Back 54 Te Karaka Drive
Off Market

54 Te Karaka Drive

Whakamarama Bay of Plenty

4
3
4
525 m²
4897 m²
House
Last sold for $3,500,000
Cam WinterCam Winter, last sold this property on 29 October 2020 after 13 days on market.

Overview

THE ITALIAN JOB

NOW SOLD (October 2020) This world-class, multi-award winning home of magnificent proportions occupies its own private spot on the sought-after, gated peninsula known as Tides Reach. The current owners once farmed the land and were fortunate to have the first pick of sites when the land was developed. What they selected is arguably the most spectacular position on the entire Te Puna estuary. The main living, master suite and all the bedrooms in this large home look out on the magnificence of a water view, framed by plenty of greenery. Huge expanses of glass - including a deep window in the master suite upstairs - ensure maximum enjoyment of the commanding outlook. One would be hard-pressed to see any other houses when taking in this vista. Featuring: • Pride of position on the Western Bay of Plenty waterfront, a private, sheltered North facing absolute waterfront position. • Future proofed elevation with easy direct water connection. • A coastal estate with the feel of an island and the convenience of a suburb. • Substantial, high-quality build designed by one of Tauranga preeminent architects Dennis Pocock. • StoPoren Plaster (no painting required) and Portuguese Clay Tile roof for a durable and authentic Mediterranean aesthetic. • Large Scullery/ancillary kitchen. • Sprawling indoor outdoor flow connects occupants with the special nature of the site. • Pavilion Room with a stratospheric stud and Jet Master Fireplace ensures comfortable entertaining all year round. • Geothermal bore efficiently heats both floors. • Vast high-stud 4+ car internal access garaging with additional storage loft space. • First floor master suite and kitchenette with 27m2 balcony and lift shaft in place. Learn more about this home by visiting: oliverroadestateagents.com/54tekarakadrive

Features

4 bedrooms
3 bathrooms
4 carspaces
525 m² floor area
4897 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Whakamarama over the last 12 months, the estimated median property value of 54 Te Karaka Drive is $1.47m.

Median value
$1.47m
Estimated value range
$852.5k - $15.5m
Median days on market
101
Estimated value trend
-18%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Whakamarama. 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 54 Te Karaka Drive

2020
Sold
$3,500,000
29 Oct 2020 by Cam Winter, of Oliver Road Bay of Plenty | Luxury Real Estate

Happy sellers in Whakamarama

52%
52% of sellers in Whakamarama reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Whakamarama over the last 12 months.

Local market activity for 4 bedroom houses in Whakamarama

In the last 12 months, 5 four-bedroom houses similar to 54 Te Karaka Drive, have been sold.

This represents a 17% increase in four-bedroom houses sales when compared to the previous 12 months.

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