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Back 19 Paterson Street
Off Market

19 Paterson Street

Mount Maunganui Bay of Plenty

3
1
99 m²
873 m²
House
Matt PowerMatt Power, last sold this property on 23 July 2025 after -1 days on market.

Overview

Build big or subdivide; big opportunity awaits

Savvy investors, builders and developers will recognise this property for the golden opportunity it presents. It’s rare to find a full-sized section just two minutes’ walk from the beach that will have the subdivision work completed by settlement. Lot one has a fully renovated cottage that features two large decks and would make an ideal rental. Lot two offers the full range of possibilities; add a pool or tennis court, build a large family home or simply sell it off. Our vendors have done the hard work to obtain resource consent by auction to subdivide so the rewards are all yours. It was for this scenario that our vendors purchased this property just two years ago, but work is taking them out of town, so they’re passing on this win to the right buyer. They’ve already taken the strong bones of this 1960s cottage and lovingly transformed it into a relaxed, family home with cool retro features like the fireplace and tawa floorboards. For just the second time in its 67 years history, this absolute gem just one street back from the beach is on the market, so if your check list includes; - 873sqm section with resource consent to subdivide (resource consent applied for and imminent) - Lot 1: 518sqm with existing 99sqm renovated three bedroom home - Lot 2: 355sqm with detached sleep out and garage - Two-minute walk to Omanu beach, cafes and close to Bayfair - Zoned for both Omanu and Arataki Primary schools

Features

3 bedrooms
1 bathroom
99 m² floor area
873 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Maunganui over the last 12 months, the estimated median property value of 19 Paterson Street is $1m.

Median value
$1m
Estimated value range
$905 - $6.2m
Median days on market
29
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Maunganui. 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 19 Paterson Street

2026
Rented
Undisclosed
Leased on 09 Mar 2026 by Ray White Mt Maunganui (Realty Focus Ltd)
2025
Sold
23 Jul 2025 by Matt Power, of Bayleys Mt Maunganui - Papamoa
2023
Sold
Undisclosed
Auction Sale on 22 Feb 2023 by Charlotte Gardner, of EVES Papamoa

Happy sellers in Mount Maunganui

82%
82% of sellers in Mount Maunganui reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 190 reviews in Mount Maunganui over the last 12 months.

Local market activity for 3 bedroom houses in Mount Maunganui

In the last 12 months, 179 three-bedroom houses similar to 19 Paterson Street, have been sold.

This represents a 16% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Maunganui

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Bernadette Griffiths

Sellers who recommend Bernadette Griffiths have praised them for being clear communication, local expert, reliable, supportive, friendly, empathetic and responsive

  •   5   (125 reviews)
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Pat King

Sellers who recommend Pat King have praised them for being clear communication, local expert, friendly, well-prepared, supportive, responsive and pleasant

  •   5   (92 reviews)
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Katie Burke

Sellers who recommend Katie Burke have praised them for being clear communication, local expert, supportive, empathetic, honest, friendly and hard-working

  •   5   (72 reviews)
  •  16 Reviews in Mount Maunganui
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Dirk Merwe

Sellers who recommend Dirk Merwe have praised them for being local expert, clear communication, reliable, honest, responsive, empathetic and easy to work with

  •   4.9   (136 reviews)
  •  16 Reviews in Mount Maunganui
  •  16 Sales in Mount Maunganui
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