Back 31 Cornwall Street
Off Market

31 Cornwall Street

Masterton Wellington

3
1
1
1212 m²
House
James BlackwoodJames Blackwood, last sold this property on 13 July 2026 after 26 days on market.

Overview

Deceased Estate – Must Be Sold

31 Cornwall Street presents a rare opportunity for developers, renovators, investors, or buyers with vision to secure a property packed with potential. Offered to the market as a deceased estate, the instructions are clear - this property must be sold. Whether you are looking to renovate, redevelop, invest, or landbank for the future, this is an opportunity to unlock value in a sought-after Masterton location. The existing three bedroom, 1950’s-built home provides a blank canvas for buyers looking to restore, reinvent, or add significant value. For those prepared to roll up their sleeves, the opportunity is here to transform the home into something special, making it an ideal project for buyers with vision and ambition. Set on a rare 1,211 square metre section, large landholdings of this size are becoming increasingly difficult to secure in such a sought-after and established location, with subdivision potential (subject to council consent) further enhancing the appeal. Positioned close to Masterton town amenities, transport, and all levels of schooling, 31 Cornwall Street presents an increasingly rare opportunity to secure space, location, and future potential. Call James Blackwood on 027 353 9691 to arrange your private viewing. Tender: Closes on Thursday 9th July 2026 at 2:00 pm at Tremains, Masterton (unless sold prior) To view the property files, copy and paste this link into your browser: https://www.propertyfiles.co.nz/property/M29311

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1212 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Masterton over the last 12 months, the estimated median property value of 31 Cornwall Street is $490k.

Median value
$490k
Estimated value range
$300k - $910k
Median days on market
49
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Masterton. 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 31 Cornwall Street

2026
Sold
Undisclosed
13 Jul 2026 by James Blackwood, of Tremains Masterton (Tremain Real Estate Wairarapa Ltd)

Happy sellers in Masterton

71%
71% of sellers in Masterton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 65 reviews in Masterton over the last 12 months.

Local market activity for 3 bedroom houses in Masterton

In the last 12 months, 30 three-bedroom houses similar to 31 Cornwall Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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