Superb place. I've stayed for 6 weeks while working near Taupo.
The house has everything that you need for your stay, great to have a full size kitchen. I found the shed downstairs really handy for work gear, and would be great for anyone travelling with sporting equipment, bikes etc.
The house is in a great location with views across the lake but away from the hustle of Taupo itself (and only a few min drive to town). Nice quiet neighbourhood with some nice short walks for the kids/dog. House and furniture is warm and comfortable. I'd be happy to stay again.