326 The Esplanade

Island Bay Wellington

42 m²

566 m²

House

Currently for sale - view listing

Overview

THE ISLAND BAY LIGHTHOUSE.

The iconic "Island Bay Lighthouse" is on the market. Loved and admired by Wellingtonian's and visitors alike, the current owners are reluctantly moving on. Designed and crafted in the early 90's, the Lighthouse is currently run as a very successful short-stay accommodation, as verified by the online 5-star reviews and countless repeat visitors - and has bookings well into 2027. Here are some of the many features of this unique property: • Purpose built one bedroom residence with ample street parking and easy walk up • Rustic, romantic and very private, yet just 15 minutes from the heart of Wellington city and 8 minutes to the airport • Unique build style over three levels with genuine "lighthouse" features and feel throughout • Quality craftsmanship and materials including copper roof and recycled rimu ceiling • Some wall insulation of natural and recycled wool fibres • Mesmerizing sea vistas you can almost reach out and touch - and year round fresh sea breezes • Perfect South Coast location with so much on offer - Taputeranga Marine Reserve, dog beach & rock pools • Island Bay village just around the corner with great schools, cafes, good public transport and the cinema! • Concept plans, together with an approved resource consent to completely re-develop the site for your "dream home" • RV: $690,000 Rates: $3,525 p.a. (plus water $1,981p.a.) - LIM and builders report available So whether looking for an established business to enjoy the income stream, keen to complete the vision and explore the development option further for this unique site, or simply want that retreat by the sea you having pondering for so long - we can arrange a private viewing and provide a comprehensive info pack. This really is a remarkable opportunity - the views are absolutely unbeatable! Viewing strictly by appointment. As this is currently run as a business with heavy bookings - flexibility with you availability to view is appreciated Tender closes 12pm Wednesday 2nd December 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Not selling prior)