Back 16 Caernarvon Street
Off Market

16 Caernarvon Street

Arrowtown Otago

3
1
1
164 m²
1012 m²
House
Hamish WalkerHamish Walker, last sold this property on 27 March 2026 after 21 days on market.

Overview

Iconic Arrowtown Cottage on 1,012m2 (+/-)

Elevated, sunny and positioned in one of Arrowtown's most sought-after streets, this historic property presents a rare opportunity in an exceptional location. Dating back to around 1878, the charming cottage sits on a generous 1,012m² (more or less) site, just a short 300m stroll from Arrowtown's main street. Known locally as O'Callaghan's Cottage, the home forms part of Arrowtown's rich heritage and character. The original cottage offers two spacious bedrooms alongside an open-plan kitchen and dining area. In the late 1970s, a loft bedroom was added above the original stone stable block, creating a distinctive additional space full of charm. Around 1991, a considered extension linked the two historic stone buildings and introduced a comfortable living room, along with a separate bathroom and toilet. The living space is warm and inviting, featuring both a wood burner and heat pump for year-round comfort. During this time the home was also upgraded with modern wiring, plumbing, ceiling insulation and a new roof. Set on an elevated, sun-filled site, the property provides exciting possibilities for the future. Whether you choose to enjoy the cottage as it is, undertake further enhancements, or explore architectural options, the setting offers outstanding potential. This Category 2 listed property is a special piece of Arrowtown's past, with a location that is unbeatable.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
164 m² floor area
1012 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Arrowtown over the last 12 months, the estimated median property value of 16 Caernarvon Street is $2.04m.

Median value
$2.04m
Estimated value range
$1.4m - $4.18m
Median days on market
28
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Arrowtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Caernarvon Street

2026
Sold
Undisclosed
27 Mar 2026 by Hamish Walker, of Walker & Co Realty (AndCo Realty 19 Limited)
2024
Sold
28 Aug 2024 by Nathan Imlach, of Sotheby's International Realty New Zealand Sotheby’s International Realty – Arrowtown

Happy sellers in Arrowtown

63%
63% of sellers in Arrowtown reported that their sale price either exceeded or met their price expectations.

Arrowtown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Arrowtown over the last 12 months.

Local market activity for 3 bedroom houses in Arrowtown

In the last 12 months, 20 three-bedroom houses similar to 16 Caernarvon Street, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

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