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Our owners are ready for their next move and are highly motivated to see this property sold - bring us your offers today! Positioned in one of the Bay of Islands' most coveted and tightly held locations, this expansive residence on the Te Wahapu Peninsula delivers a masterful balance of luxury, privacy, and incredible income versatility. Perched upon 1.0403 hectares (more or less) of manicured grounds and native bush, the home commands spectacular, sweeping sea views reaching over Pomare Bay, across to Matauwhi Bay, and towards the historic Russell township. If you have been waiting for a blue-chip coastal sanctuary where the owners are genuinely ready to meet the market, this is your ultimate opportunity. Designed with both entertaining and practical living in mind, the residence features soaring high ceilings and a generous open-plan layout that leaves a lasting impression. A cozy Kent-style fireplace, multiple heat pumps and ceiling fans ensure year-round climate control, while the stunning, high-spec kitchen stands ready to delight the home chef. The accommodation is impressive, highly flexible, and a massive asset for anyone looking for income potential. Five spacious bedrooms, each featuring its own private ensuite, offer the ideal setup for extended family living, premium guest hosting, or immediately stepping in to continue the property's successful history as a Bed & Breakfast. The indoor-outdoor flow is completely effortless. Expansive decks and multi-level entertaining areas capture the breathtaking ocean vistas, complete with a luxurious spa pool for the ultimate sunset soak. For windier days, a beautifully sheltered rear courtyard provides a tranquil, private retreat. Practicality and eco-efficiency match the beauty of this home. Built with ultra-durable, low-maintenance Palliside weatherboard, the home features solar panels that feed back into the grid, resulting in a mind-blowing average power bill of just approximately $17 per month! Vehicles and water toys are well catered for with both a single and a double garage, plus ample off-street parking. The standout features keep on giving: direct water access via a walkway through the neighbouring reserve leads you straight to the beach, and a 2-tonne mooring is available by negotiation. The property also boasts mature fruit trees, established native bush, and exciting future subdivision potential (subject to council approval). Opportunities of this caliber in this location are rare, and with motivated sellers, this property will not sit on the market. Do not hesitate - contact me right now to secure your slice of paradise! Contact Emma Rich at New Zealand Sotheby's International Realty today.