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Back 232 Peninsula Road
Off Market

232 Peninsula Road

Kawarau Falls Otago

4
3
1294 m²
House
Megan OsborneMegan Osborne, last sold this property on 17 March 2026 after 40 days on market.

Overview

SOLD by Megan Osborne & Amelia Cross! Opportunities to secure a large land holding in Kelvin Heights with a dual income are rare. Own owners are divesting so if you're here for the long term then get in now and secure this opportunity. Look at the land size, the flexibility already in place and the future potential. Leverage the options. For the clever investor, fundamentals matter. The main is three bedrooms, two bathrooms and elevated to capture the views that stretch across Lake Wakatipu and over the surrounding ranges. Immediately available to live in, rent out, or look to extract returns as holiday home accommodation. Importantly, the second home is a completely separate one-bedroom self-contained flat that introduces a level of flexibility rarely found anywhere in Queenstown. Talk to us about this. It works. Make sure it's you that profits on Peninsula! Surrounded by mountain bike trails, moments from the water's edge and approximately 7km to Queenstown Airport, this address places you within ea

Features

4 bedrooms
3 bathrooms
1294 m² lot size
House

Estimated Value

We need at least 3 similar 4 bedroom houses sold in Kawarau Falls over the last 12 months.

Property history for 232 Peninsula Road

2026
Sold
Undisclosed
17 Mar 2026 by Megan Osborne, of Harcourts Queenstown

Happy sellers in Kawarau Falls

52%
52% of sellers in Kawarau Falls reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Kawarau Falls over the last 12 months.

Local market activity for 4 bedroom houses in Kawarau Falls

In the last 12 months, 2 four-bedroom houses similar to 232 Peninsula Road, have been sold.

This represents a 200% decrease in four-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 Kawarau Falls

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Allyra McGrath

Sellers who recommend Allyra McGrath have praised them for being clear communication, supportive, local expert, honest, responsive and friendly

  •   5   (44 reviews)
  •  1 Review in Kawarau Falls
  •  2 Sales in Kawarau Falls
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Megan Osborne

Sellers who recommend Megan Osborne have praised them for being local expert, clear communication, supportive, responsive, reliable, honest and dedicated

  •   5   (135 reviews)
  •  1 Review in Kawarau Falls
  •  2 Sales in Kawarau Falls
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Sarah Lichtenstein

Sarah Lichtenstein is a recommended agent for Kawarau Falls.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in Kawarau Falls
  •  1 Sale in Kawarau Falls
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Feleki Uhrle

Sellers who recommend Feleki Uhrle have praised them for being clear communication, local expert, dedicated, supportive, honest, detail-oriented and empathetic

  •   5   (63 reviews)
  •  1 Review in Kawarau Falls
  •  1 Sale in Kawarau Falls
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