Back 20 Lake Avenue
Off Market

20 Lake Avenue

Frankton Otago

3
1
3
170 m²
804 m²
House
Deni BevinDeni Bevin, last sold this property on 19 February 2026 after 27 days on market.

Overview

Strong Lake Views In Old Frankton

Homes with good lake views in this part of Frankton are in limited supply. Set opposite parkland with easy access to the water, this elevated and well terraced property offers a comfortable lifestyle base in a central and well connected location. Being able to walk across the road for a lake swim, a paddle, or an evening stroll is simply part of everyday life here, with open views across Lake Whakatipu providing a constant backdrop. Convenience is another strong feature. Remarkables Park, Five Mile, and Queenstown Airport are all close by, while the drive to the Remarkables ski field is less than 10 minutes. Everything you need is nearby, without the area feeling busy or closed in. Inside, the home is practical and easy to live in. The main living area is positioned to take in the lake outlook, and the layout includes three main bedrooms plus a forth room that works well as a study, nursery, or home office. Two living spaces and a sheltered outdoor courtyard provide flexibility, whether you enjoy quiet day to day living or are having friends and family over. The 804 m2 site itself adds further appeal, being well terraced and allowing for the potential of secondary access to the rear of the property. The current owners have completed extensive design work, with a valid resource consent in place for a home and income redevelopment, offering clear options for the future. The Frankton school zone and nearby high school add another practical layer for buyers who may value schooling options now or in the future. A video walk through tour, building inspection report, and LIM are available on request. Reach out today for more information, as options like this do not often become available.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
170 m² floor area
804 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankton over the last 12 months, the estimated median property value of 20 Lake Avenue is $1.69m.

Median value
$1.69m
Estimated value range
$932k - $2.33m
Median days on market
22
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Frankton. 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 20 Lake Avenue

2026
Sold
Undisclosed
19 Feb 2026 by Deni Bevin, of One Agency - The Property Specialists Queenstown

Happy sellers in Frankton

94%
94% of sellers in Frankton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 43 reviews in Frankton over the last 12 months.

Local market activity for 3 bedroom houses in Frankton

In the last 12 months, 9 three-bedroom houses similar to 20 Lake Avenue, have been sold.

This represents a 233% decrease in three-bedroom houses sales when compared to the previous 12 months.

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