
Rainbow Point
2/7 Kathleen Place
Tucked into a quiet cul-de-sac off Oregon Drive, moments from the Lions Walk and Two Mile Bay Sailing Club, in the kind of lock-up-and-leave position that's rarely available for long in this pocket of Rainbow Point. A single-level brick and cedar home, beautifully presented and low on maintenance.
For Sale by Negotiation
Presented by Grant & Clare Bayley, Bayleys Taupō
Enquire now
Rainbow Point
1/15 Charles Crescent
A two-level family retreat that's welcomed the same family back for twenty years. Open-plan living upstairs around a cosy wood burner, a private lower-level rumpus and bedroom for extra separation, and a separate bunk cabin at the carport for guest overflow, all just a few minutes from the shops, cafés and the lake.
For Sale by Negotiation
Enquire now
Wharewaka
4b Teti Street
Moments from the shores of Three Mile Bay, this easy-care freehold home is a genuinely affordable way into one of the area's most popular lakeside neighbourhoods, with bright, sun-soaked living, a double garage with room for the boat, and the lake practically at the end of the street.
For Sale by Negotiation
Enquire nowWhy Rainbow Point & Wharewaka, why now
Both neighbourhoods sit within minutes of the lake edge, boat ramps, and the Two Mile Bay Sailing Club, the exact ingredients that keep this corner of Taupō tightly held. With five homes moving through the market together and prices starting from $800,000, it's a rare window to secure a holiday base in a location that's typically snapped up before it's properly listed.
Your local contacts
Alison Whittle & Alisa Elsley
Alison Whittle
Residential, Lifestyle & Waterfront Sales
+64 21 961 114
Westerman Realty Ltd, Bayleys,
Licensed under the REAA 2008
Alisa Elsley
Residential, Waterfront & Lakes Sales
+64 21 894 202
Westerman Realty Ltd, Bayleys,
Licensed under the REAA 2008