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Back 415 Peninsula Road
Off Market

415 Peninsula Road

Kelvin Heights Otago

4
2
2
240 m²
822 m²
House
Monique SimpsonMonique Simpson, last sold this property on 09 April 2026 after 22 days on market.

Overview

Position. Elevation. Potential.

Elevated above Lake Wakatipu and oriented north toward the skyline of Queenstown, 415 Peninsula Road occupies a sun-soaked vantage point in the heart of Kelvin Heights. The aspect captures excellent year-round natural light, while the elevated position delivers expansive lake and mountain views. Lovingly maintained and grounded in the honest architecture of its era, this four-bedroom, two-bathroom residence offers enduring substance and a layout that remains inherently functional. The master suite occupies the upper level, creating natural privacy and separation, while three additional bedrooms below provide flexibility for family or guests. Generous lake-facing decks maximise both sun and outlook, and established gardens frame the home with greenery and shelter. There is immediate comfort here, alongside compelling opportunity. Solid in construction and attractive in configuration, the home presents a genuine platform to live in and enjoy as is, or to renovate and enhance over time — adding value in a location where elevation and sun underpin long-term desirability. The property also enjoys direct connectivity to lakeside walking and biking trails via Mincher Road, placing some of Kelvin Heights’ most scenic routes moments from your door. A short stroll across the road is Peninsula Hill, where an architecturally designed village eatery is currently anticipated for completion in 2026. Walk to the water taxi for a scenic commute across the lake into central Queenstown, or take a short drive to the fairways of Queenstown Golf Club. The commercial hubs of Frankton and Five Mile provide everyday convenience, while The Remarkables ski area and Queenstown International Airport are within easy reach. Whether secured as a permanent residence, a refined holiday retreat, or a strategic investment, this is an elevated position with enduring fundamentals — and genuine upside. To be sold by Auction, 11am, Friday 10 April 2026 (unless sold prior).

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
240 m² floor area
822 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Kelvin Heights over the last 12 months, the estimated median property value of 415 Peninsula Road is $3.47m.

Median value
$3.47m
Estimated value range
$1.7m - $7.9m
Median days on market
43
Estimated value trend
46%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kelvin Heights. 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 415 Peninsula Road

2026
Sold
Undisclosed
09 Apr 2026 by Monique Simpson, of Bayleys Frankton (Queenstown and Southern NZ Realty Ltd)
2023
Sold
$2,710,000
28 Apr 2023 by Mark Martin, of Bayleys Queenstown - Queenstown | Frankton | Southern NZ Realty Ltd

Happy sellers in Kelvin Heights

58%
58% of sellers in Kelvin Heights reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Kelvin Heights over the last 12 months.

Local market activity for 4 bedroom houses in Kelvin Heights

In the last 12 months, 8 four-bedroom houses similar to 415 Peninsula Road, have been sold.

This represents a 60% 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 Kelvin Heights

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Monique Simpson

Monique Simpson is a recommended agent for Kelvin Heights.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  3 Reviews in Kelvin Heights
  •  4 Sales in Kelvin Heights
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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   (132 reviews)
  •  3 Reviews in Kelvin Heights
  •  2 Sales in Kelvin Heights
View profile
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Amelia Cross

Amelia Cross is a recommended agent for Kelvin Heights.  They have collected 3 local reviews across the last 12 months.

  •   5   (55 reviews)
  •  3 Reviews in Kelvin Heights
View profile
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Dee Molnar

Sellers who recommend Dee Molnar have praised them for being clear communication, local expert, supportive, dedicated, friendly, pleasant and well-prepared

  •   5   (92 reviews)
  •  2 Reviews in Kelvin Heights
  •  2 Sales in Kelvin Heights
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