Back 23 Old Coach Road
Off Market

23 Old Coach Road

Paengaroa Bay of Plenty

3
1
110 m²
817 m²
House
Last sold for $647,000
Arun MehanArun Mehan, last sold this property on 01 February 2026 after 12 days on market.

Overview

Land, Location & Potential

Set on a generous 817sqm (more or less) freehold site with a dwelling of approximately 110sqm (more or less), this property presents a genuine opportunity for buyers with vision. With solid fundamentals already in place and a highly convenient location, this is a home where renovation and improvement can unlock real value. Location is a true highlight. The property is positioned just a two-minute walk to Paengaroa School and Kindergarten, ideal for families. Pongakawa School is approximately a 10-minute drive, offering further schooling options close by. Paengaroa is strategically located for easy commuting throughout the Bay of Plenty, including Rotorua, Whakatāne, and Te Puke. Easy access to the Eastern Link toll road provides a smooth commute to Papamoa East, Bayfair Shopping Centre, and Tauranga. The home offers a practical layout with three bedrooms, one bathroom, and a single garage located downstairs. While the property does require renovation, key features are already in place, including insulation, air conditioning, and a brand-new mains pressure hot water cylinder, providing a strong foundation for future upgrades. This property represents an excellent opportunity for: •Investors looking to add value and strengthen returns •Developers or renovators seeking a well-located project •First-home buyers ready to create equity through renovation With a sizeable landholding, strong location fundamentals, and excellent regional access, this is a property that rewards vision, effort, and forward thinking. Call me today to book your private viewing.

Features

3 bedrooms
1 bathroom
110 m² floor area
817 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paengaroa over the last 12 months, the estimated median property value of 23 Old Coach Road is $787.5k.

Median value
$787.5k
Estimated value range
$550k - $1.07m
Median days on market
39
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paengaroa. 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 23 Old Coach Road

2026
Sold
$647,000
Private Sale/Treaty on 01 Feb 2026 by Arun Mehan, of Bayleys Tauranga

Happy sellers in Paengaroa

73%
73% of sellers in Paengaroa reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Paengaroa

In the last 12 months, 8 three-bedroom houses similar to 23 Old Coach Road, have been sold.

This represents a 40% decrease in three-bedroom houses sales when compared to the previous 12 months.

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