How should I invest $200K from a Home Sale if I'm Not Buying Another Home for a Couple Years?

Hi everyone, I will be selling my primary home and will have \~$200,000 in proceeds. I don't plan on purchasing another home for at least a couple of years. We opted to rent for a while instead. I'm looking for advice on the best way to manage or invest this money in the meantime.

Some considerations:

* I want to keep the funds relatively accessible in case my plans change.
* I'm open to different types of investments but prefer something with a good balance of risk and return.
* Any tax implications I should be aware of?

Thanks in advance.