Back 5 Magnetic Place
Off Market

5 Magnetic Place

Cromwell Otago

4
2
5
221 sq.
629 sq.
House
Last sold for $1,200,000
Steve CairnsSteve Cairns, last sold this property on 27 June 2025 after 0 days on market.

Overview

The Complete Package

This stunning four-bedroom home delivers the perfect balance of luxury and liveability in a quiet location, surrounded by premium homes and scenic outlooks. With 221sqm of high-quality living spaces, a beautifully landscaped 629sqm section, and a layout that effortlessly supports modern family life, this property really is the complete package. From the elegant architecture to the central open-plan living and impressive separate lounge, every detail has been beautifully designed creating a warm and welcoming family home. The kitchen is an absolute masterpiece, beautifully finished and designed to impress. With its striking splashback, quality appliances, and expansive breakfast bar, it’s a wonderful central focus point that elevates this exceptional home even more. It has a fabulous layout and double sinks, making it ideal for busy family life or effortless entertaining. Bathed in natural light and with a lovely outlook to the hills, it’s a standout feature of the home, elegant, refined, and a true joy to spend time in. The open plan living and dining space is warm and relaxed with a heat pump for year-round comfort and a fresh modern aesthetic. A separate lounge with a feature fireplace offers a peaceful second living area ideal for entertaining guests or enjoying quiet nights in. With four impressive bedrooms, this beautiful retreat is ideal for growing families through to empty nesters and investors. The master is tucked away at the end of the hall, with an ensuite, walk-in robe, and direct outdoor access for those peaceful morning moments. Outside, you’ll find a beautifully presented, low-maintenance section with enough space for the kids to play, and an internal access garage that also houses the laundry. Designed to impress and built for comfort, this is the kind of home that rarely comes along – spacious, stylish, and perfectly suited to family living or luxurious downsizing. With its idyllic setting and unbeatable presentation, it’s an opportunity not to be missed.

Features

4 bedrooms
2 bathrooms
5 carspaces
221 sq. floor area
629 sq. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cromwell over the last 12 months, the estimated median property value of 5 Magnetic Place is $1.2m.

Median value
$1.2m
Estimated value range
$707k - $2.3m
Median days on market
67
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cromwell. 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 5 Magnetic Place

2025
Sold
$1,200,000
Sold by Set Date on 27 Jun 2025 by Steve Cairns, of Arizto
2019
Sold
$795,000
18 Dec 2019

Happy sellers in Cromwell

82%
82% of sellers in Cromwell reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 93 reviews in Cromwell over the last 12 months.

Local market activity for 4 bedroom houses in Cromwell

In the last 12 months, 35 four-bedroom houses similar to 5 Magnetic Place, have been sold.

This represents a 29% decrease in four-bedroom houses sales when compared to the previous 12 months.

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