Back 221 Elgin Road
Off Market

221 Elgin Road

Balaclava Otago

4
1
2
468 m²
House
Jordan ArnoldJordan Arnold, last sold this property on 03 May 2026 after 79 days on market.

Overview

More Space, Less Upkeep

Positioned high on the hill in sought-after Balaclava, this solid roughcast property enjoys all-day sun, excellent natural light and subtle sea views, while offering generous proportions and exciting scope to add value. Property highlights: -Four spacious bedrooms, all with excellent built-in storage -Bonus sunroom / playroom / study offering flexible family living -Light-filled separate lounge with original character and charm -Combined kitchen and dining area ideal for everyday life -Solid roughcast construction with timeless appeal -Previously rented for $600 per week - ideal for investors -Renovation potential for those looking to add value -Low-maintenance section with no lawns to maintain -Two off-street parks plus additional storage room or home office -Elevated, peaceful setting just minutes from Mornington shops, cafés and amenities Whether you're investing, renovating or settling in long term, this is a home that delivers on space, location and future potential - an opportunity not to be missed.

Features

4 bedrooms
1 bathroom
2 carspaces
2 open car spaces
468 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Balaclava over the last 12 months, the estimated median property value of 221 Elgin Road is $622.5k.

Median value
$622.5k
Estimated value range
$500k - $683k
Median days on market
29
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balaclava. 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 221 Elgin Road

2026
Sold
Undisclosed
03 May 2026 by Jordan Arnold, of Ray White Dunedin (Proven Realty Limited)

Happy sellers in Balaclava

<50%
Less than 50% of sellers in Balaclava reported that their sale price either exceeded or met their price expectations.

Balaclava stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Balaclava over the last 12 months.

Local market activity for 4 bedroom houses in Balaclava

In the last 12 months, 4 four-bedroom houses similar to 221 Elgin Road, have been sold.

This represents a 400% decrease in four-bedroom houses sales when compared to the previous 12 months.

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