32 Avalon Crescent

Off Market

32 Avalon Crescent

Fernhill Otago

220 m²

799 m²

House

Last sold for $1,637,000

Ting Xie, last sold this property on 16 October 2025 after 29 days on market.

Overview

Flexible living, multiple income streams

Nestled in a peaceful Fernhill cul-de-sac, 32 Avalon Crescent is a true hidden gem, showcasing unforgettable lake and mountain views. Perfectly suited to astute investors or those seeking a versatile holiday home, this exceptional property offers the rare advantage of three separate income streams each with individually metered power supplies currently generating excellent rental returns. The main residence occupies the upper level, featuring three spacious bedrooms, two bathrooms, and a generous lounge opening to a sun-soaked balcony. A rear sunroom provides the perfect space for an office or extra guest accommodation, while a separate laundry, guest toilet, and garden add further convenience. Every room enjoys uninterrupted views of the breathtaking surrounds. On the ground floor, a fully self-contained one-bedroom flat includes its own large storage room and sweeping lake outlook. Above the double garage, a separate studio provides additional flexibility, and if consent was sought, could provide additional rental income Warm and inviting year-round, the home is fully double glazed and heated by both heat pumps and wood pellet burners. With all the hard work already completed, the property is ready for new owners to move in and enjoy. Ample off-street and garage parking an added bonus. Whether you choose to maximise returns through Airbnb, secure long-term tenants, or live in one part while renting the others, the potential here is undeniable. Please take the time to view our Matterport video walkthrough for this property: https://my.matterport.com/models/UU94mZk6JJa Don’t miss this rare opportunity, contact me today for more information.

Features

5 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

220 m² floor area

799 m² lot size

House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Fernhill over the last 12 months.

Property history for 32 Avalon Crescent

2025

Sold

$1,637,000

16 Oct 2025 by Ting Xie, of Bayleys Frankton (Queenstown and Southern NZ Realty Ltd)

Happy sellers in Fernhill

79%

79% of sellers in Fernhill reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Fernhill over the last 12 months.

Local market activity for 5 bedroom houses in Fernhill

In the last 12 months, 1 five-bedroom house similar to 32 Avalon Crescent, have been sold.

This represents a 100% decrease in five-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fernhill for a free market appraisal.

Harry Hollyer

at Evolv Property Queenstown

4.9

(71 reviews)

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Natalie Toth

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Megan Osborne

at New Zealand Sotheby's International Realty Queenstown

(137 reviews)

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Amelia Cross

at Harcourts Queenstown

(60 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fernhill

Harry Hollyer

Sellers who recommend Harry Hollyer have praised them for being clear communication, local expert, responsive, dedicated, friendly, hard-working and proactive