Key Takeaways:
- The family of late philanthropist Richard Izard is selling his multi-million-dollar Taupō home.
- The 865sqm home, designed by Fraser Cameron, offers panoramic views of Lake Taupō and features a luxury finish.
- The property also includes a caretaker’s residence next door, with the two properties having a combined RV of over $7m.
- The estate boasts stunning lake and mountain views, a swimming pool and spa, a boat shed, and a seven-car garage.
- The properties have access to the gated community’s shared tennis courts, boat ramps, and helicopter pad.
Introduction to Richard Izard’s Estate
The family of late philanthropist Richard Izard is selling his multi-million-dollar Taupō home, which is located in the exclusive Whakamoenga Point overlooking Lake Taupō. Izard, who made his fortune from making tungsten carbide-tipped sawblades and then gifted millions to charity, died in January 2024, aged 89. His estate, which includes a luxury home and a caretaker’s residence, is up for grabs, with a combined rating valuation (RV) of over $7m.
The Luxury Home
The property’s owner, philanthropist Richard Izard, died in January 2024, aged 89. The estate boasts a luxury finish and stunning views of the lake. The 865sqm home, designed by award-winning architect Fraser Cameron, represents the pinnacle of luxury living. Every room captures sweeping panoramas across Lake Taupō to the iconic volcanic peaks of Mount Ruapehu, Mount Tongariro, and Mount Ngauruhoe. The four-plus-bedroom home, clad in Hinuera Stone and cedar, is one of 56 properties in the neighbourhood and sits on a 4436sqm section.
The Caretaker’s Residence
Next door to the main residence is the five-bedroom caretaker’s residence, which is described as "private, tranquil, and impeccably designed". The caretaker’s residence is also up for sale, with the two properties being sold separately. The caretaker’s residence is a beautiful home in its own right, with stunning views of the lake and surrounding mountains.
Amenities and Features
The properties boast stunning lake and mountain views, a swimming pool and spa, a boat shed, and a seven-car garage, in which Izard stored his collection of classic Audis and Bentleys. The properties also have access to the gated community’s shared tennis courts, boat ramps, and helicopter pad. Close by are two world-class golf courses and an international motorsport track.
Sales Expectations
Listing agent Penny Lyons, from New Zealand Sotheby’s International Realty, expects Izard’s house to sell for well above $5m and believes it will be of interest to both local and overseas buyers. The listing of Izard’s home follows the sale of the Taupō bach owned by another wealthy New Zealand family. The three-bedroom “fisherman’s cottage”, which sits on 1.21ha of land on the Western Bays of Lake Taupō, had been a holiday getaway for the Richwhite family for more than 100 years.
Conclusion
The sale of Richard Izard’s Taupō home is a rare opportunity for buyers to purchase a truly unique and luxurious property in one of New Zealand’s most beautiful locations. With its stunning views, luxury finish, and extensive amenities, this property is sure to attract interest from buyers around the world. Whether you’re looking for a holiday home, a permanent residence, or a investment opportunity, this property is definitely worth considering.
