Back 38 South Terrace
Off Market

38 South Terrace

Picton Marlborough

3
1
1
114 m²
696 m²
House
Grant DouglasGrant Douglas, last sold this property on 21 January 2026 after 13 days on market.

Overview

Sunny, Solid and Harbour Views on the Horizon

Sunny Brick Home with Harbour Glimpses – Outstanding Value Positioned on a sunny 696sqm section, this solid three-bedroom brick home offers space, comfort, and excellent value in a convenient Picton location. Inside, the home feels fresh and inviting with new carpet throughout and an updated kitchen and bathroom, making it an easy, move-in-ready option. The living areas are generous in size, and from the property, you’ll enjoy distant views across Picton Harbour, adding a nice sense of outlook without compromising privacy. The home is well suited to a range of buyers—first-home buyers, retirees, or investors looking for a tidy, low-maintenance property. The section is manageable and sunny, with room to enjoy outdoor living without being high-maintenance. A single garage with an automatic door provides secure parking, plus an additional storage area off the garage—ideal for tools, bikes, or hobbies (note: garage is not internally accessed). Currently vacant, the property offers immediate possession, making it easy to settle in or secure a rental quickly. Offered at $550,000, this represents excellent value in today’s market and a smart opportunity to step into Picton property ownership.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
114 m² floor area
696 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Picton over the last 12 months, the estimated median property value of 38 South Terrace is $640k.

Median value
$640k
Estimated value range
$250k - $1.45m
Median days on market
34
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Picton. 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 38 South Terrace

2026
Sold
21 Jan 2026 by Grant Douglas, of Tall Poppy Real Estate - Marlborough

Happy sellers in Picton

87%
87% of sellers in Picton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 25 reviews in Picton over the last 12 months.

Local market activity for 3 bedroom houses in Picton

In the last 12 months, 21 three-bedroom houses similar to 38 South Terrace, have been sold.

This represents a 57% decrease in three-bedroom houses sales when compared to the previous 12 months.

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